MEXC Review 2026
Operating normallyTrust Score™ breakdown
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Exchange health
Our review
Overview
MEXC’s pitch is breadth and price: it lists the largest catalogue of coins and new tokens among the major exchanges — often thousands — at some of the lowest spot fees anywhere (0% maker, 0.05% taker). For traders hunting early listings, nothing else covers as much ground.
Regulation & reputation
MEXC is not AUSTRAC-registered and holds no AFSL. It has drawn regulator warnings in several countries, including Germany’s BaFin and Japan’s FSA, over unlicensed operation, and it is restricted in markets like the US, UK and Canada. The most common user complaint is account or withdrawal freezes triggered during risk and KYC reviews, where recourse can be slow. There is no confirmed custody hack on its record, and it publishes proof-of-reserves.
Fees & who it suits
Near-zero spot fees and a vast token list make MEXC attractive for advanced altcoin traders funding with crypto — there are no native AUD rails. It is not suited to beginners or anyone who wants regulatory protection or dependable local support.
Fees
| Fee type | Rate |
|---|---|
| Market order (maker / taker) | 0% / 0.05% |
| Instant buy / sell / swap | — |
| AUD deposit (Card (third-party), P2P) |
Timeline
MEXC — frequently asked questions
Is MEXC available in Australia?
Australians can use MEXC, but it is not registered with AUSTRAC and operates offshore, so it sits outside Australia's local regulatory framework. There are usually no native AUD bank rails — funding is typically via Card (third-party), P2P. Crypto is legal to trade in Australia, but you take on more risk using an unregistered platform.
Is MEXC safe?
MEXC has operated for about 8 years and has no recorded security incidents. It publishes proof-of-reserves, backs customer funds with insurance or a protection fund, and supports two-factor authentication. No exchange is risk-free, and crypto is not covered by any Australian government guarantee — enable strong 2FA and move long-term holdings into a self-custody wallet.
What fees does MEXC charge?
MEXC's trading fees are around 0% maker / 0.05% taker on market orders. AUD deposits via Card (third-party), P2P are subject to that method's fees. Like most platforms, using an "instant buy" button costs more than a market order because the spread is baked into the price — trade on the market or "pro" screen to pay less.
Is MEXC regulated in Australia?
MEXC is not registered with AUSTRAC. It does not hold an Australian Financial Services Licence (AFSL). Remember that AUSTRAC registration covers financial crime, not consumer protection — it is not a guarantee your money is safe if the exchange fails.
Does MEXC have a mobile app?
Yes — MEXC has both iOS and Android apps, alongside a web platform. It lists around 2900 cryptocurrencies and offers staking.
Is MEXC right for you?
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