South Korea Blocks 27 Unregistered Exchange Sites Including KuCoin and MEXC
South Korea's FIU blocked 27 unregistered exchange sites including KuCoin and MEXC, shifting to immediate administrative enforcement without court orders.
MEXC
Profile statusUNDER REVIEWFounded2018
Our Take
MEXC is a centralized cryptocurrency exchange offering spot and futures trading services to users across Global / jurisdiction restricted.
MEXC reviews
Published user experiences with MEXC.
- User Rating
- 1.5 / 5
- Total Reviews
- 2
5 star0%
4 star0%
3 star0%
2 star50%
1 star50%
04 / NEWS
Latest MEXC News
Recent reporting and developments from the 3CBlock newsroom.
South Korea Blocks 27 Unregistered Crypto Exchanges Including KuCoin and MEXC
South Korea orders website blocks on 27 unregistered crypto exchanges, including KuCoin and MEXC, to enforce domestic compliance and anti-money laundering regulations.
South Korea Blocks 27 Crypto Exchange Websites Including KuCoin and MEXC
South Korea's FIU blocked 27 crypto exchange websites, including KuCoin and MEXC, extending prior app restrictions to enforce registration laws and protect consumers from unregistered foreign operators.
Published 3CBlock coverage manually linked to this exchange.
About MEXC
Global digital-asset trading platform offering spot, derivatives and other crypto-market services, subject to significant jurisdictional restrictions.
Assessment Overview
10/10
Security & Risk
Security incidents, account protection, asset custody and withdrawal controls.
10/10
Transparency
Proof of reserves, asset disclosure, corporate and ownership transparency.
3services
Products & Services
Documented offerings include Spot, Futures, Earn.
03 / MARKET DATA
Exchange Trade Volume
24-hour distribution by market pair and quote currency.Volume by Market Pair
- BTC/USDT48.9%
- USDC/USDT7.0%
- SOL/USDT4.7%
- ENA/USDT3.6%
- XRP/USDT2.7%
- Other33.0%
Volume by Currency
- USDT97.5%
- USDC1.5%
- USD10.8%
- EUR0.1%
- BRL0.0%
- Other0.1%
24h ticker volume · CoinGecko · 1,798 markets · collected 5 Oct 2026
Exchange Trade Volume
High $1.2BLow $763.5M
MEXC reviews
Published user experiences with MEXC.
Rachel T.
2.0 / 5
My withdrawal arrived without a serious issue
My withdrawal from MEXC completed successfully. The security confirmation was reasonable and the destination details were shown before submission. Processing took longer than I expected, so an estimated completion window would have been useful.
Ethan N.
1.0 / 5
I used MEXC for a withdrawal and received the funds without a problem
I used MEXC for a withdrawal and received the funds without a problem. The process itself was straightforward, although I spent some time checking whether the request was still pending or already being processed. Better status labels would improve the experience.