Cryptocurrency Q&A
Can I withdraw on MEXC without KYC?
Can I withdraw on MEXC without KYC?
Moonshadow
Wed Sep 25 2024
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Excuse me, I'm curious about the process of withdrawing funds from MEXC. I understand that many crypto exchanges require users to complete Know Your Customer (KYC) verification in order to withdraw funds. My question is, does MEXC also require KYC for withdrawals? Or is there a way to withdraw funds from MEXC without completing KYC verification? I would appreciate any clarity you can provide on this matter. Thank you.
5 answers
BlockchainVisionary
Fri Sep 27 2024
MEXC is a renowned cryptocurrency exchange that stands out for its user-friendly no-KYC policy. This feature caters to users who prefer anonymity or those who find the verification process cumbersome.
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Bianca
Fri Sep 27 2024
Non-verified users on MEXC enjoy a daily withdrawal limit of 10BTC, which is a generous amount considering the exchange's commitment to accessibility. This limit ensures that users can still engage in substantial transactions without compromising their privacy.
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CherryBlossomFall
Fri Sep 27 2024
Buying and selling cryptocurrencies on MEXC is made effortless, as the platform does not mandate ID verification for its users. This approach fosters a seamless trading experience, allowing individuals to quickly navigate the market without encountering barriers.
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FantasylitElation
Thu Sep 26 2024
When it comes to fees, MEXC offers highly competitive rates that are favorable for traders. In the spot market, makers enjoy 0% fees, while takers are charged a mere 0.1%. This structure incentivizes market making and promotes liquidity.
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CryptoProphet
Thu Sep 26 2024
The futures market on MEXC is equally attractive, with makers again enjoying 0% fees and takers being charged just 0.01%. This low-fee environment encourages users to participate in futures trading, driving market activity and enhancing the overall trading experience.
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