MEXC is one of the few remaining major exchanges that lets you create an account and trade with only an email address โ no identity documents required. Crucially, the no-KYC account is not a crippled demo: it is a full account with a limited daily crypto-withdrawal allowance, commonly reported around 5 BTC equivalent across a rolling 24-hour window (this figure is unverified and subject to change โ always confirm your account's current limit in MEXC's withdrawal screen). Even at the lower reported figure, that is a meaningful amount of withdrawal headroom per day, which comfortably exceeds the needs of the vast majority of retail traders.
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What the no-KYC tier includes
On an unverified account you can deposit crypto, trade across 3,000+ spot pairs, use futures with up to 500x leverage, access copy trading and Earn products, and withdraw crypto up to the no-KYC daily limit (commonly reported around 5 BTC equivalent, but unverified and subject to change). The limit is measured in BTC-equivalent value, so it applies to your total daily withdrawals across all coins combined, not per-coin.
How verification raises the limit
If you need to move more than the no-KYC allowance per day, or want access to fiat on-ramps and certain payment methods, completing KYC raises your withdrawal ceiling significantly. KYC on MEXC is tiered, and the published tiers raise this substantially โ roughly 80 BTC/day after Primary verification and 200 BTC/day after Advanced. A basic (Primary) verification is typically a government ID plus a selfie, and higher tiers raise it further for institutional-scale activity. Verification typically completes within a few minutes to 24 hours.
The privacy tradeoff
The advantage of staying unverified is obvious: you keep your identity documents off a foreign, unregulated exchange's servers, which appeals to privacy-conscious users and people in regions where ID documentation is hard to obtain. The tradeoffs: your daily withdrawal is capped at the no-KYC allowance (commonly reported around 5 BTC equivalent, but unverified and subject to change), you have no fiat off-ramp, and โ because MEXC is unregulated with no deposit insurance โ an unverified account gives you even less recourse if a dispute arises. As a security habit, enable 2FA and a withdrawal whitelist regardless of whether you verify. Note that regulatory pressure is steadily shrinking no-KYC access industry-wide, so this policy may tighten over time; always check MEXC's current terms for your jurisdiction.