How to Withdraw from MEXC to Bank Account (2026 Guide)

MEXC primarily operates as a crypto-to-crypto exchange, meaning direct fiat withdrawals to bank accounts are limited compared to platforms like Coinbase or Kraken. However, there are three reliable methods to get your money from MEXC to your bank: (1) SEPA bank transfer for European users, (2) P2P trading to sell crypto directly to buyers who pay via bank transfer, and (3) the crypto bridge method where you transfer crypto to a fiat-friendly exchange and withdraw from there. The best method depends on your region, urgency, and the amount you want to withdraw. All methods require at least basic KYC verification on MEXC.

European users with Advanced KYC verification can withdraw EUR directly to their bank account via SEPA transfer. Steps: (1) Complete Advanced KYC on MEXC (passport/ID + proof of address), (2) Go to Assets > Withdraw > Fiat, (3) Select EUR and SEPA transfer, (4) Enter your IBAN bank account details, (5) Enter the withdrawal amount (minimum typically 10 EUR), (6) Confirm with 2FA verification. Processing time is 1-3 business days. SEPA withdrawal fees on MEXC are minimal, typically around 1 EUR. This is the simplest and cheapest method but is only available for EUR withdrawals in SEPA-participating countries.

MEXC P2P marketplace lets you sell crypto directly to other users who pay via bank transfer, mobile payment, or other local methods. Steps: (1) Convert your holdings to USDT (the most liquid P2P pair), (2) Go to Trade > P2P Trading, (3) Select "Sell" tab and choose USDT, (4) Filter by your preferred payment method (bank transfer, Wise, PayPal, etc.), (5) Choose a buyer with a good completion rate and verified merchant badge, (6) Enter the amount and initiate the trade, (7) Wait for the buyer to send payment to your bank account, (8) Verify you received the money, then release the crypto. P2P has no platform fees but rates may be slightly below market price. The escrow system protects both parties. Processing depends on the buyer but typically takes 15-60 minutes.

The most universal method works in any country where you have a fiat-supporting exchange. Steps: (1) Convert your holdings to USDT or USDC on MEXC, (2) Choose a low-fee network for transfer — TRC-20 (Tron) costs ~1 USDT, BEP-20 (BNB Chain) or SOL are also cheap, (3) Withdraw from MEXC to your deposit address on the fiat exchange (Binance, Kraken, Coinbase, OKX, etc.), (4) On the receiving exchange, sell USDT/USDC for your local currency, (5) Withdraw fiat to your bank account. Total fees: MEXC withdrawal fee (1 USDT on TRC-20) + receiving exchange trading fee (0.1%) + fiat withdrawal fee (varies). Total time: 10-30 minutes for crypto transfer, 1-5 business days for bank withdrawal depending on the exchange and your region.

MEXC withdrawal fees vary by cryptocurrency and network. For USDT: TRC-20 costs 1 USDT, ERC-20 costs 3.5 USDT, BEP-20 costs 0.3 USDT, and SOL costs 1 USDT. For BTC the fee is approximately 0.0001 BTC, and for ETH it is around 0.001 ETH. Withdrawal limits depend on your KYC level: without KYC you can withdraw up to 5 BTC equivalent per 24 hours, with basic KYC the limit increases to 200 BTC, and with advanced KYC there is no daily limit. For P2P, there are no MEXC platform fees but rates are set by individual traders. For SEPA, the fee is approximately 1 EUR with a minimum withdrawal of 10 EUR. Always check the current fee page on MEXC before withdrawing, as network fees can change based on blockchain congestion.

To avoid delays and issues: (1) Complete KYC verification before attempting large withdrawals — unverified accounts have lower limits and may trigger risk alerts, (2) Always double-check the wallet address and network before confirming — sending to the wrong network means permanent loss, (3) Start with a small test withdrawal first to verify everything works, (4) Use TRC-20 or BEP-20 networks for USDT transfers as they are cheapest and fastest, (5) Avoid withdrawing during extreme market volatility as network congestion can increase fees and processing times, (6) If your withdrawal is stuck "processing" for more than 2 hours, contact MEXC support via live chat, (7) Keep your 2FA device accessible as all withdrawals require verification, (8) For large amounts, consider splitting into multiple smaller withdrawals to reduce risk.