Cheapest exchange this week
Binance · $1.43 all-in avg
$1,000 buy avg · this week
What "0% fee" really costs
MEXC +€1.22 vs cheapest
all-in cost gap (EUR) · latest round
Cheapest way to move USDT at Binance
cheapest: BNB Chain 0.01 USDT · priciest: Tron 1.5 USDT
withdrawal fee · curated
Top reliability score right now
Kraken 88
sourced & dated · never bought
Reliability Score · methodology v1.0 · updated 2026-08-15
MEXC: 60/100
Six components, each with its reason and sources below — the timeline keeps the full incident record visible.
Score over time
58 – 60 across 198 daily readings since 2026-06-23. The burgundy point is today.
Score breakdown
Withdrawal reliability weight 25%
57
2 recorded withdrawal incidents within the 24-month window, weighted by severity and recency.
Proof of reserves weight 20%
90
Monthly Merkle-tree PoR with per-user self-verification, snapshots audited by Hacken; May 2026 report shows BTC 295% / USDT 111% coverage.
Regulatory standing weight 20%
20
No MiCAR licence or known application. Seychelles FSA public statement (2025-05-30): the IBC entity was struck off in 2023 and was never authorised under the VASP Act; a UK FCA warning and an Australian ASIC investor alert are active.
Security history weight 15%
100
No recorded security incidents within the 24-month decay window.
Support quality weight 10%
32
Trustpilot 1.6/5 (~1,000 reviews, 2026-06-10) as a complaint-pattern proxy; withdrawal and account-freeze complaints are the dominant theme.
Operational maturity weight 10%
60
Founded 2018; top-3 global spot volume (~$3.6B median daily, 2026 rankings). Offshore registration with limited corporate transparency (see regulatory component).
Incident timeline · facts with dates
2025-07-15
Withdrawal · sev 4
A trader account holding ~$3M was frozen for ~3.5 months (Jul–Oct 2025) citing ToS violations; funds were released after a public campaign, with a public apology by the CSO on 2025-10-31 and a new fast-track channel for unresolved account issues.
source2025-03-26
Withdrawal · sev 4
MEXC confirmed freezing 1,500+ accounts on 2025-03-26 citing coordinated market manipulation, with transaction rollbacks and 30-day surveillance holds.
source
How this score is computed — weights, rubrics, decay, neutrality: /exchanges/methodology. All venues: /exchanges.
More on MEXC: hidden spread · withdrawal fees · head to head: vs Binance · vs Bitget · vs Bitpanda · vs Bitstamp · vs Bitvavo
Not investment advice. Skontro is not a CASP under MiCAR. Reliability Scores are information, not recommendations: every negative datapoint is dated and sourced, the methodology is public, and no exchange can pay to change a score.