Reliability Score · methodology v1.0 · updated 2026-10-04
MEXC: 62/100
Score over time
58 – 62 across 325 daily readings since 2026-06-23. The burgundy point is today.
Score breakdown
Withdrawal reliability weight 25%
65
Why 65 · 2 sources
2 recorded withdrawal incidents within the 24-month window, weighted by severity and recency.
Proof of reserves weight 20%
90
Why 90 · 1 source
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
Why 20 · 2 sources
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
Why 100
No recorded security incidents within the 24-month decay window.
Support quality weight 10%
32
Why 32 · 1 source
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
Why 60 · 1 source
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
What happened · sourced
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
What happened · sourced
MEXC confirmed freezing 1,500+ accounts on 2025-03-26 citing coordinated market manipulation, with transaction rollbacks and 30-day surveillance holds.
source
Sources & method: Method → · All exchanges: /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.