can i trade on mexc without kyc

Trading on MEXC without KYC is feasible, but you'll encounter certain restrictions, such as limited daily trading volume, reduced feature accessibility, and potentially slower withdrawal processing.

Oct 28, 2024 at 03:36 am

Can I Trade on MEXC Without KYC?

Yes, you can trade on MEXC without KYC. However, there are some limitations to doing so.

1. Limited Trading Volume
Without KYC, your daily trading volume is limited to 2 BTC. This means that you can only trade up to 2 BTC worth of cryptocurrency per day.

2. Limited Access to Features
You will also have limited access to some features on the MEXC platform without KYC. These features include:

Margin trading
Futures trading
Options trading
Staking

3. Slower Withdrawal Speeds
Withdrawals may be slower without KYC. This is because MEXC needs to verify your identity before processing withdrawals.

Overall, it is possible to trade on MEXC without KYC. However, there are some limitations to doing so. If you plan to trade large volumes of cryptocurrency or access advanced features, you will need to complete the KYC process.

Here are the steps on how to trade on MEXC without KYC:

Create an account. You can create an account on MEXC without providing any personal information.
Deposit cryptocurrency. You can deposit cryptocurrency into your MEXC account using a variety of methods, including bank transfer, credit card, and cryptocurrency.
Start trading. Once you have deposited cryptocurrency into your account, you can start trading. Your trading volume will be limited to 2 BTC per day.
Withdraw cryptocurrency. You can withdraw cryptocurrency from your MEXC account without KYC. However, withdrawals may be slower than if you had completed the KYC process.

Please note that MEXC may require you to complete KYC if you:

Exceed your daily trading volume limit
Attempt to withdraw a large amount of cryptocurrency
Suspicious activity is detected on your account

If you are unsure whether or not you need to complete KYC, please contact MEXC support for assistance.

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