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Mexc account restrictions: withdrawal issues explained

MEXC Account Restrictions | Users Demand Clarity on Extended Withdrawals

By

Nicolas Dubois

May 6, 2025, 11:38 PM

Edited By

Liam O'Connor

Updated

May 12, 2025, 10:04 PM

2 minutes needed to read

An illustration showing a wallet with a red cross over it, representing blocked withdrawals on MEXC.

A rising tide of discontent is washing over MEXC users plagued by ongoing account restrictions, significantly hampering their access to funds. Reports indicate that many are stuck in frustrating withdrawal limbo, prompting urgent calls for clarity and resolution to these issues.

Stalled Withdrawals and Lengthy Restrictions

Many account holders are enduring freezes that last for months, raising serious doubts about the platform's integrity. One user expressed concern, saying, "I did my KYC since 2023 and have been stuck for over a year. It makes me question the integrity of the platform." Another remarked about their predicament: "I was using a VPN just fine. Then, the moment I tried to withdraw, they froze my account and demanded advanced KYC.”

As users navigate these complexities, several account holders report similar experiences. "They restricted opening positions and froze all my funds. It feels like a trap," one person shared.

Unfulfilled KYC Requirements Prompt Frustration

New comments reveal that KYC burdens continue to escalate. One user mentioned, "OMG that’s awful! Did they ask you for KYC after restricting your account or before?" Furthermore, users are facing additional requirements, including proof of address and video selfies, causing even more stress and delays.

Support Shortcomings Spark Legal Action

Customer support frustration is mounting. Many individuals feel left in the dark, leading some to consider legal avenues. As one commenter put it, "Get a lawyer and file the documents through MEXC." Users report that even obtaining a court order often yields only generic responses from customer service.

Key Insights

  • πŸ›‘ Account Freezes: Many accounts remain inaccessible, increasing user anxiety.

  • ⏳ Prolonged Waiting Times: Some users wait over a year for account clarifications.

  • βš–οΈ Legal Measures: The unsatisfactory support has prompted discussions about seeking legal recourse.

With discussions heating up across various forums, the overarching demand for improved transparency and communication from MEXC is louder than ever. Users remain hopeful for a resolution, but the extended wait is pushing their patience to the limit.

A Call for Change

The current situation at MEXC emphasizes a critical moment for the exchange. It seems the company's strategies must undergo significant re-evaluation. Will MEXC respond to the urgent calls for reform, or will user grievances continue to escalate?