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Risk control issues: funds unable to withdraw on mexc

Funds Blocked | A Growing Concern about Risk Control

By

Fatima Ahmed

May 5, 2025, 08:54 PM

Edited By

Mei Lin

Just a minute read

A person looking frustrated while using a laptop, depicting issues with trading on MEXC due to risk control restrictions.

A surge of complaints from users reveals MEXC is implementing strict risk control measures. Many report limited access to their funds after recent deposits, raising alarms about the platform's accountability. Could this signal a deeper issue?

Platform Frustration

Users are expressing frustration with MEXC's handling of their accounts, specifically surrounding transactions. One longtime user noted, "I'm fully KYC verified too, and this is the first time I've got an issue.” Despite their verification status, several accounts remain blocked.

Interestingly, reports indicate that the platform has been flagging many accounts. Commenters observe that it appears to be a widespread issue, with a user stating, "They are doing it literally to everyone now, including me.”

Significant User Impact

Many individuals are in precarious situations. One user shared a fear of losing their savings, mentioning their account is unable to withdraw funds. This situation has led to outrage among the community, with numerous users advising each other to "get your money out of MEXC while you can!"

"Every 3 hours there is a new risk control review this means they are blocking hundreds of users every single day."

Shifting User Sentiment

Users express a negative outlook on the platform, suggesting a trend of blocking accounts without adequate explanations.

Key Points to Consider

  • 🚩 Users express concerns over safe access to their deposits.

  • πŸ”’ Risk control actions lead to account blocking, affecting many traders.

  • ⚠️ Community sentiment leans toward distrust; many consider facilities unreliable.

As the situation develops, users remain anxious about the state of their investments, pressing for transparency from MEXC. How will the platform respond to this growing wave of discontent among its contributors?