
KuCoin vs MEXC: what their terms and the registers say
KuCoin vs MEXC: what differs?
From their own documents and the registers, KuCoin and MEXC differ on licences found in a register (1 against 0, and a regulator warning), the gambling clause (KuCoin: restricts some gambling; MEXC: prohibits gambling), proof of reserves and whether the terms name a contracting company. No winner is declared: which difference counts depends on how you use the exchange.
Documents last checked Reviewed by CryptoGuardz Register Desk, editorial desk
Disclosure: CryptoGuardz has no commercial relationship with KuCoin or MEXC and earns nothing if you open an account at either. Every cell below is a field from one of the two register records, each built from documents the company publishes and the registers that should list it, dated when read. Corrections go to the corrections page.
KuCoin and MEXC side by side
| Field | KuCoin | MEXC |
|---|---|---|
| Company in the terms | Not disclosedJurisdiction: not disclosed | MEXC Trading PlatformJurisdiction: not disclosed |
| Licences found in a register | 1 found in a register (FMA)Held by KuCoin EU Exchange GmbH | None found in a register; on a regulator warning list |
| Licences claimed, not confirmed | 0 | 0 |
| Freeze clause | Discretionary freeze, no notice required | Discretionary freeze, no notice required |
| Withdrawal suspension clause | None on record | Quoted on the entry |
| Insolvency clause | Terms silent | Terms silent |
| Proof of reserves | Published, outside signer named | Published, self-signed |
| Gambling clause | Restricts some gambling | Prohibits gambling |
| Incidents on record | 1Latest 2025-01-27 | 1Latest 2025-09-16 |
| Points not verified | 3 | 6 |
| Terms read | kucoin.comRetrieved 2026-09-28 | mexc.comRetrieved 2026-09-22 |
What differs, and who it matters to
This comparison reads two records and declares no winner. Both were last reviewed on 2026-09-28. On licences, KuCoin: 1 found in a register (FMA); MEXC: none found in a register; on a regulator warning list. That matters to anyone who may need a regulator to complain to, and only if the licence covers the company they contract with. On gambling, KuCoin's terms: restricts some gambling; MEXC's: prohibits gambling. That matters to anyone sending funds to a casino, because a breach can cost the account. On proof of reserves, KuCoin: published, outside signer named; MEXC: published, self-signed. KuCoin's binding document does not name a contracting company, which matters to anyone who may need to bring a claim. The two records agree on freeze clause scope, insolvency clause and incident count. 3 points could not be verified for KuCoin and 6 for MEXC. No account was funded and no withdrawal was run on either, so none of this speaks to how the platforms perform.