Overview
- MEXC announced on Tuesday that it will discontinue services for users in Russia and Belarus and will notify affected accounts individually with specific timelines to close positions and withdraw funds.
- The company said customer assets will remain safe during the wind-down and urged users to follow official in-app notices and emails for their personal instructions.
- MEXC did not cite a particular regulatory order or sanctions designation as the cause and framed the move as part of broader compliance adjustments.
- Other platforms are taking similar steps, with Bitget adding Russia and Belarus to its prohibited list mid-October and issuing its own withdrawal deadlines to some users.
- Dutch users face a separate offboarding set for November 16, 2026, and affected traders should watch for individualized deadlines, avoid phishing attempts, and plan orderly position closures to reduce the risk of forced liquidations and poor trade fills.