MEXC
“Can a zero-fee crypto exchange serving 40M+ global users build enough compliance infrastructure and embedded financial products (lending, earn) to sustain regulatory legitimacy and deepen revenue per user?”
Founded in 2018, MEXC grew into a global crypto exchange serving 40M+ users across 170+ countries, offering access to 3,000+ digital assets. The platform differentiated through zero-fee spot trading and broad altcoin listings. In 2025-2026, MEXC expanded into embedded crypto finance products including collateral-backed loans and deepened compliance infrastructure by partnering with Sumsub to replace fragmented manual KYC with AI-powered verification — positioning itself to handle scale while managing regulatory pressure across diverse jurisdictions.