Strategic Shift: MEXC Ceases Service for RU/BY Users
The crypto exchange MEXC has announced it will stop serving users located in Russia and Belarusto comply with increasing global regulatory demands. This move follows similar patterns seen previously by platforms like Bitget.
Mandatory Liquidation Timeline (UTC+0)
- October 24 - Restriction on opening new positions and placing orders; however, existing trades can still be closed and funds withdrawn.
- October 28 - All remaining open positions will be forcibly closed and settled automatically.
- November 4 - Final deadline for all unable affected enoughtfully withdrawing any remaining balance from the platform.
Actionable Guidance & Alternatives
Users currently utilizing MEXC should monitor email notifications and app alerts closely to manage their exit before deadlines pass. As a strategic alternative or destination for capital following this transition, Bybit remains a top-tier recommendation for maintaining portfolio activity within these regions.
Conclusion: To avoid forced liquidations으로 loss of access, users must prepare for an orderly withdrawal or position closure prior to November 4th even though restrictions begin as early as October 24th.
! DYOR (Do Your Own Research)