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MEXC Exits Russia and Belarus: Withdrawal Deadlines and What It Means for Kazakhstan

On October 20, 2026, crypto exchange MEXC announced that it is discontinuing services for users in Russia and Belarus. There is no single public deadline: each affected user gets individual timelines for closing positions and withdrawing assets. Here is what is officially confirmed, which dates appear in the notices, and where Kazakhstan fits in.

AuthorAntonio MerklePublishedOctober 20, 2026UpdatedOctober 30, 20266 min read

On October 20, 2026, crypto exchange MEXC posted “Service Update for Users of Russia or Belarus” in its announcement center. It says that, as part of its ongoing efforts to enhance global compliance, the exchange has decided to discontinue services for users in Russia and Belarus. MEXC repeated the message on its official X account.

What MEXC officially said

• The decision affects users in Russia and Belarus. The stated reason is global regulatory compliance; no specific regulator or sanctions measure is named.
• Affected users will receive individual notifications with timelines and procedures for closing positions and withdrawing assets — by email and in-app message.
• If you have not received a notification, the exchange says your account is not affected and you can keep using MEXC under its Terms of Service.
• MEXC says user assets are safe and warns that its staff never ask for payments, passwords, seed phrases or asset transfers via private message.

Your assets remain safe and secure.

Deadlines: what the individual notices say

MEXC has not published the dates. The specific timeline comes from notices received by users in Russia, quoted by lawyer Mikhail Uspensky in a comment to Cointelegraph and by NDN.Info in an article on vc.ru. According to NDN.Info, every date in the notices is 00:00 Moscow time (UTC+3).

1. October 20

   MEXC announces the exit

   The announcement goes live and affected users start receiving individual notices.
2. October 24, 00:00 MSK

   No new orders or positions

   Users can no longer place new orders, open positions or increase open ones. Closing positions, adjusting margin and withdrawing funds are still allowed.
3. October 28, 00:00 MSK

   Forced closing of positions

   The exchange starts closing remaining positions automatically at the price at the time of closing — you can no longer choose your exit.
4. November 4, 00:00 MSK

   Self-service withdrawals end

   The last moment to withdraw assets yourself — in practice, the end of November 3, Moscow time.
5. After November 4

   Withdrawals via support only

   According to NDN.Info, balances are not wiped, but withdrawals will only be possible through MEXC support — with extra checks, minimum amounts, fees and longer waiting times.

Where Kazakhstan fits in

The October 20 announcement does not mention Kazakhstan — it only covers Russia and Belarus. However, the current MEXC User Agreement (Last Updated: 13 October, 2026) explicitly lists Kazakhstan, together with Russia and Belarus, in its Prohibited Jurisdiction section: MEXC does not provide services or accept user registrations in these countries.

The same clause contains two more rules that matter to users. If it turns out a user gave false information about their location or residence, MEXC reserves the right to terminate the account immediately and liquidate open positions. And users who become resident in a prohibited jurisdiction must inform MEXC as soon as possible. Hiding your country of residence is therefore a direct risk of losing access to your funds at the worst possible moment.

MEXC is not the first: Bitget restricted access four days earlier

On October 16, 2026, Bitget updated its Terms of Use and added Russia, Belarus and Kazakhstan to its list of prohibited jurisdictions. Like MEXC, Bitget did not set a common deadline: affected users receive individual timelines and instructions. According to media reports, at least one user’s notice set a deadline of October 21. Details in our story “Bitget Closes Certain Accounts”.

Read also: Bitget closes certain accounts · HTX adds Russia to its prohibited jurisdictions · KuCoin exits Russia and Belarus

On October 29, KuCoin also announced an immediate discontinuation of services for users in Russia and Belarus — details in our story “KuCoin Exits Russia and Belarus”.

MEXC had restricted Russian users before: according to media reports, in May 2026 the exchange stopped users from Russia, Belarus, Armenia and Ukraine from opening new trades on some futures pairs. MEXC is also winding down in the Netherlands — according to the exchange, final offboarding there is scheduled for November 16, 2026 — and its announcement center lists a wind-down notice for France next to the Russia and Belarus update.

What MEXC users should do now

1. 1

   Check your email and in-app notifications

   Find the MEXC notice and check your own dates. If you have no notice, MEXC says your account is not affected, but keep an eye on notifications — timelines are sent individually.
2. 2

   Close positions and cancel orders yourself

   If anything is still open, do not wait for the forced closing: the exchange will close the position at the price at that moment, and you will not be able to choose your exit.
3. 3

   Withdraw your assets before 00:00 MSK on November 4

   Pick a network with a reasonable fee, double-check the address and the minimum withdrawal, and start with a small test transfer. Do not leave it to the last day.
4. 4

   Do not trust “helpers”

   MEXC never asks for passwords, seed phrases, payments or asset transfers via private message. Only use links from the official website, the app and the exchange’s verified accounts.
5. 5

   Missed the deadline? Contact support

   After the deadline, according to NDN.Info, withdrawals are only possible through MEXC support — with extra checks, minimum amounts and fees. Contact support via the official website or app.

What it means for P2P traders

MEXC is discontinuing services for affected accounts as a whole, so its P2P section closes for them too: buying and selling USDT for rubles has to move to other platforms. Before choosing a new one, compare rates, spreads and liquidity for your payment method — P2P.Army shows this in real time across dozens of exchanges.

About the author

Antonio Merkle

Crypto expert, arbitrage trader and investor

Crypto expert and hands-on crypto arbitrage trader, investor and software developer with over 20 years of experience. On the P2P.Army blog he covers exchange news, P2P and cross-exchange arbitrage.

• Crypto arbitrage
• P2P arbitrage
• Cross-exchange arbitrage
• Crypto exchanges
• Investing
• Software development

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