Do you want me to tell you the big secret and the downside, which the exchange hides from everyone?
Did you know that all wallets with your money belong to the exchanger, not to you, and in any unclear situation it can take away your access to them. Today I have a question to the exchanger, and I asked for a private key to my wallet - to what the exchanger employee told me - that he cannot give it to me, because the wallet does not belong to me, and the exchanger only provides access to certain addresses on this wallet!
Lissanro Rayen
Vanya Belozertsev
18 May 2021 at 20:25
Rate your response1
+2
0
This is true for any exchange, whether crypto or fiat, and no one hides it. In addition, even if they gave a private key, what good would it do if it is already known to the one who gave it? You have to withdraw the income to your wallet. Not to mention the fact, that there are many technical and security reasons, that no exchanger would give out private keys from purses. If you want to exchange cryptocurrencies without exchanges and have your private keys with you, there are wallets like Exodus, but they usually have very high exchange fees. Exchanges are more profitable and convenient for frequent cryptocurrency exchange operations.
Ruslan Moderator
Vanya Belozertsev
17 August 2022 at 12:41
Rate your response0
0
0
Good afternoon! We try to make sure that the reviews on our site are objective, but you left a negative comment without understanding the situation. MEXC is one of the popular exchanges and respects the safety and privacy of users' wallets. The reasons for blocking accounts are spelled out in user agreement, see it at
More reviews about MEXC
Anonymous User1 year ago
4.8
Rate your review0
-1
1
MEXC Crypto Exchange
MEXC has the best tech support I have ever seen. I had an issue with one of my PCs being hacked. I... Read review
Artem Bulatov1 year ago
5
Rate your review0
0
0
Thank you!
I have been using the services of MEXC for almost a year now. I am very enthusiastic about their services and their... Read review
Dmitriy Brizgalin2 years ago
4
Rate your review0
+1
0
Hello. Can you please tell me if...
Hello. Can you please tell me if the deposit and withdrawal buttons are inactive for a particular coin, what does this mean... Read review
86%14% 
86%14% 
English 
Français 
Deutsch 
Español 
Polski 
Suomi 
Bahasa Indonesia 
Русский
Do you want me to tell you...
Do you want me to tell you the big secret and the downside, which the exchange hides from everyone?
Did you know that all wallets with your money belong to the exchanger, not to you, and in any unclear situation it can take away your access to them. Today I have a question to the exchanger, and I asked for a private key to my wallet - to what the exchanger employee told me - that he cannot give it to me, because the wallet does not belong to me, and the exchanger only provides access to certain addresses on this wallet!