Is MEXC available in India?
MEXC suspended its services for users in India with effect from 28 February 2026 and paused new India registrations from 15 January 2026, saying this is part of its process of registering with the Financial Intelligence Unit India (FIU-IND). India residents who want to trade now should use a platform that is registered with FIU-IND and available in India.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
No, not currently. MEXC suspended its services for users in India with effect from 28 February 2026, having paused new India registrations from 15 January 2026, as part of what it describes as its process of registering with the Financial Intelligence Unit India (FIU-IND) under the Prevention of Money Laundering Act. As of June 2026, trading, deposits, and other services are not available to India users on MEXC. India residents who want to trade should use a platform that is registered with FIU-IND and genuinely available in India.
What MEXC is and the India position
MEXC is a global cryptocurrency exchange known for a very wide selection of listed tokens and for spot and derivatives trading. It previously served users in India, but it has suspended that service. As of June 2026, India users cannot trade, deposit, or use other services on the platform.
MEXC paused new user registrations from India from 15 January 2026 and then suspended services for existing India users with effect from 28 February 2026. MEXC said the suspension is part of its process of registering with the Financial Intelligence Unit India (FIU-IND), and that it chose a voluntary suspension to avoid the risk of non compliance while registration is pending. The position is therefore not available for now, and it may change if and when registration completes (as of June 2026).
Why MEXC is suspended in India
- Service suspension. MEXC suspended services for existing India users from 28 February 2026, with trading, deposits, and other operations unavailable from that date (as of June 2026).
- New registrations paused. MEXC paused new user registrations from India from 15 January 2026 ahead of the broader suspension (as of June 2026).
- FIU-IND registration framework. Crypto platforms serving India must register with the Financial Intelligence Unit India (FIU-IND) as reporting entities under the Prevention of Money Laundering Act. MEXC said it is working through this process and that registration is not yet confirmed complete (as of June 2026).
- Crypto itself is not banned. Trading crypto is not banned in India, though it is taxed heavily and subject to anti money laundering rules. The issue here is the availability of the MEXC platform, which is suspended (as of June 2026).
What this means for residents of India
Because MEXC is suspended for India users, this site does not link to it for India. Existing India users should follow MEXC's official guidance on managing or withdrawing any remaining balance during the suspension. Attempting to bypass the suspension, for example by using a virtual private network or a foreign address, can breach the platform terms of service and can carry legal and financial risk.
India residents who want to trade now can instead use a platform that is registered with FIU-IND and available in India. The compliant alternatives below are platforms reported to be on the FIU-IND register as of June 2026, though you should confirm registration and supported products before acting.
How crypto is taxed in India is handled by the Income Tax Department, which applies a flat 30 percent tax on gains from virtual digital assets and a 1 percent tax deducted at source on transfers. See the India crypto tax page for a general explanation. This is general information and not tax advice, so verify your position with a qualified professional before filing.
Regulator and sources
The relevant authority for crypto platform registration in India is the Financial Intelligence Unit India (FIU-IND) under the Prevention of Money Laundering Act, with the Income Tax Department handling tax. The position below is stated as of June 2026 and should be confirmed on the primary sources.
- MEXC, official announcements on the suspension of services for India users and the pause on new India registrations, with the relevant dates.
- Financial Intelligence Unit India (FIU-IND), register of crypto reporting entities and the registration requirement under the Prevention of Money Laundering Act.
- Income Tax Department of India, rules on the taxation of virtual digital assets, including the flat 30 percent rate and the 1 percent tax deducted at source.
MEXC is suspended for India users as of June 2026, so this site does not link to it for India. These platforms are reported to be registered with FIU-IND and available in India, though you should confirm registration and supported products.
Frequently asked questions
Is MEXC available in India?
No, not currently. MEXC suspended its services for users in India with effect from 28 February 2026, and paused new India registrations from 15 January 2026, as part of its stated process of registering with the Financial Intelligence Unit India (FIU-IND). As of June 2026 trading, deposits, and other services are not available to India users.
Why did MEXC suspend services in India?
MEXC said it suspended India services as part of its process of registering with the Financial Intelligence Unit India (FIU-IND) under the Prevention of Money Laundering Act, choosing a voluntary suspension to avoid the risk of non compliance while registration is pending. This is current as of June 2026.
Is MEXC registered with FIU-IND?
As of June 2026, MEXC is not confirmed as registered with the Financial Intelligence Unit India (FIU-IND). MEXC has said it is working through the registration process. Confirm the current status on the FIU-IND list and MEXC official channels before acting.
Which exchanges are available in India instead?
Platforms registered with FIU-IND and serving India include Binance, among domestic and international providers on the FIU list. See the best exchanges in India page for the current view. Confirm registration and availability before acting.
How is crypto taxed in India?
India applies a flat 30 percent tax on gains from virtual digital assets and a 1 percent tax deducted at source on transfers, administered by the Income Tax Department. See the India crypto tax page. This is general information, not tax advice.
Rules change frequently. Exchange availability and registration status in India can change quickly, and a suspension can be lifted if registration completes. The position on this page is dated June 2026 and was last reviewed on June 20, 2026. Confirm the current status with MEXC and the Financial Intelligence Unit India before you act.
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