MEXC France: withdraw by 5 March 2027

The exchange MEXC is winding down its service for customers in France. According to Finance Magnates (6 November 2026), the first of four groups enters the wind-down on 18 November 2026, the other groups follow on 10 December, 31 December and 22 January 2027, and withdrawals close on 5 March 2027 at 00:00. At the time of writing, on 10 November 2026, that is 8 days until the first date and 115 days until withdrawals end.

MEXC in France in short

• What is happening: MEXC is sorting French customers into four groups, based on their account and identity details. Each group has its own start date for the wind-down.
• The dates: 18 November 2026, 10 December 2026, 31 December 2026 and 22 January 2027 (Finance Magnates). PrimeXBT gives the last chance to act for each group as 17 November, 9 December, 30 December and 21 January, each at 23:59 (UTC+1); that is the same cut-off, seen as midnight.
• Open positions: on 22 January 2027 at 00:00, MEXC automatically closes any remaining positions. According to MEXC’s FAQ, closing and settlement can lead to losses or costs (via PrimeXBT).
• Withdrawal only: from 25 January 2027, all affected accounts can only be used to withdraw. On 5 March 2027 at 00:00, withdrawals close.
• What happens to a balance afterwards: according to both sources, funds still held at MEXC by then go to a regulated custodian. They do not say which one.
• The catch: nothing moves automatically. MEXC refers French customers to Kraken, but accounts, balances and positions are not transferred.

Which dates apply to you?

MEXC emails each customer the group they fall into. Which customer is in which group is not stated in any source we opened. So look for the email from MEXC or check your account; the table shows what changes on each date.

Note the last row: the cut-off is midnight at the start of 5 March. If you try to withdraw on 5 March, you are too late. So treat 4 March as the last day, and preferably go much earlier, because a withdrawal can be delayed by checks or a busy blockchain.

What exactly is known

Finance Magnates writes that MEXC describes the shutdown as a result of ‘regulatory alignment’. The company does not say which rule it means, and we draw no conclusions from it. MEXC has previously wound down its service for Dutch customers as well; see our article on MEXC in the Netherlands.

The sources agree on the dates, the four groups and the custodian, and differ only in how they state the cut-off (18 November 00:00 versus 17 November 23:59). We could not see MEXC’s own announcement from our environment: the announcements page showed no post about France and two MEXC news pages returned an error. That is why we write ‘according to’ next to the facts.

This is the second report in a short time about MEXC in Europe. On 8 November we wrote about the FinCEN order against MEXC; that concerns US money flows and is separate from the wind-down in France.

Where can you go?

Finance Magnates reports that MEXC refers French customers to Kraken. According to the same report, Kraken provides its crypto services in France through Payward Europe Solutions Limited, which is authorised under MiCA in Ireland and listed as permitted by the French regulator AMF. In the ESMA register (as of 5 November 2026, as we display it), this entity appears with an authorisation from the Central Bank of Ireland, since 25 June 2025.

An authorisation says something about supervision, not about costs or quality. You are not obliged to go to Kraken: any provider with an authorisation in the register will do. Check who is listed in our overview of MiCA authorisations, and read our Kraken reviews to see how that exchange works. Costs and terms can change; check them with the provider itself.

What does this mean for you as a European investor?

If you have a MEXC account in France. Find the email from MEXC and see which group you are in. Start well before that date, not on it. If you have open positions, such as futures, close them yourself at a moment of your choosing. If you leave them open, MEXC closes them automatically on 22 January 2027, according to the sources, with possible losses or costs.

How to move safely. First create the account with the new provider and complete the identity check; that can take days. Then send a small amount first and check the address and the network twice, because a wrong address cannot be reversed. If you would rather hold your own crypto, read how to choose a crypto wallet.

Outside France. In the sources we found no separate arrangement for countries other than France and the Netherlands. If you have a MEXC account elsewhere in the EU, check your account and your email yourself.

Tax. For many people, moving to your own wallet or another exchange is not a sale, but that depends on your country and on what you do along the way (swapping or selling can be taxable). See crypto tax in Europe.

Spotting scams. When a company shuts down, scammers try to take its place, with fake emails about ‘your funds’. Do not open any link in a message you did not expect, and go to the official site or app yourself. Never share a seed phrase or password.

What is not certain yet

• Which group you are in. That is in MEXC’s email. The sources only indicate that the allocation is based on account and identity details.
• The exact cut-off for each group. Finance Magnates gives the start date (18 November), PrimeXBT the last day (17 November, 23:59). We assume it is the same cut-off, but without MEXC’s own announcement that cannot be confirmed.
• Who the custodian is and how, as a customer, you can claim your funds after 5 March 2027. The sources say this will be announced later.
• How many customers are affected. This has not been published.
• The official source. MEXC’s own announcement could not be opened from our environment. The facts come from Finance Magnates (6 November 2026) and PrimeXBT (28 October 2026, citing The Defiant).

This article is not investment advice. Crypto can lose a lot of value and you could lose your entire investment.

Frequently asked questions

Is MEXC shutting down in France?

Yes, according to Finance Magnates (6 November 2026) and PrimeXBT (28 October 2026). The wind-down starts on 18 November 2026 and withdrawals close on 5 March 2027 at 00:00.

Until when can I withdraw from MEXC in France?

Until 5 March 2027 at 00:00, according to both sources. That makes 4 March the last full day. Do not wait until the last minute.

Will my MEXC account be transferred to Kraken?

No. MEXC refers French customers to Kraken, but you open an account there yourself, complete the identity check and move your crypto yourself.

What happens to my open positions?

On 22 January 2027 at 00:00, MEXC automatically closes any remaining positions. According to MEXC’s FAQ, that can lead to losses or costs. It is better to close them yourself beforehand.

How do I check whether another exchange has an authorisation?

Look up the name in the ESMA register or in our overview of MiCA authorisations.

Sources

Read on 10 November 2026.

• Finance Magnates: MEXC Refers French Clients to Kraken as Its EU Retreat Widens (6 November 2026)
• PrimeXBT: MEXC Sets France Exit Schedule as Brazil Licensing Deadline Nears (28 October 2026)
• ESMA register of crypto-asset service providers, as of 5 November 2026, via Cryptocode
• Cryptocode: MEXC stops in the Netherlands (27 October 2026)
• Cryptocode: MEXC and the FinCEN order (8 November 2026)