Things traders need to know about MEXC delete account

Things traders need to know about MEXC delete account

The MEXC delete account can be an important decision in your investment journey. Let's follow the last article MCrypto to understand more deeply!

Your MEXC delete account can be an important decision in your investment journey. There are many reasons why you need to do that. In this article, MCrypto will provide some information about account deletion. At the same time, the article offers some notes that traders can refer to before proceeding. 

Things to do before your MEXC delete account

Before you decide on your MEXC delete account, take some important steps. This is to ensure you don’t get stuck later:

  • Check Account Balance: Check there is no outstanding balance or unfinished transaction orders. Be sure to withdraw or transfer all account balances before deleting.
  • Withdraw to Foreign Wallet: If you want to continue trading or storing your crypto assets, withdraw to your foreign wallet. This ensures you do not lose control of your assets after deleting your account on MEXC.
  • Relevant Transaction Storage: If necessary, back up transaction information and account history. This is so you can track your trading activity later.
  • Be Sure About the Decision: Make sure that the MEXC delete account decision is sound and has been thoroughly considered. Once your account is deleted, you may lose access irrevocably.
Things to do before your MEXC delete account
Things to do before your MEXC delete account

>>See more: Trade efficiently and securely with MEXC Futures

Is it possible to perform an MEXC delete account on the official site?

This may be true for many other virtual currency exchanges. But when we look at MEXC from the beginning, we will notice that MEXC does not provide a form or direct option to delete user accounts on their official site. Therefore, users will not be able to perform how to delete MEXC account using the usual method.

Simply put, you have only one option when you want to terminate your account on MEXC. That is to keep the account intact. This may lead to some questions about the privacy and security of information. You may be required to take additional steps or follow specific instructions from MEXC. To ensure the safety and security of your account in case you want to keep it intact.

At MEXC, when creating an account and authenticating, you take a photo of your passport, driver’s license, etc. Then submit it to the manager. So, if you are worried about information leaks, you should understand that not monitoring your account is a very dangerous situation. It is a fact that many people believe that leaving unattended is very dangerous. Because they are afraid that there will be a risk of being hacked.

Terminate your account on MEXC
Terminate your account on MEXC

Cause of account deletion on MEXC

Prohibited regulations are also mentioned on the official MEXC page. If you violate any restrictions, your account may be deleted by MEXC :

Unauthorized use of another user’s account

Unauthorized use of another user’s account is strictly prohibited. This is a violation of MEXC regulations. When this violation is discovered, the violator’s account will be frozen. Along with that, they face the risk of not being able to create new accounts on this exchange. This results in loss of access to profits and assets in the account. At the same time, it can also cause legal consequences.

Report false information

Reporting false information is a dangerous practice and is not accepted on MEXC. The registration process requires verification of the registrant’s identity and address. Done through checking and reviewing identification documents. If you use someone else’s documents instead of your own during the registration process, your account will be frozen. You may face legal and financial consequences related to this.

Cause of account deletion on MEXC
Cause of account deletion on MEXC

Impersonate someone else

Impersonate another person and perform false activities related to MEXC’s executive team. Creating fake websites is a serious act. This is a serious violation of MEXC regulations. In this case, your MEXC delete account was investigated for this.

Use tools to hack automatic transactions

Use tools or programs to hack automated trading. This includes BOT or similar bypass programs to collect MEXC token. This is a violation of the basic principles of the MEXC exchange. This behavior is not acceptable and when detected, the violator’s account will be frozen. This highlights the seriousness of improper interference in MEXC’s trading system. At the same time, the above actions can completely lead to legal consequences.

Is it possible to create a MEXC account after deletion?

You may be wondering if after your  MEXC delete account, is it possible to create a new account. The answer is yes. You still have the ability to re-register your account after deleting it. However, it is important to note that this process will have to be done from scratch. Just like when you signed up for an account for the first time.

When you decide to re-register, you will have to comply with all regulations and procedures required by MEXC for the new account registration process. This may include verifying your identity and address and providing necessary personal information. You must carry out any checks or verifications required by MEXC.

Remember that the process of re-registering an account after deleting it can take time and effort. But it is completely possible if you want to return and use MEXC services after previously closing your account.

Is it possible to create a MEXC account after deletion?
Is it possible to create a MEXC account after deletion?

>>See more: MEXC account creation is detailed and simple for the beginner

Conclude

MEXC delete account is a step that cannot be performed on the exchange’s website. However, users may have their accounts deleted if they violate the exchange’s regulations. Hopefully, with information from MCrypto, users can understand better and avoid unfortunate violations. 

FAQ

MEXC has no registered operations in the US. Furthermore, up to now, US authorities have not yet recognized or licensed any foreign cryptocurrency exchanges. There is no specific law on trading and using cryptocurrencies in the US. Users in the US still can register and make transactions on MEXC Global. However, it should be noted that in the event of a dispute, US law does not protect users participating in this transaction.

To protect your MEXC account, you should use a strong password. Enable two-factor verification (2FA). Do not share your personal login information with anyone else. Be wary of fake emails and websites that attempt to phish for login information.

Regulations on identity verification often depend on the country and MEXC rules. Some countries require identity verification for transactions. While others may allow partial transactions without verification.

If you do not have a MEXC trading account, please register here:

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