MEXC Exits Dutch Market, Recommends Bybit EU for Local Users
Crypto exchange MEXC has announced it will be exiting the Dutch market, recommending Bybit EU as an alternative platform for local users.
This decision comes after MEXC selected Bybit EU as a replacement exchange for Dutch users in August. Bybit EU is licensed under the European Union's Markets in Crypto-Assets regulation (MiCA) and provides services in Europe as a crypto-asset service provider.
MEXC has stated that it will announce the timeline for ending its services in the Netherlands, along with procedures for transferring user assets, separately. This move aims to provide a smooth transition for users, who can transfer their assets to Bybit EU before MEXC's services cease.