Updated Rules checked 2026-10-12
Which countries can’t use a crypto exchange depends on the “restricted locations” list in each exchange’s terms of use. I compared the current terms of 13 exchanges one by one, and the US is the only region all 13 list: 12 don’t serve it at all, and OKX restricts parts of the US and all US territories. Next come Singapore (11 exchanges don’t serve it, and OKX doesn’t offer derivatives there), Hong Kong (10) and Canada (10 don’t serve it at all, and 2 more restrict only certain provinces). Gate has the most restrictions, listing 13 of the 16 regions covered here as not served. Binance and XT have the shortest lists, with only 9 countries or regions each.
For Southeast Asia and Latin America, Gate is the only exchange whose terms mention the Philippines, Vietnam or Indonesia. Mexico doesn’t appear on any exchange’s list, and in Brazil only OKX restricts futures and P2P. Not being listed doesn’t mean you can use an exchange, though: Thailand’s SEC blocked OKX, Bybit and XT in 2025, and the Philippine SEC has named OKX, Bybit, KuCoin, MEXC and Bitget, yet the terms of these exchanges don’t mention Thailand or the Philippines, respectively.
Below, one table first compares the 13 exchanges across 16 regions. After that I count how many exchanges list each region, summarize regulatory blocks that go beyond the terms, and go through each exchange’s restricted list and terms version date. The last sections explain why exchanges restrict regions and what the terms say happens if you get around the restrictions.
Key points: all 13 exchanges restrict the US in their terms. 12 don’t serve it at all, while OKX restricts parts of the US and all US territories. The regions listed by the most exchanges are, in order, the US (13), Singapore (11 not served, 1 partial), Canada (10 not served, 2 restricting certain provinces) and Hong Kong (10). Gate’s 2026-07-22 User Agreement has the longest restricted list, marking 13 of the 16 regions in this article as not served, including the Philippines, Vietnam, Indonesia, Thailand and South Korea. Mexico isn’t on any exchange’s restricted list, and for Brazil only OKX restricts futures and P2P services. Not being listed doesn’t mean you can use an exchange: since 2025-06-28, Thailand’s SEC has blocked OKX, Bybit and XT, and none of the three lists Thailand in its terms.
The information below was checked against official pages on 2026-10-17 (data check date) and is shared for reference.
Crypto exchange restricted countries: 13 exchanges × 16 regions
The table only records how the terms themselves list each region. “✕” means the terms list it as not served or prohibited. “△” means a partial restriction: only certain states or provinces, or only certain products (such as futures or P2P). “—” means the terms don’t list the region; it doesn’t mean you can use the exchange there, and it doesn’t mean the activity is allowed locally. In the EU column, ✕ means the terms list every member state and △ means they list only some of them. The last column is the version date of the terms I read, linked to the original text.
| Exchange | US | UK | Canada | Japan | Hong Kong | Singapore | Malaysia | Philippines | Thailand | India | South Korea | Mexico | Brazil | Vietnam | Indonesia | EU | Terms version |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Binance | ✕ | — | ✕ | — | — | — | — | — | — | — | — | — | — | — | — | △ | 2026-01-05 |
| OKX | △ | △ | ✕ | ✕ | ✕ | △ | ✕ | — | — | ✕ | △ | — | △ | — | — | — | 2026-07-08 |
| Bybit | ✕ | — | ✕ | △ | ✕ | ✕ | — | — | — | — | — | — | — | — | — | △ | 2026-10-16 |
| Bitget | ✕ | — | ✕ | ✕ | ✕ | ✕ | ✕ | — | ✕ | — | — | — | — | — | — | △ | 2026-10-16 |
| MEXC | ✕ | ✕ | ✕ | — | ✕ | ✕ | ✕ | — | — | — | — | — | — | — | — | — | 2026-10-13 |
| Gate | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | — | — | ✕ | ✕ | △ | 2026-07-22 |
| BingX | ✕ | ✕ | ✕ | — | ✕ | ✕ | — | — | — | — | — | — | — | — | — | △ | 2023-12-11 |
| KuCoin | ✕ | — | △ | — | ✕ | ✕ | ✕ | — | — | — | — | — | — | — | — | △ | 2026-09-29 |
| HTX | ✕ | ✕ | — | — | ✕ | ✕ | — | — | — | — | — | — | — | — | — | ✕ | September 2026 |
| XT | ✕ | — | ✕ | — | — | ✕ | — | — | — | — | — | — | — | — | — | — | 2026-01-13 |
| WEEX | ✕ | — | ✕ | — | ✕ | ✕ | — | — | — | — | ✕ | — | — | — | — | — | 2026-07-07 |
| Pionex | ✕ | ✕ | ✕ | — | ✕ | ✕ | — | — | — | — | — | — | — | — | — | △ | 2024-07-09 |
| Ourbit | ✕ | — | △ | — | — | ✕ | — | — | — | — | — | — | — | — | — | △ | 2026-05-30 |
What the △ entries mean: OKX restricts parts of the US and all US territories; in the UK it restricts futures, CeFi-related and P2P services, in South Korea and Brazil it restricts futures and P2P, and in Singapore it doesn’t support derivatives. For Bybit, a 2026-07-24 announcement says Japan keeps only instant swaps (Convert), crypto withdrawals and fiat withdrawals, and a 2026-06-29 announcement says some services for residents of the European Economic Area are being restricted step by step. KuCoin restricts the Canadian provinces of Ontario and British Columbia, and Ourbit restricts Ontario. The remaining EU △ entries mean the terms list only some member states; which ones each exchange lists is given in the exchange sections below.
Which countries are restricted by the most exchanges? 16 regions counted
Adding up each column of the table above shows how many exchanges list each region. I counted these from the original terms; they are not official statistics.
| Region | ✕ Not served | △ Partly restricted | Exchanges that list it |
|---|---|---|---|
| US | 12 | 1 | Binance, Bybit, Bitget, MEXC, Gate, BingX, KuCoin, HTX, XT, WEEX, Pionex, Ourbit; partial: OKX |
| UK | 5 | 1 | MEXC, Gate, BingX, HTX, Pionex; partial: OKX |
| Canada | 10 | 2 | Binance, OKX, Bybit, Bitget, MEXC, Gate, BingX, XT, WEEX, Pionex; partial: KuCoin, Ourbit |
| Japan | 3 | 1 | OKX, Bitget, Gate; partial: Bybit |
| Hong Kong | 10 | 0 | OKX, Bybit, Bitget, MEXC, Gate, BingX, KuCoin, HTX, WEEX, Pionex |
| Singapore | 11 | 1 | Bybit, Bitget, MEXC, Gate, BingX, KuCoin, HTX, XT, WEEX, Pionex, Ourbit; partial: OKX |
| Malaysia | 5 | 0 | OKX, Bitget, MEXC, Gate, KuCoin |
| Philippines | 1 | 0 | Gate |
| Thailand | 2 | 0 | Bitget, Gate |
| India | 2 | 0 | OKX, Gate |
| South Korea | 2 | 1 | Gate, WEEX; partial: OKX |
| Mexico | 0 | 0 | None of the 13 exchanges list it |
| Brazil | 0 | 1 | None; partial: OKX |
| Vietnam | 1 | 0 | Gate |
| Indonesia | 1 | 0 | Gate |
| EU | 1 | 8 | HTX; partial: Binance, Bybit, Bitget, Gate, BingX, KuCoin, Pionex, Ourbit |
Looked at by exchange instead: Gate marks 13 of the 16 regions ✕ (plus △ for the EU), the widest coverage of any exchange. Next are Bitget with 7, MEXC with 6, and OKX with 5 ✕ plus 5 △. BingX, HTX, WEEX and Pionex have 5 each, Bybit and KuCoin 4 each, XT 3, and Binance and Ourbit 2 each. A short list doesn’t mean an exchange is more lenient: Binance’s prohibited list also covers US citizens wherever they live (see the Binance section below).
Version dates are easy to overlook. Pionex’s terms of service took effect on 2024-07-09, and BingX’s disclaimer is the 2023-12-11 version, all older than the rest. Every set of terms says the list can change, so before you sign up or deposit, it’s worth opening the original text and checking again yourself.
Can you use an exchange if your country isn’t listed? Regulator blocks and warnings
Not necessarily. An exchange’s restricted list covers the regions it has decided not to serve; local regulators can separately block websites, order apps removed from app stores or issue warnings. For most of the actions below, the targeted exchanges’ terms don’t list that country, so the table shows “—”. A fuller record of regulatory actions is in the exchange safety record.
| Region | Regulatory action | Exchanges involved | Do these exchanges’ terms list it? | Source |
|---|---|---|---|---|
| Thailand | The SEC announced on 2025-05-29 that it would block 5 unlicensed platforms from 06-28 | OKX, Bybit, XT and others | None of the three lists Thailand (Bitget and Gate do) | The Block |
| Philippines | Binance blocked in 2024; in August 2025 the SEC named 10 unregistered platforms, and telecom providers then blocked them | Binance; OKX, Bybit, KuCoin, MEXC, Bitget and others | None list the Philippines (only Gate does) | Decrypt, Cointelegraph |
| Japan | The Financial Services Agency (FSA) issued warnings for operating without registration; in February 2025 it asked Apple and Google to remove apps | Warnings: Binance, Bybit, MEXC, KuCoin, Bitget; app removals: Bybit, MEXC, KuCoin, Bitget and others | Bitget lists it; Bybit restricts it through a separate announcement; Binance, MEXC and KuCoin don’t list it | Japan FSA, The Defiant |
| Malaysia | On 2024-12-27 the Securities Commission ordered Bybit to disable its local website and app within 14 business days; Bybit complied | Bybit | Bybit’s platform terms don’t list Malaysia | Securities Commission Malaysia |
| India | On 2023-12-28 the Financial Intelligence Unit issued non-registration notices to 9 offshore platforms and asked for their URLs to be blocked | Binance, KuCoin, HTX (then Huobi), Gate, MEXC and others | Gate lists it; the other four don’t | The Statesman |
These were the announcements at the time; how each exchange has handled them since, and the local situation, may have changed. They are listed here to show that the terms lists and regulatory actions need to be read separately. Thailand’s SEC also reminded users at the time to deal with their assets before the block date. If you’re in a similar situation, withdrawing your assets to a place you control first is easier than sorting things out after the block.
Binance restricted countries: where can’t you use Binance?
Section 2.1 of Binance’s Terms of Use (ADGM version, effective 2026-07-21) makes “not being on the list of prohibited countries” a condition for registering. The list of prohibited countries (updated 2026-01-05) has three groups:
- US: you can’t use Binance if you are located, incorporated, resident, a citizen or operating in the US. In other words, US citizens living abroad can’t use it either.
- Canada and the Netherlands: if you are located, incorporated or resident there.
- Cuba, North Korea, Iran, Crimea, and the so-called Donetsk People’s Republic and Luhansk People’s Republic.
Section 25.5 of the Terms of Use adds that Binance services may be fully or partly restricted in some countries and that the list may not be complete. You may not be able to use Binance while traveling in a listed region, and the terms also prohibit changing your IP address with a VPN or other means to get around the restrictions. The Binance referral program has its own regional restrictions, covered in the Binance referral code guide.
OKX restricted countries: which regions does OKX restrict?
The “Restricted Locations” in the OKX Risk and Compliance Disclosure (updated 2026-07-08) are Afghanistan, Canada, Cuba, El Salvador, Hong Kong, Iran, India, Japan, Malaysia, Nepal, North Korea, Syria, the Crimea, Donetsk and Luhansk regions of Ukraine, parts of the US (including all territories such as Puerto Rico, American Samoa, Guam, the Northern Mariana Islands and the US Virgin Islands), and Uzbekistan. El Salvador appears in the Chinese, Spanish and several other language versions of the page, but the English page doesn’t list it yet; the Singapore note in the next paragraph currently appears only in the Chinese versions.
The same page lists partial service restrictions: Australia (futures and CeFi-related services), the Bahamas (retail products), Brazil (futures and P2P), Eritrea (P2P), Russia (fiat payments), Singapore (sign-up, deposits, withdrawals and trading are supported, but derivatives are not), South Korea (futures and P2P) and the UK (futures, CeFi-related and P2P). In Hong Kong, OKX withdrew its license application in 2024 and stopped offering centralized trading services to Hong Kong residents from May 31. For the referral code and how to sign up, see the OKX referral code guide.
Bybit restricted countries: where can’t you use Bybit?
The Service Restricted Countries page in the Bybit Help Center (updated 2026-10-16) cites Section 11.3 of the Bybit Platform Terms. The regions Bybit doesn’t serve are the US, mainland China, Hong Kong, Singapore, Canada, North Korea, Cuba, Iran, Uzbekistan, the Crimea region of Ukraine (including Sevastopol), the non-government-controlled areas of Ukraine’s Donetsk, Luhansk, Kherson and Zaporizhzhia regions, Sudan and Syria; Dubai applies only to Bybit’s UAE operating entity (Bybit Virtual Asset Platform Operator LLC). Individuals in Seychelles are also restricted, except for international business companies incorporated under the country’s 2016 act.
Beyond the terms list, Bybit has published separate announcements. The 2026-07-24 announcement says users in Japan keep only instant swaps (Convert, into BTC, ETH or USDC only), crypto withdrawals and fiat withdrawals. The 2026-06-29 announcement says some services on Bybit’s global site will be gradually restricted for residents of the European Economic Area. In Malaysia, the Securities Commission ordered Bybit in 2024 to disable its local website and app. The UK doesn’t appear on this not-served list; it only appears where the terms refer to sanctions lists. For Bybit’s rebate option, see Bybit fee rebates.
Bitget restricted countries: where can’t you use Bitget?
The Bitget Terms of Use (updated 2026-10-16) define “Prohibited Countries” in the definitions section: Austria, Belarus, Canada, Crimea, Cuba, Donetsk, France, Germany, Hong Kong, Iran, Japan, Kazakhstan, Luhansk, Malaysia, North Korea, Russia, Singapore, Sudan, the US (including Puerto Rico, Guam, the US Virgin Islands, American Samoa, the Northern Mariana Islands and the US Minor Outlying Islands), Iraq, Libya, Yemen, Afghanistan, the Central African Republic, the Democratic Republic of the Congo, Guinea-Bissau, Haiti, Lebanon, Somalia, South Sudan and Thailand.
Section 8.6 states that residents of some countries can use only some services. If you travel to a prohibited country, you may be blocked, which affects trading and viewing your orders and positions, and you may not get around this by any means, including a VPN. For how to sign up, see the Bitget referral code guide.
Can you use MEXC in the US? MEXC restricted countries
No. Under item 1 of “PROHIBITED JURISDICTION” in the MEXC Terms of Use (updated 2026-10-13), the regions where MEXC provides no services and accepts no registrations are North Korea, Cuba, Sudan, Iran, mainland China, Singapore, Malaysia, the US, the UK, Hong Kong, Kazakhstan, the Russian-controlled regions of Ukraine (currently including Crimea, Donetsk, Luhansk, Zaporizhzhia, Kherson and Sevastopol), Canada, and countries or regions under comprehensive economic or trade sanctions by the EU or the US OFAC, or on the Financial Action Task Force (FATF) “blacklist”. The terms state that the list is not exhaustive and may change at any time.
MEXC updated these terms on 2026-10-13, replacing the 2025-05-29 version. Section 6 also notes that some products and features may not be available in every region. For how to sign up, see the MEXC referral code guide.
Gate restricted countries: which countries does Gate restrict?
The “Restricted Locations” in Section 2.5 of the Gate User Agreement (updated 2026-07-22) form the longest list among the 13 exchanges: the US, mainland China, Singapore, Canada, France, Germany, Hong Kong, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Crimea, Spain, Luhansk, Donetsk, the Netherlands, the UK, Myanmar, Venezuela, Uzbekistan, Austria, India, Indonesia, Japan, Argentina, Cambodia, the United Arab Emirates, Thailand, South Korea, the Philippines, Pakistan, Vietnam, Russia and others.
The agreement states that the list is not exhaustive and that Gate can change it without separate notice. Section 4 also says margin trading, lending and perpetual futures are not available in prohibited regions. Among Latin American countries, only Gate lists Argentina, while Venezuela is also listed by HTX, XT and WEEX. For how to sign up, see the Gate referral code guide.
BingX restricted countries: where can’t you use BingX?
Section 3 of the BingX Disclaimer (updated 2023-12-11) states that BingX doesn’t solicit or accept customers from the following regions: Afghanistan, Burundi, Cambodia, Canada, the Central African Republic, mainland China, Cuba, the Democratic Republic of the Congo, Hong Kong, Iran, Laos, Macau, Myanmar, the Netherlands, North Korea, Panama, Singapore, Somalia, the UK, the US (including all territories and the Minor Outlying Islands), and the Crimea, Donetsk and Luhansk regions of Ukraine.
BingX’s customer agreement refers to this list, and the disclaimer also says the list can change and may differ by service. BingX is the only one of the 13 exchanges that lists Panama. For how to sign up, see the BingX referral code guide.
KuCoin restricted countries: where can’t you use KuCoin?
The “Restricted Locations” in Section 17 of the KuCoin Terms of Use (updated 2026-09-29) are the US (including territories such as Puerto Rico and Guam), Singapore, mainland China and Hong Kong, Malaysia, Kazakhstan, Uzbekistan, the Canadian provinces of Ontario and British Columbia, France, the Netherlands, and the Crimea, Donetsk, Luhansk, Zaporizhzhia and Kherson regions of Ukraine.
Section 49A states that the platform can restrict access by IP address, that being in a restricted region may affect placing orders, positions and account functions, and that using proxy servers, VPNs or IP-masking tools to get around this is prohibited. After KuCoin’s operating entities pleaded guilty in the US in 2025, they also committed to exit the US market for at least two years. For how to sign up, see the KuCoin referral code guide.
HTX restricted countries: which regions does HTX restrict?
Section 1.2 of the HTX Platform User Agreement (updated September 2026) has two tiers. Regions where all services are prohibited: mainland China, the US, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Hong Kong, the UK, Singapore, Myanmar, Crimea, Donetsk, Luhansk, Kherson, Zaporizhzhia, Sevastopol, Russia, and all EU member states. Regions where derivatives trading is prohibited include Israel, Iraq, Bangladesh, Bolivia, Ecuador, Kyrgyzstan and New Zealand, among others.
HTX is the only one of the 13 exchanges that lists every EU member state as not served, while Canada isn’t on its list at all. The agreement also states that users may not be notified when the list changes. For how to sign up, see the HTX referral code guide.
XT restricted countries: where can’t you use XT?
Section 3.3.4 of the XT.COM User Agreement (last edited in the help center on 2026-01-13) prohibits users located in the US, Canada, mainland China, Cuba, North Korea, Singapore, Sudan, Venezuela and Crimea from using the services. The agreement notes that the list is not exhaustive and that XT can change it at any time without notifying users individually. For the block in Thailand, see the regulatory table above. For how to sign up, see the XT referral code guide.
WEEX restricted countries: where can’t you use WEEX?
The “Excluded Jurisdictions” in Section 1.1(d)(ii) of the WEEX Terms of Use (updated 2026-07-07) are Canada, South Korea, the US (including territories), mainland China, Hong Kong, Singapore, the United Arab Emirates, North Korea, Cuba, Iran, Sudan, Belarus, Russia and the Russian-controlled regions of Ukraine, Somalia, Myanmar and Venezuela. Residents of these regions can’t open an account or use WEEX’s services. Apart from Gate, WEEX is the only one of the 13 exchanges that lists South Korea as not served. For how to sign up, see the WEEX referral code guide.
Pionex restricted countries: where can’t you use Pionex?
The eligibility section of the Pionex Terms of Service (effective 2024-07-09) states that users may not be located in, controlled from, or be nationals or residents of mainland China, Hong Kong, the US, Singapore, Afghanistan, Cuba, Iran, North Korea, Syria, the UK, Canada, the Netherlands, Spain or France. The terms also include an important notice that Pionex’s products and services are not offered to individual or institutional users in Hong Kong.
Like Binance, Pionex counts nationality too, not just place of residence. The terms also state that if a region is added to the restrictions later, Pionex can suspend accounts and block trading immediately. For how to sign up, see the Pionex referral code guide.
Ourbit restricted countries: where can’t you use Ourbit?
Under item 1 of “PROHIBITED COUNTRIES” in the Ourbit User Agreement (updated 2026-05-30), the regions Ourbit doesn’t serve are the US, China, Singapore, North Korea, Cuba, Iran, Sudan, France, Germany, the Netherlands, Spain, Italy, Austria, Portugal, the Canadian province of Ontario, and the Russian-controlled regions of Ukraine (currently including Crimea, Donetsk and Luhansk). The terms say “China” and don’t list Hong Kong separately, so the Hong Kong column in the main table shows “—”.
The agreement also states that if a user misrepresents their location or residence, Ourbit can terminate the account and close positions immediately. Ourbit spot trading is currently fee-free, so there is no rebate on spot; other details are in the Ourbit referral code guide.
Why do exchanges restrict countries?
Judging from the terms, the restrictions come from roughly two sources. The first is sanctions: Cuba, Iran, North Korea, Syria, and regions such as Crimea, Donetsk and Luhansk are listed by almost every exchange, and the terms usually also exclude individuals and entities on the sanctions lists of the US Treasury’s Office of Foreign Assets Control (OFAC), the UN, the EU or the UK. The second is licensing and registration: the US, Singapore, Hong Kong, Japan, Canada and Malaysia have registration or licensing regimes for crypto trading platforms, and when an exchange doesn’t hold the local authorization, a common approach is to put that region on its restricted list. Bybit in Malaysia and KuCoin in the US are both cases where regulators or the courts acted first and the exchange then withdrew. Exchanges handle EU countries differently: some list only certain member states, while HTX lists all of them.
What happens if you use a VPN to get around restrictions? What the terms say
Most terms explicitly prohibit getting around regional restrictions, and they spell out the consequences:
- Binance Section 25.5 and Bitget Section 8.6: you may not get around the restrictions by any means, including changing your IP address with a VPN; while you are in a prohibited region, your account may not be usable.
- KuCoin Section 49A: using proxy servers, VPNs, IP-masking tools or any other method to hide your real location is prohibited; Section 51 states that the platform isn’t responsible for losses caused by regional restrictions, account restrictions or assets frozen by regulators.
- Ourbit “PROHIBITED COUNTRIES”: if you misrepresent your location or residence, Ourbit can terminate the account and close positions immediately.
- HTX and XT: users may not be notified when the restricted list changes, so you need to keep an eye on the latest version yourself.
The real risk is to your account and assets. KuCoin’s terms state that the platform can monitor and check users’ login locations and IP addresses. Users found to be in a restricted region may have their accounts limited to withdrawals only (as Bybit did for users in Japan, keeping only instant swaps and withdrawals), or even terminated. If you hold futures positions, be especially careful: when an account is restricted, you may not be able to adjust positions in time, and leveraged positions may be liquidated as a result. The same applies when you travel abroad. The terms of Binance, Bitget and KuCoin all warn that while you are in a restricted region, you may not be able to view or manage your positions.
Update log
- 2026-10-12: First published, covering the restricted regions in the terms of use of 13 exchanges and a comparison table for 16 regions; includes Bybit’s 2026-06-29 European Economic Area announcement, its 2026-07-24 Japan announcement, and the 2026-07-07 version of the WEEX Terms of Use.
FAQ
Which countries can’t use Binance?
According to the list of prohibited countries updated on 2026-01-05, Binance doesn’t serve the US, Canada, the Netherlands, Cuba, North Korea, Iran, Crimea, Donetsk or Luhansk. The US restriction is the broadest: even US citizens living abroad can’t use Binance. The terms also note that some services may be restricted in other countries.
Can you use Bybit in the Philippines, the UK or Malaysia?
Bybit’s not-served list (2026-10-16 version) doesn’t include these three countries, but not being listed doesn’t mean you can use it. The Philippine SEC named Bybit in August 2025, and telecom providers then blocked it; Malaysia’s Securities Commission ordered Bybit in 2024 to disable its local website and app; the UK appears only where the terms refer to sanctions lists. Whether you can actually open an account depends on the outcome of Bybit’s identity verification (KYC) review.
Which regions does OKX restrict?
The restricted locations in the 2026-07-08 version of OKX’s Risk and Compliance Disclosure include Canada, Hong Kong, India, Japan, Malaysia, Afghanistan, Nepal, Uzbekistan, El Salvador, and parts of the US along with all US territories. In addition, the UK, South Korea, Brazil, Australia, Singapore and some other places have only certain services restricted, such as futures and P2P.
Can you use MEXC in the US?
No. MEXC’s Terms of Use (2026-10-13 version) list the US as a region where MEXC provides no services and accepts no registrations. The same list also includes the UK, Canada, Singapore, Malaysia and Hong Kong.
If a country isn’t listed in the terms, can you use the exchange there?
Not necessarily. A terms list only covers the regions the exchange itself doesn’t serve. Local regulators can still block websites, order apps removed or issue warnings. For example, Thailand’s SEC blocked OKX, Bybit and XT in 2025, and none of the three lists Thailand in its terms. A “—” in this article only means the terms don’t mention the region, not that it’s allowed locally.
Can you use a VPN to get around regional restrictions?
The terms don’t allow it. The terms of Binance, Bitget and KuCoin all explicitly prohibit using a VPN or other means to hide your location, and Ourbit states that it can terminate the account and close positions if you misrepresent your location. If you’re found to be in a restricted region, your account may be restricted or terminated, and dealing with your assets gets harder.
What happens to your assets if you move to a restricted country?
Withdraw your assets first, following the exchange’s notice. The terms of WEEX and Ourbit both require users to notify the platform when they become residents of a restricted region. Past cases show Bybit kept withdrawals and instant swaps available in Japan, and Thailand’s SEC reminded users to deal with their assets before the block date.
Which exchange restricts the most countries?
Gate has the longest restricted list. Its 2026-07-22 User Agreement lists 35 countries and regions, and 13 of the 16 regions compared in this article are ✕. The shortest lists belong to Binance and XT, with only 9 countries or regions each.
Are Mexico, Brazil and Argentina restricted by exchanges?
Mexico isn’t on the restricted list of any of the 13 exchanges. For Brazil, only OKX restricts futures and P2P, and only Gate lists Argentina. Among other Latin American countries, Venezuela is listed by Gate, HTX, XT and WEEX, Panama is listed by BingX, El Salvador is listed by OKX, and HTX also prohibits derivatives trading in Bolivia and Ecuador.
Referral codes, sign-up steps and rebates for each exchange are collected in the exchange referral code overview, for example the Binance referral code, OKX referral code, Bitget referral code and Gate referral code; for Bybit’s rebate option, see Bybit fee rebates. Records of hacks, withdrawal suspensions and regulatory penalties are in the exchange safety record, reserve transparency is covered in the exchange proof of reserves comparison, and scams that impersonate exchanges are covered in common types of exchange scams.