What Are T+1 and T+2 Withdrawal Limits on MEXC P2P?
To enhance user protection and support the integrity of the P2P ecosystem, MEXC has implemented T+1 and T+2 withdrawal rules for users from specific countries. These restrictions help mitigate risks associated with fraud, chargebacks, and fund abuse by introducing a temporary holding period for crypto assets purchased via P2P.
What Are T+1 and T+2 Rules?
- T+1: Crypto assets acquired via P2P remain non-withdrawable and cannot be used for P2P selling for 24 hours from the time of purchase.
- T+2: Crypto assets remain non-withdrawable and restricted from P2P selling for 48–72 hours, depending on risk level and local compliance requirements.
This restriction applies only to the crypto acquired through P2P during the lock period. Users can continue to trade freely on other products (Spot, Futures, Margin, etc.) during this time.
Benefits of T+1 / T+2 Withdrawal Limits
The T+N logic is designed to:
- Protect users by preventing the withdrawal of crypto purchased with potentially fraudulent fiat transfers.
- Reduce platform abuse, including chargebacks and fake bank receipts.
- Mitigate risk of bank account freezes due to suspicious fund movements.
- Support AML compliance, particularly in high-risk jurisdictions.
- Preserve liquidity and trust in MEXC’s P2P system.
By holding assets temporarily, MEXC ensures all parties in a trade are better protected, while regulatory requirements are properly followed.
Who Is Affected?
T+1 and T+2 logic is applied based on the user’s country of registration and verification, not the fiat currency used in the transaction.
This means:
- If you're located in a country classified as high-risk by our internal compliance systems, your P2P purchase may be subject to a T+1 or T+2 restriction.
- The withdrawal timer begins immediately after the P2P order is marked “Completed.”
The list of affected countries is maintained by MEXC’s risk control team and updated regularly. You may see a notification during or after your trade if a restriction applies.
T+1 Restriction (24 hours) applies to users from:
- Pakistan
T+2 Restriction (48–72 hours) applies to users from:
- Yemen
- Uganda
- Tunisia
- Somalia
- Panama
- Nicaragua
- Mauritius
- Myanmar
- Montenegro
- Libya
- Lebanon
- Israel
- Equatorial Guinea
- Botswana
- Bolivia
- Burundi
- Barbados
- Afghanistan
This list may be updated based on ongoing compliance and risk monitoring. MEXC reserves the right to adjust restrictions as needed without prior notice.
Who Do These Rules Apply To?
- Applies to non-P2P merchant users who complete a Buy order on the P2P platform and are verified in one of the affected countries.
- Does not affect trading functionality (Spot, Futures, Margin).
- May not apply to verified P2P merchants, depending on individual risk tier and internal policy.