Vienna, Austria — August 21, 2026 — Bybit EU, headquartered in Vienna and operating under a MiCAR licence granted by Austria's Financial Market Authority (FMA), has been selected as a recommended alternative for MEXC users based in the Netherlands. This shift follows MEXC's cease of operations in the Netherlands in compliance with European regulatory requirements.
"We're pleased to welcome Dutch users who are looking for a regulated, compliant platform to continue their crypto journey," said Nazar Tymoshchuk, Regional Country Manager at Bybit. "The MiCAR framework exists to protect European users, and we're committed to providing a secure, seamless experience for everyone transitioning to Bybit EU."
MEXC has announced it will no longer serve users in the Netherlands due to the implementation of the Markets in Crypto-Assets Regulation (MiCAR), which requires all crypto-asset service providers operating in the EU to hold appropriate authorisation.
“Partnering with Bybit represents an important step in ensuring a secure, compliant, and seamless transition for our users. said Robert MacDonald, Chief Compliance Officer at MEXC. "Bybit's strong regulatory framework and commitment to user protection give us confidence that our users will continue to receive reliable services and a high standard of care throughout the transition.”
MEXC users in the Netherlands will receive direct communication from MEXC with guidance on next steps and timelines. Those who choose to move to Bybit EU will need to create and verify a new account independently - no accounts or assets will be automatically migrated.
Users are encouraged to complete their transition by October 31, 2026, with final offboarding from MEXC set for November 16, 2026.
Bybit EU operates under a MiCAR authorisation granted by the Austrian Financial Market Authority (FMA) since May 2025. The platform segregates user funds from company assets as required by regulation, supports EUR top-ups and withdrawals via SEPA and iDEAL, and offers 115+ tokens across 135 trading pairs in both USDC and EUR. The platform is available in Dutch.
To support users through the transition, Bybit EU is offering a welcome package for eligible new registrants, including bonus rewards, preferential trading fees, and cashback on the Bybit Card. Full details and terms will be available on the dedicated landing page.
A dedicated landing page is available for Dutch users with step-by-step guidance, FAQs, and links to customer support.
Users can also join the Dutch-language Bybit community for transfer support:
Telegram: https://t.me/Bybit_NL
X (Twitter): https://x.com/BybitNL
Bybit EU GmbH is an Austrian Crypto-Asset Service Provider (CASP) authorised under the Markets in Crypto-Assets Regulation (MiCAR) in Austria. Bybit EU serves customers across the entire European Economic Area (EEA) - with the exception of Malta - via the bybit.eu platform.
Bybit EU GmbH is authorised to offer the following services:
- custody and administration of crypto-assets on behalf of clients;
- exchange of crypto-assets for funds
- exchange of crypto-assets for other crypto-assets
- placing of crypto-assets; and
- transfer services for crypto-assets on behalf of clients.
Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.
Media Contact: press@bybit.eu
www.bybit.eu
Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. Investing in crypto-assets is associated with risks, including high volatility and the potential loss of capital. Inform yourself thoroughly about the risks before making an investment decision. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions.