Information only. The platforms below are not shown as exchange cards on CoinTrustRadar.com, carry no links and are not recommended. Status can change; always check the current register.
Exchanges not authorised under MiCA: register check
| Platform | In ESMA's register of authorised CASPs? | In ESMA's non-compliant entities file? |
|---|---|---|
| Binance | Not found | Not found |
| Bitget | Not found | Not found |
| MEXC | Not found | Yes: listed by the Dutch AFM, decision dated 16 September 2025 |
| HTX (formerly Huobi) | Not found | Not found under that name |
| Bitfinex | Not found | Not found |
| BitMart | Not found | Not found |
| LBank | Not found | Not found |
| Phemex | Not found | Not found |
Searched by brand name, legal name and website in ESMA's interim MiCA register files CASPS.csv and NCASP.csv, downloaded 24 October 2026. "Not found" means no matching entry under that name; a firm may use a different legal name, so check the register yourself.
The AFM entry for MEXC states that MEXC Global provides crypto-asset services in the Netherlands without the required MiCA licence, in breach of Article 59 of MiCA.
What "not authorised under MiCA" means
Since the transitional period ended on 1 July 2026 at the latest, providing crypto-asset services in the EU requires a MiCA authorisation.
A platform without one may not be allowed to serve EU residents, may have stopped doing so, or may operate in the EU through an entity with a different name.
For you as a user, the key point is protection: the safeguards MiCA requires, such as segregated client assets, published fees and a complaints procedure, apply to authorised firms.
Exchanges not authorised under MiCA and your existing account
- Check the current status: search the register with the MiCA licence checker, including the legal name in your terms.
- Read the platform's notices: platforms often announce changes to EU services by email and in the app.
- Consider moving your assets: to an authorised exchange or to your own wallet, as the guide to withdrawing to a wallet explains.
- Keep records: download your transaction history while you still have access.
Why this site lists no exchanges not authorised under MiCA
- CoinTrustRadar.com compares only firms whose authorisation can be verified in ESMA's register.
- Showing unauthorised platforms next to authorised ones would blur the most important difference between them.
- Promoting crypto services that are not authorised in the visitor's country is something this site will not do.
Lookalike names in the non-compliant file
ESMA's non-compliant entities file also lists websites with names that resemble well-known brands, such as a site called "HTXcoin-az" reported by Italy's CONSOB.
Such sites can be scams that borrow a famous name, which is another reason to check the exact legal name and website rather than the brand alone.
The guide to regulator warning lists explains how to search these lists.
Authorised alternatives to exchanges not authorised under MiCA
The list of MiCA crypto exchanges shows authorised exchanges notified in your country, with their regulator and passport from the register.
Exchanges not authorised under MiCA: why big names may be missing
There are several reasons a well-known exchange might not appear among authorised providers in ESMA's register.
| Possible reason | What it means for you |
|---|---|
| It has not applied, or its application is pending | It may not serve EU residents under MiCA |
| It was refused | It may not serve EU residents |
| It operates through an entity with a different name | Search the legal name in your terms |
| It has chosen not to serve the EU | It may restrict or close EU accounts |
Only the register, checked by legal name, tells you which case applies.
Exchanges not authorised under MiCA and offshore entities
Some groups have authorised EU entities alongside offshore entities that serve other parts of the world.
If you were onboarded by an offshore entity, your account may not be covered by MiCA even if the same brand has an authorised EU entity.
The legal name in your terms of use shows which entity you contract with.
Exchanges not authorised under MiCA: moving your assets
- Open an account at an authorised exchange, checked in the register.
- Secure the new account with app-based two-factor authentication.
- Send a small test amount from the old platform, using the correct network.
- Move the rest once the test arrives.
- Download your full history from the old platform for your records.
The guide to withdrawing crypto explains networks and test transfers.
Exchanges not authorised under MiCA and scams
Scammers sometimes use the names of large, well-known exchanges, or invent names that sound like them.
ESMA's non-compliant file includes such lookalikes, and national regulators publish warnings about cloned sites.
Being well known is not the same as being authorised, and a famous name on a website you were sent a link to proves nothing.
Exchanges not authorised under MiCA: the register changes
New authorisations are added to the register over time, and a platform missing today may be authorised later, or the opposite may happen.
This page is updated when the register file is refreshed, and you can check the current status at any time with the MiCA licence checker.
Exchanges not authorised under MiCA: the end of the transitional period
MiCA allowed providers that already operated under national rules before 30 December 2024 to continue until 1 July 2026, or until their authorisation was granted or refused, whichever came first.
Member States could shorten or disapply this transitional regime, so in some countries the period ended earlier.
Since 1 July 2026, a provider without MiCA authorisation may not provide crypto-asset services in the EU and EEA.
Source: MiCA Article 143(3) on EUR-Lex.
Exchanges not authorised under MiCA: claims and what they mean
| Claim | What to check |
|---|---|
| "Licensed in the EU" | Which legal entity, which regulator, and is it in ESMA's register? |
| "MiCA-compliant" | Compliance claims are not an authorisation; look for the register entry |
| "Registered for anti-money laundering" | An older national registration is not a MiCA authorisation |
| "Applied for a licence" | An application is not an authorisation |
| "Licensed abroad" | A licence outside the EEA does not allow services in the EU |
Exchanges not authorised under MiCA and group structures
A crypto group can have an authorised EU company and other companies elsewhere that are not authorised in the EU.
Your protection depends on which company you contract with, which is stated in the terms of use.
If the app or website directs EU customers to a company outside the EEA, MiCA's rules may not apply to your account.
Exchanges not authorised under MiCA: warning signs in adverts
- High leverage or bonuses aimed at EU users without any EU entity named.
- Requests to use a VPN or to state a different country.
- Influencer promotions without a clear legal entity or risk warning.
- Support only through messaging apps.
Exchanges not authorised under MiCA: questions readers ask
Is it illegal for me to use an unauthorised exchange? MiCA places duties on providers, not on customers, but you lose its protections and may face practical risks such as blocked withdrawals.
Why do some big exchanges have no EU authorisation? Each firm decides whether to apply and regulators decide on applications; the register shows the current outcome.
Can an exchange become authorised later? Yes; the register changes, and this site rechecks it regularly.
Exchanges not authorised under MiCA: checking before you deposit
- Read the terms: find the legal entity you would contract with.
- Search the register: with the MiCA licence checker.
- Check warning lists: ESMA's non-compliant entities and your national regulator's warnings.
- Stop if nothing matches: choose an authorised provider instead.
The check takes a few minutes and avoids the much longer problem of trying to recover money from a firm outside EU supervision.
Keeping a note of the check, with the date, helps if questions arise later.
Repeat it before any large deposit.
The register can change at any time.
Recheck it before each large deposit.
Frequently asked questions
Which big exchanges are not authorised under MiCA?
When the register was downloaded on the date shown, Binance, Bitget, MEXC, HTX, Bitfinex, BitMart, LBank and Phemex were not found among authorised providers under those names.
Is MEXC on ESMA's list of non-compliant entities?
Yes. The file lists MEXC Global, reported by the Dutch AFM with a decision dated 16 September 2025, for providing crypto-asset services in the Netherlands without the required MiCA licence.
Can I still use an exchange not authorised under MiCA?
If it is not authorised, it may not be allowed to serve you, and MiCA's protections do not apply. Check its current status and consider moving your assets.
Could a platform be authorised under another name?
Yes. Firms often operate through EU entities with different legal names, so search the legal name in your terms as well.
Why does CoinTrustRadar.com not link to these platforms?
Because the site lists only MiCA-authorised providers and does not promote services that may not be authorised for its visitors.
Sources
Every figure on this page is checked against the ESMA register, the exchange's own terms and fee pages or another primary source, and the sources are listed above. Editorial policy · How we rate