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Here are my reasons, it is a scam exchange specially for launching new tokens. Basically when a token is launched, it has a specific contract address and you use that contract address to buy token. What MXC does it create another Contract Address but exactly same name. So you want to transfer from MXC to your real wallet, you will give the real wallet address but instead mxc will send token to a different contract address. I caught them with SAFEMARS coin. Below are 2 Contracts, SAME names but different address. So once you withdrawal, it will never reach your intended wallet
Do a search on BSCAN, 2 different contracts while one is real and other not .MXC uses doesnt use real address


Date of experience: May 12, 2021

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