Thread by @CryptoGirlNova

1) Avoiding any cex like the plague now.

I've always preferred trading on a dex but enjoyed using a cex in specific circumstances.

All of a sudden my funds on #MEXC are locked and my withdrawal is under review.

Is it because I didn't accept any of the 10+ collab dms?

2) Doing nothing out of the ordinary and requested a withdrawal.

"Your account is at risk for being stolen"

Contact customer support:

All good here it's just me doing a withdrawal.

It doesn't bother me that they are cautious.

It bothers me what happened next ⬇️

3) 1️⃣ "Submit a picture with your face, identity card and a piece of paper with mexc, e-mail, unfreeze and date written on"

After taking 10 pictures to get the right angle and good visibility I'm done.

All good here Mexc?

"Yup, should be ready in no time"

4) 2️⃣ Few hours later:

Hey Mexc, what about my funds?

"Oh yeah, we need you to submit everything again but this time a piece of paper with the withdrawal token, the exact amount and your entire wallet adress"

After 10 pictures again I'm done.

All good here Mexc?

"Yeah"

5) 3️⃣ "We need you to submit everything again but this time all of the info from the first piece of paper together with the information of the second piece of paper"

So I just hold my 2 pieces of paper together?

"No, write it all again on 1 piece"

Sigh... Submitting again

6) 4️⃣ All good now for the final time?

"Yeah but it can take a while for the team to process your withdrawal"

"Anything else ma'am?"

No, please just give me my funds back.

7) I get there are security measurements in place.

But how is any scammer going to pass all those checks time and time again.

I'm withdrawing my funds for a reason and locking my account removes the opportunity with the purpose of my withdrawal.

8) The whole process has just been so cumbersome that's making me annoyed.

Especially since they can just lock away your funds like that.

From now on just let me trade from the comfort of my own wallet.

Why did I need mexc in the first place?

Liquidity to trade $ARB on day 1.

Funny enough at this exact time while finishing the thread the next collab dm comes in.

Account free of friction sure.