How to deposit and buy crypto in South Korea
The short answer
In South Korea, MEXC, Coinbase publish an official way to fund an account: SWIFT. MEXC takes SWIFT deposits (Free · Within 1 business day) and pays withdrawals back to your bank (1–2 business days). Checked against official help pages on 2026-10-15.
Step by step
Open an account on MEXC and complete identity verification (KYC).
Deposit USD by SWIFT from a bank account in your own name.
Buy BTC, ETH or any other coin on the spot market.
To cash out, sell to USD and withdraw by SWIFT to your bank.
Methods by exchange
FAQ
Which exchange is best for deposits and withdrawals in South Korea?
MEXC is the first choice in South Korea: SWIFT.
Sources
- Add and verify a payment method - APAChelp.coinbase.com · checked 2026-10-15
- How to Deposit and Withdraw USD on MEXCmexc.co · updated 2026-10-01 · checked 2026-10-15