MEXC vs BingX – which to choose in 2026
TL;DR
Our rating gives MEXC (8.8/10) a slight edge over BingX (7.8/10). BingX still has real advantages – covered below.
Detailed comparison
| MEXC | Metric | BingX |
|---|---|---|
| 8.8 ✓ | Rating | 7.8 |
| 0% ✓ | Spot maker | 0.1% |
| 0.05% ✓ | Spot taker | 0.1% |
| 0% ✓ | Futures maker | 0.02% |
| 0.02% ✓ | Futures taker | 0.05% |
| 2500+ ✓ | Coins | 900+ |
| 2018 | Founded | 2018 |
| MX | Token | No |
| Seychelles | Country | British Virgin Islands |
What sets them apart
MEXCLowest feesZero maker fees. Huge selection of coins – 2,500+
BingXSocial tradingSocial trading – see what others are buying. Official Ferrari partner
MEXC (rated 8.8/10) versus BingX (7.8/10) – who wins in 2026? Both exchanges are actively competing for users: updating interfaces, cutting fees, adding new coins. But they suit different traders. We broke down both platforms in detail: spot and futures fees, security, fiat support, trading tools, pros and cons. All based on hands-on experience.
A Quick Look at Each Exchange
MEXCMEXC has been operating since 2018, registered in Seychelles. The platform lists 2500+ cryptocurrencies. MEXC is a centralized crypto exchange founded in 2018 and registered in the Seychelles. The platform's main advantage is a zero maker fee on both spot and futures. It lists over 2,500 cryptocurrencies, making it one of the leaders by token count. Our rating – 8.8/10.
BingXBingX has been operating since 2018, registered in British Virgin Islands. The platform lists 900+ cryptocurrencies. BingX is a centralized crypto exchange founded in 2018 and registered in the British Virgin Islands. The platform's signature feature is social trading: you can see other traders' positions, subscribe to their strategies, and automatically copy trades. The exchange offers over 900 cryptocurrencies, spot and futures trading, staking, and grid bots. Our rating – 7.8/10.
MEXC vs BingX Fees – Who Is Cheaper
Fees are the first thing traders look at when choosing an exchange. A 0.05% difference may seem trivial, but on $10,000 in monthly volume that is already $5. And if you trade actively, it adds up fast. On spot, MEXC charges 0%/0.05% (maker/taker), while BingX charges 0.1%/0.1%. In terms of spot fees, MEXC is the better deal. On futures the picture is different. MEXC charges 0% maker / 0.02% taker. BingX – 0.02% maker / 0.05% taker. For those trading with leverage, MEXC will cost less. Withdrawal fees are a separate expense. For BTC: MEXC charges 0.0005 BTC (~$35), BingX – 0.0005 BTC (~$35). For USDT on the TRC-20 network (the cheapest option): MEXC – 1 USDT (TRC-20), BingX – 1 USDT (TRC-20). Both platforms incentivize using their native tokens. MEXC offers a discount when paying fees with its MX token. If you trade a lot, the discount is significant.
The trading fee is only part of the expense. The real cost of a trade is made up of five elements: spread (the difference between buy and sell price), trading fee, withdrawal fee, currency conversion, and slippage on order execution. MEXC advertises zero maker fees – and it is true. However, zero fees are partly offset by wider spreads on less liquid pairs. On BTC/USDT and ETH/USDT this is barely noticeable, but on rare tokens the spread can be 2–3 times wider than on BingX. If you trade major coins, MEXC is genuinely cheaper. If you hunt altcoins, calculate the total cost. Our tip: for small transfers, use the TRC-20 network (USDT) – the fee is minimal. For larger amounts, compare withdrawal costs across different networks directly in the exchange interface.
Trading Tools and Features
Beyond fees, it is important to understand what you can actually do on each exchange. Spot trading is available on both platforms. In terms of coin count, MEXC leads with 2500+ cryptocurrencies. BingX offers 900+. If you are looking for a specific altcoin, check the listing catalog beforehand. Futures are available on both exchanges. These are leveraged contracts – you can earn (and lose) multiples of what you would in spot trading. Maximum leverage on major pairs: up to 100x–125x. We recommend starting at 2x–5x, especially if you are new to it. Staking is available on both platforms. You can earn passive income on crypto held on the exchange. Rates depend on the coin and the lock-up period.
P2P and Fiat Trading
P2P is a popular way to buy crypto with local currency. You trade directly with another user: send fiat payment and receive crypto. No intermediaries – the exchange acts as an escrow to protect both sides. MEXC: P2P exchange supports multiple local currencies and payment methods. P2P liquidity is moderate – sufficient for buying USDT, but large amounts are best split across several trades. BingX: P2P exchange is available with multiple local currencies and payment methods. P2P liquidity is moderate – works for buying USDT, but the seller selection is smaller than on Bybit. Tip: when buying large amounts on P2P, split the transaction into several parts – this reduces risk and keeps things smooth.
Security and KYC
Security is something you do not think about until you run into a problem. Exchange hacks, frozen accounts, phishing emails – in crypto these are real risks. Here is what both platforms offer. MEXC: MEXC applies standard security measures: cold storage for the majority of funds, two-factor authentication, anti-phishing codes, and withdrawal address whitelisting. The exchange does not publish regular Proof of Reserves reports, which reduces transparency compared to market leaders. BingX: BingX stores funds in cold wallets with multi-signature protection. It uses 2FA, anti-phishing codes, and address whitelisting. The exchange regularly undergoes security audits and publishes Proof of Reserves. No major hacks have occurred during its operation. Verification (KYC) on MEXC: Basic trading is available without verification, with withdrawal limits. For full access, a passport plus selfie is required. Processing usually takes 15–60 minutes. Verification (KYC) on BingX: KYC verification is mandatory for full access. Basic level: passport plus selfie. Processing takes from 10 minutes to a few hours. Without KYC, trading is available with limited withdrawal limits. Our advice: enable two-factor authentication (2FA) right after signing up. Set up an anti-phishing code – it appears in every email from the exchange and helps you tell genuine notifications from scams. For storing large amounts, use a hardware wallet – only keep on the exchange what you are actively trading.
Who Should You Choose
MEXCMEXC is ideal for those hunting for new tokens at an early stage who want to pay minimal fees. The zero maker rate attracts active traders placing limit orders. It also suits altcoin hunters – the 2,500+ coin catalog covers virtually everything.
Open MEXCBingXBingX is a great pick for those who want to learn trading from real examples. The social feed shows what others are buying, and copy trading lets you replicate the strategies of the best. Suited for beginner traders who are not yet ready to trade on their own.
Open BingXPros and cons
MEXC
BingXOur Verdict
In our assessment, MEXC (8.8/10) comes out ahead of BingX (7.8/10). MEXC is the exchange with the lowest trading fees on the market: 0% for makers on both spot and futures. Over 2,500 cryptocurrencies – more than most competitors. But BingX should not be written off. BingX is a great pick for those who want to learn trading from real examples. For those tasks, BingX may be the better fit. Many traders keep accounts on both exchanges – for different purposes. Try both – registration is free.
FAQ
Which is better – MEXC or BingX?
MEXC received a rating of 8.8/10, BingX – 7.8/10. MEXC zero maker fees. huge selection of coins – 2,500+. But BingX is also a solid choice: it social trading – see what others are buying. official ferrari partner. Different tasks call for different exchanges.
Where are fees lower – MEXC or BingX?
On spot fees, MEXC is cheaper: 0%/0.05% maker/taker. On futures, MEXC also leads. But fees are not the only expense. Factor in spread, withdrawal fees, and token discounts.
Which has more coins – MEXC or BingX?
MEXC offers 2500+ cryptocurrencies – more than 900+ on BingX. If you are looking for a specific rare token, check the exchange catalog before signing up.
Are MEXC and BingX available worldwide?
Both exchanges operate in most jurisdictions worldwide.
Can you trade futures on MEXC and BingX?
Yes, both exchanges support futures trading. MEXC: maker 0%, taker 0.02%. BingX: maker 0.02%, taker 0.05%. Maximum leverage on major pairs – up to 100x–125x.
Which exchange is safer – MEXC or BingX?
Both exchanges have been operating since 2018 and use standard security measures: cold storage, 2FA, anti-phishing codes. We recommend not storing large amounts on the exchange – withdraw to your personal wallet.
Is KYC verification required on MEXC and BingX?
MEXC: Basic trading is available without verification, with withdrawal limits. BingX: KYC verification is mandatory for full access. Without verification, trading and withdrawals on most exchanges are limited or unavailable.
Can you use both exchanges at the same time?
Yes, and many traders do exactly that. One exchange for main trading, the other for altcoins or futures. Registration on both is free.
Updated: April 2026
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