In the event you love crypto buying and selling, you already know the vital function {that a} crypto trade performs on this enterprise. At the moment, two distinguished cryptocurrency exchanges are rising as notable gamers: BingX and MEXC.
Each exchanges supply distinct buying and selling options designed to draw customers from numerous backgrounds, making it a difficult job to determine between them. This information compares MEXC and BingX, specializing in consumer expertise, buying and selling charges, and total fame.
MEXC vs BingX: Fast Comparability
FeaturesBingXMEXCYear Based20182018HeadquartersSingaporeSeychellesGreatest forLearnersSkilled merchantsCryptocurrencies supported10002900Fee strategiesCredit score/Debit playing cards, Financial institution transfers, Apple Pay, Google PayCredit score/debit playing cards, Financial institution Switch, Apple payStorage optionsChilly storage choices to safe consumer fundsSafe storage and enhanced options for asset administrationCell appeach cell and desktop platforms providing seamless buying and selling expertisePerson-friendly cell and desktop platforms with full buying and selling performanceDeposit and withdrawEnvironment friendly deposit and withdrawalDeposits and withdrawals dealt with effectivelySecurity measures2FA, anti-phishing code, withdrawal whitelist, One-Click on Safety 2FA authentication, withdrawal whitelist, anti-phishing code
BingX Overview

BingX is a cryptocurrency trade specializing in hassle-free buying and selling expertise with low buying and selling charges. Based in 2018, the platform has rapidly established a reputation for itself throughout the crypto house. BingX is at the moment FC Chelsea’s cryptocurrency companion, a partnership that has boosted its worldwide standing.
The platform is famend for providing numerous merchandise, together with spot buying and selling, futures buying and selling, and choices. The trade additionally offers superior options, together with copy buying and selling that permits replicating the experiences of profitable merchants. BingX is at the moment FC Chelsea’s cryptocurrency companion, a partnership that has boosted its worldwide standing. Learn our full BingX evaluation for a deep dive into its options, charges, and efficiency.
BingX is applauded by many skilled merchants looking for high-level options, however newcomers may also navigate it simply. The trade additionally helps a variety of digital property, together with well-known ones and main altcoins. Customers discover it to be a user-centric platform with a pleasant design that’s simple to navigate for each specialists and novices.


MEXC Overview


MEXC cryptocurrency trade boasts a world attraction and provides an simply accessible, user-friendly platform. Since its institution in 2018, the platform has skilled exponential progress, able to settling no less than 1.4 million transactions per second. Learn our full MEXC evaluation to discover its options, charges, and total efficiency in depth.
The trade helps all kinds of cryptocurrency property, together with Bitcoin, Binance Coin, Ethereum, and lots of altcoins. Customers love MEXC primarily due to its aggressive buying and selling charges and an easy-to-use and navigable interface. This makes the platform enticing for each new and skilled crypto merchants.
Buying and selling choices are the preferred characteristic amongst MEXC customers. The standout merchandise embrace futures contracts, spot buying and selling, margin buying and selling, and staking, providing the much-desired range for customers. Furthermore, MEXC provides a responsive cell app that permits customers to commerce effectively on the go.


MEXC vs BingX: Buying and selling Options
Each BingX vs MEXC help a variety of buying and selling choices comparable to futures buying and selling and sport buying and selling. Nevertheless, MEXC stands out for its intensive checklist of supported cryptocurrencies, which incorporates the main altcoins. The platform allows its customers to get pleasure from margin buying and selling, permitting them to commerce with leverage.
The main buying and selling options supplied by MEXC embrace contract buying and selling, spot buying and selling, and leveraged ETF buying and selling. The trade provides a variety of buying and selling pairs, together with DeFi cash, creating a flexible marketplace for its customers. Furthermore, there are different superior options like TradingView charts providing superior charting features together with pop-up reminders for safety upgrades.
Alternatively, BingX has reduce a distinct segment for itself as a frontrunner in choices buying and selling and replica buying and selling. Copy buying and selling has turn into particularly well-liked for enabling novice merchants to copy the strikes of skilled merchants robotically.
Along with futures contracts supplied by MEXC, BingX contains choices buying and selling, one other layer of flexibility and complexity for superior merchants. BingX crypto trade provides extra buying and selling options, together with instantaneous crypto buying and selling, demo buying and selling, and entry to many conventional markets. Traders may also benefit from crypto platforms with leverage choices providing as much as 125x on normal contracts.
MEXC vs BingX: Charges
Concerning relevant buying and selling charges, each MEXC and BingX supply aggressive price constructions. MEXC operates on a tiered price system, which varies primarily based on a consumer’s buying and selling quantity, providing reductions for larger buying and selling exercise. The platform offers comparatively low spot and futures buying and selling charges, which magnetize merchants looking for value financial savings. BingX additionally provides comparatively low buying and selling charges on spot and futures buying and selling. Merchants choosing copy buying and selling can profit from considerably discounted charges relying on the professional dealer they observe.
Buying and selling Charges
Low buying and selling charges are a key characteristic of the MEXC trade, making it a preferred alternative amongst day merchants. The spot market crypto buying and selling charges start at 0% with futures buying and selling charges beginning at 0% for makers and 0.02% for takers. Spot market merchants are charged a flat price of 0.1% for each makers and takers.
For the BingX trade, maker charges for perpetual futures are 0.02%, and taker charges are 0.05%. The platform provides reductions primarily based on a consumer’s month-to-month commerce quantity, which might cut back the maker price to 0.0015% and the taker price to 0.035%.
Deposit and Withdrawal Charges
BingX provides customers numerous strategies for managing their funds, together with completely different deposit and withdrawal channels. These embrace bank cards, financial institution transfers, and numerous cryptocurrencies, with crypto speeds various relying on the particular asset. The deposit charges will differ primarily based on the strategy used, whereas withdrawal charges will rely upon the chosen crypto asset.
MEXC’s deposit and withdrawal options supply completely different processing instances and charges relying on the strategy used. Deposits surrounding cryptocurrencies are principally instantaneous, and whereas withdrawals are equally swift, community congestion may trigger delays. Moreover, depositing fiat foreign money by way of third-party service suppliers is topic to the charges charged by these suppliers.
MEXC vs BingX: Merchandise & Companies
Whereas each BingX and MEXC are famend for providing numerous services and products, they differ in some elements. That’s as a result of each crypto exchanges goal a various vary of buyers thinking about staking, NFTs, numerous buying and selling choices, and financial savings companies. BingX stands out for its user-friendly interface, whereas MEXC is well-liked for its intensive checklist of supported cryptocurrencies.
BingX has merchandise concentrating on a broad viewers with selections starting from copy buying and selling to identify and by-product buying and selling. Furthermore, crypto holders can use their idle tokens for crypto staking and entry to new cryptocurrencies. The platform provides a wealth administration service that enables customers to earn cash by saving and interesting in grid buying and selling. Furthermore, you can too avail of a number of cryptocurrency loans to spice up your buying and selling capital. BingX’s sign buying and selling characteristic allows novices to take part in high-yield setups, whereas the BingX card provides companies at near-instant speeds.
Crypto trade MEXC is extremely regarded for its excessive efficiency in spot, futures, and margin buying and selling. The platform provides a safe and respected MEXC pockets for managing crypto property and personal keys. Customers even have entry to crypto conversions and pre-market buying and selling companies. The trade stands out because the go-to platform for buying and selling meme cash and provides early entry to new cash. Moreover, customers may also use the MEXC Financial savings and Loans characteristic to borrow from the trade.
Each BingX and MEXC supply leveraged buying and selling, however they give attention to completely different merchandise. MEXC lists numerous perpetual futures contracts that embody small-cap tokens, that are unavailable elsewhere, with as much as 200x leverage. BingX provides extra copy buying and selling futures on an easy-to-use interface, which primarily attracts new customers.
MEXC vs BingX: Supported Cryptocurrencies
MEXC stands out from BingX resulting from its comparatively wide selection of cryptocurrencies, with over 2,900 property listed. The platform additionally offers a broader number of buying and selling choices, enabling buyers to diversify their portfolios with ease. The variety permits for customers to realize expertise with recognized cryptocurrencies and rising altcoins with nice potential. Among the many supported property are BTC, USDT, ETH, XRP, LTC, BCH, and TRX, in addition to DeFi tokens comparable to LINK, SNX, MKR, and others.
BingX has over 1,000 listed cryptocurrencies and no less than 30 completely different crypto buying and selling pairs the place merchants can use BTC or USDT as collateral. Along with cryptocurrencies, the trade additionally exposes customers to conventional markets like indices and commodities. BingX helps main cryptocurrencies, together with BTC, ETH, XRP, SOL, LTC, and DOGE, amongst others.
MEXC vs BingX: Regulation & Availability
BingX operates its companies with a powerful give attention to regulatory compliance, making certain that the platform’s customers adhere to native legal guidelines. The platform acknowledges the varied approaches to cryptocurrencies by regulatory our bodies, which typically classify them instead asset class. Furthermore, the trade cooperates with low-enforcement jurisdictions wherein it operates and helps to flag fraudulent actions.
In its phrases and circumstances, BingX clearly outlines the completely different dangers related to crypto buying and selling, together with the potential for monetary losses. The trade is offered in most areas globally. Nevertheless, some options could also be present in some jurisdictions resulting from numerous regulatory and licensing necessities. The platform additionally prohibits sure illegal actions, together with fraudulent buying and selling and market manipulation. BingX restricts entry to the USA, United Kingdom, Netherlands, Singapore, China, Iran, Iraq, and South Korea, amongst different nations.
Cryptocurrency trade MEXC takes regulatory points critically within the jurisdictions the place it operates. Whereas the trade operates in lots of nations, chances are you’ll not be capable to entry all services and products in each location. That’s as a result of completely different nations function numerous legal guidelines relating to cryptocurrencies. Moreover, MEXC states on its web site that it reserves the best to impose restrictions as it might deem match on accessing the platform. The platform additionally states that it cooperates with regulatory and governmental our bodies within the nations the place it operates. MEXC restricts customers from Canada, Cuba, Hong Kong, Iran, Mainland China, North Korea, and Russia-controlled areas of Ukraine, Singapore, Sudan, and the USA
MEXC vs BingX: Safety
In relation to security measures, BingX and MEXC take issues critically by using completely different measures to guard consumer property. Whether or not it’s cold-storage, multi-layered safety, or proof of reserve, here’s a comparability of MEXC vs. BingX:
MEXC makes use of two-factor authentication (2FA) and the very best normal encryption to guard knowledge and consumer funds. The platform additionally makes use of chilly storage to retailer the vast majority of its property, making certain they’re safe from on-line hacking makes an attempt. To additional safeguard consumer funds amounting to over $500 million in deposits, the trade supervises transactions in real-time. MECX proudly maintains a stable safety document with no previous incidents, dealing with any safety threats professionally and thereby sustaining consumer belief.
BingX additionally makes use of two-factor authentication and superior encryption applied sciences to guard consumer funds. Furthermore, the trade implements an inner insurance coverage fund for particular chosen cryptocurrencies as an added safety layer. BingX claims on its web site that it has by no means skilled a safety breach of any form. Using chilly storage performs a big function in making certain that cybercriminals don’t have entry to consumer knowledge and funds.
Other than conducting common safety audits to make sure compliance, each exchanges function proof-of-reserves. This refers to sustaining 100% reserves to make sure they’ve ample funds for withdrawals. Furthermore, MEXC frequently displays consumer asset dangers and provides compensation for any losses ensuing from the platform’s negligence. BingX, alternatively, operates superior firewalls and a devoted insurance coverage protection.
MEXC vs BingX: Buying and selling Quantity and Liquidity
In evaluating MEXC vs BingX, you’ll uncover that each platforms current completely different commerce volumes. This has a direct impression on the buying and selling expertise, affecting elements comparable to execution, effectivity, and potential for value slippage.
BingX provides important liquidity and buying and selling, making certain that customers can execute trades rapidly and at predictable costs. The existence of excessive liquidity has ensured that merchants can depend on the platform, understanding the pricing will be secure. The trade can also be able to dealing with large-volume trades rapidly and effectively. Buying and selling charges are decided by way of 30-day buying and selling quantity tiers, the place Stage 1 merchants with a quantity of below $50,000 pay a price of 0.10%.
MEXC additionally boasts a comparatively excessive commerce quantity and liquidity, which is proof of a supportive and energetic consumer base. The excessive liquidity ranges make sure that customers can execute their trades rapidly and on the market costs. The platform is understood for charging zero spot buying and selling charges. The supported larger most leverage of 200 x aptly contributes to the excessive buying and selling volumes.
BingX vs MEXC: KYC Requirement
MEXC and BingX each have completely different Know Your Buyer (KYC) and Anti-Cash Laundering (AML) necessities. It’s important to grasp what every platform stands for thus you may make an knowledgeable choice.
BingX doesn’t implement a strict KYC normal, that means you can begin buying and selling instantly after registration with out present process id verification. Customers can withdraw as much as $ 50,000 day by day with out verification. Nevertheless, chances are you’ll must undertake the method to entry larger limits and a few superior buying and selling options.
MEXC, alternatively, permits an nameless withdrawal restrict of as much as 30 Bitcoins per day. Nevertheless, you need to bear KYC verification to get pleasure from larger limits and a broader suite of superior options. You can be required to offer official identification paperwork, facial recognition scans, or proof of tackle relying in your location.
BingX vs MEXC: Cell App
Each MEXC and BingX supply cell apps that allow crypto buying and selling on the go, that includes distinct functionalities and ranging ranges of accessibility.
The BingX cell app helps each iOS and Android gadgets, enabling customers to commerce cryptocurrencies from anyplace. Customers may also use it to entry numerous options, together with spot, futures, and replica buying and selling. The app contains a user-friendly design, making it preferrred for each novices and specialists, and allows the quick execution of trades. Customers can obtain the app from both Google Play Retailer or Apple App Retailer.
MEXC additionally provides a high-performance cell app geared up with superior buying and selling options. The app, obtainable for each Android and iOS gadgets, will be downloaded from the official MEXC web site, in addition to from the Apple App Retailer and Google Play Retailer. When downloading the app from app shops, make sure you get it from “MEXC Fintech, Inc.” to keep away from counterfeits.
BingX vs MEXC: Person Expertise
Each BingX vs MEXC current very user-friendly interfaces, resulting in seamless buying and selling experiences for customers. Whereas MEXC primarily appeals to professional merchants resulting from its superior instruments, BingX provides social options that entice new customers.
The MEXC dashboard provides a clear, well-arranged interface that gives customizable options tailor-made to particular person wants. The platform additionally provides instructional assets which can be very useful for brand new customers studying elements of cryptocurrency buying and selling.
BingX, alternatively, contains a consumer interface that considerably simplifies the buying and selling expertise, significantly for brand new customers. The dashboard is simple, offering entry to probably the most important buying and selling instruments. The design is intuitive, and its integration with the cell app drastically enhances consumer expertise. Utilizing the copy buying and selling characteristic allows new customers to copy superior methods from profitable buyers.
BingX vs MEXC: Buyer Help & Service
In response to the BingX web site, the platform provides 24/7 buyer help and has firm representatives obtainable to reply consumer queries. Customers can attain the trade by way of e-mail, chat help, and a assist heart that solutions FAQs. Person evaluations point out that the platform responds promptly to consumer queries, providing well timed help.
MEXC, alternatively, boasts of a responsive {and professional} buyer care division. The trade operates a reliable buyer help system to deal with consumer points, which is offered 24/7. Furthermore, the platform has a well-organized FAQ part that addresses many typical dealer points. Customers may also attain MEXC by means of chat help and e-mail.
Each MECX and BingX supply ample cryptocurrency instructional supplies that tackle frequent points affecting crypto merchants.
Conclusion: Which is Higher?
In our comparability of BingX vs MEXC, it’s clear that each exchanges have distinctive options concentrating on various kinds of merchants. MEXC introduces revolutionary buying and selling options and helps a various vary of cryptocurrencies. Along with low buying and selling charges, MEXC additionally has a well-rounded platform that’s preferrred for each specialists and newcomers.
BingX provides superior buying and selling instruments, together with copy buying and selling and choices, that primarily attraction to merchants thinking about advanced methods. The platform’s easy-to-use interface makes the buying and selling expertise seamless in a low-fee setting. Furthermore, customers may also profit from the obtainable instructional assets to reinforce their expertise.
Finally, selecting between BingX and MEXC will rely in your particular wants, buying and selling fashion, and particular person preferences. Each MEXC and BingX supply sturdy safety, aggressive charges, and a spread of sturdy options. Guarantee to interrogate them fastidiously to decide on the one which most closely fits you.
FAQs
Can I take advantage of BingX within the USA?
BingX isn’t at the moment obtainable within the USA. The crypto trade faces regulatory points within the US resulting from compliance issues and securities rules.
Is BingX a dependable trade?
BingX has invested closely in safety measures. Along with implementing strict compliance, the trade makes use of superior safety measures and clear practices. BingX is at the moment thought to be one of many most secure and most dependable cryptocurrency exchanges globally.
Is MEXC a trusted trade?
MEXC is thought to be one of many most secure cryptocurrency exchanges for merchants, customers, and buyers. The trade makes use of chilly storage, multi-factor authentication, and an all-inclusive consumer fund to safeguard the funds.
Which crypto trade has decrease charges?
Between MEXC and BingX, MEXC, a cryptocurrency trade, provides comparatively low charges in comparison with BingX. MEXC costs 0% maker charges for customers’ restrict orders and 0.01% taker charges. BingX, alternatively, costs 0.02% maker charges and 0.05% taker charges. Moreover, MEXC is famend for providing a number of the lowest charges obtainable for leveraged buying and selling.
How can I select the perfect crypto trade for me?
A number of key elements ought to be thought-about when selecting the right cryptocurrency trade. These embrace the variety of cryptocurrencies supported, deposit and withdrawal strategies, and buying and selling charges. You must also interrogate the platform’s security measures, regulatory compliance, buyer help, and whether or not it has a user-friendly interface.

