A 2026 Comparison of Features and Fees

For those who love crypto buying and selling, you already know the important position {that a} crypto alternate performs on this enterprise. At the moment, two distinguished cryptocurrency exchanges are rising as notable gamers: BingX and MEXC.

Each exchanges provide distinct buying and selling options designed to draw customers from numerous backgrounds, making it a difficult process to resolve between them. This information compares MEXC and BingX, specializing in consumer expertise, buying and selling charges, and total status.  

MEXC vs BingX: Fast Comparability

FeaturesBingXMEXCYear Based20182018HeadquartersSingaporeSeychellesFinest forLearnersProfessional 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 expertiseConsumer-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 alternate specializing in hassle-free buying and selling expertise with low buying and selling charges. Based in 2018, the platform has shortly established a reputation for itself inside the crypto house. BingX is at the moment FC Chelsea’s cryptocurrency accomplice, 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 alternate additionally offers superior options, together with copy buying and selling that allows replicating the experiences of profitable merchants. BingX is at the moment FC Chelsea’s cryptocurrency accomplice, a partnership that has boosted its worldwide standing. Learn our full BingX evaluate for a deep dive into its options, charges, and efficiency.

BingX is applauded by many skilled merchants looking for high-level options, however newbies also can navigate it simply. The alternate additionally helps a variety of digital belongings, together with well-known ones and main altcoins.  Customers discover it to be a user-centric platform with a pleasant design that’s straightforward to navigate for each consultants and novices.

MEXC Overview

MEXC cryptocurrency alternate boasts a world enchantment and affords an simply accessible, user-friendly platform. Since its institution in 2018, the platform has skilled exponential development, able to settling a minimum of 1.4 million transactions per second. Learn our full MEXC evaluate to discover its options, charges, and total efficiency in depth.

The alternate helps all kinds of cryptocurrency belongings, together with Bitcoin, Binance Coin, Ethereum, and plenty 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 engaging for each new and skilled crypto merchants.

Buying and selling choices are the preferred characteristic amongst MEXC customers. The standout merchandise embody futures contracts, spot buying and selling, margin buying and selling, and staking, providing the much-desired variety for customers. Furthermore, MEXC affords a responsive cell app that allows 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 in depth record of supported cryptocurrencies, which incorporates the main altcoins. The platform permits its customers to get pleasure from margin buying and selling, permitting them to commerce with leverage.  

The main buying and selling options provided by MEXC embody contract buying and selling, spot buying and selling, and leveraged ETF buying and selling. The alternate affords 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 capabilities together with pop-up reminders for safety upgrades.

Alternatively, BingX has lower a distinct segment for itself as a pacesetter in choices buying and selling and replica buying and selling. Copy buying and selling has grow to be particularly standard for enabling novice merchants to copy the strikes of skilled merchants robotically.

Along with futures contracts provided by MEXC, BingX consists of choices buying and selling, one other layer of flexibility and complexity for superior merchants.  BingX crypto alternate affords further buying and selling options, together with instantaneous crypto buying and selling, demo buying and selling, and entry to many conventional markets. Buyers also can make the most of crypto platforms with leverage choices providing as much as 125x on customary contracts.

MEXC vs BingX: Charges  

Concerning relevant buying and selling charges, each MEXC and BingX provide 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 greater buying and selling exercise. The platform offers comparatively low spot and futures buying and selling charges, which are a magnet for merchants looking for value financial savings. BingX additionally affords 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 skilled dealer they observe.   

Buying and selling Charges              

Low buying and selling charges are a key characteristic of the MEXC alternate, 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 alternate, maker charges for perpetual futures are 0.02%, and taker charges are 0.05%. The platform affords 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 affords customers numerous strategies for managing their funds, together with totally different deposit and withdrawal channels. These embody bank cards, financial institution transfers, and numerous cryptocurrencies, with crypto speeds various relying on the particular asset. The deposit charges will fluctuate primarily based on the tactic used, whereas withdrawal charges will rely upon the chosen crypto asset.  

MEXC’s deposit and withdrawal options provide totally different processing instances and costs relying on the tactic used. Deposits surrounding cryptocurrencies are principally instantaneous, and whereas withdrawals are equally swift, community congestion might 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 features. That’s as a result of each crypto exchanges goal a various vary of traders serious about staking, NFTs, numerous buying and selling choices, and financial savings providers. BingX stands out for its user-friendly interface, whereas MEXC is standard for its in depth record of supported cryptocurrencies.

BingX has merchandise concentrating on a broad viewers with selections starting from copy buying and selling to identify and spinoff buying and selling. Furthermore, crypto holders can use their idle tokens for crypto staking and entry to new cryptocurrencies. The platform affords a wealth administration service that permits customers to earn cash by saving and interesting in grid buying and selling. Furthermore, you too can avail of a number of cryptocurrency loans to spice up your buying and selling capital. BingX’s sign buying and selling characteristic permits novices to take part in high-yield setups, whereas the BingX card affords providers at near-instant speeds.

Crypto alternate MEXC is very regarded for its excessive efficiency in spot, futures, and margin buying and selling. The platform affords a safe and respected MEXC pockets for managing crypto belongings and personal keys. Customers even have entry to crypto conversions and pre-market buying and selling providers. The alternate stands out because the go-to platform for buying and selling meme cash and affords early entry to new cash. Moreover, customers also can use the MEXC Financial savings and Loans characteristic to borrow from the alternate.

Each BingX and MEXC provide leveraged buying and selling, however they deal with totally different merchandise. MEXC lists a lot of perpetual futures contracts that embody small-cap tokens, that are unavailable elsewhere, with as much as 200x leverage. BingX affords 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 as a consequence of its comparatively big selection of cryptocurrencies, with over 2,900 belongings listed. The platform additionally offers a broader number of buying and selling choices, enabling traders to diversify their portfolios with ease. The range permits for customers to realize expertise with identified cryptocurrencies and rising altcoins with nice potential. Among the many supported belongings 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 a minimum of 30 totally different crypto buying and selling pairs the place merchants can use BTC or USDT as collateral. Along with cryptocurrencies, the alternate 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 providers with a powerful deal with regulatory compliance, making certain that the platform’s customers adhere to native legal guidelines. The platform acknowledges the assorted approaches to cryptocurrencies by regulatory our bodies, which typically classify them instead asset class. Furthermore, the alternate cooperates with low-enforcement jurisdictions by which it operates and helps to flag fraudulent actions.

In its phrases and situations, BingX clearly outlines the totally different dangers related to crypto buying and selling, together with the potential for monetary losses. The alternate is accessible in most areas globally. Nevertheless, some options could also be present in some jurisdictions as a consequence of 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 international locations.

Cryptocurrency alternate MEXC takes regulatory points critically within the jurisdictions the place it operates. Whereas the alternate operates in lots of international locations, you could not be capable to entry all services and products in each location. That’s as a result of totally different international locations function numerous legal guidelines relating to cryptocurrencies. Moreover, MEXC states on its web site that it reserves the correct 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 international locations 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

On the subject of safety features, BingX and MEXC take issues critically by using totally different measures to guard consumer belongings. 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 best customary encryption to guard information and consumer funds. The platform additionally makes use of chilly storage to retailer the vast majority of its belongings, 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 alternate supervises transactions in real-time. MECX proudly maintains a stable safety file 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 alternate implements an inside 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 position in making certain that cybercriminals don’t have entry to consumer information and funds.  

Aside from 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 adequate funds for withdrawals. Furthermore, MEXC frequently screens consumer asset dangers and affords compensation for any losses ensuing from the platform’s negligence. BingX, then again, 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 totally different commerce volumes. This has a direct influence on the buying and selling expertise, affecting elements comparable to execution, effectivity, and potential for value slippage.

BingX affords important liquidity and buying and selling, making certain that customers can execute trades shortly and at predictable costs. The existence of excessive liquidity has ensured that merchants can depend on the platform, understanding the pricing could be secure. The alternate can be able to dealing with large-volume trades shortly 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 be certain that customers can execute their trades shortly and on the market costs. The platform is thought for charging zero spot buying and selling charges. The supported greater most leverage of 200 x aptly contributes to the excessive buying and selling volumes.

BingX vs MEXC: KYC Requirement

MEXC and BingX each have totally different Know Your Buyer (KYC) and Anti-Cash Laundering (AML) necessities. It’s important to know what every platform stands for therefore you may make an knowledgeable determination.

BingX doesn’t implement a strict KYC customary, that means you can begin buying and selling instantly after registration with out present process identification verification. Customers can withdraw as much as $ 50,000 day by day with out verification. Nevertheless, you could have to undertake the method to entry greater limits and a few superior buying and selling options.   

MEXC, then again, permits an nameless withdrawal restrict of as much as 30 Bitcoins per day. Nevertheless, it’s essential to endure KYC verification to get pleasure from greater limits and a broader suite of superior options. You may be required to offer official identification paperwork, facial recognition scans, or proof of deal with relying in your location.

BingX vs MEXC: Cell App  

Each MEXC and BingX provide 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 wherever. Customers also can use it to entry numerous options, together with spot, futures, and replica buying and selling. The app encompasses a user-friendly design, making it best for each novices and consultants, and permits the quick execution of trades. Customers can obtain the app from both Google Play Retailer or Apple App Retailer.

MEXC additionally affords a high-performance cell app outfitted with superior buying and selling options. The app, obtainable for each Android and iOS gadgets, could 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: Consumer Expertise

Each BingX vs MEXC current very user-friendly interfaces, resulting in seamless buying and selling experiences for customers. Whereas MEXC primarily appeals to skilled merchants as a consequence of its superior instruments, BingX affords social options that appeal to new customers.  

The MEXC dashboard affords a clear, well-arranged interface that gives customizable options tailor-made to particular person wants. The platform additionally affords instructional sources which might be very helpful for brand spanking new customers studying features of cryptocurrency buying and selling.                 

BingX, then again, encompasses a consumer interface that considerably simplifies the buying and selling expertise, notably for brand spanking 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 vastly enhances consumer expertise. Utilizing the copy buying and selling characteristic permits new customers to copy superior methods from profitable traders.  

BingX vs MEXC: Buyer Help & Service       

In accordance with the BingX web site, the platform affords 24/7 buyer help and has firm representatives obtainable to reply consumer queries. Customers can attain the alternate by way of electronic mail, chat help, and a assist heart that solutions FAQs. Consumer opinions point out that the platform responds promptly to consumer queries, providing well timed help.

MEXC, then again, boasts of a responsive {and professional} buyer care division. The alternate operates a reliable buyer help system to deal with consumer points, which is accessible 24/7. Furthermore, the platform has a well-organized FAQ part that addresses many typical dealer points. Customers also can attain MEXC via chat help and electronic mail.

Each MECX and BingX provide adequate cryptocurrency instructional supplies that deal with widespread 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 modern 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 best for each consultants and newbies.  

BingX affords superior buying and selling instruments, together with copy buying and selling and choices, that primarily enchantment to merchants serious about complicated methods. The platform’s easy-to-use interface makes the buying and selling expertise seamless in a low-fee surroundings.  Furthermore, customers also can profit from the obtainable instructional sources 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 provide strong safety, aggressive charges, and a variety of robust options. Guarantee to interrogate them rigorously to decide on the one which most closely fits you.

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