A 2026 Comparison of Features and Fees

For those who love crypto buying and selling, you already know the important function {that a} crypto alternate performs on this enterprise. At the moment, two outstanding 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 general popularity.  

MEXC vs BingX: Fast Comparability

FeaturesBingXMEXCYear Based20182018HeadquartersSingaporeSeychellesGreatest forRookiesKnowledgeable 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 administrationCellular 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 effectivelySafety features2FA, 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 rapidly established a reputation for itself inside the crypto house. BingX is at present 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 supplies superior options, together with copy buying and selling that permits replicating the experiences of profitable merchants. BingX is at present FC Chelsea’s cryptocurrency accomplice, 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 searching for high-level options, however novices may also navigate it simply. The alternate 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 straightforward to navigate for each specialists and novices.

MEXC Overview

MEXC cryptocurrency alternate boasts a world attraction and presents 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 general efficiency in depth.

The alternate 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 most well-liked function amongst MEXC customers. The standout merchandise embrace futures contracts, spot buying and selling, margin buying and selling, and staking, providing the much-desired variety for customers. Furthermore, MEXC presents a responsive cell app that permits customers to commerce effectively on the go.

MEXC vs BingX: Buying and selling Options 

Each BingX vs MEXC assist a variety of buying and selling choices reminiscent of 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 allows its customers to take pleasure in 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 alternate presents 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 duplicate buying and selling. Copy buying and selling has develop into particularly common for enabling novice merchants to duplicate the strikes of skilled merchants mechanically.

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 alternate presents further buying and selling options, together with instantaneous crypto buying and selling, demo buying and selling, and entry to many conventional markets. Buyers may also benefit from 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 supply aggressive payment buildings. MEXC operates on a tiered payment system, which varies primarily based on a consumer’s buying and selling quantity, providing reductions for greater buying and selling exercise. The platform supplies comparatively low spot and futures buying and selling charges, which magnetize merchants searching for value financial savings. BingX additionally presents 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 comply with.   

Buying and selling Charges              

Low buying and selling charges are a key function of the MEXC alternate, making it a preferred selection 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 payment 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 presents reductions primarily based on a consumer’s month-to-month commerce quantity, which may cut back the maker payment to 0.0015% and the taker payment to 0.035%.

Deposit and Withdrawal Charges

BingX presents customers numerous strategies for managing their funds, together with totally 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 totally different processing instances and charges relying on the strategy used. Deposits surrounding cryptocurrencies are largely instantaneous, and whereas withdrawals are equally swift, community congestion may trigger delays. Moreover, depositing fiat forex 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, they differ in some features. That’s as a result of each crypto exchanges goal a various vary of buyers involved in staking, NFTs, numerous buying and selling choices, and financial savings companies. BingX stands out for its user-friendly interface, whereas MEXC is common for its in depth record of supported cryptocurrencies.

BingX has merchandise focusing on a broad viewers with decisions 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 presents a wealth administration service that enables customers to earn cash by saving and fascinating in grid buying and selling. Furthermore, you can even avail of a number of cryptocurrency loans to spice up your buying and selling capital. BingX’s sign buying and selling function allows novices to take part in high-yield setups, whereas the BingX card presents companies at near-instant speeds.

Crypto alternate MEXC is extremely regarded for its excessive efficiency in spot, futures, and margin buying and selling. The platform presents 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 alternate stands out because the go-to platform for buying and selling meme cash and presents early entry to new cash. Moreover, customers may also use the MEXC Financial savings and Loans function to borrow from the alternate.

Each BingX and MEXC supply leveraged buying and selling, however they concentrate on totally different merchandise. MEXC lists numerous perpetual futures contracts that embody small-cap tokens, that are unavailable elsewhere, with as much as 200x leverage. BingX presents 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 because of its comparatively big selection of cryptocurrencies, with over 2,900 property listed. The platform additionally supplies a broader number of buying and selling choices, enabling buyers to diversify their portfolios with ease. The range permits for customers to achieve expertise with identified 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 reminiscent of LINK, SNX, MKR, and others.

BingX has over 1,000 listed cryptocurrencies and no less than 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 companies with a powerful concentrate on regulatory compliance, guaranteeing that the platform’s customers adhere to native legal guidelines. The platform acknowledges the assorted approaches to cryptocurrencies by regulatory our bodies, which usually classify them in its place asset class. Furthermore, the alternate cooperates with low-enforcement jurisdictions during which it operates and helps to flag fraudulent actions.

In its phrases and circumstances, BingX clearly outlines the totally different dangers related to crypto buying and selling, together with the potential for monetary losses. The alternate is obtainable in most areas globally. Nevertheless, some options could also be present in some jurisdictions because 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 america, 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, chances are you’ll not be capable of entry all services 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 suitable to impose restrictions as it could 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 america

MEXC vs BingX: Safety

On the subject of safety features, BingX and MEXC take issues critically by using totally 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 best customary encryption to guard knowledge and consumer funds. The platform additionally makes use of chilly storage to retailer the vast majority of its property, guaranteeing 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 sort. Using chilly storage performs a major function in guaranteeing 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 enough funds for withdrawals. Furthermore, MEXC frequently screens consumer asset dangers and presents 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 reminiscent of execution, effectivity, and potential for worth slippage.

BingX presents vital liquidity and buying and selling, guaranteeing 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 might be steady. The alternate 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 Degree 1 merchants with a quantity of below $50,000 pay a payment of 0.10%.

MEXC additionally boasts a comparatively excessive commerce quantity and liquidity, which is proof of a supportive and lively 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 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 thus you can also make an knowledgeable choice.

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 every day with out verification. Nevertheless, chances are you’ll 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, you could bear KYC verification to take pleasure in greater limits and a broader suite of superior options. You can be required to offer official identification paperwork, facial recognition scans, or proof of deal with relying in your location.

BingX vs MEXC: Cellular 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 wherever. Customers may also use it to entry numerous options, together with spot, futures, and duplicate buying and selling. The app includes a user-friendly design, making it ideally suited 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 presents a high-performance cell app outfitted with superior buying and selling options. The app, accessible for each Android and iOS gadgets, might 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 because of its superior instruments, BingX presents social options that appeal to new customers.  

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

BingX, then again, includes a consumer interface that considerably simplifies the buying and selling expertise, significantly 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 function allows new customers to duplicate superior methods from profitable buyers.  

BingX vs MEXC: Buyer Assist & Service       

In response to the BingX web site, the platform presents 24/7 buyer assist and has firm representatives accessible to reply consumer queries. Customers can attain the alternate by way of e mail, chat assist, and a assist middle that solutions FAQs. Person 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 assist system to handle consumer points, which is obtainable 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 assist and e mail.

Each MECX and BingX supply enough cryptocurrency instructional supplies that deal with 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 focusing on several types 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 ideally suited for each specialists and novices.  

BingX presents superior buying and selling instruments, together with copy buying and selling and choices, that primarily attraction to merchants involved in complicated methods. The platform’s easy-to-use interface makes the buying and selling expertise seamless in a low-fee atmosphere.  Furthermore, customers may also profit from the accessible instructional sources to boost their expertise.

Finally, selecting between BingX and MEXC will rely in your particular wants, buying and selling model, and particular person preferences. Each MEXC and BingX supply sturdy safety, aggressive charges, and a variety of sturdy options. Guarantee to interrogate them fastidiously to decide on the one which most closely fits you.

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