BingX vs MEXC 2026
BingX
8.2VS
MEXC
8.3WinnerRatings
BingX
MEXC
Overall Rating
8.2/10
8.3/10
Fees Rating
8.5/10
9.5/10
Security Rating
8/10
8/10
User Experience
8.6/10
8.2/10
Customer Support
8/10
7.8/10
Fees
| BingX | MEXC | |
|---|---|---|
| Maker Fee | 0.1% | 0% |
| Taker Fee | 0.1% | 0.05% |
Security & Trust
| BingX | MEXC | |
|---|---|---|
| 2FA Authentication | ||
| Never Hacked | ||
| Insurance Fund | ||
| Cold Storage | 90% | 90% |
Features
| BingX | MEXC | |
|---|---|---|
| Cryptocurrencies | 700+ | 2300+ |
| Trading Pairs | 1000+ | 2800+ |
| Mobile App | 4.5/5 | 4.4/5 |
| Founded | 2018 | 2018 |
| Headquarters | Singapore | Seychelles |
BingX
Pros
- Best copy trading demo mode (VST) I tested across BingX, Bybit, and Bitget, using live market data for risk-free practice
- Trader transparency is top-tier: full performance history including drawdown periods, not just curated highlight reels
- 15,000+ elite traders to follow with verified, unedited performance stats and proportional position copying
- Performance fee (8-10% of profits only) means you pay nothing when a followed trader loses money
Cons
- $10 million protection fund is 30x smaller than Bitget ($300M) and 100x smaller than Binance SAFU ($1B+)
- Not available in the US, Canada, or to Singapore residents, which limits global reach
- No FCA, SEC, MiCA, or BaFin licensing, putting it below fully regulated platforms for risk-averse traders
MEXC
Pros
- Zero maker fees on all 2,800+ spot trading pairs - permanent, no volume tier or token holding required
- 2,300+ listed cryptocurrencies vs Binance (400) and KuCoin (800) - widest altcoin selection among major exchanges
- Consistently first to list new tokens, often 2-4 weeks ahead of Binance and other tier-1 exchanges
- No KYC required for full trading access with withdrawals up to 10 BTC per day (~$600,000)
Cons
- Zero regulatory licenses from any major jurisdiction - Seychelles incorporation provides minimal oversight
- No insurance fund covering user deposits - a hack or insolvency means no compensation mechanism exists
- A large share of 2,300+ listed tokens are dead projects, abandoned experiments, or outright scams
Frequently Asked Questions
Is BingX better than MEXC?
Based on our testing, MEXC edges ahead overall. BingX scores 8.2/10 versus MEXC's 8.3/10. The gap comes down to fees, features, and ease of use - check the full comparison above for the details that matter most to you.
Which has lower fees, BingX or MEXC?
Based on our testing, MEXC offers lower trading fees. BingX charges 0.1%/0.1% maker/taker fees while MEXC charges 0%/0.05%. MEXC scores 9.5/10 in our fee analysis.
Is BingX safer than MEXC?
BingX and MEXC have comparable security ratings - 8.0/10 and 8.0/10 respectively. Both implement industry-standard protections. See the security section above for specifics on cold storage and insurance coverage.
Which exchange has more cryptocurrencies, BingX or MEXC?
MEXC supports more cryptocurrencies. BingX lists 700+ coins while MEXC offers 2300+. If you're looking for a wide range of altcoins, MEXC has the edge here.
Should beginners choose BingX or MEXC?
BingX is the better pick for beginners based on user experience scores. BingX scores 8.6/10 for UX versus MEXC's 8.2/10. A cleaner interface and simpler onboarding can make a real difference when you're just starting out.
Can I use both BingX and MEXC in the US?
BingX is headquartered in Singapore and US availability depends on state regulations. MEXC is headquartered in Seychelles and US availability depends on state regulations. US regulations vary by state, so always verify current availability in your state directly with the exchange before creating an account. Some exchanges restrict certain features for US customers even when accessible.
