By the TradeReviewed Research Team. Data from official exchange pages and regulator registers, dates shown per exchange. How we test
- MEXC has the lower standard spot taker fee.
- MEXC has the lower standard futures taker fee.
- BingX holds more licences or registrations that we verified (1 vs 0).
- Only BingX has a confirmed MiCA authorisation for EU users.
- MEXC has the higher 24h trading volume (spot plus derivatives), which usually means deeper order books.
BingX vs MEXC at a glance
| Our score | 2.7/5 | 2.5/5 |
|---|---|---|
| Spot maker / taker | 0.1% / 0.1% | 0% / 0.05% |
| Futures maker / taker | 0.02% / 0.05% | 0.01% / 0.04% |
| Max leverage | - | - |
| EU MiCA status | MiCA licensed | Not available or restricted |
| Verified licences and registrations | 1: EU | 0 |
| Restricted or banned in | IN | EU, US, UK, SG, HK, CA, IN |
| Proof of reserves | Monthly Merkle tree (BTC, ETH, USDT, USDC) | Monthly Merkle tree |
| 24h volume (spot + derivatives) | $7.28B | $14.59B |
| Deposit methods | Card (third-party), P2P, crypto | Card (third-party), P2P, crypto |
| Data checked | 2026-10-19 · fee source | 2026-10-19 · fee source |
Standard base tier fees. Card purchases, conversions and withdrawals cost extra. Leverage for EU retail clients is limited by law, whatever the global maximum.
Which one should you choose?
- Low fee spot buying: pick the lower taker fee and pay by bank transfer instead of card.
- Futures trading: compare futures taker fees and check that derivatives are allowed where you live.
- Safety first: prefer the exchange with more verified licences and a proof of reserves report, and read our safety pages below.
Frequently asked questions
Which is cheaper, BingX or MEXC?
On standard spot fees MEXC is cheaper: 0.05% taker fee vs 0.1% on BingX. VIP tiers and token discounts can change this.
Is BingX or MEXC better for EU users?
In the EU, choose the entity with a MiCA authorisation in the ESMA register and check which products it offers, because leverage and derivatives are limited for EU retail clients. BingX: MiCA licensed. MEXC: Not verified.
Can I use both BingX and MEXC?
Yes. Many traders keep accounts on two exchanges to compare prices, spread counterparty risk and keep access if one has an outage. Never keep more on an exchange than you need for trading.
More comparisons
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Safety checks by exchange
Is BingX safe? Is OKX safe? Is Bybit safe? Is Binance safe? Is Bitget safe? Is MEXC safe? Is KuCoin safe? Is Coinbase safe? Is Kraken safe? Is Gate safe?
Not financial advice. Some links are affiliate links, which never change our data or scores. Affiliate disclosure