MEXC vs Binance are two popular cryptocurrency exchanges offering traders various trading options, features, and services with competitive tools and functionalities.
MEXC supports over 2,800 cryptocurrencies, allows anonymous trading without KYC, and offers low fees for spot and futures trading.
Binance features extensive tools, high liquidity, massive trading volume, supports over 1,300 trading pairs, and various trading options like spot, margin, futures, staking, and earning.
Differences between MEXC and Binance include fee structures, number of supported cryptocurrencies, security levels, and user experiences.
MEXC has lower trading fees even for low-volume traders, while Binance uses a tiered fee system based on trading volume.
Both exchanges offer deposit options without fees for most cryptocurrencies, but Binance's fiat deposit fees vary by payment method and currency.
MEXC boasts competitive trading fees, with zero fees for specific trading pairs, while Binance offers tiered fees based on trading volume and discounts for BNB holders.
Withdrawal fees on both platforms vary by cryptocurrency and network used, subject to change based on blockchain conditions.
MEXC's best features include deep altcoin liquidity, low fees, MEXC Launchpad, copy trading, and various futures trading options.
Binance's notable features include Binance web3 wallet, NFT marketplace, high liquidity, BNB vault, and diverse earning opportunities like staking and savings.