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MEXC vs. Binance: A Guide to the Best Crypto Exchanges in 2025

  • Binance and MEXC are prominent cryptocurrency exchanges in 2025, each with distinctive offerings.
  • Binance, founded in 2017, is the largest crypto exchange globally, offering various trading services and its native token BNB.
  • MEXC, founded in 2018, is known for its altcoin selection, futures trading, and its native token MX.
  • Binance supports 481 cryptocurrencies while MEXC offers 2,948, appealing to traders seeking diverse options.
  • Binance features extensive trading options, including spot, margin, and derivatives, along with a notable futures trading platform.
  • MEXC stands out for its vast selection of over 1,500 cryptocurrencies and leverage up to 200x, attracting risk-tolerant traders.
  • Binance employs a tiered fee structure, while MEXC offers zero-fee spot trading, making it cost-effective for frequent traders.
  • Binance prioritizes security with SAFU and 2FA, but faces regulatory challenges, whereas MEXC operates in a more flexible regulatory environment.
  • Binance's platform caters to both beginners and professionals with multiple interfaces, while MEXC's interface is simplified but may have occasional lag issues.
  • Binance offers features like Binance Pay and NFT Marketplace while MEXC provides zero-fee spot trading and high-leverage futures.

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