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.