The comparison pits BingX and MEXC across regulatory stance, asset coverage, and platform capabilities. Each brand targets different trader priorities, creating a tense choice for evaluating trust, costs, and tools.
Find out which crypto exchange best suits your trading profile.
Choose if…
BingX: Choose BingX if you value VARA regulation and social copy trading with transparent pricing. MEXC: Choose MEXC if you want 2,000 coins and zero maker fees.
Choose if…
BingX: Choose BingX if you value VARA regulation and social copy trading with transparent pricing. MEXC: Choose MEXC if you want 2,000 coins and zero maker fees.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.6/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | N/A |
| Taker Fee | 0.10% | 0.10% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | MEXC |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Pass |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
The scores are close: BingX rates 3.9/5 and MEXC rates 3.6/5. BingX has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Neither BingX nor MEXC requires a minimum deposit, making both accessible regardless of starting capital.
BingX is regulated by VARA. MEXC is regulated by authorities listed on their website. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
Minimum deposit and negative balance protection data are not confirmed for this pair. Check the regulatory body for each exchange, as the licence tier is a reliable proxy for client fund safety. Also compare demo account availability and educational resources on each exchange's site.
BingX offers up to 150:1 on perpetual or margin products, versus MEXC's 200:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Both BingX and MEXC charge the same commission of $0.1 per trade on applicable accounts. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while MEXC supports MEXC. BingX has exclusive access to Proprietary Web/Mobile. MEXC has exclusive access to MEXC.
BingX scores higher on security criteria, with cold storage and proof of reserves. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
MEXC offers staking while BingX does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check MEXC's supported coins, lock-up terms, and estimated yields before committing.
Both BingX and MEXC list 500+ coins according to our data, making both strong choices for traders seeking broad crypto selection. Check each exchange's specific asset list for the exact coins available in your region.
BingX wins for security due to VARA regulation and monthly Proof of Reserves.
MEXC wins for coin selection with 2,000 coins vs 700 on BingX.
Best for beginners: BingX due to copy trading and strategy transparency.
MEXC offers staking and yield-earning options while BingX does not, making MEXC the better choice for holders who want to earn passive income on their crypto.
Best for low fees: BingX posts lower taker fees at 0.05% versus 0.10% on MEXC.
Equally matched as neither offers DeFi or Web3 features.
| N/A |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | CryptoP2PCredit cardDebit card |
|---|
| Withdrawal methods | CryptoBank transfer | CryptoP2P |
|---|
| Withdrawal Fee | Network fee only | Network fee only |
|---|
| Regulators | VARA | — |
|---|
| Cold Storage | Yes | Yes |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | Yes |
|---|
| P2P Trading | No | Yes |
|---|
| Crypto Earn / Savings | No | Yes |
|---|
| Token Launchpad | No | Yes |
|---|
| Active bonuses | 2 offers | 2 offers |
|---|
BingX edges out MEXC on editorial score thanks to VARA regulation, social trading features, and transparent pricing.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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