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Binance vs MEXC (2026): Which Is Better?
Licences, fees, leverage, minimum deposit and features compared side by side. Our pick: Binance (9.3/10).
| B | M | |
|---|---|---|
| Our score | 9.3/10 | 9.0/10 |
| Founded | 2017 | 2018 |
| Minimum deposit | No minimum (crypto) | No minimum (crypto) |
| Max leverage | Up to 125x on futures | Up to 200x on futures |
| Fees | Spot 0.10% / 0.10% (25% off with BNB) · Futures 0.02% maker / 0.05% taker | Spot 0% maker / 0.05% taker · Futures 0% maker / 0.01–0.02% taker |
| Coins | 500+ coins, 1,500+ pairs | 2,700+ coins, 800+ futures pairs |
| Copy trading | Yes | Yes |
| Licences | VARA, ADGM, AMF, OAM, Bank of Spain, Poland, FI, CBB, AFSA, FIU-IND | Registered: Seychelles |
| Available in | ~230 countries | ~227 countries |
| Best for | Beginners and all-round traders who want maximum liquidity | Altcoin hunters, low-fee spot and futures trading |
| Visit Site | Visit Site |
Why choose Binance
- Deepest liquidity and largest trading volume
- Spot, futures, options, Earn and P2P in one app
- Licences in Dubai, Abu Dhabi, Bahrain, Kazakhstan and the EU
- Low fees with BNB discount
Why choose MEXC
- 2,700+ coins — new tokens list first
- 0% maker fees on spot and futures
- Ultra-low futures taker fees
- Up to 200x leverage with copy trading
Verdict
Binance is the world's largest crypto exchange by trading volume, offering spot, futures, options, P2P trading, Earn products and a Web3 wallet in one app. It holds licences and registrations in more jurisdictions than almost any rival.
MEXC is famous for listing new altcoins first and for some of the lowest trading fees in the industry — 0% maker fees on spot and futures. With 2,700+ coins and up to 200x leverage, it is a favourite of altcoin and futures traders.
Binance edges ahead in our rating, but many traders open both accounts and use each for what it does best.
Frequently asked questions
Which is better, Binance or MEXC?
Both are excellent. Binance scores slightly higher in our rating. Choose Binance for: beginners and all-round traders who want maximum liquidity. Choose MEXC for: altcoin hunters, low-fee spot and futures trading.
Which has the lower minimum deposit, Binance or MEXC?
Binance: No minimum (crypto). MEXC: No minimum (crypto).
How are Binance and MEXC regulated?
Binance: Licensed or registered in many markets, including Dubai (VARA), Abu Dhabi (FSRA), France (AMF), Italy, Spain, Poland, Sweden, Bahrain (CBB), Kazakhstan (AFSA) and India (FIU-IND). MEXC: Registered company headquartered in Seychelles, serving users in 170+ countries.