BingX vs MEXC (2026): Fees, Safety, Features and Which to Choose
Last updated: November 1, 2026.
Disclosure: the BingX and MEXC sign-up links on this page are affiliate (referral) links. If you sign up through them we may earn a commission at no extra cost to you. It does not change our comparison; see our affiliate disclosure and review method.
Risk warning: crypto trading and leverage are high risk and you can lose all of your money. This is general information, not financial advice. Check that each exchange is legal and available in your country.
Short answer: MEXC is cheaper for spot trading (0% maker fee) and lists far more tokens, but it has drawn regulator warnings and offers leverage up to 500x. BingX charges a standard 0.10% on spot, is built around copy trading and bots, and was hacked for about $43 million in 2024. Both are closed to US and Canadian residents. Pick based on how you trade and what is legal where you live.
BingX vs MEXC at a Glance
| BingX | MEXC | |
|---|---|---|
| Spot fee (regular user) | 0.10% maker / 0.10% taker | 0% maker / 0-0.05% taker (0.04% with MX discount) |
| Perpetual futures | 0.02% maker / 0.05% taker | 0-0.04% maker / 0-0.10% taker by contract |
| VIP fee levels | Elite, VIP 1-5 and Supreme VIP (spot as low as 0.005% / 0.02%) | VIP program with M-Score rewards |
| Known for | Copy trading, trading bots, TradFi | Huge token list, 0% maker fees, high-leverage futures |
| Highest leverage shown | Varies by contract | Up to 500x on BTC and ETH, 1000x on gold (homepage) |
| Crypto deposit fee | Check the deposit page | Free |
| USDT withdrawal on BNB Chain | Typically under about $0.50 (BingX guide) | About 0.01 USDT (MEXC articles) |
| Security incident | About $43 million hot wallet hack, September 2024 | No major hack found; account-freeze controversy in 2025 |
| Regulatory notes | Restricted jurisdictions include the US and Canada | Warnings or blocks in Hong Kong, Japan, Germany and South Korea; restricted in the US, Canada, UK and others |
Fees
MEXC is clearly cheaper on spot: a 0% maker fee and a taker fee of at most 0.05%, against BingX’s 0.10% for regular users. On perpetual futures the two are close, with BingX at 0.02% maker and 0.05% taker for regular users. MEXC’s API orders follow a separate, higher schedule according to its own guide, so bot traders should check it. See our full fee tables in the BingX review and MEXC review.
Products
- BingX: copy trading is the core product, along with grid and other bots, perpetual and standard futures, TradFi markets for stocks and commodities, Wealth earning products and a card.
- MEXC: spot and futures with a very large list of tokens including new listings, Earn and event rewards, and stock and TradFi markets.
Safety and Regulation
BingX lost about $43 million from hot wallets on September 20, 2024, paused withdrawals and promised compensation. MEXC has no major reported hack that we found, but Hong Kong’s SFC, Japan’s FSA and Germany’s BaFin have warned about it, South Korea blocked its website in October 2026, and a 2025 account-freeze dispute led it to tighten risk controls. Neither is a regulated bank, and neither protects deposits. Keep only what you trade on an exchange and use two-factor authentication.
Availability
BingX lists the United States and Canada among its restricted jurisdictions. MEXC’s guide to its user agreement lists the United States, Canada, the United Kingdom, Singapore, Hong Kong and mainland China among others. Lists change, so read each exchange’s current terms.
Who Should Choose Which?
| If you want… | Choose |
|---|---|
| The lowest spot maker fees and the widest token list | MEXC (accepting the regulatory and leverage risks) |
| Copy trading and bots in one app | BingX |
| Standard fees with fewer regulator warnings in the news | BingX, or a larger exchange such as Bybit or Binance |
| Early access to new tokens | MEXC, with great care about scams and low liquidity |
BingX vs MEXC FAQ
Which has lower fees?
MEXC for spot (0% maker). BingX and MEXC are similar on perpetual futures.
Which is safer?
Neither is risk free. BingX was hacked in 2024; MEXC has regulator warnings and a past account-freeze controversy. Use strong security settings and keep long-term funds in your own wallet.
Which is better for copy trading?
BingX, where copy trading is a main product.
Are they available in the US?
No. Both exclude US and Canadian residents.
Our Verdict
MEXC wins on cost and token variety, BingX on copy trading and a more conventional fee structure. If you decide to try one, you can look at MEXC or BingX, start small and test a withdrawal early. For a wider view, read our best crypto exchanges comparison.
Method: fees are from each exchange’s official fee pages as read on November 1, 2026; withdrawal figures are from each exchange’s own help or learning articles and are indicative; regulatory events are from CoinDesk and The Block reports. Fees and restrictions change, so confirm them on the official sites.