BinanceMEXC
Trading fees (base tier)
Spot maker0.1%0%
Spot taker0.1%0.05%
Futures maker0.02%0.01%
Futures taker0.05%0.04%
Markets (live)
Coins listed1,1892,016
Coins with perpetuals7441,083
Coins with spot pairs8121,511
24h volume$69.70B$13.71B
Coins only here635 coins trade on both5541,381
New listings (detected live)
Last 30 days810
Last 90 days810
Perpetuals listed on both
Cheaper on more coinsof 550 shared perps, by mid price108 coins213 coins
Average funding (24h)positive = longs pay shorts+0.019%+0.017%
Typical price gapmedian between the two venues0.008%0.008%
Safety and access
Proof of reservesYes · monthlyYes · monthly · Hacken
Licenses2Abu Dhabi (ADGM) authorisation to operate (December 2025), Japan: re-entered via acquisition of Sakura Exchange (November 2022)None listed
Restricted regions7 regionsUnited States (served by separate Binance.US), Canada, Netherlands, United Kingdom (new sign-ups closed), European Union (no MiCA licence since July 2026)…11 regionsUnited States, Mainland China, Canada, United Kingdom, Singapore…
HeadquartersNo official headquarters; operates through regional entities (e.g. Abu Dhabi, Japan)No official HQ disclosed; recent press releases are datelined Mutsamudu, Comoros
Exchange tokenBNBMX
Incidents on record42
Binance or MEXC?
Binance and MEXC are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.
Binance lists 1,189 coins and MEXC 2,016. 635 coins trade on both, 554 only on Binance and 1,381 only on MEXC. In the last 30 days Binance added 8 new coins and MEXC 10.
On the 550 perpetual contracts listed on both exchanges, Binance was cheaper on 108 and MEXC on 213, with a typical gap of 0.008%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was +0.019% on Binance and +0.017% on MEXC.
Fees above are base-tier rates before VIP levels and token discounts; Binance offers 2 discount options and MEXC offers 3 discount options. Availability depends on where you live, so check the restricted regions before signing up.