Centralized exchange · since 2018 Global centralized exchange founded in 2018, known for a large token selection and low or zero-fee trading promotions.
New users: Welcome rewards advertised up to 10,000 USDT for new users
Claim on MEXC ↗
Centralized exchange · since 2019 Singapore-based crypto exchange known for free built-in trading bots, with spot, futures and a separate US platform.
New users: Up to 60 USDT in Growth Funds for new users
Claim on Pionex ↗
MEXCPionex
Trading fees (base tier)
Spot maker0%0.05%
Spot taker0.05%0.05%
Futures maker0.01%0.02%
Futures taker0.04%0.05%
Markets (live)
Coins listed2,016685
Coins with perpetuals1,083561
Coins with spot pairs1,511309
24h volume$13.71B$19.67B
Coins only here512 coins trade on both1,504173
New listings (detected live)
Last 30 days100
Last 90 days100
Safety and access
Proof of reservesYes · monthly · HackenYes · Elite Partners; Moore
LicensesNone listed2US FinCEN MSB registration (Pionex.US, with state money transmitter licences/exemptions), Registrations reported in Singapore and Australia
Restricted regions11 regionsUnited States, Mainland China, Canada, United Kingdom, Singapore…17 regionsUnited States (served via separate Pionex.US), China, North Korea, Iran, Cuba…
HeadquartersNo official HQ disclosed; recent press releases are datelined Mutsamudu, ComorosSingapore
Exchange tokenMX—
Incidents on record21
MEXC or Pionex?
MEXC and Pionex 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.
MEXC lists 2,016 coins and Pionex 685. 512 coins trade on both, 1,504 only on MEXC and 173 only on Pionex. In the last 30 days MEXC added 10 new coins and Pionex 0.
Fees above are base-tier rates before VIP levels and token discounts; MEXC offers 3 discount options and Pionex offers 2 discount options. Availability depends on where you live, so check the restricted regions before signing up.