MEXC fees and review
Zero maker fees, the widest small-cap listing catalogue, and the highest advertised commission.
Referral code
Registering through this link applies the code automatically. Confirm it appears on the registration form before submitting.
Restricted countries
MEXC trading fees
Standard-tier rates. What a newly created account pays before any volume or token discounts.
| Specifications | Maker | Taker | With the referral code applied |
|---|---|---|---|
| Spot | 0.00% | 0.05% | 0.00% / 0.045% |
| Futures | 0.00% | 0.02% | 0.00% / 0.018% |
Rates change. Confirm on the official fee schedule before funding an account. Terms verified Aug 14, 2026
MEXC advertises up to 70% commission to affiliates, paid Daily. The discount above is the portion passed on to you.
Review
MEXC's fee schedule is the most aggressive in this comparison and it is not close. Maker orders are free on both spot and futures, and the taker rates, 0.05% spot, 0.02% futures — undercut every other exchange here. For a trader who works limit orders, the trading cost on MEXC rounds to zero.
That structure changes which exchange is cheapest depending on how you trade, which is exactly what the calculator on this site is for. A market-order trader on MEXC pays 0.02% on futures against Binance's 0.05%. Already better. A limit-order trader pays nothing at all, and no referral discount anywhere else can compete with zero.
MEXC also lists far more assets than anyone else here, in the thousands. It is frequently the first centralised venue to list a new token, which is useful and risky in equal measure: many of those listings have almost no liquidity, wide spreads, and price action driven by a handful of participants. Treat the listing count as access, not as endorsement.
Verification requirements are lighter than most competitors. MEXC permits meaningful withdrawal limits without full KYC, which some traders specifically want. It is worth understanding that this cuts both ways: lighter verification is a signal about the regulatory posture of the venue, and that posture is part of what you are accepting when you keep a balance there.
The trade-off for all of this is depth on major pairs. MEXC's order books on BTC and ETH are thinner than Binance's or Bybit's, so a large market order will move the price against you more. On a big position, that slippage can easily exceed everything you saved on fees. MEXC is excellent for small and mid-size orders and for small-cap access; it is not the venue for size on majors.
What it does well
- Zero maker fees on both spot and futures, no referral discount elsewhere can beat free
- Lowest taker fees in this comparison at 0.05% spot and 0.02% futures
- By far the widest listing catalogue, often first to list new tokens
- Highest advertised affiliate commission of any exchange here
- Lighter verification requirements than most competitors
- Commission settles daily
Where it falls short
- Thinner order books on major pairs than Binance or Bybit, slippage can exceed the fee saving on large orders
- Many listed assets have very low liquidity and wide spreads
- Lighter KYC reflects a regulatory posture you should understand before holding a balance
- Not available to US or Canadian residents
How to register with the MEXC code
Register through the referral link
MEXC carries the invite code as a URL parameter. It binds at account creation and cannot be added later.
Check the invite code field before submitting
The registration form shows the code when the link carried it correctly. If it is blank, enter the code manually.
Decide on verification level
MEXC allows some activity without full KYC but with lower withdrawal limits. Complete verification if you intend to move meaningful size, and do it before depositing rather than after.
Check order book depth before trading a small cap
On a thinly traded listing, look at the actual bid and ask sizes rather than the 24-hour volume figure. If the visible depth is smaller than your intended position, you will move the price against yourself getting in and again getting out.
MEXC at a glance
- Founded
- 2018
- Headquarters
- Seychelles
- Listed assets
- 2,800+
- Max leverage
- 200x
- KYC
- Optional at low tiers
- Fiat currencies
- USD, EUR, TRY, VND, BRL
- Korean interface
- Yes
- Restricted countries
- United States, Canada
MEXC FAQ
- Does MEXC really have zero maker fees?
- Yes. MEXC charges nothing on maker orders on both spot and futures at the standard tier. Taker orders cost 0.05% on spot and 0.02% on futures, which are also the lowest in this comparison.
- Is MEXC cheaper than Binance?
- On the published fee schedule, clearly yes. Zero maker against Binance's 0.02% on futures, and 0.02% taker against 0.05%. On large orders in major pairs the answer can reverse, because Binance's deeper order book means less slippage, and slippage on size is usually larger than the fee difference.
- Does MEXC require KYC?
- Not for all activity. MEXC permits trading and limited withdrawals without full verification, with higher limits unlocked once you verify. Requirements change, so confirm the current thresholds on MEXC's own site.
- Why does MEXC list so many coins?
- MEXC lists new tokens aggressively and is often the first centralised exchange to do so. That is useful for access, but many of those markets have very thin liquidity and a listing is not a quality signal.
- How much commission does MEXC pay affiliates?
- MEXC advertises the highest rate of any exchange in this comparison, settled daily. The referral discount shown on this page is the portion of that passed on to you.