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Binance or MEXC

Depth and ecosystem against early listings and a zero maker fee. A look at when each one pays off.

SpreadRadar editorial · pryanik.io · · about authorship and sources

Compared by the numbers

These figures come from the venues themselves. Volume is missing on purpose: every exchange counts it its own way, and on a few the top of the book is tokenised equities. The bottom row counts the P2P currencies our scanner reaches, not everything the venue lists.

BinanceBinance MEXCMEXC
USDT pairs5181,413
Futures contracts8621,112
Networks for USDT198
Cheapest USDT withdrawal0.0100 BSC0.0100 BSC
P2P currencies in our scanner54 currencies60 currencies

Different jobs, not different classes

These venues solve different problems. Binance is the default exchange with the deepest books and a full ecosystem of services. MEXC is where new coins appear first, and where a limit order costs nothing.

Most people keep both rather than choosing one.

Zero maker fee: where MEXC wins outright

On MEXC a limit order that sits in the book and waits to fill costs nothing. This is a standing condition, not a promotion, and it changes the arithmetic of whole strategies.

It shows most clearly in triangular arbitrage: three trades at the usual 0.1% cost 0.3%, more than most routes return. At a zero maker fee those same three trades cost nothing. Among the exchanges we poll, working triangles today are found almost exclusively on MEXC, and this fee is exactly why.

Listings: first to arrive

On spot pair count MEXC is in the top three: fifteen hundred pairs against a strict selection on Binance. A fresh coin almost always trades here before anywhere else, and staking on new coins plus Kickstarter and Launchpad launches come with it.

One practical tip: on a wide listing always look at volume and book depth, not just at the price. The number in a table shows the best price, not how much you can take at it.

What Binance gives you

Spot

Over a thousand pairs and the best book depth on the market.

Futures and options

The full derivatives set.

P2P

The largest in the world.

Earn

Savings, staking, dual investments, auto-invest.

Launchpad and Megadrop

Project launches.

Pay and card

Spend crypto directly.

What MEXC gives you

Spot

Fifteen hundred pairs and a zero maker fee.

Futures

Over a thousand perpetual contracts with published funding rates.

P2P

Hryvnia, tenge, lira and dozens of other currencies.

Earn

Savings and staking, including on brand-new coins.

Kickstarter and Launchpad

Join launches before the big exchanges list them.

Copy trading

Mirror experienced traders.

Free USDT withdrawals on Plasma

Sixteen networks in total.

Who each one suits

Binance — for core trading, large sums and holding. Deeper books, the largest P2P, more services.

MEXC — for limit-order strategies where the fee decides, and for new listings in their first hours.

The pair works better than either alone: Binance covers depth, MEXC covers fresh coins and the zero maker fee.

What the numbers say

Where Binance and MEXC diverge the most

USDT leaves cheaper from Binance: 0.0100 over BSC, against 0.0100 BSC on MEXC. P2P coverage is wider on MEXC: 60 currencies against 54 on Binance. The longer contract list belongs to MEXC — 1,112 perpetuals, against 862. Spot breadth favours MEXC — 1,413 USDT pairs to 518, 2.7× more. Binance lists 19 networks for USDT, MEXC lists 8 — that is freedom of route when you move funds.

The source of these values

Pair counts, withdrawal networks, fee rates and the P2P currency list come from the exchanges own public interfaces. Where a venue withholds a field, the table shows a dash and an explanation.

When they were last updated

Snapshot from 12 November 2026; on the page the figures refresh on every visit.

Binance ↗MEXC ↗

Frequently asked

Is the MEXC fee really zero?
Zero for makers — an order that sits in the book and waits to fill. Buying at market makes you a taker and is charged, though the rate is among the lowest on the market.
Why does MEXC have so many coins?
The exchange deliberately chose early listing: fifteen hundred spot pairs with new coins almost daily.
Which has the deeper book?
Binance: first place on the market for major pairs. On MEXC check volume and depth before a large trade.
Where are withdrawals cheaper?
MEXC withdraws USDT free on the Plasma network, with sixteen networks in total. Live figures for both are in the table at the top of this page.
Can I use both?
That is the standard setup: Binance as the main venue, MEXC for limit strategies and new coins.
MEXC or Binance — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

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