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MEXC vs Toobit

MEXC collects new coins, Toobit collects leverage and contracts. Different jobs, usually done on different venues.

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

Compared by the numbers

Everything below is read from the platforms directly. We leave volume out by choice — the methods differ too much for an honest comparison. And the P2P row measures our own scanner’s reach, not the exchange’s full currency list.

MEXCMEXC ToobitToobit
USDT pairs1,396522
Futures contracts1,115371
Networks for USDT810
Cheapest USDT withdrawal0.0100 BSC0.10 OPTIMISM
P2P currencies in our scanner22 currencies6 currencies

In short: the difference

How MEXC differs from Toobit

MEXC is the exchange with the longest ticker list. On the market since 2018, jurisdiction: Seychelles, its own MX token.

Toobit is a venue where contracts come before spot. On the market since 2022, jurisdiction: Seychelles, its own TBT token.

What MEXC gives you

The terminal is strong on contracts, but MEXC has its own ground: Coins arrive here before they reach the majors: fifteen hundred spot pairs and over a thousand perpetuals, among the broadest selections we cover. P2P, savings and staking, Kickstarter and copy trading are all present. The spot maker fee is zero and USDT leaves free over Plasma.

Where MEXC is strong

a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs.

What Toobit gives you

Against an early-listing venue, Toobit plays a different game: Derivatives come first here: over seven hundred perpetual contracts against USDT, with five hundred-plus spot pairs beside them. There is P2P, copy trading, Earn yield products and the TBT token. Its distinctive trait is how much the exit price depends on the network: the gap between cheap and dear is larger than at any other venue we cover.

Where Toobit is strong

700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.

What decides it

Fees, withdrawals and limits: where the gap shows

  • Age. MEXC has run since 2018, Toobit since 2022 — a gap of 4 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
  • Native tokens. MEXC has MX, Toobit has TBT: holders usually get fee discounts and access to launches.
  • Strengths side by side. MEXC: a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs; Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
  • Which job. MEXC is for anyone chasing new coins and working from a wide list, while Toobit is for derivatives trading and for anyone who picks the network by price.
  • Worth remembering. MEXC: among thousands of pairs many are very thin: check the book before size. Toobit: coins bought on P2P become withdrawable the next day — plan around it.

Which one fits you

Who MEXC suits

MEXC — for anyone chasing new coins and working from a wide list.

Who Toobit suits

Toobit — for derivatives trading and for anyone who picks the network by price.

What people ask most

Questions about MEXC

MEXC: Can I trade without verification? Spot is available with daily withdrawal limits. Lifting them, and P2P, require verification.

MEXC: Is MEXC good for arbitrage? For same-venue arbitrage, yes, thanks to the zero maker fee. For cross-venue you must watch volume: on thin pairs a visible price gap is often unfillable.

MEXC: What does trading on MEXC cost? The spot maker fee is zero. Under the zero-fee programme both sides are free; under the later standard model the taker pays 0.05%. The rate on your own fee page takes priority. Contracts are 0.01% maker and 0.04% taker as standard.

Questions about Toobit

Toobit: Does Toobit support the hryvnia in P2P? The P2P launch notice lists fifteen currencies and the hryvnia is not among them. Support for over thirty is advertised but no full list was published — check the P2P filter.

Toobit: Which network is cheapest for USDT withdrawals? Neither Ethereum nor TRON: the BNB-based and Optimism networks come out cheapest, and the gap reaches hundreds of times. Exact values are in the table at the top of this page.

Toobit: How long has Toobit been running? Since 2022, registered in the Seychelles — the youngest venue in our review. We would not advise holding long-term balances on an exchange, here or anywhere.

Both at once

When it makes sense to keep accounts on both MEXC and Toobit

You do not have to pick one. Two accounts give you a fallback when the coin or network you need exists only on the other venue. The coin is bought where it already trades, moved across and shorted with a contract on the other — that locks the price while the transfer runs.

Live numbers

Live MEXC and Toobit prices side by side

The table above is built from our own market snapshots: USDT pairs, perpetual contracts, P2P ads and currencies, withdrawal networks and the cheapest one. MEXC and Toobit can be compared on facts rather than promises.

Where these numbers come from

Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.

How often they refresh

Spot and futures every few seconds; fee tiers and withdrawal networks once a day.

What the numbers say

What differs most in the MEXC and Toobit numbers

In our scanner MEXC shows P2P in 22 currencies, Toobit in 6. USDT leaves Toobit over 10 networks and MEXC over 8: the wider the choice, the easier a cheap bridge is to find. The spot lists differ by 2.7× — 1,396 USDT pairs on MEXC, 522 on the other side. The longer contract list belongs to MEXC — 1,115 perpetuals, against 371. Moving USDT costs less on MEXC: 0.0100 over BSC, where Toobit wants 0.10 OPTIMISM.

What this comparison is built on

Every value in the table is read from the venues themselves: pairs, networks, fee tiers, P2P currencies. We add no estimates of our own and spell out the fields that are missing.

When they were last updated

Snapshot from 13 November 2026; on the page the figures refresh on every visit.

MEXC ↗Toobit ↗

Frequently asked

Toobit or MEXC — 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.

Other comparisons and walkthroughs

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