Lower Fees
0.05
%
Taker Fee ·
BingX
Higher Volume
$12.08B
Taker Fee ·
MEXC
More Leverage
200x
Taker Fee ·
MEXC
Higher Rating
7.25
/10
Taker Fee ·
BingX
Rating
About
BingX, founded in 2018 by Josh Lu, provides deep liquidity and competitive trading volumes for crypto perpetuals.
Serving over 20M global users, BingX offers spot trading, derivatives, copy trading, and asset management, featuring leverage up to 125x.
Licensed in Lithuania (FSIC), BingX secures user assets through Mazars-verified Proof of Reserves, regular CertiK security audits, and two-factor authentication.
MEXC, founded in 2018 by John Chen, is a major crypto exchange offering perpetual futures with leverage up to 200x and access to over 2,900 cryptocurrencies.
Serving 30 million traders in 170 countries, MEXC features low futures fees, diverse altcoin markets, and special perks for high-volume users.
While it provides robust security through Proof of Reserves and cold storage, MEXC remains unlicensed by major regulators and has drawn warnings from several global financial bodies.
Volume & Liquidity
BingX | MEXC | ||
|---|---|---|---|
Perpetuals Volume (24H) | $4.90B | $12.08B | |
Crypto Options Volume (24H) | $0 | $0 | |
Open Interest (24H) | $3.35B | $7.52B |
Fees & Costs
BingX | MEXC | ||
|---|---|---|---|
Taker Fees | 0.05 % | 0.02 % | |
Maker Fees | 0.02 % | 0 % |
Live Funding Rates

BTC Funding Rate
USDT Settlement
BingX
0.0100%
MEXC
0.0025%

ETH Funding Rate
USDT Settlement
BingX
0.0052%
MEXC
-0.0006%

SOL/USDT
USDT Settlement
BingX
0.0058%
MEXC
-0.0016%

BNB/USDT
USDT Settlement
BingX
0.0080%
MEXC
-0.0008%
Trading Features
BingX | MEXC | ||
|---|---|---|---|
Perpetual Contract Types | USDT and USDC | USDT only | |
Available Leverage | 125x | 200x | |
Spot Assets | 1000 | 2900 |
Regulation & Trust
BingX | MEXC | ||
|---|---|---|---|
Regulation | Only regulated by FSIC (Lithuania) | Unlicensed (Previous Licenses revoked in Seychelles & Estonia) | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 150 | 170 | |
Total Users | 20 Million | 30 Million | |
Headquarters | Singapore | Seychelles |
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