BingX vs MEXC

Platform Overview

MEXC

MEXC is a fast-growing crypto exchange with a reputation for listing new coins faster than anyone else. It attracts traders who enjoy discovering micro-cap gems and participating in early-stage launches. It’s also well known for low fees and a flexible KYC policy.

BingX

BingX is a newer but rising star, focused on copy trading and social trading features. It caters heavily to beginners and those who want to follow pro traders. Its clean user interface and low entry barriers have made it popular with a global retail audience.

Supported Cryptocurrencies

MEXC clearly wins on token variety, listing over 2,960 cryptocurrencies, including meme coins, niche tokens, and DeFi projects.

BingX supports around 350 coins, focusing more on top cryptos and a few trending altcoins. While it lacks depth in altcoin listings, its selection is curated and stable, making it ideal for beginners.

Fees and Trading Costs

• MEXC offers 0% spot trading fees for spot and futures makers, and takers are charged 0.05% for spot and 0.02% for futures which is lower than BingX.
• BingX charges 0.1% for spot trading and 0.02/0.05% for futures trading.

Both platforms aim to attract users with aggressive fee structures, but MEXC leads with its overall lower cost structure.

User Interface and Experience

When it comes to user experience, both platforms cater well to beginners but differ in design philosophy and feature layout.

• MEXC offers a fast, functional interface with a traditional crypto exchange layout. The trading dashboard includes order books, charts (via TradingView), and depth tools — ideal for users familiar with standard exchange setups. However, the sheer number of features and listed coins can feel overwhelming to new users.

• BingX also uses a standard exchange interface with a clean and simple layout. It separates spot and futures trading clearly and provides a streamlined copy trading section, making it easy for users to follow professional traders. The platform is intuitive, lightweight, and designed to get users trading quickly without extra clutter or distraction.

Overall, BingX wins for ease of navigation, especially for those focused on copy trading or beginner-friendly trading tools, while MEXC appeals more to traders who want feature depth and broader market access.

Derivatives and Leverage Trading

Both platforms offer leveraged trading, but with slightly different focuses:

• MEXC offers a huge range of perpetual contracts, including small-cap tokens you won’t find on most other exchanges. Leverage goes up to 200x on selected pairs.

• BingX focuses more on copy trading futures, and its simplified interface makes it ideal for those who want to trade without complexity.

If you're trading on your own and want variety, MEXC is stronger. If you're copying others or just starting, BingX is more approachable.

Earning Features: Staking, Launchpads, and Yield

• MEXC Earn offers staking, flexible savings, and unique launchpad events like Kickstarter votes and token airdrops.

• BingX has limited passive earning features but is adding new financial tools over time. Its focus remains primarily on trading and social tools.

If you want to earn from idle assets, MEXC is the better choice.

Copy Trading and Social Features

This is where BingX really shines:

• BingX was built around copy trading and allows users to follow top traders, view trade histories, and automatically mirror their strategies.

• MEXC offers copy trading too, but it’s more of an added feature than a core platform focus.

If copy trading is your main goal, BingX is the clear winner.

Security and Trust

• MEXC has a good track record with no major hacks, but provides less transparency around insurance or audits.
• BingX also has a clean security history and offers a transparent trader review system, but it's still building its reputation.

Both are relatively secure, but Binance and Bybit are more battle-tested in this area. Still, no major red flags with either MEXC or BingX so far.

Customer Support

• MEXC provides 24/7 support via live chat and email, with a multilingual help center.

• BingX offers responsive 24/7 support, and its copy trading support is especially helpful for onboarding new users.

Support quality is comparable, but BingX edges ahead for user-friendliness in educational and social features.

Which One Should You Choose?

Choose MEXC if you want:

• Massive selection of tokens
• Anonymous trading with no KYC
• Passive earning and early-stage token launches
• Aggressive trading fee discounts

Choose BingX if you want:

• The easiest copy trading system
• A clean, beginner-friendly interface
• Stable selection of major cryptos
• Social trading tools with clear ROI stats

Conclusion

Both MEXC and BingX offer compelling platforms — it all depends on what you're looking for.

If you're deep into crypto and want to explore obscure coins, earn staking rewards, and avoid KYC, MEXC is hard to beat. On the other hand, if you're looking for a safe and simple way to start trading by copying experts, BingX is one of the best options available in 2025.

You may find that combining both platforms gives you the ultimate flexibility in your crypto strategy.

Still Researching?

To do more research before signing up to either of these platforms, you can read my BingX review (here) and MEXC review (here). You can also read this article on the top cryptocurrency exchanges in the US. I have also included a quick comparison table below that summarizes some key info.