MEXC vs Coinbase

Platform Overview

MEXC

MEXC is a fast-growing global crypto exchange known for its unmatched selection of coins and early token listings. It appeals to altcoin hunters, traders seeking low fees, and users who want flexible KYC rules. It also offers copy trading, derivatives, and staking through MEXC Earn.

Coinbase

Coinbase is a U.S.-based, publicly traded company that prioritizes simplicity and regulatory compliance. It is one of the most beginner-friendly exchanges and offers strong custodial services, making it popular among retail investors and institutions alike.

Supported Cryptocurrencies

• MEXC lists more than [MEXC] cryptocurrencies, including microcaps, meme coins, and early-stage projects. It’s one of the broadest selections in the industry.
• Coinbase supports roughly 250 coins, with a strong focus on quality, compliance, and U.S. regulations.

If you're looking for the next big token before it gets mainstream attention, MEXC is the clear choice.

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.
• Coinbase charges extremely high fees for instant buy, starting at 1.49% for payments made with a US Bank account, up to 3.99% for debit card and PayPal purchases. This doesn't even include the spread which is 0.50%. To access lower fees, you can use Coinbase Advanced where you spot trade on the market. The fees are 0.40% for makers and 0.60% for takers, still much higher than MEXC (0.0% for makers and 0.05% for takers).

User Interface and Trading Costs

• MEXC uses a feature-rich layout, ideal for experienced users. It includes TradingView charts, in-depth token info, and hundreds of trading pairs.

• Coinbase has a simple, beginner-friendly interface designed for ease of use. With just a few taps, users can buy, sell, or convert crypto. Coinbase Advanced unlocks more trading tools for seasoned users.

Coinbase wins for simplicity, while MEXC caters better to active and technical traders.

Derivatives and Leverage Trading

• MEXC supports hundreds of futures trading pairs, with leverage up to 200x on selected contracts. It's ideal for high-risk or strategic traders.

• Coinbase does not offer derivatives or leveraged trading, focusing instead on spot purchases and long-term custody.

If you’re interested in advanced trading tools, MEXC is far more feature-rich.

Earning Features: Staking, Launchpads, and Yield

• MEXC Earn includes staking, flexible savings, Kickstarter token voting events, and launchpads for new projects.

• Coinbase offers staking on major tokens, like ETH, ADA, and SOL. It also provides simple APY rates for holding selected assets.

For experimental or high-yield earning, MEXC leads. For secure, regulated staking, Coinbase is more conservative but reliable.

Copy Trading and Social Features

• MEXC supports copy trading, allowing users to follow top traders and automatically mirror their positions.

• Coinbase does not offer copy trading, instead focusing on educational content and self-managed portfolios.

If you’re new to trading or want to learn from experts, MEXC’s copy trading system is a valuable feature.

Security and Trust

• Coinbase is regulated in the U.S., publicly listed on the NASDAQ, and holds the majority of customer funds in insured cold storage.

• MEXC uses standard security measures but does not have the same level of regulatory transparency. It’s trusted in Asia and Europe but less recognized by U.S. institutions.

For high-net-worth users or institutional investors, Coinbase is a safer long-term custodial solution. For global users seeking access and flexibility, MEXC still earns strong trust.

Customer Support

• MEXC offers 24/7 live chat and multilingual support, with a solid help center for self-service.

• Coinbase also offers 24/7 support via live chat and email, along with phone support for urgent account issues.

Support is strong on both sides, but Coinbase has the edge in regulated complaint handling and U.S.-based service standards.

Which One Should You Choose?

Choose MEXC if you want:

• Access to 2,960+ coins and early altcoin launches
• Anonymous trading with no KYC
• Copy trading and futures contracts
• Low fees and experimental earning tools

Choose Coinbase if you want:

• A regulated, U.S.-based exchange
• The easiest possible experience for buying crypto
• Strong custodial storage and security
• Staking on major tokens with peace of mind

Conclusion

Coinbase is a great choice for beginners, long-term investors, and anyone who values regulation, simplicity, and U.S. oversight.
MEXC, on the other hand, is a better option for active traders, altcoin explorers, and those who want more control — with or without KYC.

Many savvy users use Coinbase to onboard funds, then transfer to MEXC to trade more creatively.

Still Researching?

To do more research before signing up to either of these platforms, you can read my Coinbase 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.