BingX vs MEXC — Which Is Better? Fees, Staking & Winner
BingX: USDT withdrawal via TRC20 — $1.50; MEXC via TRC20 — $0.50. ETH staking: 6.0% vs 15.0%. Live data, updated every 10 min.
Updated:
MEXC leads on 3 of 3 criteria against 0 for BingX — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.
On staking rates, across the coins both exchanges actually list, MEXC is ahead of BingX. If passive income is the priority, the edge is on its side.
MEXC has a lower average USDT fee across shared networks with withdrawals open than BingX. The result may differ on an individual network.
Scorecard
| Criteria | BingX | MEXC | Winner |
|---|---|---|---|
| Staking Coverage (coins) | BingX28 | MEXC21 | Winner Reference |
| Best Rates (top-10 coins) | BingX0 | MEXC7 | Winner MEXC |
| Avg USDT fee on shared networks | BingX$0.62 | MEXC$0.12 | Winner MEXC |
| Funding Coverage (coins) | BingX505 | MEXC590 | Winner Reference |
| Network Availability | BingX46.9% | MEXC82.2% | Winner MEXC |
| Coins in the fee database | BingX1893 | MEXC9608 | Winner Reference |
Rows marked “Reference” show catalogue width — the size of the listing, not the quality of the exchange — and do not count towards the overall result. The result comes from three substantive criteria: staking rates, average withdrawal fee and network availability.
The table shows the average USDT fee across the same set of networks where both exchanges allow withdrawals and publish a fee. The summary shows the fee on the named network (TRC20 first, then other networks), not the absolute minimum. The cheapest transfer between these exchanges is calculated separately and requires deposits on the receiving side.
Which one for which job
An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.
Everything for one coin
Rate, withdrawal and funding per coin at once: BingX on the left, MEXC on the right.
| Coin | Staking APR | Withdrawal, cheapest network | Funding per 8h |
|---|---|---|---|
| BTC staking | Staking APR 4.00% / 600.00% | Withdrawal, cheapest network under $0.01 / under $0.01 BTC / BTC | Funding per 8h +0.0100% / +0.0100% |
| ETH staking | Staking APR 6.00% / 200.00% | Withdrawal, cheapest network under $0.01 / under $0.01 BASE / ARBITRUM | Funding per 8h +0.0100% / +0.0100% |
| USDT staking | Staking APR 8.00% / 600.00% | Withdrawal, cheapest network $0.01 / under $0.01 APTOS / POLYGON | Funding per 8h — / — |
| USDC staking | Staking APR 5.00% / 6.00% | Withdrawal, cheapest network free / free BSC / BSC | Funding per 8h — / -0.0006% |
| SOL staking | Staking APR 10.00% / 200.00% | Withdrawal, cheapest network $0.01 / under $0.01 SOL / SOL | Funding per 8h +0.0088% / +0.0088% |
| BNB staking | Staking APR 2.00% / — | Withdrawal, cheapest network under $0.01 / under $0.01 BSC / BSC | Funding per 8h +0.0100% / +0.0077% |
| XRP staking | Staking APR 1.00% / 5.00% | Withdrawal, cheapest network $0.20 / $0.02 XRP / XRP | Funding per 8h +0.0100% / +0.0098% |
| GRAM staking | Staking APR — / — | Withdrawal, cheapest network $8.00 / under $0.01 TON / TON | Funding per 8h — / +0.0200% |
| ADA staking | Staking APR 5.00% / — | Withdrawal, cheapest network $0.50 / $2.00 ADA / ADA | Funding per 8h +0.0023% / -0.0059% |
| DOGE staking | Staking APR 3.00% / 5.00% | Withdrawal, cheapest network $6.00 / $0.17 BSC / BSC | Funding per 8h +0.0088% / +0.0060% |
| HYPE staking | Staking APR — / — | Withdrawal, cheapest network under $0.01 / under $0.01 HYPEREVM / HYPEREVM | Funding per 8h +0.0050% / +0.0050% |
This pair has no data for that coin.
The fee is the cheapest network with withdrawals open at each exchange; the networks are named separately below the numbers because they often differ. A dash means “not in our data”, not “unsupported”.
How these two differ
BingX and MEXC play the same game — both court retail with a low entry bar — but they lean on different things. BingX is known for social trading: copying trades and a feed of traders sit at the centre of the product. The Yieldo withdrawal fee database has records for 1904 coins at BingX and 9646 at MEXC, with 1629 shared in this sample. This is fee database coverage, not the full trading listings: a missing record does not mean the coin is absent from the exchange.
If you come for a specific token, "which is better" turns into "where does it exist at all".
On access, we could not find a clear statement from BingX about the status of users from Russia, so we claim nothing beyond what is confirmed. MEXC has not introduced restrictions for Russian users and its RUB P2P desk works.
Which one suits you
- → copy trading and social features are the draw
- → you want a simple, uncluttered interface
- → you mostly trade liquid pairs
Access and verification
These terms change more often than the numbers above: every fact carries a check date and a source link.
| Criteria | BingX | MEXC |
|---|---|---|
| Verification (KYC) | BingXRequired | MEXCTiered |
Without verification trading, deposits, fiat rails and Launchpad are closed — only withdrawals remain, capped at 20,000 USDT per 24 hours. Advanced verification opens the rest and raises the 24-hour withdrawal cap to 5,000,000 USDT; some regions apply their own limits.
Do not plan a deposit around an assumed no-KYC withdrawal allowance. MEXC publishes 80 BTC/day for Primary KYC and 200 BTC/day for Advanced KYC. Unverified access depends on the region and account restrictions; verification may be required before withdrawal. An approved withdrawal appeal leaves withdrawal and position-closing permissions only. MEXC KYC FAQ .
This is not legal advice. Exchanges change their rules without notice — check the terms on the platform itself before funding an account.
How to move USDT from BingX to MEXC
What it costs to move $1 000 in USDT over the cheapest route that is actually open right now.
| Network | BingX fee | MEXC fee | BingX → MEXC | MEXC → BingX |
|---|---|---|---|---|
| APTOS on BingX: APT on MEXC: APTOS(APT) | 0.01 | 0.1 | open | open |
| TON on MEXC: TONCOIN(TON) | 0.017 | 0.017 | open | open |
| BSC on BingX: BEP20 on MEXC: BNB SMART CHAIN(BEP20) | 0.15 | 0.01 | open | open |
| ARBITRUM on MEXC: ARBITRUM ONE(ARB) | 0.5 | 0.05 | open | open |
| POLYGON on MEXC: POLYGON(MATIC) | 0.8 | 0.0065 | open | open |
| ETH on BingX: ERC20 on MEXC: ETHEREUM(ERC20) | 1 | 0.094 | open | open |
| SOL on MEXC: SOLANA(SOL) | 1 | 0.18 | open | open |
| TRC20 on MEXC: TRON(TRC20) | 1.5 | 0.5 | open | open |
| OPTIMISM on MEXC: OPTIMISM(OP) | 1 | 0.0078 | unavailable for this amount | unavailable for this amount |
A route requires open withdrawals at the sender and deposits at the receiver on the same network and in the same token form. Selection requires a known fee and a withdrawal minimum compatible with 1,000 USDT. The fee shown is the sender withdrawal fee; verify the terms at both exchanges before transferring.
The transfer is an ordinary blockchain transaction; the sender pays the fee.
- Pick a network open on both sides: right now APTOS — 0.01 USDT on $1,000.
- Copy the deposit address on that network.
- Check the minimum withdrawal amount.
- Send it and wait for confirmations.
Withdrawal reliability
Share of networks closed for withdrawal right now, and how many times withdrawals actually closed over the last 30 days.
Withdrawal fee database coverage
This compares Yieldo withdrawal fee records, not the full trading listings. A missing record does not mean the exchange lacks the coin, its markets or Earn products.
Staking Rate Comparison
| Coin | BingX APR | MEXC APR |
|---|---|---|
| BTC staking | 4.00% | 600.00% |
| ETH staking | 6.00% | 200.00% |
| USDT staking | 8.00% | 600.00% |
| USDC staking | 5.00% | 6.00% |
| SOL staking | 10.00% | 200.00% |
| BNB staking | 2.00% | — |
| XRP staking | 1.00% | 5.00% |
| GRAM staking | — | — |
| ADA staking | 5.00% | — |
| DOGE staking | 3.00% | 5.00% |
Rates over 90 days
A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.
| Coin | BingX | MEXC | ||||||
|---|---|---|---|---|---|---|---|---|
| Now | Average | Range | Changes | Now | Average | Range | Changes | |
| BTC | 4.00% | 4.00% | 4.00–4.00 | 0 | 600.00% | 600.00% | 600.00–600.00 | 0 |
| ETH | 6.00% | 6.00% | 6.00–6.00 | 0 | 200.00% | 200.00% | 200.00–200.00 | 0 |
| USDT | 8.00% | 8.00% | 8.00–8.00 | 0 | 600.00% | 600.00% | 600.00–600.00 | 0 |
| USDC | 5.00% | 5.00% | 5.00–5.00 | 0 | 6.00% | 8.87% | 6.00–11.00 | 3 |
| SOL | 10.00% | 10.00% | 10.00–10.00 | 0 | 200.00% | 200.00% | 200.00–200.00 | 0 |
| BNB | 2.00% | 2.00% | 2.00–2.00 | 0 | — | — | — | — |
| XRP | 1.00% | 1.00% | 1.00–1.00 | 0 | 5.00% | 5.00% | 5.00–5.00 | 0 |
| ADA | 5.00% | 5.00% | 5.00–5.00 | 0 | — | — | — | — |
| DOGE | 3.00% | 3.00% | 3.00–3.00 | 0 | 5.00% | 5.00% | 5.00–5.00 | 0 |
| HYPE | — | — | — | — | 5.00% | 5.00% | 5.00–5.00 | 0 |
A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.
Withdrawal Fee Comparison
Each row compares one coin on one shared network; fees are in units of that coin. BTC includes only Bitcoin and the separate SegWit option; BTC representations on BSC, X Layer and other chains are excluded. The network and token form must match the receiving address details. Open withdrawals do not guarantee open deposits.
| Coin | Network | BingX | MEXC |
|---|---|---|---|
| BTC | BTC |
0.00004
BTC
|
0.00002
BITCOIN(BTC)
|
| ETH | ARBITRUM |
0.0001
ARBITRUM
|
0.0000013
ARBITRUM ONE(ARB)
|
| ETH | BASE |
0.000004
BASE
|
0.0000013
BASE
|
| ETH | BSC |
0.0002
BEP20
|
0.0000082
BNB SMART CHAIN(BEP20)
|
| ETH | ETH |
0.0004
ERC20
|
0.000024
ETHEREUM(ERC20)
|
| ETH | OPTIMISM |
0.0001
OPTIMISM
|
0.0000023
OPTIMISM(OP)
|
| USDT | APTOS |
0.01
APT
|
0.1
APTOS(APT)
|
| USDT | ARBITRUM |
0.5
ARBITRUM
|
0.05
ARBITRUM ONE(ARB)
|
| USDT | BSC |
0.15
BEP20
|
0.01
BNB SMART CHAIN(BEP20)
|
| USDT | ETH |
1
ERC20
|
0.094
ETHEREUM(ERC20)
|
| USDT | OPTIMISM |
1
OPTIMISM
(Disabled)
|
0.0078
OPTIMISM(OP)
|
| USDT | POLYGON |
0.8
POLYGON
|
0.0065
POLYGON(MATIC)
|
| USDT | SOL |
1
SOL
|
0.18
SOLANA(SOL)
|
| USDT | TON |
0.017
TON
|
0.017
TONCOIN(TON)
|
| USDT | TRC20 |
1.5
TRC20
|
0.5
TRON(TRC20)
|
| USDC | APTOS |
0.01
APT
|
1
APTOS(APT)
|
| USDC | ARBITRUM |
0.5
ARBITRUM
|
0.0033
ARBITRUM ONE(ARB)
|
| USDC | ARC |
1.5
ARC
|
0.5
ARC
|
| USDC | AVAX |
0.01
AVAX-C
|
0.00021
AVALANCHE C CHAIN(AVAX CCHAIN)
|
| USDC | BASE |
0.02
BASE
|
0.1
BASE
|
| USDC | BSC |
Free
BEP20
|
Free
BNB SMART CHAIN(BEP20)
|
| USDC | ETH |
1
ERC20
|
0.17
ETHEREUM(ERC20)
|
| USDC | OPTIMISM |
0.3
OPTIMISM
|
0.016
OPTIMISM(OP)
|
| USDC | POLYGON |
0.5
POLYGON
|
0.011
POLYGON(MATIC)
|
| USDC | SOL |
1
SOL
|
0.18
SOLANA(SOL)
|
| USDC | SUI |
0.01
SUI
(Disabled)
|
Free
SUI
|
| USDC | XDC |
Free
XDC
|
1
XDC
|
| SOL | SOL |
0.01
SOL
|
0.000037
SOLANA(SOL)
|
| BNB | BSC |
0.0005
BEP20
|
0.00001
BNB SMART CHAIN(BEP20)
|
| XRP | XRP |
0.2
XRP
|
0.02
RIPPLE(XRP)
|
| GRAM | TON |
8
TON
|
0.0013
TONCOIN(TON)
|
| ADA | ADA |
0.497
ADA
|
2
CARDANO(ADA)
|
| DOGE | BSC |
6
BEP20
|
0.17
BNB SMART CHAIN(BEP20)
|
| HYPE | HYPEREVM |
0.00017
HYPEREVM
|
0.0005
HYPEREVM
|
Funding Rate Comparison
The main rate is normalized to 8 hours: current rate × 8 / exchange interval. Below it are the original rate and interval, plus a simple annualized equivalent. This is an extrapolation, not a payment forecast. Positive: longs pay shorts; negative: shorts pay longs.
| Coin | BingX | MEXC |
|---|---|---|
| BTC |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| ETH |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0100%
+0.0100% per 8 h
10.95% annualized
|
| USDC | — |
-0.0006%
-0.0006% per 8 h
-0.66% annualized
|
| SOL |
0.0088%
+0.0088% per 8 h
9.64% annualized
|
0.0088%
+0.0088% per 8 h
9.64% annualized
|
| BNB |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0077%
+0.0077% per 8 h
8.43% annualized
|
| XRP |
0.0100%
+0.0100% per 8 h
10.95% annualized
|
0.0098%
+0.0098% per 8 h
10.73% annualized
|
| GRAM | — |
0.0200%
+0.0200% per 8 h
21.90% annualized
|
| ADA |
0.0023%
+0.0023% per 8 h
2.52% annualized
|
-0.0059%
-0.0059% per 8 h
-6.46% annualized
|
| DOGE |
0.0088%
+0.0088% per 8 h
9.64% annualized
|
0.0060%
+0.0060% per 8 h
6.57% annualized
|
| HYPE |
0.0050%
+0.0050% per 8 h
5.48% annualized
|
0.0050%
+0.0050% per 8 h
5.48% annualized
|
Funding on average
Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.
| Coin | BingX | MEXC | ||
|---|---|---|---|---|
| 7 days | 30 days | 7 days | 30 days | |
| ADA | +5.31% | +8.66% | -0.32% | +5.71% |
| BTC | +9.04% | +7.53% | +4.69% | +3.52% |
| DOGE | +8.49% | +10.20% | +3.49% | +5.87% |
| ETH | +8.18% | +7.80% | +4.34% | +4.03% |
| GRAM | — | — | +21.90% | +21.89% |
| HYPE | +5.14% | +4.25% | +3.86% | +2.48% |
| SOL | +6.57% | +7.29% | +2.93% | +3.45% |
| XRP | +5.57% | +8.86% | -0.53% | +3.41% |
Arbitrage Opportunities
Current price spreads between BingX and MEXC.
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| TOWER | MEXC | BingX | 18.40% |
| ZEREBRO | MEXC | BingX | 4.13% |
| AVA | MEXC | BingX | 2.76% |
| CELL | BingX | MEXC | 2.36% |
| FAR | BingX | MEXC | 2.16% |
| EGLD | MEXC | BingX | 2.14% |
| SLP | MEXC | BingX | 2.10% |
| ARTX | BingX | MEXC | 1.59% |
| BLUAI | MEXC | BingX | 1.44% |
| DMTR | BingX | MEXC | 1.39% |
FAQ
Which is better: BingX or MEXC?
Which lists more coins?
Is verification required?
How do I move funds between them?
What to choose
MEXC leads on 3 of 3 criteria against 0 for BingX — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.