BingX vs MEXC — Which Is Better? Fees, Staking & Winner
BingX USDT fee: $1.50 vs MEXC $0.50. ETH staking: 6.0% vs 15.0%. Live data, updated every 10 min.
Our Verdict
MEXC leads on 5 of 6 criteria against 1 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.
On USDT withdrawal fees MEXC is cheaper than BingX. That shows up on frequent withdrawals, where the gap compounds.
Scorecard
| Criteria | BingX | MEXC | Winner |
|---|---|---|---|
| Staking Coverage (coins) | 29 | 24 | BingX |
| Best Rates (top-10 coins) | 0 | 7 | MEXC |
| Avg USDT Fee | 0.66 | 0.20 | MEXC |
| Funding Coverage (coins) | 405 | 486 | MEXC |
| Network Availability | 48.6% | 80.7% | MEXC |
| Withdrawal Coins | 1871 | 9513 | MEXC |
The average USDT fee is computed across all of the exchange's networks; the line under the page heading shows a different figure — the cheapest available network. Hence the two numbers differ: one answers "how much on average", the other "how much if you pick the best route".
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.
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. MEXC leans on listings: 9513 coins with withdrawal data against 1871 on BingX.
The pair shares 1603 coins, a minority of either list — outside the majors these venues barely overlap. 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
- → you need breadth: 7910 coins exist only here
- → a RUB P2P desk matters
- → you would rather not verify for small amounts
How to move funds
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.
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 |
|---|---|---|
| Users from Russia | Not confirmed | Works |
| Verification (KYC) | Tiered | Tiered |
| RUB top-up via P2P | — | Yes |
| RUB card top-up | — | — |
We found no statement from the platform about the status of users from Russia, and secondary sources disagree — so the status is unconfirmed. Check the terms inside your account.
Verification is tiered: basic operations work under caps, and raising the tier lifts them.
The platform has not introduced restrictions for users from Russia and its RUB P2P desk works.
Verification is not required for basic trading and withdrawals: without it a region-dependent daily cap applies. KYC raises the limits and unlocks fiat rails.
This is not legal advice. Exchanges change their rules without notice — check the terms on the platform itself before funding an account.
Best For
Moving funds between them
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 | 0.01 | 0.1 | open | open |
| AVAX | 0.01 | 0.0001 | closed | open |
| TON | 0.017 | 0.017 | open | open |
| BSC | 0.15 | 0.01 | open | open |
| ARBITRUM | 0.5 | 0.05 | open | open |
| POLYGON | 0.8 | 0.0065 | open | open |
| ETH | 1 | 0.094 | open | open |
| OPTIMISM | 1 | 0.0078 | open | open |
| SOL | 1 | 0.18 | open | open |
| TRC20 | 1.5 | 0.5 | open | open |
A route only works if the sender allows withdrawals on that network and the receiver accepts deposits on it. The fee shown is the network withdrawal fee; the receiving exchange does not charge for the deposit.
Withdrawal reliability
Share of networks closed for withdrawal right now, and how many times withdrawals actually closed over the last 30 days.
Coins and networks
The two coin lists overlap only partly — here is exactly where they diverge.
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 | 10.00% | 11.25% | 10.00–12.00 | 2 |
| 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% | 5.45% | 5.00–6.00 | 1 |
| ADA | 5.00% | 5.00% | 5.00–5.00 | 0 | — | — | — | — |
| DOGE | 3.00% | 3.00% | 3.00–3.00 | 0 | 5.00% | 5.50% | 5.00–6.00 | 1 |
| HYPE | — | — | — | — | 5.00% | 5.47% | 5.00–6.00 | 1 |
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.
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 | +9.58% | +5.62% | +2.35% | +5.41% |
| BTC | +5.66% | +4.42% | +8.96% | +7.41% |
| DOGE | +9.88% | +10.62% | +7.25% | +7.44% |
| ETH | +8.59% | +5.29% | +5.13% | +5.76% |
| GRAM | — | — | +21.90% | +21.87% |
| HYPE | +0.29% | +3.20% | +3.44% | +4.07% |
| SOL | +5.02% | +5.54% | -1.94% | +4.05% |
| XRP | +8.80% | +9.11% | +3.03% | +3.46% |
Staking Rate Comparison
Withdrawal Fee Comparison
Side-by-side withdrawal fees for popular coins on the best available network.
| Coin | Network | BingX | MEXC |
|---|---|---|---|
| BTC | BEP20 | 0.000001 | 0.00000025 |
| ETH | ARBITRUM | 0.0001 | 0.0000018 |
| USDT | APT | 0.01 | 0.1 |
| USDC | APT | 0.01 | 1 |
| SOL | SOL | 0.01 | 0.000037 |
| BNB | BEP20 | 0.0005 | 0.00001 |
| XRP | XRP | 0.2 | 0.02 |
| GRAM | TON | 8 | 0.0013 |
| ADA | ADA | 0.5 | 2 |
| DOGE | BEP20 | 0.25 | 0.17 |
| HYPE | HYPEREVM | 0.000589 | 0.0005 |
Funding Rate Comparison
Current perpetual futures funding rates for popular coins.
| Coin | BingX | MEXC |
|---|---|---|
| BTC | +0.0100% | +0.0091% |
| ETH | +0.0100% | +0.0023% |
| USDC | — | +0.0052% |
| SOL | +0.0033% | -0.0007% |
| BNB | +0.0095% | +0.0000% |
| XRP | +0.0100% | +0.0090% |
| GRAM | — | +0.0200% |
| ADA | +0.0100% | +0.0043% |
| DOGE | +0.0100% | +0.0088% |
| HYPE | -0.0017% | +0.0050% |
Arbitrage Opportunities
Current price spreads between BingX and MEXC.
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| ZIL | BingX | MEXC | 18.13% |
| APTM | BingX | MEXC | 17.65% |
| FOG | BingX | MEXC | 7.57% |
| ONE | MEXC | BingX | 5.55% |
| ANSEM | MEXC | BingX | 3.96% |
| TRADOOR | BingX | MEXC | 3.92% |
| OMI | BingX | MEXC | 3.12% |
| BONER | BingX | MEXC | 2.09% |
| MELANIA | BingX | MEXC | 1.87% |
| MEY | BingX | MEXC | 1.85% |