Binance vs MEXC: fees compared

Every fee that costs you money on Binance and MEXC, side by side — trading fees at each VIP tier, withdrawal fees coin by coin, deposits and fiat. Sourced from each exchange’s own fee pages.

BinanceRank #1 · founded 2017

0.1%spot taker0.05%futures taker866coins to withdraw$80.61Bvolume 24h

Trade on Binance ↗Referral

MEXCRank #9 · founded 2018

0–0.05%spot taker0–0.1%futures taker9,474coins to withdraw$15.26Bvolume 24h

Trade on MEXC ↗Referral

The short answer

4Binancecategories won1 tied7MEXC

MEXC charges 0–0.05% on spot taker orders versus 0.1% on Binance.
On futures, MEXC is cheaper for takers (0–0.1% vs 0.05%).
Binance has the cheaper withdrawal fee on 314 of the 464 coins both exchanges list (25 tie).
Binance publishes the deeper VIP ladder (10 tiers), so high-volume traders can push fees lower there.

Head-to-head

Fee	Binance	MEXC
Trading fees
Spot maker	0.1%	0%cheaper
Spot taker	0.1%	0–0.05%cheaper
Futures maker	0.02%	0–0.04%cheaper
Futures taker	0.05%	0–0.1%cheaper
Lowest spot taker (top VIP tier)	0.023%VIP 9	0%cheaperRegular
Fee tiers published	10moreSpot trading	1Spot trading
Fee discount with exchange token	−25% paying fees in BNB	−20% paying fees in MX
Withdrawals & deposits
Coins you can withdraw	866synced 2026-08-29 00:53 UTC	9,474moresynced 2026-08-29 00:53 UTC
Median withdrawal fee (coins on both)	$0.02462cheaperacross 464 coins	$0.1511across 464 coins
Cheaper withdrawal on…	314 coinsmore25 tied	121 coins25 tied
Crypto deposit fee	Free	Free
Exchange profile
Volume 24h (spot + derivatives)	$80.61BmoreOI $32.03B	$15.26BOI $5.69B
Markets	Spot, Derivativesfounded 2017	Spot, Derivativesfounded 2018
Fiat currencies	11 currenciesEUR, GBP, BRL, AUD, UAH, RUB…	15 currenciesmoreEUR, USD, GBP, VND, RUB, KRW…

“Cheaper” marks the better number on that row only. A dash means we have not verified that fee for the exchange yet — it is not a claim that the fee is zero.

What would you actually pay?

30-day trading volume$1MMaker share of that volume50% maker

Withdrawals per month

Binance

$950.09/ month

Trading (VIP 1 · 0.09% / 0.1%): $950.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.02221 each): $0.09

MEXCCheaper

$0.08/ month

Trading (Regular · 0% / 0%): $0.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.02056 each): $0.08

At $1M of monthly spot volume (50% maker) plus 4 BTC withdrawals, MEXC costs $950.01 less per month — $11,400.08 a year.

Taker fee as 30-day volume grows Binance MEXC

Estimate only: it applies each exchange’s published VIP ladder for the market you picked, ignores token-payment discounts, referral rebates and promotional zero-fee pairs, and assumes every withdrawal uses the cheapest network above. Negative fees are maker rebates.

Spot fee tiers side by side

BinanceSpot trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.1%	0.1%
VIP 1	$1.00M	0.09%	0.1%
VIP 2	$5.00M	0.08%	0.1%
VIP 3	$20.00M	0.04%	0.06%
VIP 4	$75.00M	0.04%	0.052%
VIP 5	$150.00M	0.025%	0.031%
VIP 6	$400.00M	0.02%	0.029%
VIP 7	$800.00M	0.019%	0.028%
VIP 8	$2.00B	0.016%	0.025%
VIP 9	$4.00B	0.011%	0.023%

Source: Binance fee schedule ↗ · verified 2026-08-28

MEXCSpot trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0%	0–0.05%

Source: MEXC fee schedule ↗ · verified 2026-08-28

Futures fee tiers side by side

BinanceFutures trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.02%	0.05%
VIP 1	$5.00M	0.018%	0.05%
VIP 2	$10.00M	0.016%	0.04%
VIP 3	$50.00M	0.012%	0.032%
VIP 4	$600.00M	0.01%	0.03%
VIP 5	$1.00B	0.008%	0.027%
VIP 6	$2.50B	0.006%	0.025%
VIP 7	$5.00B	0.004%	0.022%
VIP 8	$12.50B	0.002%	0.02%
VIP 9	$25.00B	0%	0.017%

Source: Binance fee schedule ↗ · verified 2026-08-28

MEXCFutures trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0–0.04%	0–0.1%

Source: MEXC fee schedule ↗ · verified 2026-08-28

Withdrawal fees, coin by coin464 coins on both

Cheaper on more coinsBinance314 vs 121 of 464

Median fee · Binance$0.02462on the shared basket

Median fee · MEXC$0.1511on the shared basket

Coins only on one side3,331116 Binance · 3,215 MEXC

Coin	Binance	MEXC	Cheaper
BTCBitcoin	0.0₆2700 BTC$0.02221 · BNB Smart Chain (BEP20) +3	0.0₆2500 BTC$0.02056 · BNB Smart Chain (BEP20) +2	MEXCsaves $0.001645
ETHEthereum	0.0₅8500 ETH$0.02150 · BNB Smart Chain (BEP20) +8	0.0₆5500 ETH$0.001391 · Starknet +17	MEXCsaves $0.02011
USDTTether USDt	0.01000 USDT$0.009993 · BNB Smart Chain (BEP20) +18	Free$0.00 · Plasma +15	MEXCsaves $0.009993
BNBBNB	0.0₄1000 BNB$0.007596 · BNB Smart Chain (BEP20) +1	0.0₄1000 BNB$0.007596 · BNB Smart Chain (BEP20)	same
XRPXRP	0.01500 XRP$0.02092 · BNB Smart Chain (BEP20) +2	0.02000 XRP$0.02789 · XRP Ledger	Binancesaves $0.006972
USDCUSDC	Free$0.00 · BNB Smart Chain (BEP20) +21	Free$0.00 · BNB Smart Chain (BEP20) +17	same
SOLSolana	0.0002000 SOL$0.02250 · BNB Smart Chain (BEP20) +1	0.0₄3700 SOL$0.004163 · Solana	MEXCsaves $0.01834
TRXTRON	1.5 TRX$0.5016 · Tron (TRC20)	1 TRX$0.3344 · Tron (TRC20)	MEXCsaves $0.1672
ZECZcash	0.0₄2600 ZEC$0.03130 · BNB Smart Chain (BEP20) +1	0.0003130 ZEC$0.3768 · BNB Smart Chain (BEP20) +1	Binancesaves $0.3455
DOGEDogecoin	0.2400 DOGE$0.02083 · BNB Smart Chain (BEP20) +1	0.1700 DOGE$0.01476 · BNB Smart Chain (BEP20) +1	MEXCsaves $0.006077
LINKChainlink	0.001800 LINK$0.02327 · BNB Smart Chain (BEP20) +1	0.1100 LINK$1.42 · Ethereum (ERC20)	Binancesaves $1.40
ADACardano	0.1000 ADA$0.02469 · BNB Smart Chain (BEP20) +1	2 ADA$0.4938 · Cardano	Binancesaves $0.4691
XLMStellar	0.004000 XLM$0.0007907 · Stellar +1	0.1000 XLM$0.01977 · Stellar	Binancesaves $0.01898
NEARNEAR Protocol	0.01100 NEAR$0.05563 · BNB Smart Chain (BEP20) +1	0.01000 NEAR$0.05058 · NEAR	MEXCsaves $0.005058
BCHBitcoin Cash	0.0₄7900 BCH$0.02322 · BNB Smart Chain (BEP20) +1	0.001000 BCH$0.2940 · Bitcoin Cash	Binancesaves $0.2707
LTCLitecoin	0.0001000 LTC$0.006405 · Litecoin +1	0.0001000 LTC$0.006405 · Litecoin	same
USDeEthena USDe	0.2000 USDe$0.1999 · BNB Smart Chain (BEP20) +1	Free$0.00 · TON +1	MEXCsaves $0.1999
UNIUniswap	0.004500 UNI$0.03406 · BNB Smart Chain (BEP20) +1	0.1000 UNI$0.7568 · BNB Smart Chain (BEP20) +1	Binancesaves $0.7228
AVAXAvalanche	0.002800 AVAX$0.02960 · BNB Smart Chain (BEP20) +2	0.004000 AVAX$0.04228 · Avalanche C-Chain +1	Binancesaves $0.01268
DAIDai	0.02100 DAI$0.02099 · BNB Smart Chain (BEP20)	Free$0.00 · Native chain	MEXCsaves $0.02099
SUISui	0.02700 SUI$0.02985 · BNB Smart Chain (BEP20) +1	0.06000 SUI$0.06633 · Sui	Binancesaves $0.03648
USD1World Liberty Financial USD	Free$0.00 · BNB Smart Chain (BEP20) +3	Free$0.00 · Ethereum (ERC20) +5	same
HBARHedera	0.06000 HBAR$0.005646 · Hedera +1	0.5000 HBAR$0.04705 · Hedera	Binancesaves $0.04140
GRAMGram (prev. Toncoin)	0.03000 GRAM$0.04220 · TON	0.001300 GRAM$0.001829 · TON	MEXCsaves $0.04038
TAOBittensor	0.0004000 TAO$0.1110 · Bittensor	0.005000 TAO$1.39 · Bittensor	Binancesaves $1.28

Showing 1–25 of 464 coins

Deposit, fiat, card and other fees

Fee	Binance	MEXC
Crypto deposit fee	Free	Free
Card spending/conversion feeGlobal — Colombia/Peru/CIS/Armenia · Card FX	Free	—
Card spending/conversion feeGlobal — New Zealand · Card FX	3%	—
Card spending/conversion feeGlobal — rest of available countries · Card FX	2%	—
Card spending/conversion feeGlobal · Card annual	0 USD	—
Card spending/conversion feeGlobal · Card crypto conversion	0.9%	—
Card spending/conversion feeGlobal · Card crypto conversion USDC	0.1%	—
Card spending/conversion feeGlobal · Card issuance	0 USD	—
Card spending/conversion feeGlobal Card · Card annual	—	0 USD
Card spending/conversion feeGlobal Card · Card cross border	—	Free
Card spending/conversion feeGlobal Card · Card crypto conversion	—	Free
Card spending/conversion feeGlobal Card · Card inactivity	—	0 USD
Card spending/conversion feeGlobal Card · Card issuance	—	20 USD
Card spending/conversion feeGlobal Card · Card reload	—	0 USD
Card spending/conversion feeGlobal Card · Card transaction	—	1%
Card spending/conversion feeMEXC Card (APAC) · Card annual	—	0 USD
Card spending/conversion feeMEXC Card (APAC) · Card cross border	—	1%
Card spending/conversion feeMEXC Card (APAC) · Card crypto conversion	—	1%
Card spending/conversion feeMEXC Card (APAC) · Card inactivity	—	0 USD
Card spending/conversion feeMEXC Card (APAC) · Card issuance	—	0 USD
Card spending/conversion feeMEXC Card (APAC) · Card reload	—	0 USD
Card spending/conversion feeMEXC Card (APAC) · Card transaction	—	Free
Fiat deposit feeEUR · Sepa bank transfer	1 EUR	—
Fiat withdrawal feeEUR · Sepa bank transfer	1 EUR	—
P2P maker feeP2P	—	Free
P2P maker feeP2P zone	0–0.35%	—
P2P taker feeP2P	—	Free
P2P taker feeP2P zone	Free	—

Binance vs MEXC — FAQ

Is Binance or MEXC cheaper?

MEXC charges 0–0.05% on spot taker orders versus 0.1% on Binance. On futures, MEXC is cheaper for takers (0–0.1% vs 0.05%). Binance has the cheaper withdrawal fee on 314 of the 464 coins both exchanges list (25 tie). Binance publishes the deeper VIP ladder (10 tiers), so high-volume traders can push fees lower there.

Which has lower trading fees, Binance or MEXC?

Binance charges 0.1% taker / 0.1% maker on spot and 0.05% taker on futures at the entry tier. MEXC charges 0–0.05% taker / 0% maker on spot and 0–0.1% taker on futures. Across the metrics we compare, MEXC wins more of them. Both drop as your 30-day volume grows — use the calculator above to price your own volume.

Which is cheaper for withdrawals, Binance or MEXC?

Of the 464 coins both exchanges let you withdraw, Binance is cheaper on 314, MEXC on 121, and 25 are identical. The median withdrawal fee on that shared basket is $0.02462 on Binance versus $0.1511 on MEXC. Binance is the cheaper default, but the winner changes coin by coin — check the coin you actually withdraw.

How can I pay lower fees on Binance or MEXC?

Binance: −25% paying fees in BNB. MEXC: −20% paying fees in MX. Both exchanges also cut maker/taker rates as your 30-day volume rises — Binance publishes 10 tiers and MEXC publishes 1 tier. Choosing the cheapest withdrawal network matters just as much: on many coins the gap between networks is larger than the gap between exchanges.

Are these Binance and MEXC fees up to date?

Trading fees are hand-curated from each exchange's official fee schedule and carry the date we last verified them (2026-08-28 for Binance, 2026-08-28 for MEXC). Withdrawal fees are synced from each exchange's own API or fee page (last sync 2026-08-29 00:53 UTC for Binance, 2026-08-29 00:53 UTC for MEXC). USD amounts are recomputed at the live coin price.

Other comparisons

Binance vs Hyperliquid Binance vs OKX Binance vs Bybit Binance vs Bitget Binance vs Aster Binance vs Gate Binance vs KuCoin Binance vs Lighter Binance vs HTX Binance vs Crypto.com Exchange

MEXC vs Hyperliquid MEXC vs OKX MEXC vs Bybit MEXC vs Bitget MEXC vs Aster MEXC vs Gate MEXC vs KuCoin MEXC vs Lighter MEXC vs HTX MEXC vs Crypto.com Exchange

Trading and other fee numbers are hand-curated from each exchange’s official fee pages (linked next to every tier table) and carry the date we last verified them. Withdrawal fees are synced from each exchange’s own API or fee page; USD amounts are computed at the current live coin price, so they move with the market. Rates exclude referral rebates, promotional zero-fee pairs and regional pricing. Full detail per exchange: Binance fees · MEXC fees.