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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
MEXCRank #9 · founded 2018
0–0.05%spot taker0–0.1%futures taker9,475coins to withdraw$15.26Bvolume 24h

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 (24 tie).
  • Binance publishes the deeper VIP ladder (10 tiers), so high-volume traders can push fees lower there.

Head-to-head

FeeBinanceMEXC
Trading fees
Spot maker0.1%0%cheaper
Spot taker0.1%0–0.05%cheaper
Futures maker0.02%0–0.04%cheaper
Futures taker0.05%0–0.1%cheaper
Lowest spot taker (top VIP tier)0.023%VIP 90%cheaperRegular
Fee tiers published10moreSpot trading1Spot trading
Fee discount with exchange token−25% paying fees in BNB−20% paying fees in MX
Withdrawals & deposits
Coins you can withdraw866synced 2026-08-29 00:53 UTC9,475moresynced 2026-08-29 00:53 UTC
Median withdrawal fee (coins on both)$0.02127cheaperacross 464 coins$0.1349across 464 coins
Cheaper withdrawal on…314 coinsmore24 tied119 coins24 tied
Crypto deposit feeFreeFree
Exchange profile
Volume 24h (spot + derivatives)$80.61BmoreOI $32.03B$15.26BOI $5.69B
MarketsSpot, Derivativesfounded 2017Spot, Derivativesfounded 2018
Fiat currencies11 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?

Withdrawals per month
×
Binance
$950.08/ month
Trading (VIP 1 · 0.09% / 0.1%)
$950.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.02103 each)
$0.08
MEXCCheaper
$0.08/ month
Trading (Regular · 0% / 0%)
$0.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.01948 each)
$0.08

At $1M of monthly spot volume (50% maker) plus 4 BTC withdrawals, MEXC costs $950.01 less per month — $11,400.07 a year.

Taker fee as 30-day volume grows Binance MEXC
0.1%0.05%0%$0$1M$10M$50M$250M$1B$5B

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

Tier30d volume ≥MakerTaker
Regular0.1%0.1%
VIP 1$1.00M0.09%0.1%
VIP 2$5.00M0.08%0.1%
VIP 3$20.00M0.04%0.06%
VIP 4$75.00M0.04%0.052%
VIP 5$150.00M0.025%0.031%
VIP 6$400.00M0.02%0.029%
VIP 7$800.00M0.019%0.028%
VIP 8$2.00B0.016%0.025%
VIP 9$4.00B0.011%0.023%

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

MEXCSpot trading

Tier30d volume ≥MakerTaker
Regular0%0–0.05%

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

Futures fee tiers side by side

BinanceFutures trading

Tier30d volume ≥MakerTaker
Regular0.02%0.05%
VIP 1$5.00M0.018%0.05%
VIP 2$10.00M0.016%0.04%
VIP 3$50.00M0.012%0.032%
VIP 4$600.00M0.01%0.03%
VIP 5$1.00B0.008%0.027%
VIP 6$2.50B0.006%0.025%
VIP 7$5.00B0.004%0.022%
VIP 8$12.50B0.002%0.02%
VIP 9$25.00B0%0.017%

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

MEXCFutures trading

Tier30d volume ≥MakerTaker
Regular0–0.04%0–0.1%

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

Withdrawal fees, coin by coin464 coins on both

Cheaper on more coinsBinance314 vs 119 of 464
Median fee · Binance$0.02127on the shared basket
Median fee · MEXC$0.1349on the shared basket
Coins only on one side3,331116 Binance · 3,215 MEXC
CoinBinanceMEXCCheaper
BTCBTCBitcoin0.0₆2700 BTC$0.02103 · BNB Smart Chain (BEP20) +30.0₆2500 BTC$0.01948 · BNB Smart Chain (BEP20) +2MEXCsaves $0.001558
ETHETHEthereum0.0₅8500 ETH$0.02077 · BNB Smart Chain (BEP20) +80.0₆5500 ETH$0.001344 · Starknet +17MEXCsaves $0.01943
USDTUSDTTether USDt0.01000 USDT$0.01000 · BNB Smart Chain (BEP20) +18Free$0.00 · Plasma +15MEXCsaves $0.01000
BNBBNBBNB0.0₄1000 BNB$0.006911 · BNB Smart Chain (BEP20) +10.0₄1000 BNB$0.006911 · BNB Smart Chain (BEP20)same
XRPXRPXRP0.01500 XRP$0.02091 · BNB Smart Chain (BEP20) +20.02000 XRP$0.02788 · XRP LedgerBinancesaves $0.006969
USDCUSDCUSDCFree$0.00 · BNB Smart Chain (BEP20) +21Free$0.00 · BNB Smart Chain (BEP20) +17same
SOLSOLSolana0.0002000 SOL$0.02100 · BNB Smart Chain (BEP20) +10.0₄3700 SOL$0.003885 · SolanaMEXCsaves $0.01712
TRXTRXTRON1.5 TRX$0.5072 · Tron (TRC20)1 TRX$0.3381 · Tron (TRC20)MEXCsaves $0.1691
ZECZECZcash0.0₄2600 ZEC$0.02173 · BNB Smart Chain (BEP20) +10.0003130 ZEC$0.2616 · BNB Smart Chain (BEP20) +1Binancesaves $0.2399
DOGEDOGEDogecoin0.2400 DOGE$0.02048 · BNB Smart Chain (BEP20) +10.1700 DOGE$0.01451 · BNB Smart Chain (BEP20) +1MEXCsaves $0.005974
LINKLINKChainlink0.001800 LINK$0.02054 · BNB Smart Chain (BEP20) +10.1100 LINK$1.25 · Ethereum (ERC20)Binancesaves $1.23
ADAADACardano0.1000 ADA$0.02015 · BNB Smart Chain (BEP20) +12 ADA$0.4030 · CardanoBinancesaves $0.3829
XLMXLMStellar0.004000 XLM$0.0007174 · Stellar +10.1000 XLM$0.01794 · StellarBinancesaves $0.01722
BCHBCHBitcoin Cash0.0₄7900 BCH$0.01940 · BNB Smart Chain (BEP20) +10.001000 BCH$0.2456 · Bitcoin CashBinancesaves $0.2262
DAIDAIDai0.02100 DAI$0.02100 · BNB Smart Chain (BEP20)Free$0.00 · Native chainMEXCsaves $0.02100
USD1USD1World Liberty Financial USDFree$0.00 · BNB Smart Chain (BEP20) +3Free$0.00 · Ethereum (ERC20) +5same
USDeUSDeEthena USDe0.2000 USDe$0.2000 · BNB Smart Chain (BEP20) +1Free$0.00 · TON +1MEXCsaves $0.2000
LTCLTCLitecoin0.0001000 LTC$0.004910 · Litecoin +10.0001000 LTC$0.004910 · Litecoinsame
GRAMGRAMGram (prev. Toncoin)0.03000 GRAM$0.04087 · TON0.001300 GRAM$0.001771 · TONMEXCsaves $0.03910
HBARHBARHedera0.06000 HBAR$0.004527 · Hedera +10.5000 HBAR$0.03773 · HederaBinancesaves $0.03320
AVAXAVAXAvalanche0.002800 AVAX$0.02052 · BNB Smart Chain (BEP20) +20.004000 AVAX$0.02932 · Avalanche C-Chain +1Binancesaves $0.008795
SHIBSHIBShiba Inu3,934 SHIB$0.02028 · BNB Smart Chain (BEP20) +1Free$0.00 · Solana +2MEXCsaves $0.02028
SUISUISui0.02700 SUI$0.02013 · BNB Smart Chain (BEP20) +10.06000 SUI$0.04472 · SuiBinancesaves $0.02460
UNIUNIUniswap0.004500 UNI$0.02022 · BNB Smart Chain (BEP20) +10.1000 UNI$0.4492 · BNB Smart Chain (BEP20) +1Binancesaves $0.4290
TAOTAOBittensor0.0004000 TAO$0.09523 · Bittensor0.005000 TAO$1.19 · BittensorBinancesaves $1.10

Showing 125 of 464 coins

Deposit, fiat, card and other fees

FeeBinanceMEXC
Crypto deposit feeFreeFree
Card spending/conversion feeGlobal — Colombia/Peru/CIS/Armenia · Card FXFree
Card spending/conversion feeGlobal — New Zealand · Card FX3%
Card spending/conversion feeGlobal — rest of available countries · Card FX2%
Card spending/conversion feeGlobal · Card annual0 USD
Card spending/conversion feeGlobal · Card crypto conversion0.9%
Card spending/conversion feeGlobal · Card crypto conversion USDC0.1%
Card spending/conversion feeGlobal · Card issuance0 USD
Card spending/conversion feeGlobal Card · Card annual0 USD
Card spending/conversion feeGlobal Card · Card cross borderFree
Card spending/conversion feeGlobal Card · Card crypto conversionFree
Card spending/conversion feeGlobal Card · Card inactivity0 USD
Card spending/conversion feeGlobal Card · Card issuance20 USD
Card spending/conversion feeGlobal Card · Card reload0 USD
Card spending/conversion feeGlobal Card · Card transaction1%
Card spending/conversion feeMEXC Card (APAC) · Card annual0 USD
Card spending/conversion feeMEXC Card (APAC) · Card cross border1%
Card spending/conversion feeMEXC Card (APAC) · Card crypto conversion1%
Card spending/conversion feeMEXC Card (APAC) · Card inactivity0 USD
Card spending/conversion feeMEXC Card (APAC) · Card issuance0 USD
Card spending/conversion feeMEXC Card (APAC) · Card reload0 USD
Card spending/conversion feeMEXC Card (APAC) · Card transactionFree
Fiat deposit feeEUR · Sepa bank transfer1 EUR
Fiat withdrawal feeEUR · Sepa bank transfer1 EUR
P2P maker feeP2PFree
P2P maker feeP2P zone0–0.35%
P2P taker feeP2PFree
P2P taker feeP2P zoneFree

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 (24 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 119, and 24 are identical. The median withdrawal fee on that shared basket is $0.02127 on Binance versus $0.1349 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

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.