Koinbay vs MEXC: fees compared

Every fee that costs you money on Koinbay 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.

KoinbayRank #85 · founded 2023

0.6%spot taker0.05–0.075%futures taker253coins to withdraw$6.25Bvolume 24h

Trade on Koinbay ↗

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

1Koinbaycategories won2 tied8MEXC

MEXC charges 0–0.05% on spot taker orders versus 0.6% on Koinbay.
On futures, MEXC is cheaper for takers (0–0.1% vs 0.05–0.075%).
Koinbay has the cheaper withdrawal fee on 14 of the 26 coins both exchanges list (1 tie).

Head-to-head

Fee	Koinbay	MEXC
Trading fees
Spot maker	0.3%	0%cheaper
Spot taker	0.6%	0–0.05%cheaper
Futures maker	0.02–0.025%	0–0.04%cheaper
Futures taker	0.05–0.075%	0–0.1%cheaper
Lowest spot taker (top VIP tier)	0.6%Regular	0%cheaperRegular
Fee tiers published	1Spot trading	1Spot trading
Fee discount with exchange token	—	−20% paying fees in MX
Withdrawals & deposits
Coins you can withdraw	253synced 2026-08-29 00:53 UTC	9,474moresynced 2026-08-29 00:53 UTC
Median withdrawal fee (coins on both)	$0.04322across 26 coins	$0.02665cheaperacross 26 coins
Cheaper withdrawal on…	14 coinsmore1 tied	11 coins1 tied
Crypto deposit fee	Free	Free
Exchange profile
Volume 24h (spot + derivatives)	$6.25B	$15.26BmoreOI $5.69B
Markets	Spot, Derivativesfounded 2023	Spot, Derivativesfounded 2018
Fiat currencies	—	15 currenciesEUR, 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

Koinbay

$4,705.32/ month

Trading (Regular · 0.3% / 0.6%): $4,500.00
Withdrawals (4× BTC · Bitcoin · $51.33 each): $205.32

MEXCCheaper

$0.08/ month

Trading (Regular · 0% / 0%): $0.00
Withdrawals (4× BTC · BNB Smart Chain (BEP20) · $0.01950 each): $0.08

At $1M of monthly spot volume (50% maker) plus 4 BTC withdrawals, MEXC costs $4,705.25 less per month — $56,462.95 a year.

Taker fee as 30-day volume grows Koinbay 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

KoinbaySpot trading

Tier	30d volume ≥	Maker	Taker
Regular	—	0.3%	0.6%

Source: Koinbay 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

KoinbayFutures trading — Perpetual

Tier	30d volume ≥	Maker	Taker
Regular	—	0.02–0.025%	0.05–0.075%

Source: Koinbay 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 coin26 coins on both

Cheaper on more coinsKoinbay14 vs 11 of 26

Median fee · Koinbay$0.04322on the shared basket

Median fee · MEXC$0.02665on the shared basket

Coins only on one side3,6563 Koinbay · 3,653 MEXC

Coin	Koinbay	MEXC	Cheaper
BTCBitcoin	0.0006580 BTC$51.33 · Bitcoin	0.0₆2500 BTC$0.01950 · BNB Smart Chain (BEP20) +2	MEXCsaves $51.31
ETHEthereum	0.0₅3000 ETH$0.007516 · Base +3	0.0₆5500 ETH$0.001378 · Starknet +17	MEXCsaves $0.006138
USDTTether USDt	0.005450 USDT$0.005445 · BNB Smart Chain (BEP20) +5	Free$0.00 · Plasma +15	MEXCsaves $0.005445
BNBBNB	0.0₄1000 BNB$0.007488 · BNB Smart Chain (BEP20)	0.0₄1000 BNB$0.007488 · BNB Smart Chain (BEP20)	same
XRPXRP	0.0₄3000 XRP$0.0₄3968 · XRP Ledger	0.02000 XRP$0.02645 · XRP Ledger	Koinbaysaves $0.02641
USDCUSDC	0.002750 USDC$0.002751 · Base +4	Free$0.00 · BNB Smart Chain (BEP20) +17	MEXCsaves $0.002751
TRXTRON	8.25 TRX$2.79 · Tron (TRC20)	1 TRX$0.3377 · Tron (TRC20)	MEXCsaves $2.45
DOGEDogecoin	25 DOGE$2.13 · Dogecoin	0.1700 DOGE$0.01449 · BNB Smart Chain (BEP20) +1	MEXCsaves $2.12
LINKChainlink	0.03526 LINK$0.4163 · Ethereum (ERC20)	0.1100 LINK$1.30 · Ethereum (ERC20)	Koinbaysaves $0.8822
ADACardano	38.96 ADA$8.33 · Cardano	2 ADA$0.4278 · Cardano	MEXCsaves $7.91
BCHBitcoin Cash	0.0002500 BCH$0.06201 · Bitcoin Cash	0.001000 BCH$0.2480 · Bitcoin Cash	Koinbaysaves $0.1860
LTCLitecoin	0.002500 LTC$0.1378 · Litecoin	0.0001000 LTC$0.005511 · Litecoin	MEXCsaves $0.1323
SUISui	0.01377 SUI$0.01088 · Sui	0.06000 SUI$0.04742 · Sui	Koinbaysaves $0.03654
AAVEAave	0.003298 AAVE$0.4449 · Ethereum (ERC20)	0.01000 AAVE$1.35 · Ethereum (ERC20)	Koinbaysaves $0.9040
ASTERAster	0.007823 ASTER$0.005848 · BNB	1 ASTER$0.7476 · BNB Smart Chain (BEP20)	Koinbaysaves $0.7418
DOTPolkadot	0.008613 DOT$0.009697 · Polkadot	0.01000 DOT$0.01126 · Polkadot Asset Hub	Koinbaysaves $0.001561
PEPEPepe	109,288.8 PEPE$0.4038 · Ethereum (ERC20)	122,978 PEPE$0.4544 · Ethereum (ERC20)	Koinbaysaves $0.05058
ATOMCosmos	0.002500 ATOM$0.004098 · Cosmos Hub	0.05000 ATOM$0.08195 · Cosmos Hub	Koinbaysaves $0.07785
CAKEPancakeSwap	0.003175 CAKE$0.007854 · BNB Smart Chain (BEP20)	0.05000 CAKE$0.1237 · BNB Smart Chain (BEP20)	Koinbaysaves $0.1158
ALGOAlgorand	0.007500 ALGO$0.0007123 · Algorand	0.1000 ALGO$0.009497 · Algorand	Koinbaysaves $0.008785
QNTQuant	0.006600 QNT$0.4139 · Ethereum (ERC20)	0.03260 QNT$2.04 · Ethereum (ERC20)	Koinbaysaves $1.63
XTZTezos	0.09104 XTZ$0.02444 · Tezos	0.1000 XTZ$0.02684 · Tezos +1	Koinbaysaves $0.002404
XPLPlasma	25.64 XPL$2.26 · BNB	0.2000 XPL$0.01761 · Plasma +1	MEXCsaves $2.24
1INCH1inch	4.5775 1INCH$0.4335 · Ethereum (ERC20)	5 1INCH$0.4735 · Ethereum (ERC20)	Koinbaysaves $0.04001
BUSDBUSD	0.0007650 BUSD$0.0007654 · BNB Smart Chain (BEP20) +1	Free$0.00 · BNB Smart Chain (BEP20) +2	MEXCsaves $0.0007654

Showing 1–25 of 26 coins

Deposit, fiat, card and other fees

Fee	Koinbay	MEXC
Crypto deposit fee	Free	Free
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
P2P maker feeP2P	—	Free
P2P taker feeP2P	—	Free

Koinbay vs MEXC — FAQ

Is Koinbay or MEXC cheaper?

MEXC charges 0–0.05% on spot taker orders versus 0.6% on Koinbay. On futures, MEXC is cheaper for takers (0–0.1% vs 0.05–0.075%). Koinbay has the cheaper withdrawal fee on 14 of the 26 coins both exchanges list (1 tie).

Which has lower trading fees, Koinbay or MEXC?

Koinbay charges 0.6% taker / 0.3% maker on spot and 0.05–0.075% 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, Koinbay or MEXC?

Of the 26 coins both exchanges let you withdraw, Koinbay is cheaper on 14, MEXC on 11, and 1 are identical. The median withdrawal fee on that shared basket is $0.04322 on Koinbay versus $0.02665 on MEXC. Koinbay is the cheaper default, but the winner changes coin by coin — check the coin you actually withdraw.

How can I pay lower fees on Koinbay or MEXC?

MEXC: −20% paying fees in MX. Both exchanges also cut maker/taker rates as your 30-day volume rises — Koinbay publishes 1 tier 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 Koinbay 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 Koinbay, 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 Koinbay, 2026-08-29 00:53 UTC for MEXC). USD amounts are recomputed at the live coin price.

Other comparisons

Koinbay vs Binance Koinbay vs Hyperliquid Koinbay vs OKX Koinbay vs Bybit Koinbay vs Bitget Koinbay vs Aster Koinbay vs Gate Koinbay vs KuCoin Koinbay vs Lighter Koinbay vs HTX

MEXC vs Binance 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

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: Koinbay fees · MEXC fees.