
Binance
Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams

Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
Read the Binance review
Trust score 9 / 10 · Trust rank #8 · Founded 2018
MEXC is a cryptocurrency exchange platform that provides a wide range of digital assets for trading. It is designed to cater to both novice and experienced traders with its user-friendly interface and…
Read the MEXC reviewBinance and MEXC are both centralized exchanges. Binance (founded 2017, headquartered in Cayman Islands) ranks #4 on our trust rank, reports $8.86B in 24-hour trading volume and lists 516 coins across 1,377 trading pairs. MEXC (founded 2018, headquartered in Seychelles) ranks #8 on our trust rank, reports $1.37B in 24-hour trading volume and lists 1,418 coins across 1,801 trading pairs. The two overlap in 16 countries; Binance is available in 32 countries where MEXC is not, and MEXC in 0 where Binance is not.
Scored on 6 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
| Criteria | Binance | MEXC |
|---|---|---|
| Trust score | 10 / 10 | 9 / 10 |
| Trust rank | #4 | #8 |
| 24h trading volume | $8.86B | $1.37B |
| Coins listed | 516 | 1,418 |
| Trading pairs | 1,377 | 1,801 |
| Founded | 2017 | 2018 |
| Headquarters | Cayman Islands | Seychelles |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 48 countries | 16 countries |
| Licences / registrations | Financial Intelligence Unit (FIU-IND), registration - India, Financial Services Agency (JFSA) - Japan (through Binance Japan), Securities and Exchange Commission (SEC Thailand) - Thailand (through Gulf Binance Co., Ltd), Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates | Not verified |
| Trading types | Derivatives, Spot | Derivatives, Spot |
| Best-for use cases | Beginner-Friendly, Centralized, Copy Trading, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | Beginner-Friendly, Centralized, Copy Trading, Low-Fee, Margin trading, Peer-to-Peer (P2P) |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Available at both (16): Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Mexico, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland.
Only Binance (32): Albania, Argentina, Austria, Belgium, Bulgaria, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, Greece, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Israel, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Philippines and 7 more.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Binance reports the higher 24-hour trading volume ($8.86B vs $1.37B), based on the latest market data in our catalogue.
MEXC lists more coins: 516 at Binance versus 1,418 at MEXC.
Binance has the higher trust score (10 / 10 vs 9 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Binance is the older of the two, founded in 2017; MEXC was founded in 2018.
They overlap in 16 countries. Binance is additionally available in 32 countries (Albania, Argentina, Austria, Belgium, Bulgaria, Chile and 26 more) and MEXC in 0 countries ().
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.