Binance vs MEXC (2026): fees, trust, coins and availability compared

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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams

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.

Read the Binance review

MEXC

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 review

Binance 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.

Verdict at a glance

  • Binance leads on trust score, 24h trading volume, track record and country availability.
  • MEXC leads on coins listed and trading pairs.

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.

Binance vs MEXC: side-by-side data

CriteriaBinanceMEXC
Trust score10 / 109 / 10
Trust rank#4#8
24h trading volume$8.86B$1.37B
Coins listed5161,418
Trading pairs1,3771,801
Founded20172018
HeadquartersCayman IslandsSeychelles
Exchange typeCentralized (CEX)Centralized (CEX)
Countries available48 countries16 countries
Licences / registrationsFinancial 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 EmiratesNot verified
Trading typesDerivatives, SpotDerivatives, Spot
Best-for use casesBeginner-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.

Pros

Binance

  • Wide Range of Cryptocurrencies
  • Low Trading Fees
  • High Liquidity
  • Advanced Security Features
  • User-Friendly Interface

MEXC

  • Wide Range of Cryptocurrencies
  • Competitive Trading Fees
  • Advanced Security Measures
  • User-Friendly Interface
  • High Liquidity

Country availability: Binance vs MEXC

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 vs MEXC: common questions

Which is bigger by trading volume, Binance or MEXC?

Binance reports the higher 24-hour trading volume ($8.86B vs $1.37B), based on the latest market data in our catalogue.

Which lists more coins, Binance or MEXC?

MEXC lists more coins: 516 at Binance versus 1,418 at MEXC.

Which has the higher trust score, Binance or 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.

Which is older, Binance or MEXC?

Binance is the older of the two, founded in 2017; MEXC was founded in 2018.

Are Binance and MEXC available in the same countries?

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 ().

Keep comparing

Binance

MEXC

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.