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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
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
Trust score 8 / 10 · Trust rank #27 · Founded 2017
Upbit is a cryptocurrency exchange known for its user-friendly interface and comprehensive range of digital assets. It provides you with access to a wide variety of cryptocurrencies and offers competitive trading fees.…
Read the Upbit reviewMEXC and Upbit are both centralized exchanges. 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. Upbit (founded 2017, headquartered in South Korea) ranks #27 on our trust rank, reports $963.0M in 24-hour trading volume and lists 349 coins across 493 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.
| Criteria | MEXC | Upbit |
|---|---|---|
| Trust score | 9 / 10 | 8 / 10 |
| Trust rank | #8 | #27 |
| 24h trading volume | $1.37B | $963.0M |
| Coins listed | 1,418 | 349 |
| Trading pairs | 1,801 | 493 |
| Founded | 2018 | 2017 |
| Headquarters | Seychelles | South Korea |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 16 countries | 1 countries |
| Licences / registrations | Not verified | Korea Financial Intelligence Unit (KoFIU), VASP registration - South Korea, Securities and Exchange Commission (SEC Thailand) - Thailand (through Upbit Exchange), Monetary Authority of Singapore (MAS) - Singapore (through Upbit Singapore Pte. Ltd.) |
| Trading types | Derivatives, Spot | Spot |
| Best-for use cases | 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.
Only MEXC (16): Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Mexico, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland.
Only Upbit (1): South Korea.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
MEXC reports the higher 24-hour trading volume ($1.37B vs $963.0M), based on the latest market data in our catalogue.
MEXC lists more coins: 1,418 at MEXC versus 349 at Upbit.
MEXC has the higher trust score (9 / 10 vs 8 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Upbit is the older of the two, founded in 2017; MEXC was founded in 2018.
They overlap in 0 countries. MEXC is additionally available in 16 countries (Australia, Brazil, Canada, France, Germany, India and 10 more) and Upbit in 1 countries (South Korea).
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.