Selecting between MEXC Vs. KuCoin may be daunting, as each are among the many prime crypto exchanges globally. Whether or not you’re a newcomer or an skilled dealer, understanding the important thing variations between them is important to make applicable selections.
This text compares MEXC and KuCoin throughout varied parameters, together with safety features, price constructions, merchandise, and companies. It additionally offers insights into their referral/affiliate applications, serving to you establish the alternate that aligns together with your monetary targets.
MEXC vs KuCoin: At a Look Comparability
ParticularsMEXCKuCoinLaunch yr20182017HeadquartersSeychellesSeychellesRegistered customers40+ million40+ millionGeographic protection170+ international locations200+ international locationsNative tokenMXKCSListed digital belongings4,216+1,021+Buying and selling pairs2,680+ spot pairs and 1,536+ futures pairs.1,318+ spot pairs and 541+ futures pairs.Fundamental optionsSpot and futures buying and selling, margin buying and selling, P2P buying and selling, copy buying and selling, and staking companies.Spot buying and selling, leveraged buying and selling, P2P buying and selling, derivatives buying and selling, and staking companies.Cost strategiesGoogle/Apple Pay, credit score/debit card, financial institution transfers, and third-party companies like Banxa and MoonPay.Google/Apple Pay, credit score/debit card, financial institution transfers, and third-party fee suppliers like Banxa and Simplex.Early entry occasionsPre-market buying and selling, Launchpad, Launchpool, Kickstarter, Airdrop+, and Spin Spotlights.Pre-market buying and selling, Highlight, GemPool, GemSlot, GemVote, and the USD1 factors program.Safety$100 million guardian fund, futures insurance coverage fund, proof-of-reserves, two-factor authentication (2FA), chilly storage, withdrawal whitelists, and SSL encryption.Multi-factor authentication, withdrawal anti-tampering, anti-fraud detection, multi-signature chilly wallets, proof-of-reserves, HSM safety for keys, and information encryption.LicensesRegulated by the Estonian Monetary Intelligence Unit (FIU).Possesses SOC2 Kind II, PCI-DSS, and ISO/IEC 27001 certifications. Regulated by India’s FIU and the Thai SEC.Buyer help24/7 through e-mail and dwell chat.24/7 through e-mail and dwell chat.Cellular appiOS and AndroidiOS and AndroidSignal-up bonus
10,000 USDT
11,000 USDT
What’s MEXC?
MEXC is a good cryptocurrency alternate, providing complete liquidity, a high-performance matching engine, nominal charges, and every day airdrops. It’s also a prime platform for getting/promoting memecoins and gaining early entry to high-potential tokens of promising tasks. Moreover, it options a big selection of digital belongings, together with Bitcoin and blue-chip altcoins.
Launched in 2018, MEXC serves 40+ million customers throughout 170+ international locations. It goals to drive world crypto adoption and has been a pioneer in blockchain know-how and decentralized monetary companies.
ProfessionalsConsVery low buying and selling charges.As much as 50% price reductions for MX holders.As much as 500x leverage for buying and selling perpetual futures.Extremely-fast matching engine that processes 1.4 million transactions per second.Helps quite a few cryptocurrencies, together with memecoins and forthcoming tokens.Person-friendly interface.No-KYC buying and selling platform.Greater liquidity.Appropriate for extra skilled merchants.Offers solely a futures grid buying and selling bot.Unavailable in lots of areas, together with the US and Canada.Doesn’t provide expiry futures and choices contracts.Comparatively fewer safety features.
MEXC is finest for:
Aggressive charges: MEXC doesn’t impose maker charges. It additionally prices minimal taker charges, which scale back progressively as you progress to greater VIP ranges. Moreover, MX holders can get price rebates of as much as 50%. Leveraged buying and selling: MEXC is without doubt one of the finest crypto exchanges for leveraged buying and selling. It presents as much as 500x leverage on USDT-settled BTC and ETH perpetual futures contracts. Memecoin and new token buying and selling: MEXC helps over 4,216 cryptocurrencies, together with new and lesser-known tokens. Its Launchpad, Launchpool, and Meme+ platform present early entry to high-quality rising tokens and memecoin gems. Furthermore, MEXC customers can earn as much as 1,000% APR by staking their crypto belongings within the Launchpool.
What’s KuCoin?
KuCoin is a well-liked cryptocurrency alternate, recognized for its superior buying and selling options and liquidity mining companies. It’s also an SOC, ISO, IEC, and PCI-DSS licensed alternate with cutting-edge safety and compliance measures. These embrace third-party penetration testing and bug bounty applications.
Established in 2013, KuCoin has over 40 million registered customers throughout 200+ international locations. It goals to construct a strong infrastructure that allows the seamless creation and switch of worth within the digital world.
ProfessionalsConsReducing-edge safety features. A wider number of automated bots.Prime-notch market intelligence and detailed challenge experiences.Newbie-friendly buying and selling platform with an intuitive interface and intensive studying sources. Offers early entry to the latest crypto gems via Launch Hub.Affords crypto choices and leveraged tokens. A number of staking merchandise to assist customers earn passive revenue.Unique loyalty bonuses for KCS holders.No native copy buying and selling function.New customers should adjust to KYC norms and regulatory necessities to entry the platform’s options.Unavailable in lots of international locations, together with the US and mainland China.Comparatively greater charges and decrease liquidity.
KuCoin is finest for:
Buying and selling bots: KuCoin offers totally automated and semi-automatic bots for spot and futures buying and selling. For totally automated bots like DualFutures AI, you don’t must set parameters. Contrarily, semi-automatic bots are customizable and help you pre-define circumstances. Leveraged tokens: You possibly can commerce them within the spot market and make positive factors by going lengthy or quick on the underlying cryptocurrency. They don’t require collateral or margin upkeep, eliminating liquidation dangers. GemVote: It’s a neighborhood voting course of the place merchants can vote for his or her desired tasks. The highest-ranked tasks shall be listed on the platform. KuCoin Pay: It’s a Web3 fee answer that allows you to make crypto funds at supported service provider retailers with out incurring exorbitant gasoline charges. Through the use of KuCoin Pay, you’ll be able to unlock unique rewards like cashback, on the spot settlements, and 0 charges for offline transactions.
MEXC vs KuCoin: Buying and selling Options
FunctionMEXCKuCoinSpot buying and sellingSureSureFutures buying and sellingSureSureChoices buying and sellingNoSureMargin buying and sellingSureSureOn-chain buying and sellingSureNoCopy buying and sellingSure NoDemo buying and sellingSureNoPre-market buying and sellingSureSureP2P buying and sellingSureSureBuying and selling botsSureSure Staking choicesSureSureCrypto loansSureSureNFT marketNoSure
MEXC vs KuCoin: Platform Merchandise and Providers
What MEXC Affords:
Spot buying and selling: MEXC allows you to commerce 4,216+ cryptocurrencies and a pair of,680+ buying and selling pairs within the spot market.Pre-market buying and selling: It’s an over-the-counter (OTC) platform that helps you commerce new cash earlier than they’re formally listed. Margin buying and selling: MEXC presents leveraged buying and selling, enabling you to open massive positions with much less capital. It helps each remoted and cross-margin modes. Futures buying and selling: The platform presents USDT-margined, USDC-margined, and coin-margined perpetual contracts. It helps 1,535+ futures pairs.Copy/social buying and selling: This function permits you to mirror the buying and selling methods of consultants. The system screens your chosen elite dealer’s alerts and opens/closes your positions routinely primarily based in your preset circumstances. Demo account: It offers a simulated atmosphere that will help you follow futures buying and selling. It additionally allows new merchants to compute their positive factors/losses earlier than investing actual cash or making precise trades. Grid buying and selling: It’s a buying and selling bot that automates futures transactions. It permits merchants to open lengthy, quick, or impartial positions primarily based on pre-defined parameters and cryptocurrency market developments.Earn: The MEXC alternate presents ample alternatives to assist your earn passive revenue out of your idle crypto belongings. Its staking/incomes merchandise embrace Easy Earn, Futures Earn, and Maintain and Earn. New customers can generate as much as 600% APR by staking their belongings for mounted/versatile durations.Study: MEXC encompasses a plethora of instructional sources, together with guides, knowledgeable methods, and tutorials, tailor-made to numerous studying wants. Institutional companies: For prime-frequency merchants, the MEXC alternate offers customized API companies and 24/7 precedence help. It additionally presents interest-free margins to market makers and permits brokers to authorize trades with a single faucet.MEXC pockets: It’s straight built-in into your MEXC account. Thus, you don’t must create a separate pockets to handle your personal keys. Furthermore, you’ll be able to join exterior wallets like Metamask and Phantom whereas buying and selling on MEXC’s DEX+ platform.
What KuCoin Affords:
Spot buying and selling: KuCoin helps you commerce over 1,000 cash, together with main cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, within the spot market. It helps 1,315+ spot pairs. Margin buying and selling: The alternate presents cross and remoted margin modes with as much as 5x and 10x leverage, respectively. It additionally offers as much as 125x leverage on choose pairs. Buying and selling bots: If you wish to automate your trades and make earnings no matter market circumstances, KuCoin’s pre-built bots are value exploring. These embrace spot martingale, spot grid, futures grid, infinity grid, good rebalance, and DCA. Derivatives buying and selling: KuCoin presents stablecoin-settled (USDC and USDT) linear futures contracts and coin-settled inverse contracts. It options 540+ futures pairs. Moreover, the alternate allows you to commerce Bitcoin, Ethereum, and Solana choice contracts. Leveraged tokens: These tokens provide help to achieve leveraged publicity to underlying cryptocurrencies by eliminating the necessity for margin or futures buying and selling.Earn: KuCoin is a notch greater than many exchanges in the case of passive income-yielding merchandise. It presents easy, superior, and specialised earn choices. These embrace on-chain staking, versatile financial savings, shark fin, twin funding, snowball, KuMining, and KCS loyalty.
Moreover, you’ll be able to match your idle funds with debtors and earn curiosity via Crypto Lending Professional. You may also redeem your loaned-out belongings anytime.
Institutional companies: KuCoin has designed the dealer and market maker applications for institutional merchants, enabling them to earn commissions and price rebates. It additionally permits them to borrow as much as $20 million at aggressive rates of interest. Study: KuCoin publishes quite a few explainer articles on Web3, cryptocurrencies, blockchains, and platform options. They assist each new and skilled merchants improve their crypto data and study good funding methods.KuCoin pockets: It’s a self-custody Web3 pockets, comprising a cross-chain swap aggregator DEX and a DeFi funding instrument. It additionally offers entry to 1,000+ dApps.
MEXC vs KuCoin: Buying and selling Charges
Charge sortMEXCKuCoinSpot buying and selling0% maker, 0.05% takerClass A: 0.1% maker and taker.
Class B: 0.2% maker and taker.
Class C: 0.3% maker and taker.
Futures buying and selling0% maker, 0.02% taker0.02% maker, 0.06% taker (solely class A)Buying and selling price reductionsAs much as 50% low cost on spot charges for MX holders.20% low cost on spot charges for KCS holders.DepositZero charges for many cryptocurrencies.Zero charges for cryptocurrencies.WithdrawalVaries primarily based on the chosen cryptocurrency and blockchain.Varies primarily based on the chosen cryptocurrency and blockchain.Crypto debit card1% top-up price, 0-2% transaction price primarily based on location, 1 EUR month-to-month price in supported international locations.9.99 EUR for brand spanking new and substitute playing cards, 2% charges for non-EUR transactions, 3 EUR inactivity charges month-to-month.
MEXC is the clear winner by way of charges. It prices decrease buying and selling charges than KuCoin and in addition presents greater reductions of as much as 50% to its native token (MX) holders. Whereas each exchanges don’t acquire deposit charges, MEXC levies decrease withdrawal charges for many cryptocurrencies. It additionally facilitates free withdrawals for some tokens.
MEXC vs KuCoin: Cash Supported, Liquidity & Quantity
ParticularsMEXCKuCoinListed cash4,216+1,019+Spot pairs2,680+1,315+Futures pairs1,535+540+LiquidityCompleteComparatively much less deep.Buying and selling quantityOptions within the checklist of the highest 10 cryptocurrency exchanges primarily based on buying and selling volumes.Options within the checklist of the highest 10 cryptocurrency exchanges primarily based on buying and selling volumes.Supported fiat currencies50+48+
MEXC vs KuCoin: Safety
MEXC Safety Measures
$100 million guardian fund: It offers 100% protection for losses incurred by merchants attributable to platform breaches, cyber threats, and technical bottlenecks.Proof-of-reserves: Buyer belongings are backed 1:1 by MEXC’s reserves. Furthermore, reserve charges surpass 100% and are validated in real-time.Futures insurance coverage fund: It protects spinoff merchants from excessive market circumstances.Superior safety protocols: MEXC has carried out potent measures, corresponding to 2FA, chilly storage, SSL encryption, anti-phishing code, and withdrawal allowlisting.
KuCoin Safety Measures
Account safety: KuCoin has carried out multi-factor authentication through Google, e-mail, textual content message, and biometrics. It additionally conducts a wise CAPTCHA verification to detect bots and requires you to arrange an anti-phishing code.Fund and pockets safety: To safeguard consumer funds, KuCoin has established withdrawal anti-tampering measures, AI-powered fraud detection, and proof-of-reserves. The reserves are distributed throughout scorching, heat, and chilly wallets, with most belongings being saved in chilly storage. Knowledge safety: KuCoin has carried out information encryption, leak prevention, restoration, auditing, and storage measures to guard confidential data. Platform and operational safety: The alternate has designed a multi-layer protection system, together with firewalls and DNS safety, to supply safety operations 24/7.System and app safety: KuCoin has formulated stringent tips for constructing, testing, and deploying APIs, programs, and functions.
MEXC vs KuCoin: Affiliate & Referral Packages
ParticularsMEXCKuCoinMajor rewardFeeFeeFee chargeAs much as 40% for the referral program.As much as 70% for the associates program. 10% sub-affiliate fee.As much as 35% for the referral program.As much as 60% for the associates program.
Fee periodReferral fee for 1080 days from the referees’ registration datesLifetime affiliate fee.Referral fee for one year from the referees’ registration dates.Lifetime affiliate fee.
Varied bonusesWelcome presents, futures bonuses, price rebate vouchers, place airdrops, new cash, and free crypto.
Welcome presents, USDT coupons, futures trial funds, buying and selling price reductions, money prizes, and free airdrops.Unique perks24/7 devoted help, entry to particular occasions and crypto merchandise.Entry to a multi-tier fee system and a visualized dashboard to handle multi-channel referral earnings.Eligibility circumstancesReferees should full KYC verification and designated duties throughout the specified timeframe. Referees should full KYC verification and designated duties throughout the specified timeframe.
MEXC vs KuCoin: Person Expertise
Each MEXC and KuCoin have achieved blended evaluations on platforms corresponding to Trustpilot and Reddit. The customers of each exchanges have reported points associated to crypto withdrawals, surprising account freezes, and fund losses. Nonetheless, their cellular apps have obtained excessive scores of over 4.5/5 on Google Play and Apple shops.
MEXC vs KuCoin: Buyer Assist
Each cryptocurrency exchanges provide 24/7 buyer help through e-mail, dwell chat, and a assist middle. You additionally get detailed solutions for FAQs associated to MEXC/KuCoin options, serving to you navigate the platforms effortlessly.
Conclusion
MEXC World and KuCoin differ by way of charges, buying and selling choices, safety, and staking companies. Nonetheless, each provide varied bonuses and platform options that will help you purchase/promote cryptocurrencies seamlessly and improve your funding expertise. Subsequently, you’ll be able to select both primarily based in your preferences.
FAQs
Is MEXC a trusted alternate?
MEXC is a legally-compliant cryptocurrency alternate with highly effective safety features. Furthermore, the platform hasn’t reported any main hacking incidents up to now. Subsequently, MEXC is reliable.
Which alternate is healthier: MEXC or KuCoin?
MEXC is healthier for customers looking for decrease charges, greater liquidity, memecoins, and rising tokens of star tasks. KuCoin is extra appropriate for merchants who need to use automated buying and selling instruments or put money into choices and leveraged tokens.
Which alternate has decrease charges: MEXC vs KuCoin?
MEXC prices decrease charges than KuCoin for buying and selling in addition to withdrawals. Furthermore, MEXC presents greater price reductions of as much as 50% for MX holders.
Which alternate is extra beginner-friendly: MEXC or KuCoin?
KuCoin is extra beginner-friendly attributable to its easier, cleaner, and extra user-friendly interface. It additionally presents intensive instructional sources, together with study and earn programs, serving to new customers commerce with confidence whereas profitable rewards.
Which alternate is safer: KuCoin vs MEXC?
KuCoin was hacked in September 2020 by the North Korea-based Lazarus group. This incident resulted in a lack of $275 million value of cryptocurrencies from its scorching wallets. Although KuCoin has bolstered its safety protocols following the cyberattack, MEXC stands out for its clear historical past of no hacks.
What are the deposit and withdrawal choices on MEXC and KuCoin?
Each exchanges help financial institution transfers, Google/Apple Pay, credit score/debit playing cards, P2P buying and selling, and third-party channels for deposits and withdrawals. The supported fee strategies, together with fiat deposit choices, fluctuate throughout totally different international locations.
