MEXC and OKX are international crypto exchanges that supply spot, futures, and different primary and superior buying and selling instruments to newbies and skilled merchants alike. Since these exchanges have comparable product choices, it may be difficult to find out which one is healthier.
So, on this MEXC vs OKX evaluate, we are going to spotlight every platform’s key options, charges, execs and cons, safety features, referral program, and extra. Then examine each crypto exchanges side-by-side that will help you resolve on the higher alternate in your buying and selling wants.
MEXC vs OKX: Overview Comparability
StandardsMEXCOKXFinest ForWide selection of altcoins, excessive leverage, and superior buying and selling options.Deep liquidity and high-volume derivatives buying and selling.Launch 12 months20182017Key OptionsZero-fee pairs, Kickstarter, MEXC launchpad, demo buying and selling, and duplicate buying and selling.Algorithmic bots, OKX Pockets, copy buying and selling, demo buying and selling, and institutional companies.Buying and selling ChoicesSpot buying and selling and futures/perpetual contracts.Spot, margin, futures/perpetuals, choices buying and selling.Supported Cryptocurrencies3,000+400+Buying and selling Charges (maker and taker)Spot: 0.00% and 0.05%
Futures: 0.08% and 0.10%
Spot: 0.00% and 0.02%
Futures: 0.02% and 0.05%
Safety MeasuresChilly storage, 2FA, insurance coverage fund, and multi-signature pockets.Chilly storage, 2FA, insurance coverage fund, and multi-sig pockets.Native TokenMX Token (MX)OKBCell AppiOS and AndroidiOS and Android
What’s MEXC?
MEXC is a world cryptocurrency alternate based in 2018. The alternate has a low profile by way of founder identification, however it was launched and is at the moment led by a crew of pros with backgrounds in blockchain expertise, finance, and cybersecurity.
The platform gives a big selection of companies, together with spot buying and selling, futures, margin buying and selling, launchpad, demo buying and selling, and staking, giving customers entry to over 3,000 digital property and buying and selling pairs. MEXC Alternate is fashionable for its high-performance buying and selling engine able to processing 1.4 million transactions per second.
Merchants additionally select MEXC for its extraordinarily low buying and selling charges, deep liquidity, and dedication to itemizing rising tokens early. This dedication is one purpose MEXC has gained recognition worldwide, serving over 40 million customers throughout greater than 170 nations and amassing $6+ billion in day by day buying and selling quantity based on CoinMarketCap.
Execs & Cons of MEXC
ProsConsExtensive collection of cryptocurrencies, together with new and trending tokensRestricted fiat on-ramp choices in comparison with bigger exchangesLow buying and selling charges for each spot and futures marketsThe interface can really feel complicated for newbies, particularly with the in depth merchandise the alternate givesThe verification course of is fast, permitting customers to register with solely an electronic mail and a password.MEXC is restricted in some areas, together with the USA.Excessive leverage choices of as much as 500x for futures buying and sellingQuick commerce execution and deep liquidityFrequent token listings and promotional campaigns
MEXC is finest for:
Merchants who need entry to all kinds of cryptocurrencies and new token listingsFutures and derivatives merchants who want excessive leverage of as much as 500x leverage and superior buying and selling instrumentsFreshmen and high-volume merchants who need to profit from low buying and selling charges.Freshmen and superior merchants alike, due to its user-friendly interface and professional-grade options
What’s OKX?
OKX, previously often known as OKEx, is a number one cryptocurrency alternate launched in 2017 by Mingxing “Star” Xu. Headquartered in Seychelles, the alternate was created to supply a complete digital asset ecosystem that features spot buying and selling, futures, perpetual swaps, choices, and DeFi merchandise.
OKX is among the most generally used crypto exchanges globally, serving tens of millions of customers in over 100 nations and recording over $5 billion in day by day buying and selling quantity based on CoinMarketCap.
Whereas OKX gives alternate companies, together with buying and selling bots, spot buying and selling, and derivatives merchandise, what units it aside is its strong buying and selling infrastructure, multi-chain pockets, and dedication to Web3 growth via merchandise like OKX Pockets and OKX Chain.
Execs & Cons of OKX
ExecsConsSuperior buying and selling instruments and a professional-grade interfaceDoesn’t supply alternate companies in the USA. Robust safety infrastructure and clear operationsOccasional excessive community charges throughout peak instancesBroad product vary together with spot, futures, choices, and DeFiRestricted fiat buying and selling choicesBuilt-in Web3 pockets and multi-chain ecosystemComplicated and superior options might overwhelm new merchantsAggressive buying and selling charges and excessive liquidityThe corporate has its personal native blockchain (X Layer), which ensures sooner and cheaper transactions.
OKX is finest for:
Skilled and institutional merchants in search of superior buying and selling instruments, derivatives merchandise, and deep liquidityDeFi and Web3 fanatics who need to discover decentralized apps, staking, and NFTs by way of the OKX PocketsBuyers in search of various incomes alternatives like financial savings, staking, and twin funding merchandiseFreshmen searching for an all-in-one platform for spot, futures, and passive revenue merchandise, in addition to entry to the web3 ecosystem and robust academic help.
MEXC vs OKX: Buying and selling Options
CharacteristicMEXCOKXBuying and selling ChoicesSpot and futures/perpetualsSpot, margin, futures/perpetuals, and choicesLeverage (futures/perpetuals)As much as 500x on main cash/pairs.As much as 125x on choose pairs.Margin Modes Cross and remoted margin; helps Hedge mode (holding lengthy and quick in the identical contract).Has single-currency cross margin, multi-currency cross margin, and many others.Buying and selling BotsSureSureToken Launch PlatformSure, MEXC launchpad. Customers can take part via the MEXC launchpool and Kickstarter.Sure, Jumpstart.StakingSureSureCopy Buying and sellingSureSureDemo Buying and sellingSureSure
MEXC vs OKX: Platform Merchandise and Companies
MEXC and OKX have some key options that make them appropriate for various merchants. Let’s discover these options intimately.
What MEXC Affords:
Excessive Leverage: MEXC gives excessive leverage choices, as much as 500x on sure futures contracts, permitting merchants to amplify their positions and potential income.DEX+ is MEXC’s decentralized alternate integration that enables customers to commerce straight from their wallets whereas sustaining management of their property. DEX+ combines the safety advantages of DeFi with the liquidity and pace of a centralized platform.
MEXC Launchpad and Launchpool: The Launchpad helps new blockchain tasks introduce their tokens to the market. Via MEXC launchpool, merchants can take part in early-stage token gross sales and acquire entry to promising new tasks earlier than they’re listed.MEXC Earn: gives each locked and versatile financial savings merchandise that allow customers earn passive revenue on their idle crypto. Versatile financial savings permit withdrawals anytime, whereas locked financial savings present increased returns for customers who commit their funds for a set interval.
What OKX Affords:
Buying and selling Bots: OKX gives automated buying and selling bots that assist customers execute trades based mostly on pre-set methods with out fixed handbook monitoring. These embody spot grid bots, futures grid bots, DCA (Greenback-Value Averaging) bots, and arbitrage bots.
OKX Earn: OKX Earn gives a spread of merchandise, together with financial savings and staking, crypto loans, and entry to an on-chain lending market. You’ll be able to select between versatile or fastened phrases to earn curiosity in your holdings, stake tokens for community rewards, or lend property to debtors for extra yield alternatives.OKX Pockets: The OKX Pockets is a self-custodial, multi-chain pockets that enables customers to retailer, commerce, and handle their crypto and NFTs securely. It helps 1000’s of tokens throughout 30+ blockchains, enabling customers to entry DeFi platforms, dApps, and Web3 video games straight.
Jumpstart: OKX Jumpstart is the platform’s token launch platform that enables customers to take part in early-stage blockchain tasks. It offers customers entry to new token gross sales or airdrops by staking OKB (OKX’s native token).
Among the many comparable companies OKX and MEXC supply are institutional-grade instruments and options for hedge funds, asset managers, {and professional} merchants. These companies embody superior APIs, custom-made API entry, deep liquidity swimming pools, devoted account managers, and over-the-counter (OTC) buying and selling.
MEXC vs OKX: Price Buildings
PriceMEXCOKXSpot (maker/taker)0.0000% and 0.0500%
As much as 50% low cost obtainable for MX token holders.
0.080% and 0.100%
Reductions can be found by way of tiered VIP ranges.
Futures (maker/taker)0.000% and 0.020%
0.020% and 0.050%Deposit ChargesFree
FreeWithdrawal ChargesVaries by token and community
Varies by token and communityZero Price PairsSure
Sure
ReductionsMaintain 500+ MX tokens and rise up to a 50% price low cost. The MX token “deduction” additionally offers 20 % off.Tiered reductions based mostly on 30-day quantity plus OKB holdings.
MEXC vs OKX: Cash Supported, Liquidity & Quantity
StandardsMEXCOKXSupported Cash3,000+
400+Buying and selling Pairs2,000+ pairs (spot and derivatives mixed)
500 spot pairs and 400+ derivatives pairsMarket LiquidityDeep liquidity is out there for main pairs, though some smaller tokens might have comparable liquidity.Deep liquidity, particularly on main pairs. Additionally gives a Liquid Market for establishment/block trades to scale back slippage24-hour Buying and selling Quantity (CMC)$6,441,204,299
$4,911,631,568
Be aware: All knowledge above replicate knowledge obtainable on the time of writing. Cryptocurrency market volumes and liquidity fluctuate regularly as a consequence of market volatility and buying and selling exercise. Please confirm present knowledge straight on the respective alternate web sites or crypto monitoring software program earlier than making any buying and selling choices.
MEXC vs OKX: Safety Comparability
Each MEXC and OKX prioritize safety by implementing strong safety measures to safeguard customers’ property.
MEXC Safety Measures
Chilly Storage: The Majority of person funds are saved in offline chilly wallets, minimizing publicity to on-line threats.Two-Issue Authentication (2FA): Provides a second layer of safety for login and withdrawals via Google Authenticator or SMS verification.Safety Insurance coverage Fund: MEXC has launched a $100 million “Guardian Fund” meant to supply person safety towards main safety breaches, technical failures, and different extreme incidents. The fund is publicly disclosed on-chain in order that its stability and transactions are clear.Futures Insurance coverage Fund: The alternate’s Futures Insurance coverage Fund (for derivatives/liquidation threat) exceeds USD 540 million, which is used to cowl losses when a person’s liquidation exceeds their margin, “detrimental stability” occasions.
OKX Safety Measures
Chilly Storage: OKX shops 95% of person funds offline in extremely safe, air-gapped chilly wallets with encrypted non-public keys and multi-signature approval processes for any actions.Account Safety: Person accounts profit from obligatory two-factor authentication (2FA) and withdrawal handle whitelisting, which requires pre-approval earlier than you’ll be able to ship funds to new addresses.AI-powered risk detection scans for fraudulent exercise, deepfakes, and faux profiles beneath the OKX Eagle Eye program.Semi-Offline Multi-System Authorization: OKX shops its non-public keys throughout a number of safe units that aren’t linked to the web (semi-offline). These units use encrypted communication channels to signal transactions offline, that means the non-public keys themselves by no means depart their protected setting or get uncovered on-line.
MEXC vs OKX: Affiliate & Referral Packages
StandardsMEXCOKXReferral Bonus (Join)As much as 10,000 USDTAs much as 10,000 USDT Buying and selling Price Low cost (Referrals)50%30%Affiliate Commissions70% in your referrals’ buying and selling charges30% in your referrals’ buying and selling chargesExtra Perks for Associates10% fee for sub-affiliates and customized charges for high associates.Extra rewards for high-volume associates, together with a 20% improve in fee.Payout Frequency for AssociatesEach dayWeeklyPresent Referral Codemexc-NFTP98973395Obligatory KYCSureSure
Professional Tip: Learn to use the MEXC referral code and OKX referral code to unlock as much as 10,000 USDT in welcome rewards.
MEXC vs OKX: Person Expertise
From our MEXC Evaluate, we discovered that onboarding on the crypto alternate is fast and simple. You’ll be able to join with simply an electronic mail or cellphone quantity and a password. Whereas finishing KYC isn’t obligatory to discover MEXC’s merchandise, verified customers get increased withdrawal limits.
The cellular app mirrors the options on the internet platform, supporting each spot and derivatives buying and selling, though the interface can really feel barely cluttered in comparison with OKX. MEXC’s buying and selling interface consists of normal order varieties, TradingView charts, and superior charting instruments. Customers additionally get entry to demo buying and selling, fiat on-ramps, and incomes merchandise.
However, our OKX evaluate revealed that the platform has a extra structured onboarding course of that features KYC and extra safety setup, making it barely slower than MEXC however extra compliant. The interface is trendy and just lately upgraded, providing a number of modes: Easy, Superior, and Web3. The cellular app for iOS and Android is secure, responsive, and well-designed in comparison with the MEXC cellular app.
OKX’s buying and selling interface gives superior order varieties, in-depth analytics, and complete instruments for derivatives, together with margin, futures, and choices. It additionally gives automated buying and selling bots, incomes merchandise, Web3 pockets integration, fiat on-ramps, and cross-chain options.
MEXC vs OKX: Buyer Assist
MEXC gives 24/7 buyer help via dwell chat, electronic mail, and a ticketing system, responding inside minutes by way of chat and inside 24-48 hours for electronic mail inquiries. Its Assist Heart options detailed buying and selling guides, safety assets, and API documentation, complemented by lively regional Telegram communities for casual help. It’s additionally some of the language-friendly exchanges on the market, supporting over 40 languages throughout main areas.
Equally, OKX gives 24/7 help via chat and tickets, and a complete Assist Heart. Customers can start with automated responses and escalate to dwell brokers, with common wait instances of seconds for chat and about 10–quarter-hour for tickets.
The alternate gives clear documentation on buying and selling, safety, and platform navigation, together with product tutorials. OKX at the moment helps round 15 main languages, giving international merchants quick access to assist every time they want it.
Conclusion
MEXC and OKX supply highly effective buying and selling and decentralized ecosystems that serve merchants in a different way. If you wish to discover new tokens and high-leverage buying and selling, MEXC gives primary and superior buying and selling instruments, in addition to a strong token launch platform that will help you catch new/trending tasks earlier than they hit the general public.
Nonetheless, in case your focus is on high-volume derivatives buying and selling and clean navigation, OKX is a extra balanced selection. On the finish of the day, the perfect platform is the one which aligns together with your targets and buying and selling fashion, so take time to discover their instruments.
FAQs
What Alternate is Higher Than MEXC?
To find out which alternate is healthier than MEXC, it’s vital to contemplate components like buying and selling charges, buying and selling pairs, liquidity, safety, person expertise, and regulatory compliance. High alternate options to MEXC are OKX, Binance, Bybit, Bitget, and Coinbase.
Which Cryptocurrency Alternate has Decrease Charges: MEXC vs OKX?
MEXC has decrease charges in comparison with OKX. Though each exchanges cost low charges and supply zero price pairs, MEXC costs much less, inserting it among the many exchanges with the bottom transaction prices within the crypto market.
Which Alternate is Extra Newbie-friendly: MEXC or OKX?
MEXC is extra beginner-friendly. Whereas each exchanges supply numerous primary options for newbies, we think about MEXC extra beginner-friendly as a consequence of its easy-to-use interface, academic content material, low charges, and enormous coin choice.
Which Crypto Alternate is Safer: MEXC vs OKX?
Each exchanges implement strong safety measures to maintain customers’ property secure. MEXC and OKX each retailer the vast majority of person property in chilly/offline wallets with multi-sig approval, encouraging numerous account safety measures. Moreover, they each have an insurance coverage fund to reimburse merchants in case of breaches.
Which is Finest for Superior Merchants: MEXC vs OKX?
OKX is finest for superior merchants. OKX and MEXC each supply merchandise and a platform which might be appropriate for seasoned merchants, however OKX is a stronger choose for skilled derivatives merchants.
