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MEXC and OKX are global crypto exchanges that offer spot, futures, and other basic and advanced trading tools to beginners and experienced traders alike. Since these exchanges have similar product offerings, it can be challenging to determine which one is better.
So, in this MEXC vs OKX review, we will highlight each platform’s key features, fees, pros and cons, security features, referral program, and more. Then compare both crypto exchanges side-by-side to help you decide on the better exchange for your trading needs.
| Criteria | MEXC | OKX |
| Best For | Wide range of altcoins, high leverage, and advanced trading features. | Deep liquidity and high-volume derivatives trading. |
| Launch Year | 2018 | 2017 |
| Key Features | Zero-fee pairs, Kickstarter, MEXC launchpad, demo trading, and copy trading. | Algorithmic bots, OKX Wallet, copy trading, demo trading, and institutional services. |
| Trading Options | Spot trading and futures/perpetual contracts. | Spot, margin, futures/perpetuals, options trading. |
| Supported Cryptocurrencies | 3,000+ | 400+ |
| Trading Fees (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% |
| Security Measures | Cold storage, 2FA, insurance fund, and multi-signature wallet. | Cold storage, 2FA, insurance fund, and multi-sig wallet. |
| Native Token | MX Token (MX) | OKB |
| Mobile App | iOS and Android | iOS and Android |
MEXC is a global cryptocurrency exchange founded in 2018. The exchange has a low profile in terms of founder identity, but it was launched and is currently led by a team of professionals with backgrounds in blockchain technology, finance, and cybersecurity.
The platform offers a wide array of services, including spot trading, futures, margin trading, launchpad, demo trading, and staking, giving users access to over 3,000 digital assets and trading pairs. MEXC Exchange is popular for its high-performance trading engine capable of processing 1.4 million transactions per second.
Traders also choose MEXC for its extremely low trading fees, deep liquidity, and commitment to listing emerging tokens early. This commitment is one reason MEXC has gained popularity worldwide, serving over 40 million users across more than 170 countries and amassing $6+ billion in daily trading volume according to CoinMarketCap.
| Pros | Cons |
| Wide selection of cryptocurrencies, including new and trending tokens | Limited fiat on-ramp options compared to larger exchanges |
| Low trading fees for both spot and futures markets | The interface can feel complex for beginners, especially with the extensive products the exchange offers |
| The verification process is quick, allowing users to register with only an email and a password. | MEXC is restricted in some regions, including the United States. |
| High leverage options of up to 500x for futures trading | |
| Fast trade execution and deep liquidity | |
| Frequent token listings and promotional campaigns |
OKX, formerly known as OKEx, is a leading cryptocurrency exchange launched in 2017 by Mingxing “Star” Xu. Headquartered in Seychelles, the exchange was created to offer a comprehensive digital asset ecosystem that includes spot trading, futures, perpetual swaps, options, and DeFi products.
OKX is one of the most widely used crypto exchanges globally, serving millions of users in over 100 countries and recording over $5 billion in daily trading volume according to CoinMarketCap.
While OKX offers exchange services, including trading bots, spot trading, and derivatives products, what sets it apart is its robust trading infrastructure, multi-chain wallet, and commitment to Web3 development through products like OKX Wallet and OKX Chain.
| Pros | Cons |
| Advanced trading tools and a professional-grade interface | Does not offer exchange services in the United States. |
| Strong security infrastructure and transparent operations | Occasional high network fees during peak times |
| Broad product range including spot, futures, options, and DeFi | Limited fiat trading options |
| Integrated Web3 wallet and multi-chain ecosystem | Complex and advanced features may overwhelm new traders |
| Competitive trading fees and high liquidity | |
| The company has its own native blockchain (X Layer), which ensures faster and cheaper transactions. |
| Feature | MEXC | OKX |
| Trading Options | Spot and futures/perpetuals | Spot, margin, futures/perpetuals, and options |
| Leverage (futures/perpetuals) | Up to 500x on major coins/pairs. | Up to 125x on select pairs. |
| Margin Modes | Cross and isolated margin; supports Hedge mode (holding long and short in the same contract). | Has single-currency cross margin, multi-currency cross margin, etc. |
| Trading Bots | Yes | Yes |
| Token Launch Platform | Yes, MEXC launchpad. Users can participate through the MEXC launchpool and Kickstarter. | Yes, Jumpstart. |
| Staking | Yes | Yes |
| Copy Trading | Yes | Yes |
| Demo Trading | Yes | Yes |
MEXC and OKX have some key features that make them suitable for different traders. Let’s explore these features in detail.
Among the similar services OKX and MEXC offer are institutional-grade tools and solutions for hedge funds, asset managers, and professional traders. These services include advanced APIs, customized API access, deep liquidity pools, dedicated account managers, and over-the-counter (OTC) trading.
| Fee | MEXC | OKX |
| Spot (maker/taker) | 0.0000% and 0.0500%
Up to 50% discount available for MX token holders. |
0.080% and 0.100%
Discounts are available via tiered VIP levels. |
| Futures (maker/taker) | 0.000% and 0.020%
|
0.020% and 0.050% |
| Deposit Fees | Free
|
Free |
| Withdrawal Fees | Varies by token and network
|
Varies by token and network |
| Zero Fee Pairs | Yes
|
Yes
|
| Discounts | Hold 500+ MX tokens and get up to a 50% fee discount. The MX token “deduction” also gives 20 % off. | Tiered discounts based on 30-day volume plus OKB holdings. |
| Criteria | MEXC | OKX |
| Supported Coins | 3,000+
|
400+ |
| Trading Pairs | 2,000+ pairs (spot and derivatives combined)
|
500 spot pairs and 400+ derivatives pairs |
| Market Liquidity | Deep liquidity is available for major pairs, although some smaller tokens may have comparable liquidity. | Deep liquidity, especially on major pairs. Also offers a Liquid Marketplace for institution/block trades to reduce slippage |
| 24-hour Trading Volume (CMC) | $6,441,204,299
|
$4,911,631,568 |
Note: All data above reflect data available at the time of writing. Cryptocurrency market volumes and liquidity fluctuate frequently due to market volatility and trading activity. Please verify current data directly on the respective exchange websites or crypto tracking software before making any trading decisions.
Both MEXC and OKX prioritize security by implementing robust security measures to safeguard users’ assets.
| Criteria | MEXC | OKX |
| Referral Bonus (Sign up) | Up to 10,000 USDT | Up to 10,000 USDT |
| Trading Fee Discount (Referrals) | 50% | 30% |
| Affiliate Commissions | 70% on your referrals’ trading fees | 30% on your referrals’ trading fees |
| Additional Perks for Affiliates | 10% commission for sub-affiliates and custom rates for top affiliates. | Additional rewards for high-volume affiliates, including a 20% increase in commission. |
| Payout Frequency for Affiliates | Daily | Weekly |
| Current Referral Code | mexc-NFTP | 98973395 |
| Mandatory KYC | Yes | Yes |
Pro Tip: Learn how to use the MEXC referral code and OKX referral code to unlock up to 10,000 USDT in welcome rewards.
From our MEXC Review, we found that onboarding on the crypto exchange is quick and straightforward. You can sign up with just an email or phone number and a password. While completing KYC isn’t mandatory to explore MEXC’s products, verified users get higher withdrawal limits.
The mobile app mirrors the features on the web platform, supporting both spot and derivatives trading, although the interface can feel slightly cluttered compared to OKX. MEXC’s trading interface includes standard order types, TradingView charts, and advanced charting tools. Users also get access to demo trading, fiat on-ramps, and earning products.
On the other hand, our OKX review revealed that the platform has a more structured onboarding process that includes KYC and additional security setup, making it slightly slower than MEXC but more compliant. The interface is modern and recently upgraded, offering multiple modes: Simple, Advanced, and Web3. The mobile app for iOS and Android is stable, responsive, and well-designed compared to the MEXC mobile app.
OKX’s trading interface offers advanced order types, in-depth analytics, and comprehensive tools for derivatives, including margin, futures, and options. It also offers automated trading bots, earning products, Web3 wallet integration, fiat on-ramps, and cross-chain features.
MEXC provides 24/7 customer support through live chat, email, and a ticketing system, responding within minutes via chat and within 24-48 hours for email inquiries. Its Help Center features detailed trading guides, security resources, and API documentation, complemented by active regional Telegram communities for informal assistance. It’s also one of the most language-friendly exchanges out there, supporting over 40 languages across major regions.
Similarly, OKX offers 24/7 support through chat and tickets, and a comprehensive Help Center. Users can begin with automated responses and escalate to live agents, with average wait times of seconds for chat and about 10–15 minutes for tickets.
The exchange provides clear documentation on trading, security, and platform navigation, along with product tutorials. OKX currently supports around 15 major languages, giving global traders easy access to help whenever they need it.
MEXC and OKX offer powerful trading and decentralized ecosystems that serve traders differently. If you want to explore new tokens and high-leverage trading, MEXC provides basic and advanced trading tools, as well as a robust token launch platform to help you catch new/trending projects before they hit the public.
However, if your focus is on high-volume derivatives trading and smooth navigation, OKX is a more balanced choice. At the end of the day, the best platform is the one that aligns with your goals and trading style, so take time to explore their tools.
To determine which exchange is better than MEXC, it’s important to consider factors like trading fees, trading pairs, liquidity, security, user experience, and regulatory compliance. Top alternatives to MEXC are OKX, Binance, Bybit, Bitget, and Coinbase.
MEXC has lower fees compared to OKX. Although both exchanges charge low fees and offer zero fee pairs, MEXC charges less, placing it among the exchanges with the lowest transaction costs in the crypto market.
MEXC is more beginner-friendly. While both exchanges offer various basic features for beginners, we consider MEXC more beginner-friendly due to its easy-to-use interface, educational content, low fees, and large coin selection.
Both exchanges implement robust security measures to keep users’ assets safe. MEXC and OKX both store the majority of user assets in cold/offline wallets with multi-sig approval, encouraging various account security measures. Additionally, they both have an insurance fund to reimburse traders in case of breaches.
OKX is best for advanced traders. OKX and MEXC both offer products and a platform that are suitable for seasoned traders, but OKX is a stronger pick for professional derivatives traders.
The post MEXC Vs OKX 2025: Which Crypto Exchange Is Best for Trading? appeared first on NFT Plazas.
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