Fee comparison

Binance vs MEXC fees

Binance is cheaper in 1 of 3 scenarios. We priced three everyday transactions in Germany (EUR) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.

Demo data

Scenario 1

Buy €1,000 of BTC by bank transfer, withdraw on Bitcoin

Binance€3.35 0.34%

MEXCBank transfer not supported

Scenario 2

Buy €500 of ETH by card, withdraw on Arbitrum

Binance€9.88 1.98%

MEXC€26.97 5.39%

Scenario 3

Buy €250 of USDT by bank transfer, withdraw on Tron

Binance€0.84 0.34%

MEXCBank transfer not supported

Fee schedule side by side

Fee	Binance	MEXC
Taker fee	0.10%	0.05%
Maker fee	0.10%	0.00%
Estimated spread (BTC)	0.05%	0.15%
Bank deposit	0.00%	Not offered
Card deposit	1.80%	3.50%
BTC withdrawal	0.00002 BTC	0.0003 BTC
Currencies accepted	EUR, GBP, BRL, MXN	None

Comparisons

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