How MEXC's Zero-Fee Trading Works
MEXC uses a maker-taker fee model for spot trading. Makers are traders who place limit orders that rest in the order book, adding liquidity to the market. On MEXC, maker orders are completely free — 0% fee. Takers are traders who place market orders or limit orders that immediately match with existing orders, removing liquidity. Taker orders on MEXC cost 0.01% of the trade value.
To put this in perspective: a $10,000 market (taker) order on MEXC costs $1 in fees. The same order on Binance (0.1%) costs $10. On Kraken (0.26%) it costs $26. For active traders, these differences compound dramatically over time. A trader executing $100,000 in monthly volume saves $90 per month versus Binance's standard rates — $1,080 per year.
Limit orders on MEXC are completely free as long as they rest in the order book (maker orders). This means patient traders who set limit orders and wait for the market to come to their price pay nothing at all on spot trades. This makes MEXC the optimal platform for disciplined limit-order traders.
Fee Comparison: MEXC vs Competitors
The table below illustrates how MEXC's fees compare to the industry on a $10,000 trade: MEXC taker $1.00, Binance taker $10.00, OKX taker $10.00, Bybit taker $10.00, KuCoin taker $10.00, Kraken taker $26.00, Coinbase taker $60.00. MEXC's maker fee of $0.00 compares to Binance maker $10.00, OKX maker $8.00, and Kraken maker $16.00.
For high-frequency traders and algorithmic strategies, these fee differences are transformative. A trading bot running $1 million in monthly volume saves $900-$2,500 per month using MEXC over Binance depending on order type distribution. Over a year, that is $10,800-$30,000 in fee savings — capital that compounds back into trading.
MEXC maintains these low fees as a competitive strategy to attract and retain high-volume traders. The business model relies on volume growth offsetting the lower per-trade revenue.
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MX Token Fee Discounts on Top of Zero Fees
MEXC's already-low 0.01% taker fee can be further reduced by holding MX tokens (MEXC's native token) and enabling MX fee payment. MX holders at various VIP levels receive percentage discounts on taker fees, potentially reducing the rate to effectively 0% for high-volume MX holders.
To activate MX fee discounts: purchase MX tokens on the spot market, ensure they are in your spot account, and enable 'MX deduction' in your account settings under Trading Fee Settings. The system will automatically use MX tokens equivalent to the discounted fee amount for each taker order.
The MX token VIP fee tiers are published on MEXC's fee schedule page and updated periodically. The combination of MEXC's baseline low fees and MX discounts creates one of the most cost-effective trading environments available on any centralized exchange.
Futures Fees: Also Near Zero
MEXC's futures trading fees match its spot rates: 0% for maker orders and 0.01% for taker orders on perpetual contracts. This makes MEXC's futures platform equally competitive on fees. Futures also involve funding rates — periodic payments between long and short traders that maintain price alignment with spot markets.
Funding rates are separate from trading fees and are not a MEXC revenue item — they are redistributions between traders. At neutral market conditions, funding rates are approximately 0.01% per 8 hours (0.03% daily). Understanding total cost including funding rates is important for futures positions held overnight or longer.
For day traders and scalpers who open and close positions within the same funding period, futures costs on MEXC are essentially just the 0.01% taker fee — extremely competitive for any derivatives platform globally.