MEXC Fee Structure Overview
MEXC uses a maker-taker fee model, which is the industry standard across major cryptocurrency exchanges. Under this model, traders who add liquidity to the order book (makers) pay lower fees than those who remove liquidity (takers). A maker order is any limit order that does not execute immediately — it sits on the order book and waits for a counterparty. A taker order is any order that matches against an existing order on the book, including market orders and aggressive limit orders.
On MEXC, the fee structure is divided into two main categories: spot trading and futures trading. Spot trading carries a 0% maker fee and a 0.01% taker fee at the base tier. Futures trading charges 0% for makers and 0.02% for takers. These rates apply to all users by default, with no minimum volume requirement to access the base tier.
Beyond trading fees, MEXC applies network-dependent withdrawal fees, while crypto deposits are completely free. There are no account maintenance fees, no inactivity fees, and no hidden monthly charges. The total cost of trading on MEXC depends on your order type, the market you trade in, and whether you take advantage of fee-reduction methods such as holding MX tokens or reaching VIP status through trading volume.
To calculate your actual trading cost, multiply your trade value by the applicable fee rate. For example, a $10,000 spot market order costs just $1 in taker fees (0.01%). The same trade on most competitors would cost $10 or more at their standard 0.1% rate.
MEXC Spot Trading Fees
MEXC's spot trading fees are among the lowest in the entire crypto exchange industry. The maker fee is 0%, meaning you pay absolutely nothing when you place a limit order that adds liquidity to the order book. The taker fee is just 0.01%, which applies when your order is filled immediately against an existing order. For context, most major exchanges charge 0.1% for takers at their base tier — that is 10 times higher than MEXC.
To take advantage of the 0% maker fee, always use limit orders when possible. A limit buy order placed below the current market price will sit on the order book as a maker order. Similarly, a limit sell order above market price is a maker order. Only when your limit order crosses the spread and executes immediately does it count as a taker order.
Here is what this means in practice: if you buy $50,000 worth of Bitcoin using a limit order on MEXC, your trading fee is $0. The same trade on Binance at the standard tier costs $50 (0.1% taker) or $50 (0.1% maker). On Bybit, it costs $50 at the standard 0.1% rate. On KuCoin, the standard rate is also 0.1% for both sides.
MEXC applies no minimum order size for most spot pairs, meaning you can trade with as little as a few dollars. There are no additional surcharges for trading less popular altcoin pairs. The 0% maker and 0.01% taker rate applies universally across all 2,700+ spot trading pairs available on the platform, regardless of the token's market cap or liquidity level.
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MEXC Futures Trading Fees
MEXC futures trading fees follow the same maker-taker model as spot, but with slightly different rates. The maker fee is 0%, and the taker fee is 0.02%. These rates apply to both USDT-margined and coin-margined perpetual contracts. Compared to competitors, MEXC's futures fees remain highly competitive — Binance charges 0.02% maker and 0.05% taker, while Bybit charges 0.02% maker and 0.055% taker at their base tiers.
When trading futures with leverage, fees are calculated on the total position size, not your margin. For example, if you open a $10,000 position with 10x leverage (using $1,000 margin), the taker fee is 0.02% of $10,000 = $2. This is important to understand because leveraged trades amplify both your exposure and your fee costs proportionally.
Funding rates are another cost unique to perpetual futures contracts. These are periodic payments exchanged between long and short holders every 8 hours. When the funding rate is positive, longs pay shorts; when negative, shorts pay longs. Funding rates on MEXC typically range from -0.01% to +0.01% per period but can spike significantly during volatile market conditions. You can check the current funding rate for any contract on the trading page.
To minimize futures fees, use limit orders to qualify as a maker (0% fee). Avoid opening and closing positions with market orders, as each side incurs taker fees. Consider your holding period carefully — funding rate payments can add up over multiple periods and may exceed your trading fee savings if you hold a position for days or weeks.
MEXC Deposit Fees
MEXC does not charge any fees for cryptocurrency deposits. Whether you deposit Bitcoin, Ethereum, USDT, or any other supported token, the deposit itself is completely free on MEXC's side. The only cost you bear is the network transaction fee charged by the blockchain when sending from your external wallet — this fee goes to miners or validators, not to MEXC.
For fiat deposits, the costs depend on the third-party payment provider. MEXC partners with services like Banxa, Simplex, and Mercuryo for credit/debit card purchases. Typical card purchase fees range from 1.5% to 3.5% of the transaction amount, depending on the provider, your region, and the currency used. Bank transfer deposits through supported providers generally carry lower fees of 0.5% to 1.5%, though they take longer to process.
P2P (peer-to-peer) trading on MEXC is another way to deposit fiat with potentially zero platform fees. MEXC acts as an escrow service, and the fees depend on the individual P2P merchant. Many merchants offer rates at or near market price, making this an economical option for users in regions with limited banking access.
To minimize deposit costs, transfer crypto directly from another exchange or wallet rather than buying with a card. If you must use a card, compare rates across the available providers on the MEXC buy page. USDT on the TRC20 or Polygon network offers very low transfer fees (typically under $1) for moving stablecoins onto the platform.
MEXC Withdrawal Fees
Withdrawal fees on MEXC vary by cryptocurrency and the blockchain network you choose. These fees cover the network transaction cost and a small platform margin. Here is a comparison of withdrawal fees for the most popular coins across different networks:
Bitcoin (BTC): 0.0001 BTC via the Bitcoin network (approximately $6-10 depending on BTC price). Ethereum (ETH): 0.0005 ETH via ERC-20 (approximately $1.50-3). USDT: 1 USDT via TRC20 (Tron network), 3.5 USDT via ERC-20 (Ethereum), or 0.1 USDT via Polygon. USDC: 1 USDC via TRC20, 3.5 USDC via ERC-20. SOL: 0.01 SOL via Solana network. XRP: 0.25 XRP via the XRP Ledger.
The key to minimizing withdrawal costs is selecting the cheapest network for your token. For stablecoin withdrawals, TRC20 (Tron) and Polygon are the most economical options, costing just $0.10 to $1.00. The ERC-20 (Ethereum) network is significantly more expensive due to higher gas fees. Always verify that the receiving wallet or exchange supports the network you choose before initiating a withdrawal.
Compared to competitors, MEXC's withdrawal fees are generally in line with industry averages. Binance charges 0.0002 BTC for Bitcoin withdrawals (double MEXC's rate) and 1 USDT for TRC20 USDT (same as MEXC). Some exchanges like Bybit offer occasional zero-fee withdrawal promotions on select networks. MEXC periodically adjusts withdrawal fees based on network congestion levels, so always check the current fee on the withdrawal page before confirming.
How to Reduce MEXC Trading Fees
Even though MEXC's fees are already among the lowest in the industry, there are several strategies to reduce your costs even further. The most impactful method is using limit orders instead of market orders. Limit orders that rest on the book qualify as maker orders at 0% fee, while market orders cost 0.01% (spot) or 0.02% (futures).
Holding MX tokens, MEXC's native exchange token, provides fee discounts across the platform. MX holders can activate fee deductions where a portion of trading fees is paid in MX at a discounted rate. The exact discount depends on your MX holdings balance — check the MEXC fee schedule page for current rates. MX token staking also unlocks additional platform benefits beyond fee reductions.
Using a referral code when signing up is another way to reduce costs from day one. The referral code mexc-bonus20 provides a welcome bonus and fee kickback benefits. Referred users and the referrer both receive a percentage of trading fees back as a rebate, effectively lowering the net cost of each trade.
Reaching VIP status through higher 30-day trading volume unlocks progressively lower fees. VIP1 starts at $10 million in 30-day spot volume or $20 million in futures volume. At VIP1, the spot taker fee drops to 0.009%, and at VIP4 it reaches 0.006%. For high-volume traders, these marginal reductions compound into meaningful savings.
Finally, participate in MEXC's periodic fee promotions. The exchange regularly runs zero-fee events on specific trading pairs or product launches, especially for new token listings and futures contract debuts.
MEXC Fee Comparison vs Competitors
When comparing trading fees across the top crypto exchanges, MEXC consistently offers the lowest rates at the base tier. Here is a side-by-side breakdown of standard fees for new users with no VIP status:
Spot Trading — MEXC: 0% maker / 0.01% taker. Binance: 0.1% maker / 0.1% taker. Bybit: 0.1% maker / 0.1% taker. OKX: 0.08% maker / 0.1% taker. KuCoin: 0.1% maker / 0.1% taker.
Futures Trading — MEXC: 0% maker / 0.02% taker. Binance: 0.02% maker / 0.05% taker. Bybit: 0.02% maker / 0.055% taker. OKX: 0.02% maker / 0.05% taker. KuCoin: 0.02% maker / 0.06% taker.
The difference is most dramatic on spot trading, where MEXC's taker fee is 10 times lower than Binance, Bybit, and KuCoin. For a trader executing $100,000 in monthly spot volume with market orders, the total taker fees would be: MEXC = $10, Binance = $100, Bybit = $100, OKX = $100, KuCoin = $100. That is a $90 monthly savings by using MEXC.
On futures, the gap narrows but MEXC still wins. For $1 million in monthly futures taker volume: MEXC = $200, Binance = $500, Bybit = $550, OKX = $500, KuCoin = $600. Binance offers BNB-based fee discounts (25% off) and Bybit has a maker rebate at higher VIP levels, but neither matches MEXC's base-tier pricing.
It is worth noting that fee schedules change over time. Always verify current rates on each exchange's official fee page before making decisions based on fee comparisons.
Hidden Costs to Watch For
While MEXC's explicit trading fees are exceptionally low, there are indirect costs that can impact your total trading expenses. Understanding these hidden costs is essential for accurate profit calculations.
Spread costs are the most overlooked expense. The spread is the difference between the best bid and ask price on the order book. On highly liquid pairs like BTC/USDT, the spread is typically 0.01% or less. However, on low-liquidity altcoin pairs, spreads can reach 0.5% to 2% or more. This means buying and immediately selling a low-liquidity token could cost you several percent even with zero maker fees. Always check the order book depth before trading small-cap tokens.
Funding rates on perpetual futures contracts are a recurring cost that many traders underestimate. While each 8-hour funding payment may seem small (0.01% or less), holding a position through 90 funding periods in a month adds up. In a trending market, funding rates can spike to 0.1% or higher per period, meaning a leveraged long position could lose 0.3% daily just in funding costs.
Conversion fees apply when you use MEXC's built-in convert function to swap between cryptocurrencies. The convert feature offers convenience but typically includes a 0.1% to 0.5% spread markup compared to placing a limit order on the spot market. For larger amounts, always use the spot trading interface instead of the convert function.
Slippage is another hidden cost on large orders. If your market order is larger than the available liquidity at the best price, it will fill across multiple price levels. On major pairs this is rarely an issue, but on smaller pairs, a $50,000 market order could experience 0.5% or more in slippage. Use limit orders or break large orders into smaller pieces to minimize slippage impact.
MEXC VIP Fee Tiers
MEXC's VIP program rewards high-volume traders with progressively lower fees. The program has multiple tiers based on your 30-day trading volume, and you qualify separately for spot and futures VIP levels. Your VIP status updates daily based on a rolling 30-day window.
Here is the spot VIP fee schedule: Regular (default): 0% maker / 0.01% taker. VIP1 ($10M+ volume): 0% maker / 0.009% taker. VIP2 ($50M+): 0% maker / 0.008% taker. VIP3 ($100M+): 0% maker / 0.007% taker. VIP4 ($200M+): 0% maker / 0.006% taker. VIP5 ($500M+): 0% maker / 0.005% taker.
For futures VIP tiers: Regular: 0% maker / 0.02% taker. VIP1 ($20M+): 0% maker / 0.018% taker. VIP2 ($100M+): 0% maker / 0.016% taker. VIP3 ($200M+): 0% maker / 0.014% taker. VIP4 ($500M+): 0% maker / 0.012% taker. VIP5 ($1B+): 0% maker / 0.01% taker.
Notice that the maker fee remains at 0% across all VIP levels for both spot and futures — the discount applies only to taker fees. This means the VIP program primarily benefits traders who frequently use market orders or trade aggressively. For traders who exclusively use limit orders, VIP status provides minimal additional savings since the maker fee is already zero.
MEXC also offers a Market Maker program for professional liquidity providers with custom fee structures, often including negative maker fees (maker rebates). Apply through the official MEXC institutional page if you qualify with high-frequency algorithmic trading volumes.
Is MEXC the Cheapest Exchange?
For the vast majority of traders, MEXC is the cheapest major cryptocurrency exchange available in 2026. With 0% maker fees on both spot and futures, and taker fees of just 0.01% (spot) and 0.02% (futures), no other top-10 exchange matches MEXC's base-tier pricing. This makes it the clear winner for casual traders, small accounts, and anyone trading at standard volume levels.
However, there are specific scenarios where competitors may offer better value. Binance users who hold BNB and activate the BNB fee discount receive 25% off trading fees, bringing their effective spot rate to 0.075% — still higher than MEXC's 0.01%, but Binance offers deeper liquidity on major pairs, which can mean tighter spreads and less slippage on very large orders. For a whale executing a $5 million market order, the spread savings on Binance could exceed the fee savings on MEXC.
Bybit occasionally runs zero-fee promotions on specific futures pairs and offers maker rebates at higher VIP levels (negative maker fees), which can make it cheaper for professional market makers. OKX has competitive VIP pricing for ultra-high-volume institutional traders at VIP5 and above.
For withdrawal fees, the comparison is mixed. MEXC is cheaper for Bitcoin withdrawals (0.0001 BTC vs Binance's 0.0002 BTC) but roughly equal for stablecoin withdrawals via TRC20. Some smaller exchanges offer free withdrawals on select networks as promotional incentives.
The bottom line: MEXC wins on fee structure for 90%+ of retail traders. The only situations where competitors may come out ahead are ultra-high-volume institutional trading (where custom OTC rates apply) and very large single orders on high-liquidity pairs (where Binance's deeper order book reduces slippage). For everyday trading of spot and futures at normal volumes, MEXC is objectively the most cost-effective choice.