MEXC and Bitget are in style crypto exchanges that allow you to purchase and promote digital cash like BTC, ETH, SOL, and extra simply. Each exchanges assist spot buying and selling, futures buying and selling, P2P buying and selling, instantaneous crypto-to-crypto conversion, and superior safety features like 2FA and chilly storage to maintain your funds secure.
The most effective options of MEXC are no-KYC buying and selling, futures buying and selling with 200x leverage, 2,950+ supported altcoins, and the meme cash buying and selling zone. The most effective options of Bitget are crypto copy buying and selling, margin buying and selling, superior automated buying and selling bots, and Bitget Pockets for DeFi use.
This MEXC vs. Bitget comparability will cowl what the charges of MEXC and Bitget are, what the very best options of MEXC vs. Bitget are, what the supported cryptocurrencies of MEXC and Bitget are, and what the safety ranges of MEXC vs. Bitget are. We may also evaluate consumer expertise and buyer assist on each the crypto exchanges.
MEXC vs. Bitget: Comparability Overview
MEXC stands out with its no-KYC buying and selling coverage that permits you to withdraw as much as 10 BTC each day with out your ID checks or any KYC measures, which is finest for privacy-focused customers or anybody who needs nameless buying and selling. It additionally gives 200x leverage buying and selling, which is greater than Bitget’s 125x.
Bitget is thought for copy buying and selling. Right here, newbies can copy over 190,000 skilled merchants simply. Bitget additionally brings superior buying and selling instruments like 5x margin buying and selling and a DeFi pockets for swapping tokens throughout chains, which you’ll not discover on MEXC. Nevertheless, MEXC lists over 2,950 cash for buying and selling, whereas Bitget at present helps 1,200 cryptocurrencies for buying and selling.
MEXCBitgetFounded20182018Nation of OriginSeychellesSingaporeKYC RequirementNo KYC (as much as 10 BTC withdrawal each day)Necessary KYCU.S. AvailabilityRestricted (VPN workaround attainable)Not obtainableSupported Cryptocurrencies2,9501,200+Futures LeverageAs much as 200xAs much as 125xFutures Contracts1,070+300+Buying and selling Charges (Spot)0% maker, 0.05% taker0.1% maker/taker (0.08% with BGB)Buying and selling Charges (Futures)0% maker, 0.04% taker0.02% maker, 0.06% takerMeme Coin Buying and selling ZoneSure (frequent new listings)NoAutomated Buying and selling BotsSure (primary choices)Sure (Spot Grid, Futures Grid, DCA, and many others.)Pockets for DeFiNoSure (Bitget Pockets, multi-chain)Safety FundNo$600 million (as of writing)LicensesNoneVASP (Bulgaria), BSP (El Salvador)Buyer HelpE mail, dwell chat (gradual responses)24/7 dwell chat, electronic mail (quicker responses)
As a brand new consumer, begin buying and selling on MEXC immediately and revel in 8,000 USDT as a great addition to discover cryptocurrency buying and selling.
What Are The Charges of MEXC and Bitget?
The charges of MEXC and Bitget are buying and selling charges, deposit charges, and withdrawal charges. Here’s a detailed comparability between various kinds of charges:
MEXC vs. Bitget: Withdrawal charges
MEXC prices decrease withdrawal charges in comparison with many crypto exchanges. At the moment, withdrawing Bitcoin utilizing the BTC community prices about 0.00003 BTC on MEXC, which is fairly reasonably priced. About fiat currencies, MEXC doesn’t assist fiat withdrawals, however you need to use third-party fee suppliers like MoonPay to transform your crypto to fiat and withdraw it in your checking account. These charges differ relying in your fee strategies.
Bitget can be identified for very low withdrawal charges and by no means prices further other than the community charges. The Bitcoin withdrawal charges are just like MEXC, and it even gives zero withdrawal charges on the BEP-20 (BNB chain) community. Bitget additionally helps fiat withdrawals by way of financial institution transfers. For instance, you possibly can withdraw EUR utilizing SEPA with prices as little as 0.5 EUR per transaction.
MEXC vs. Bitget: Deposit charges
MEXC doesn’t cost something for cryptocurrency deposits, so you possibly can ship your cash to your MEXC account with out further prices, in fact, you could pay community charges. Bitget additionally follows the identical strategy, providing free crypto deposits throughout the board.
Nevertheless, in the event you’re depositing fiat currencies (like USD or EUR), Bitget helps financial institution transfers and may contain some third-party charges relying in your chosen fee methodology. MEXC additionally helps a number of fiat deposit choices by way of companions, nevertheless it’s not as broad as Bitget’s choices, and a few charges can apply based mostly on the supplier.
Supported Deposit Strategies
MEXC helps each crypto and fiat deposit channels. You may ship crypto cash to your MEXC pockets with no deposit charges, and for fiat deposits, MEXC depends closely on third-party companies moderately than direct financial institution integration.
Right here, you need to use choices like credit score or debit playing cards (Visa and MasterCard) by way of companions similar to Simplex, Banxa, or Mercuryo, or you possibly can go for financial institution transfers by way of SEPA in the event you’re in Europe. P2P buying and selling can be obtainable on the MEXC change, letting you purchase crypto instantly from different customers with numerous native fee strategies and even money.
Bitget gives direct deposit assist for over six fiat currencies, together with USD and EUR, by way of financial institution playing cards, wire transfers, and even P2P buying and selling with greater than 100 native fee choices. Bitget’s integration with third-party suppliers like MoonPay or Advcash provides further comfort to your fiat deposit choices. Therefore, Bitget is finest for fiat deposits, whereas MEXC doesn’t provide many fiat channels, primarily as a result of its no-KYC coverage.
MEXC vs. Bitget: Buying and selling charges
Spot Buying and selling Charges:
MEXC prices very low buying and selling charges. It prices 0% maker and 0.05% taker charges for spot buying and selling, which could be very low in comparison with the trade customary of 0.1% maker/taker. The change additionally gives reductions on maker charges based mostly in your MX token holdings.
Bitget prices 0.1% for each maker and taker on spot trades, which is customary however not as low cost in comparison with MEXC. You will get a 20% low cost by paying charges utilizing a BGB token. Nevertheless, the change gives totally different VIP tiers based mostly in your BGB holdings and buying and selling quantity and you’re going to get a reduction based mostly in your VIP degree too.
Futures Buying and selling Charges:
MEXC has a number of the lowest futures buying and selling charges available in the market immediately. It prices 0% maker charges and 0.04% taker charges to your perpetual futures trades. This suggests that in the event you place an order that contributes liquidity to the market (a maker order), you don’t pay something, and in the event you take an present order (a taker order), you pay a minimal payment of 0.04% per order.
Bitget, however, has a slightly greater price construction for futures buying and selling in comparison with MEXC. It imposes 0.02% for maker orders and 0.06% for taker orders. Bitget additionally provides a reduction in the event you pay charges utilizing their BGB token and if you’re a high-volume dealer.
Therefore, MEXC comes out forward on futures buying and selling charges as a result of its zero maker payment and really low taker payment. Bitget’s charges stay low in comparison with most exchanges, and the BGB low cost reduces them, however it might probably’t match MEXC’s base charges.
What Are The Greatest Options of MEXC vs. Bitget?
The most effective options of MEXC are its 200x leverage perpetual futures buying and selling, spot buying and selling, copy buying and selling, staking, and meme coin buying and selling zone. Nevertheless, it lacks some key buying and selling options that may be discovered on different crypto exchanges, like buying and selling bots, margin buying and selling, and choices buying and selling.
The most effective options of Bitget are its copy buying and selling, 125x leverage futures buying and selling, spot buying and selling, and buying and selling bots. The change gives numerous Earn merchandise like fastened and versatile staking, on-chain earn, crypto loans, shark fin, twin funding, and launchpool.
Be part of Bitget now to assert a 6,200 USDT bonus and get a 20% buying and selling payment low cost for a lifetime.
What Are The Supported Cryptocurrencies of MEXC vs. Bitget?
MEXC gives 2,950 spot buying and selling pairs and over 1,070 futures contracts. This huge choice makes MEXC a favourite amongst individuals who need entry to a lot of digital cash, starting from in style names similar to Bitcoin (BTC) and Ethereum (ETH) to smaller altcoins and a few new tasks. Plus, it gives over 1,070 perpetual futures contract pairs.
Bitget has greater than 1,200 spot buying and selling pairs and over 300 futures contracts. That’s an excellent quantity, though nonetheless decrease than MEXC-supported cash. Bitget nonetheless has high cash similar to BTC, ETH, and Tether (USDT) and a few good number of different low-cap altcoins, nevertheless it seems to prioritize a fastidiously curated choice over amount.
What Is The Safety Stage of MEXC vs. Bitget?
MEXC and Bitget provide numerous safety measures similar to 2FA, chilly storage, anti-phishing code, withdrawal handle whitelisting, SSL encryption, and multi-sig expertise.
2FA (Two-Issue Authentication): MEXC and Bitget use 2FA so as to add an additional step whenever you log in or withdraw funds out of your change account. You might want to enter a secondary code from an app like Google Authenticator or SMS-based, which makes it more durable for hackers to interrupt in even when they know your login password.Chilly Storage: Each exchanges retailer many of the consumer funds of their chilly storage wallets. This retains your crypto offline and away from on-line assaults.Anti-Phishing Code: MEXC and Bitget provide an anti-phishing code function. You must set a singular code that seems in each official electronic mail from the change. This helps you see actual messages and keep away from pretend ones from scammers.Withdrawal Deal with Whitelisting: The withdrawal handle whitelisting on MEXC and Bitget enables you to set and approve particular pockets addresses to your crypto withdrawals. This lets you cease anybody from sending your funds to unapproved addresses.SSL Encryption: MEXC and Bitget each use SSL encryption to safe the information you ship to their servers. Usually, they scramble your info, like passwords, so hackers can’t learn it throughout transmission, even when they get entry to it.Multi-Sig Expertise: Each buying and selling platforms implement multi-signature (multi-sig) expertise for crypto transactions. On this case, a number of approvals are required to signal a single giant transaction; therefore, this eliminates a single level of failure.
Bitget Safety Fund
Bitget has greater than $600 million in safety funds as of immediately. The fund will present cowl to customers in case there’s a safety breach and losses happen. It started in 2022 and progressively developed utilizing a proportion of buying and selling charges.
Bitget Licenses
Bitget follows the regulatory standing the place it operates. The change has strict KYC insurance policies and has secured licenses in numerous jurisdictions, similar to a Digital Asset Service Supplier (VASP) license from Bulgaria’s Nationwide Income Company. It is usually engaged on a BSP license in El Salvador.
However, MEXC’s no-KYC coverage attracts regulatory scrutiny and might appeal to cash laundering. And due to the no-KYC coverage, MEXC doesn’t maintain any main working license.
How Do the Consumer Expertise and Buyer Help Examine for MEXC vs. Bitget?
MEXC and Bitget are a number of the finest crypto exchanges when it comes to consumer expertise and buyer assist. Each platforms provide a user-friendly interface and a easy buying and selling portal for newbies. MEXC has electronic mail and dwell chat, however replies could also be delayed, annoying customers who require instant help. Bitget additionally has a 24/7 dwell chat and electronic mail and is commonly complimented on being quicker in its responses.
MEXC cellular app is feature-rich however can typically really feel advanced for newbies as a result of its number of superior options. It additionally gives a high-performance engine dealing with 1.4 million transactions per second.
Now, let’s examine actual consumer MEXC evaluations. A Trustpilot consumer says, “I traded on MEXC for over two years. I deposit and withdraw funds with out points. They by no means scammed me or took my cash.”
Nevertheless, a Reddit remark notes, “Their assist is a joke although. No reference ticket numbers. Needed to screenshot chat as proof.”
Listed here are some actual consumer Bitget evaluations. A Trustpilot overview states, “I didn’t use Bitget for buying and selling but so I can’t let any overview concerning the buying and selling expertise, however I can say I by no means acquired any points with purchase/promote/swap or receiving/transferring funds.”
Which Trade Fits You Greatest: MEXC or Bitget?
MEXC most closely fits customers who need no-KYC buying and selling, futures buying and selling with 200x leverage, 2,950+ supported altcoins, and meme cash buying and selling zone. Bitget most closely fits those that need crypto copy buying and selling, margin buying and selling, superior automated buying and selling bots, and Bitget Pockets for DeFi use.
Who’s MEXC Greatest For?
MEXC is finest for:
No-KYC Crypto Merchants: MEXC is finest for merchants who need to guarantee anonymity and privateness whereas buying and selling. You should buy and withdraw as much as 10 BTC in a day with out KYC. You can begin buying and selling together with your electronic mail and withdraw crypto with none ID verifications.200x Futures Leverage Buying and selling: MEXC is finest for high-leverage buying and selling. It offers as much as 200x leverage for its perpetual futures contracts. You may commerce 1070 futures contracts at excessive leverage.A number of Supported Cash: MEX is finest for individuals who need quite a lot of crypto cash listed on the centralized change. It has 2,950 obtainable spot buying and selling pairs and greater than 1,070 futures contracts. So, you possibly can commerce each in style cash like BTC, ETH and new rising tokens.Meme Coin Buying and selling: MEXC is good for meme coin merchants. It always lists new meme cash upon their launch in a chosen buying and selling zone.
You may learn our in-depth MEXC overview for more information, and if you’re a brand new consumer, you need to use our MEXC referral code throughout registration to get an 8,000 USDT sign-up bonus.
Can People Use MEXC?
No, People can not use MEXC simply due to strict regulatory guidelines in america. MEXC is a crypto change that blocks customers from the U.S. based mostly on their IP handle.
This occurs as a result of the U.S. has powerful legal guidelines about crypto buying and selling, like requiring exchanges to observe anti-money laundering (AML) guidelines and confirm everybody’s id (KYC). Nevertheless, as a result of its no-KYC coverage, some folks use a VPN to cover their location and decide a rustic the place MEXC works.
Who’s Bitget Greatest For?
Bitget is finest for:
Crypto Copy Buying and selling: Bitget is finest for novice merchants who need to copy different skilled merchants on the platform and make earnings. You may monitor the very best merchants based mostly on PnL and win charge and replicate their trades routinely with no need to be taught every little thing your self. It’s a quite simple solution to start buying and selling with out numerous expertise.Margin Buying and selling: Bitget is finest for individuals who need margin buying and selling with 5x leverage. You may borrow funds from the change together with your idle property as collateral. It gives each cross and remoted margin modes and likewise gives superior order sorts for threat administration. Superior Automated Buying and selling Bots: Bitget is ideal for customers who need buying and selling performed for them. Bitget gives numerous bot sorts, similar to grid bots, portfolio rebalancing bots, martingale bots, and arbitrage bots. Bitget Pockets for DeFi Use: Bitget is for individuals who want a DeFi pockets. The Bitget Pockets lets you retailer crypto, change tokens, and entry DeFi apps securely. You may go totally decentralized with Bitget Pockets.
You may learn our detailed Bitget overview for more information and if you’re a brand new consumer, you need to use our Bitget referral code throughout registration to get a 6,200 USDT sign-up bonus.
Which Nation Owns Bitget?
Bitget is owned by an organization from Singapore. It’s run by the Bitget Group, which began in 2018 and has its foremost workplace in Singapore. Bitget works in over 100 international locations however not the U.S. or a number of others due to native legal guidelines.
Support Greater and Subscribe to view content
This is premium stuff. Subscribe to read the entire article.
