MEXC Review: Spot and Futures Fees, Listings Volume, Regulatory Access
Review summary
MEXC offers 0% maker fees on spot trades and competitive futures rates, alongside frequent new coin listings, though access remains blocked in multiple jurisdictions.
MEXC, a Seychelles-registered centralized exchange launched in 2018, focuses on low-cost spot and futures trading with extensive altcoin support. The platform lists between 1,500 and 2,868 coins and maintains over 1,800 spot pairs. It reports 24-hour spot volumes between $600 million and $830 million in late October 2026 snapshots, with futures perpetuals reaching around $11 billion on certain trackers.
MEXC Fees Structure for Spot and Futures Trading
Standard spot trading carries a 0% maker fee across all pairs. Taker fees sit at 0.05% on major USDT pairs, though some Special Rate pairs reach 0.08%. Numerous pairs operate under a 0%/0% structure. Holders of the MX token receive a 20% discount on eligible taker fees, reducing them to approximately 0.04%.
Futures fees vary by contract. USDT-margined perpetuals on BTCUSDT show 0% maker and 0.02% taker rates, while ETHUSDT lists 0% maker and 0.01% taker. Standard contracts range from 0.01% maker to 0.04% taker, with upper limits at 0.04%/0.10%. API orders face separate rates of 0.06%/0.08% implemented since June 2026. MX token deductions apply a 20% reduction where available. Deposits remain free for cryptocurrencies, while withdrawal fees depend on the specific coin and network. Funding rates adjust every eight hours according to market conditions.
- Spot maker fee: 0% on all pairs
- Spot taker fee: 0.05% on major pairs, up to 0.08% on others
- Futures maker/taker on BTCUSDT: 0%/0.02%
- Futures maker/taker on ETHUSDT: 0%/0.01%
- API futures rates since June 2026: 0.06%/0.08%
| Contract Type | Maker Fee | Taker Fee |
|---|---|---|
| BTCUSDT Perpetual | 0% | 0.02% |
| ETHUSDT Perpetual | 0% | 0.01% |
| Standard Contracts | 0.01% | 0.04% |
| API Orders | 0.06% | 0.08% |
New Listings Volume, Trading Activity, and Regulatory Limits
MEXC adds dozens of new tokens monthly, often introducing coins first in dedicated Innovation or Meme+ zones. Recent October 2026 additions included NOMA, JAGENT, RSGP, PRSM, and RITUAL. Monthly Proof of Reserves audits by Hacken have shown coverage ratios above 100% across major assets, such as 294% for BTC and 122% for USDT in the October 2026 report. Leverage reaches up to 500x on select futures contracts. KYC verification unlocks higher withdrawal and trading limits in applicable cases.
Access remains restricted in at least 13 jurisdictions under the user agreement, including the United States, United Kingdom, Canada, Singapore, Hong Kong, Mainland China, Malaysia, Kazakhstan, North Korea, Cuba, Iran, Sudan, and Russian-controlled regions of Ukraine. Additional FATF and sanctioned countries face blocks. The platform lacks MiCA authorization. Phased exits continue from the Netherlands with final offboarding around October 31 to November 16, 2026. Service discontinuation affects Russia and Belarus following an October 20 announcement. France sees restrictions beginning November 18, 2026, with position closures required by January 2027 and withdrawals permitted until March 2027.
These limits reduce availability for traders in affected regions while the platform maintains high listing cadence and volume in permitted markets. Users outside restricted areas can access the full range of spot pairs and perpetual contracts without additional geographic barriers noted in current documentation.
Frequently asked questions
What are the current MEXC spot taker fees?
Taker fees stand at 0.05% on major USDT pairs, rising to 0.08% on certain Special Rate pairs. MX token use reduces eligible taker fees by 20%.
How often does MEXC add new listings?
The exchange adds dozens of tokens each month, frequently placing them in Innovation or Meme+ zones before broader availability.
Which countries cannot use MEXC?
The platform blocks users from the US, UK, Canada, Singapore, Hong Kong, China, and several other jurisdictions listed in its agreement, plus ongoing exits from the Netherlands, Russia, Belarus, and France.
Does MEXC publish proof of reserves?
Monthly audits by Hacken show reserve ratios above 100% for assets including BTC and USDT as of the October 2026 report.
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