MEXC vs CoinEx: 2026 Comparison
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MEXC wins this comparison with 4 of 10 category advantages. MEXC offers up to 10,000 USDT, no KYC required. Score: MEXC 4–2 CoinEx.
MEXC vs CoinEx — Quick Comparison
| Feature | MEXC | CoinEx |
|---|---|---|
| Bonus Amount | Up to 10,000 USDT ✓ | Up to 500 USDT |
| Overall Rating | 9.4 / 10 ✓ | 8.7 / 10 |
| KYC Requirement | Not Required | Not Required |
| Minimum Deposit | None | None |
| Volume to Unlock | 1,000 USDT | None ✓ |
MEXC has the edge in this comparison (4/10 categories).
Full Comparison Table
| Category | MEXC | CoinEx |
|---|---|---|
| Bonus Amount Maximum advertised welcome bonus | ✓ Better Up to 10,000 USDT | Up to 500 USDT |
| Overall Rating Editorial score based on product quality, trust and value | ✓ Better 9.4 / 10 | 8.7 / 10 |
| KYC Requirement "Not Required" means basic trading available without identity verification | = Tied Not Required | = Tied Not Required |
| Minimum Deposit Minimum first deposit to activate the welcome bonus | = Tied None | = Tied None |
| Volume to Unlock Trading volume required for upper bonus tiers (lower = easier) | 1,000 USDT | ✓ Better None |
| Established Founded year — older exchanges have longer operational track records | 2018 | ✓ Better 2017 |
| Registered Users Approximate registered user count per exchange disclosures | ✓ Better 10M+ | 5M+ |
| Regulatory Licences Major regulatory approvals held by the exchange | = Tied Not listed | = Tied Not listed |
| Platform Features Spot, futures, copy trading, earn, web3, etc. | ✓ Better 7 features | 6 features |
| Country Coverage "Global" exchanges operate in most jurisdictions | = Tied Global | = Tied Global |
| Category Wins | 4 | 2 |
Which Exchange Should You Choose?
Choose MEXC if…
- ✓ No-KYC users
- ✓ Altcoin traders
- ✓ No-deposit start
- ✓ Privacy-focused users
Bonus Breakdown
MEXC
Up to 10,000 USDT Welcome Bonus- 10 USDTRegistration Bonus Register and complete signup tasks
- 50 USDTFirst Deposit Reward Make a qualifying first deposit
- 9,940 USDTFutures Trading Vouchers Complete futures trading volume tasks
CoinEx
Up to 500 USDT Signup Bonus- 10 USDTRegistration Reward Register an account - no KYC required
- 490 USDTFirst Deposit Bonus Make a qualifying first deposit
Pros & Cons
MEXC
Pros
- ✓ No KYC required for basic trading access
- ✓ No deposit required for initial signup bonus
- ✓ Huge selection of altcoins including early new listings
- ✓ Available in most countries worldwide
Cons
- ✗ Smaller overall bonus ceiling compared to Bybit
- ✗ Upper bonus tiers require trading activity
- ✗ Not available for US residents
CoinEx
Pros
- ✓ No KYC required - signup bonus accessible immediately
- ✓ Low and transparent trading fees
- ✓ Beginner-friendly interface with clear navigation
- ✓ Wide global availability across most countries
Cons
- ✗ Smaller exchange with lower liquidity on some trading pairs
- ✗ Smaller overall bonus ceiling compared to major exchanges
- ✗ Fewer payment method options
Fees & Trading Costs
MEXC
- Spot maker fee 0%
- Spot taker fee 0.2%
- Futures maker 0%
- Futures taker 0.01%
- Max leverage Up to 200x
- P2P trading ✓ Available
- Trading pairs 1500+
CoinEx
- Spot maker fee 0%
- Spot taker fee 0.1%
- Futures maker 0.03%
- Futures taker 0.05%
- Max leverage Up to 100x
- P2P trading ✗ Not available
- Trading pairs 800+
Fees shown are standard rates. Discounts apply with native token holdings or VIP tiers. Always verify current fees on the official exchange fee schedule.
Platform Features
| Feature | MEXC | CoinEx |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Futures / Derivatives | ✓ | ✓ |
| P2P Trading | ✓ | ✗ |
| Copy Trading | ✓ | – |
| No KYC Option | ✓ | ✓ |
| No Deposit Required | ✓ | ✓ |
| Proof of Reserves | – | – |
| Years Operating | Since 2018 | Since 2017 |
New to crypto? Our beginner pick
If you're just getting started, MEXC is the more approachable option between the two. No identity verification required to start trading. You can claim a bonus without making an initial deposit. The platform offers clear documentation and support resources for first-time traders.
MEXC wins this comparison
MEXC leads across 4 of 10 categories in our side-by-side review. No KYC required — start trading without submitting identity documents.
Frequently Asked Questions
Frequently Asked Questions
Which is better: MEXC or CoinEx?
Based on our editorial scoring across 10 categories, MEXC edges ahead with 4 category wins to 2. However, the right choice depends on your priorities — MEXC is stronger for no-kyc users and altcoin traders, while CoinEx is better suited for no-kyc beginners and low-fee traders.
Does MEXC require KYC?
MEXC does not require full KYC for basic trading access. You can register and start trading without submitting identity documents, though withdrawal limits and some features may be restricted on unverified accounts.
Does CoinEx require KYC?
CoinEx does not require full KYC for basic trading access. You can register and start trading without submitting identity documents, though withdrawal limits and some features may be restricted on unverified accounts.
What is the minimum deposit for MEXC vs CoinEx?
MEXC requires a minimum deposit of No deposit required to activate its welcome bonus. CoinEx requires No deposit required. Both exchanges have the same minimum deposit requirement.
Can I claim bonuses on both MEXC and CoinEx?
Yes — welcome bonuses are one-time offers per exchange, not mutually exclusive between platforms. You can open accounts on both MEXC and CoinEx and claim each platform's welcome bonus independently, provided you meet the individual requirements for each.
Which has lower trading fees — MEXC or CoinEx?
MEXC charges 0% maker / 0.2% taker on spot. CoinEx charges 0% maker / 0.1% taker. Maker fees are equal. CoinEx has the lower taker rate. Both platforms reduce fees for high-volume traders.
Which is better for beginners — MEXC or CoinEx?
Both MEXC and CoinEx are accessible to beginners. Neither has a clear usability advantage — the right choice comes down to which payment methods you want to use and which trading interface you find more intuitive. Both offer educational resources for new traders.
Does MEXC or CoinEx have P2P trading?
MEXC has P2P trading — you can buy crypto directly with local payment methods without going through the exchange's order book. CoinEx does not have a native P2P desk; use its standard deposit methods instead.
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