MEXC vs KuCoin: 2026 Comparison
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MEXC and KuCoin are closely matched. MEXC offers up to 10,000 USDT with no KYC; KuCoin offers up to 500 USDT with no KYC. Choose based on your preferred trading features.
MEXC vs KuCoin — Quick Comparison
| Feature | MEXC | KuCoin |
|---|---|---|
| Bonus Amount | Up to 10,000 USDT ✓ | Up to 500 USDT |
| Overall Rating | 9.4 / 10 ✓ | 9.2 / 10 |
| KYC Requirement | Not Required | Not Required |
| Minimum Deposit | None ✓ | 50 USDT |
| Volume to Unlock | 1,000 USDT | 1,000 USDT |
MEXC and KuCoin are tied overall — choose based on your preferred trading style.
Full Comparison Table
| Category |  |  |
|---|---|---|
| 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 | 9.2 / 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 | ✓ Better None | 50 USDT |
| Volume to Unlock Trading volume required for upper bonus tiers (lower = easier) | = Tied 1,000 USDT | = Tied 1,000 USDT |
| Established Founded year — older exchanges have longer operational track records | 2018 | ✓ Better 2017 |
| Registered Users Approximate registered user count per exchange disclosures | 10M+ | ✓ Better 40M+ |
| Regulatory Licences Major regulatory approvals held by the exchange | = Tied Not listed | = Tied Not listed |
| Platform Features Spot, futures, copy trading, earn, web3, etc. | 7 features | ✓ Better 8 features |
| Country Coverage "Global" exchanges operate in most jurisdictions | = Tied Global | = Tied Global |
| Category Wins | 3 | 3 |
Which Exchange Should You Choose?
Choose MEXC if…
- ✓ No-KYC users
- ✓ Altcoin traders
- ✓ No-deposit start
- ✓ Privacy-focused users
Choose KuCoin if…
- ✓ No-KYC preferred
- ✓ Altcoin hunters
- ✓ Privacy-focused traders
- ✓ You can make an initial deposit to unlock the larger bonus
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
KuCoin
Up to 500 USDT Welcome Bonus- 5 USDTRegistration Bonus Register and complete signup steps
- 50 USDTFirst Deposit Reward Make a qualifying first deposit
- 10,945 USDTFutures & Trading Vouchers Complete futures trading volume milestones
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
KuCoin
Pros
- ✓ No KYC required for basic trading and initial bonus access
- ✓ Wide altcoin selection including many early-stage projects
- ✓ Strong mobile app with comprehensive feature set
- ✓ P2P trading supports many fiat currencies
Cons
- ✗ Upper bonus tiers require significant trading volume
- ✗ Deposit required to unlock meaningful bonus tiers
- ✗ Not available for US residents
Fees & Trading Costs
MEXC
- Spot maker fee 0%
- Spot taker fee 0.05%
- Futures maker 0%
- Futures taker 0.01%
- Max leverage Up to 200x
- P2P trading ✓ Available
- Trading pairs 1500+
KuCoin
- Spot maker fee 0.1%
- Spot taker fee 0.1%
- Futures maker 0.02%
- Futures taker 0.06%
- Max leverage Up to 100x
- P2P trading ✓ Available
- Trading pairs 700+
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 | | |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Futures / Derivatives | ✓ | ✓ |
| P2P Trading | ✓ | ✓ |
| Copy Trading | ✓ | ✓ |
| No KYC Option | ✓ | ✓ |
| No Deposit Required | ✓ | ✗ |
| Proof of Reserves | – | ✓ Published |
| Years Operating | Since 2018 | Since 2017 |
New to crypto? Our beginner pick
If you're just getting started, KuCoin is the more approachable option between the two. No identity verification required to start trading. The platform offers clear documentation and support resources for first-time traders.
Both are strong picks — choose by priority
MEXC and KuCoin scored evenly across our 10 comparison categories. Your best choice depends on KYC preference, country availability and trading style.
Frequently Asked Questions
Frequently Asked Questions
Which is better: MEXC or KuCoin?
MEXC and KuCoin score equally across our 10 comparison categories. Your choice should come down to personal priorities: preferred trading style, KYC tolerance and which bonus structure suits your strategy.
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 KuCoin require KYC?
KuCoin 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 KuCoin?
MEXC requires a minimum deposit of No deposit required to activate its welcome bonus. KuCoin requires 50 USDT. MEXC has the lower barrier to entry.
Can I claim bonuses on both MEXC and KuCoin?
Yes — welcome bonuses are one-time offers per exchange, not mutually exclusive between platforms. You can open accounts on both MEXC and KuCoin and claim each platform's welcome bonus independently, provided you meet the individual requirements for each.
Which has lower trading fees — MEXC or KuCoin?
MEXC charges 0% maker / 0.05% taker on spot. KuCoin charges 0.1% maker / 0.1% taker. MEXC has lower maker fees. MEXC has the lower taker rate. Both platforms reduce fees for high-volume traders.
Which is better for beginners — MEXC or KuCoin?
For beginners, MEXC has lower friction — no KYC required, no minimum deposit. This makes it faster to start. That said, both platforms are established and usable for new traders. Start with spot trading and avoid leveraged products until you understand the market.
Does MEXC or KuCoin have P2P trading?
Both MEXC and KuCoin offer P2P trading. You can buy and sell crypto directly with other users using local bank transfers, mobile wallets or cash. Compare the available payment methods and local currency options on each platform to find the better P2P desk for your region.
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