MEXC Spot Trading Fees
MEXC's spot trading fee structure is one of the most competitive in the exchange industry. The spot maker fee is 0% — completely free for limit orders that rest in the order book and add liquidity. This is a genuine zero, not a conditional rate that requires a high trading tier or token holding. The spot taker fee — applied to market orders and limit orders that immediately match existing orders — is 0.1%.
To put this in context: on a $1,000 spot buy using a market order, you pay $1.00 in fees. On a $1,000 limit buy that fills at your specified price, you pay $0. For active traders who use limit orders consistently, MEXC's spot fee structure effectively eliminates trading costs on the buy side. The 0% maker fee applies to all users, all trading pairs, and all account tiers — it is not a promotional rate.
This fee structure is notably different from competitors. Binance's standard spot maker fee is 0.1% (matching MEXC's taker rate). Bybit's spot maker fee is also 0.1%. By comparison, MEXC's 0% spot maker fee represents a meaningful structural cost advantage for traders who prioritize limit order execution — which should be most retail traders.
MEXC Futures Trading Fees
MEXC's futures market operates on perpetual contracts and delivery contracts. For perpetual futures — the most commonly traded product — the standard fee structure is a 0% maker fee and a 0.02% taker fee. This applies to both USDT-margined and coin-margined (inverse) contracts. Delivery futures may have slightly different rate structures; check the specific contract specification before trading.
In addition to maker/taker fees, futures traders pay funding rates — periodic charges that keep perpetual contract prices aligned with the underlying spot price. Funding rates are charged every eight hours (00:00, 08:00, 16:00 UTC) and can be either positive (longs pay shorts) or negative (shorts pay longs) depending on market sentiment. Funding rates are not fixed — they fluctuate based on the premium or discount of the futures price relative to spot. During strong trending markets, funding can become very expensive for traders holding positions in the trend direction.
Liquidation is the most significant cost in futures trading — and it's not a fee, it's a total loss of margin. If your position moves against you beyond the maintenance margin level, MEXC's liquidation engine forcibly closes your position. Understanding liquidation price and margin requirements before opening a futures position is essential. Always verify your liquidation price before adding leverage.
How MX Token Reduces Your Fees
MX is MEXC's native exchange token, and holding it provides a fee discount pathway. Users can elect to pay trading fees using MX tokens from their balance, which applies a discount on the fee rate — typically in the range of 20% off the taker fee when paying with MX. For futures traders who pay taker fees regularly, this discount can add up to meaningful savings over time.
To activate MX fee payment, navigate to the "Fees" or "Preferences" section in your MEXC account settings and enable the MX fee deduction option. MEXC will then automatically deduct MX from your balance to cover trading fees at the discounted rate. You need to maintain a sufficient MX balance for this to work — if your MX balance runs out, fees revert to the standard rate in your account's base currency.
MX tokens also serve as the gateway to MEXC Kickstarter participation and provide access to periodic airdrops from the MEXC ecosystem. So beyond the fee discount, holding MX gives broader access to MEXC's platform benefits. Buying MX specifically to reduce fees makes sense for high-frequency traders; for lower-frequency users, the complexity of managing MX balance may not be worth the marginal savings.
MEXC Deposit and Withdrawal Fees
MEXC charges no deposit fees for cryptocurrency deposits. You simply pay the network (gas) fee on the sending chain, which is independent of MEXC. For withdrawal, MEXC deducts a fixed withdrawal fee per transaction that covers the on-chain network cost. These fees vary significantly by asset and network — USDT on TRC-20 typically costs around $1–2, while ETH mainnet withdrawals can cost significantly more during periods of network congestion.
To minimize withdrawal costs, always select the most efficient network available. MEXC supports multiple networks for most major stablecoins — TRC-20, BEP-20, Solana, and Polygon generally offer lower withdrawal fees than Ethereum mainnet. The withdrawal fee is shown clearly before you confirm any transaction, so you always know the exact cost before it's deducted.
MEXC does not currently offer fiat withdrawal via bank wire in most regions. Fiat off-ramp options are limited to P2P selling (where you find a buyer on the MEXC P2P marketplace and receive fiat directly from them) or third-party fiat services. The exact fiat options available depend heavily on your country. Users who need to convert crypto to fiat frequently should factor in P2P spread costs as part of their total cost structure.
MEXC Fees vs Competitors
The table below compares trading fees across MEXC, Binance, and Bybit for standard (non-VIP) accounts. These are the rates that apply to the majority of retail users who have not reached higher tier thresholds.
| Fee Type | MEXC | Binance | Bybit |
|---|---|---|---|
| Spot Maker | 0% | 0.1% | 0.1% |
| Spot Taker | 0.1% | 0.1% | 0.1% |
| Futures Maker | 0% | 0.02% | 0.01% |
| Futures Taker | 0.02% | 0.05% | 0.06% |
| Deposit Fee | None | None | None |
| MX/BNB/MNT Discount | Yes (MX) | Yes (BNB) | Yes (MNT) |
Are MEXC Futures Worth It?
MEXC futures offer competitive rates — particularly the 0% futures maker fee, which is among the lowest of any major exchange. For experienced derivatives traders who use limit orders consistently, MEXC futures present a low-cost environment for executing leveraged positions. The wide range of listed futures pairs also gives altcoin futures traders access to contracts that aren't available on more conservative platforms like Binance or Bybit.
However, futures trading carries risks that go well beyond fee optimization. Leverage amplifies both gains and losses, and inexperienced traders routinely overleverage, get liquidated, and lose their entire margin on a single adverse move. The funding rate — which can become very expensive during trending markets — adds an ongoing cost to holding futures positions that many traders underestimate when planning a trade.
For most retail traders, starting on MEXC spot (with its 0% maker fee) and only moving to futures after thoroughly understanding leverage mechanics is the right approach. Futures are not a shortcut to larger profits; they are a tool for traders who have already developed profitable spot strategies and want controlled leverage on specific setups. If you're new to MEXC, start with spot trading and treat futures as a feature to explore later — not as a starting point.