Mexc vs 50X: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Mexc and 50X This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

mexc

Mexc

50x

50X

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Table of Contents

Available Countries

United States

No

Europe

Yes

Latin America

Yes

India

Yes

China

No

Canada

No

United Kingdom

Yes
No

United States

Yes

Europe

Yes

Latin America

Yes

India

No

China

No

Canada

Yes

United Kingdom

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Mexc is ideal if:

50X is ideal if:

Mexc isn’t ideal if:

50X isn’t ideal if:

Fees & Total Costs

Spot Maker/Take

Maker fees start at zero and taker fees around 0.05%, with improved discounts (up to 20–50%) when using the native MX token or meeting volume-based holding thresholds—perfect for high-volume traders.
50 X charges the same flat 0.20 % fee for both maker and taker spot trades; holding and paying with the internal A2A token for applicable pairs (like A2A/BTC or A2A/ETH) cuts that fee in half.

Futures/Derivatives

Futures also offer 0% maker and about 0.02% taker rates, while funding fees are paid peer-to-peer every 8 hours and vary (typically ±0.01–0.03%), impacting your position cost depending on market sentiment.
For futures contracts on 50 X, both maker and taker fees are effectively zero, but as with most platforms, funding fees apply periodically to align futures prices with spot.

Average Spreads on Liquid Pairs

Although not officially posted, spreads on highly liquid pairs like BTC/USDT and ETH/USDT tend to be very tight—typically just a few basis points—due to the platform’s deep order book and high trading volume.
The platform’s “Any-to-Any” matching and relatively low volume can widen average spreads on major pairs compared to high-liquidity competitors.

Fiat Deposits & Withdrawals

You can deposit fiat via bank transfers, credit/debit cards, or third-party providers like Banxa and Simplex; fees and processing times vary by provider, while fiat withdrawals require advanced KYC and proceed via P2P or SEPA methods, usually completing within two business days.
There are no direct fiat deposit or withdrawal options—though you can buy USDT via a third-party gateway using cards or Advcash, but the fees vary significantly and are set by the provider.

On-chain Withdrawals

MEXC charges withdrawal fees that vary by cryptocurrency and network—like fixed rates for Bitcoin or Ethereum—and the amount changes based on network congestion and chosen blockchain.
50 X applies fixed withdrawal fees per crypto and network—e.g. modest flat fees for BTC, ETH, XRP—rather than dynamic per-network pricing.

Hidden Costs

While most platform fees are transparent, additional costs can arise from automatic currency conversions, inactivity penalties, expedited KYC services, or optional tools—so it’s wise to review your account settings periodically.
You won’t face inactivity or KYC express charges, but currency conversion and payment-gateway fees (when buying via card) can be steep and are charged externally.

Real-World Cost Example: “€500 BTC

Buying €500 worth of BTC involves a taker-style execution fee (a small percentage), a minimal spread due to liquidity, and any later withdrawal cost depends on the chosen crypto network—altogether forming the total outlay beyond just token value.
If you spent €500 to acquire BTC, you’d pay the platform’s spot fee (≈0.20 %), absorb the BTC/fiat spread from the gateway, and then pay the fixed network fee to withdraw on-chain.

Crypto Offering & Trading Features

Number of Coins & Pairs

MEXC offers access to nearly 3,000 spot trading pairs and over 1,100 futures pairs, ensuring you can trade a wide variety of digital assets beyond just the most popular ones—while the top 20 by volume typically include major coins like BTC/USDT and ETH/USDT, along with trending altcoins.
50 X offers around 24 cryptocurrencies and roughly 105 trading pairs in total; their top 20 pairs by volume typically include BTC/USDT, ETH/USDT, LTC/USDT, TRX/ETH, LINK/USDT, XRP/USDC, and other active altcoin-to-cryptocurrency combinations.

Product Range

MEXC delivers a full suite of products—spot trading, margin, perpetual futures, crypto ETF-like instruments, staking and earning programs, loan services, copy trading, grid trading bots, and automated DCA setups—to cater to diverse trading and investment needs.
The platform focuses on spot trading and spot-margin (leveraged crypto-to-crypto), and also offers perpetual futures via A2A liquidity, token-based passive income (through dividends and managed accounts), but doesn’t provide options, crypto ETFs, savings staking, lending, copy trading, grid bots, or automated DCA tools.

Liquidity

With daily futures volume reportedly exceeding $25 billion, MEXC provides substantial liquidity, and its BTC/USDT order book depth within ±5 basis points of mid-price can reach around $82 million, offering notably tighter execution than many competitors.
Trading volume on 50 X remains modest—24-hour volume is under $100k—so book depth on BTC/ETH pairs is relatively shallow, leading to potential slippage or less depth during larger trades.

Tools

MEXC equips traders with a full toolkit, including limit, stop, and OCO orders, real-time price alerts, rich charting features, direct TradingView integration, and robust API/websocket support for automated or advanced trading strategies.
You’ll find essential order types like limit, market, stop-loss, and trailing stops with charting tools integrated into the interface; there’s support for API and WebSocket access, but there’s no fully integrated TradingView experience or alerting system built in.

Geographic Restrictions by Product

Certain advanced features like futures and derivatives may be restricted in specific jurisdictions due to regional regulations, so availability can vary depending on your location despite global platform reach.
Derivatives and margin are generally accessible globally, but some countries with strict crypto regulations may not have full access; the platform doesn’t explicitly list those banned regions.

Innovation

MEXC drives innovation with launchpad-style token offerings and frequent airdrop events, while offering both flexible and locked earn products that allow users to choose between liquidity or potentially higher yield locked structures.
50 X brings innovation in its Any-to-Any core and dividend token model allowing passive income through profit-sharing or token loans, but it does not currently support launchpad/pool projects or offer separate flexible vs locked earning products.

Security, Regulation & Custody

Operating Entity & Jurisdiction

MEXC was originally registered as MEXC Global Limited in Seychelles in 2020, but the entity was dissolved in December 2024, reflecting a shift in its legal presence and raising questions about its official operational jurisdiction.
Operated by Smart Token Exchange LTD, established in 2017 and headquartered in Saint Vincent and the Grenadines, this offshore structure allows for privacy but offers limited regulatory oversight.

Licenses/Registration

The platform operates without formal licensing in major financial jurisdictions and does not comply with frameworks like MiCA, FCA, or VASP regimes, leaving it largely unregulated despite being flagged by multiple authorities for its unlicensed status.
The platform does not hold formal regulatory licenses such as VASP or MiCA/UE; it functions under the jurisdiction of its offshore registry without public regulatory accreditation.

Custody

MEXC holds users’ assets primarily in-house, employs cold-hot wallet separation, supports multi-signature protection, and publishes bi-monthly proof-of-reserves audits demonstrating full backing (often above 100%) for major cryptocurrencies.
Assets are custodial on the platform, though it claims 98 % of funds are kept in cold storage and a small share is hot for liquidity; there’s no publicly available proof-of-reserves or third-party audit confirmation.

Insurance & Protection Funds

MEXC has an established insurance fund designed to absorb losses from forced liquidations or extreme market events, enhancing overall risk resilience on its trading platform.
The exchange mentions insurance coverage and security provisions, but no clear details are provided on the scope, provider, or coverage limits of such protection.

Incident History

There are no widely reported hacks or major security breaches involving MEXC, and it has not been subject to known regulatory penalties, though ongoing scrutiny due to its unlicensed operations persists.
There are no publicly known major security breaches or regulatory penalties, though occasional user reports mention withdrawal delays and some technical hiccups in trading operations.

Risk Controls

The platform offers robust security controls, including SSL encryption, mandatory two-factor authentication, address whitelisting, anti-phishing codes, support for sub-accounts, and fine-grained API permission settings to enhance user protection.
Security features include enforced two-factor authentication (3-factor via Google Auth), customizable withdrawal delays, address whitelisting, and emergency master keys; granular API permissions and anti-phishing tools are not explicitly detailed.

Transparency

MEXC promotes transparency via regular proof-of-reserves disclosures, external security audits, and public wallet data, though it does not currently provide formal service level agreements or detailed monthly financial reporting.
The platform does not publish regular transparency reports, public wallet addresses, or formal service-level agreements—transparency remains limited to user-facing guides and token dividend mechanisms.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

MEXC supports fiat deposits via bank transfers (like SEPA), credit/debit cards, and third-party gateways; limits (e.g., up to €20,000 per transaction and €200,000 per day via SEPA) apply, with processing ranging from near-instant with SEPA Instant to up to 2 business days for standard transfers.
No direct fiat transfers, bank cards, or e-wallets are supported for deposit; only crypto deposits are accepted, and the timing depends on blockchain confirmation speeds.

Supported Fiat Currencies & Conversion

MEXC supports fiat deposits via bank transfers (like SEPA), credit/debit cards, and third-party gateways; limits (e.g., up to €20,000 per transaction and €200,000 per day via SEPA) apply, with processing ranging from near-instant with SEPA Instant to up to 2 business days for standard transfers.
No direct fiat transfers, bank cards, or e-wallets are supported for deposit; only crypto deposits are accepted, and the timing depends on blockchain confirmation speeds.

KYC (Verification Levels)

MEXC operates with tiered verification: no KYC allows basic access with a 10 BTC daily withdrawal limit; Primary KYC lifts that to around 80 BTC per day; Advanced KYC further increases it to roughly 200 BTC or about $20,000 in fiat, unlocking full platform privileges.
No KYC is required—there’s no basic or advanced verification, allowing full functionality without identity disclosure.

Withdrawals

On-chain withdrawals are enabled across multiple networks (like ERC-20, TRC-20, BEP-20), with network-dependent limits (up to ~200 BTC/day for verified users), and typical processing times depending on blockchain congestion.
Cryptocurrency withdrawals are allowed across supported networks like ERC-20, but fiat withdrawals aren’t supported; processing time depends on network congestion, with dynamic fees reflecting real-time blockchain conditions.

Customer Support

MEXC offers around-the-clock customer support via live chat and email, complemented by a comprehensive help center and documentation for self-service needs, though official average response times aren’t publicly stated.
Support is available via email and Telegram chat, with varied response times—community-created guides serve as informal knowledge resources since no official 24/7 live support is guaranteed.

Languages & Localization

The platform’s interface is available in English and other languages, with fees displayed in EUR and USD depending on region; however, it does not emphasize localized regulatory disclosures per jurisdiction.
The interface is available in English and other languages, displays amounts in common fiat like USD/EUR via third-party gateways, but lacks localization or regulatory adaptations for specific jurisdictions.

App Quality & Stability

MEXC’s mobile app is widely regarded as fast and intuitive, offering demo trading and smooth performance; while official crash rate metrics or update logs aren’t published, regular updates and a stable experience are implied by user reviews.
There’s no dedicated mobile app—users rely entirely on the web interface, which shows regular updates on the site and supports stable performance without known crash issues.

Experience, Performance & Ecosystem

UX/UI

MEXC’s interface offers customizable layouts—like standard, horizontal, or vertical arrangement of charts and order panels—allowing users to tailor the view to their preferences, though it doesn’t offer distinct “Lite” or “Pro” modes; this flexibility helps both novices and pro traders adapt the dashboard to their learning curve.
The interface presents a learning curve due to its rich functionality and customization options, including color theming and layout flexibility, but doesn’t explicitly offer separate “Lite” or “Pro” modes; instead, it adapts dynamically for both beginner and advanced users, though novices may feel slightly overwhelmed at first.

Performance

The platform generally delivers fast order execution thanks to its high-performance engine, but during extreme volatility it has previously experienced system slowdowns affecting spot trades; there’s little public reporting on KYC queues during bull runs, though swift identity processing is generally emphasized.
The platform performs quickly due to its single-page application design and responsive internal core, although lower liquidity may lead to slowed fills or slippage during high volatility; since there’s no KYC, there’s no issue with verification queues.

Education

MEXC hosts an extensive Learning Hub with guides on trading strategies, futures, grid bots, and copy trading—though it lacks dedicated demo accounts or simulators, and while content spans multiple languages, Spanish-language materials are still limited in depth.
There’s no formal academy or demo environment; educational content comes via guides and third-party reviews, primarily available in English—Spanish-language resources are limited or largely community-generated rather than official.

Community

While MEXC promotes engagement through active Telegram and Discord channels and offers referral incentives, its own web platform doesn’t include built-in forums, encouraging users to connect via those external community hubs.
An active Telegram channel serves as the main community hub, and their multilevel referral program offers generous commission-sharing incentives—no official forums or Discord are indicated.

Integrations

The platform provides native TradingView chart integration and API/websocket support for automating strategies or connection with bots, but it does not natively integrate with tax reporting or accounting tools—i.e., users rely on external services for portfolio tracking.
Charts use TradingView’s charting library, and the platform supports API access for external trading bots; however, it lacks built-in tax compliance or portfolio/accounting integrations.

Who Each One Is Best For

MEXC is ideal for seasoned traders who value interface customization, deep liquidity, and strategy flexibility; newcomers who prioritize guided learning or simulator tools may find the learning curve steeper and tools more limited.
It’s best suited for proactive crypto traders who value fast, flexible coin-to-coin swaps and deep interface customization; casual users or those needing built-in demo tools, fiat support, or simplified dashboards may find it less immediately accessible.
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