It’s proven that MEXC is a fast-growing exchange that enters the list of the best exchanges in the crypto industry, offering a vast list of cryptocurrencies and various trading features. Established in 2018, MEXC is a platform that provides spot trading, futures trading, and staking.Â
It is appreciated for its convenient and easy-to-use software with relatively low and still quite affordable fees for the majority of users, as well as for the opportunity to trade numerous cryptocurrencies, not only the most popular ones but also many relatively new emerging ones.
MEXC Restricted Countries
Even though MEXC is quite popular nowadays, it is not available in all countries. Among MEXC restricted countries are the following:
- United States: Because of strict regulations and legal implications in the United States, it is not available to residents.
- United Kingdom: The UK regulations, along with the demands from the FCA, might put a halt to MEXC for citizens of the UK.
- Canada: MEXC is also affected by Canadian financial regulations.
- Australia: Due to regulatory requirements across Australia, it might not be easy to access the platform.
For residents of these countries, accessing MEXC Exchange might require substitution with another platform.
Alternatives to MEXC Exchange: Find the Best Crypto Brokers
Searching for alternative cryptocurrency trading platforms to MEXC can be done by exploring other available options. Some of these options may have their own set of advantages and might appeal more to meet your specific needs. Here are the top options for alternative exchange sites to MEXC Exchange.
Binance
Binance is one of the best-acknowledged global cryptocurrency exchanges. This feature-rich platform offers advanced trading functionalities.
Key Features:
- Various Cryptocurrencies: More than 600 cryptocurrencies are listed on Binance, including the latest and newest tokens and altcoins.
- Advanced Tools: The ability to engage in spot trading, futures, options, and staking.
- Binance Coin: Using the native token to get discounts on trading fees and to participate in different exclusive events.
- Binance Smart Chain: A blockchain on which new tokens can be created and many DeFi applications have been built upon.
Reasons to Consider Binance over MEXC Exchange
- High Liquidity: Binance has one of the largest trading volumes, hence highly liquid.
- Innovations and Programs: Direct access to events and learning through Binance Academy.
Coinbase
Coinbase is among the topmost virtual currency exchange systems, which are predominantly appreciated for its ease of use and security.
Key Characteristics:
- Friendly Interface: Equally easy to use for both beginners and advanced users.
- Different Types of Payment Options: Provides options to pay with credit/debit cards, bank transfers, and even PayPal.
- Advanced Security: Cold storage of funds and deposit insurance.
- Coinbase Pro: Advanced version with detailed tooling and graphs for professional traders.
Why Consider Coinbase over MEXC Exchange:
- Ease of Use and Access: Ideal for simplicity and security in fund management.
- Variety of Payment Options: Deposit and withdrawal options are diverse.
KuCoin
KuCoin is an emerging exchange, popular for the variety it offers and a host of other innovative features.
Key Features:
- Supported Cryptocurrencies: More than 400 cryptocurrencies can be traded with ease.
- Advanced Tools: Margin trading, futures, and staking are some features that are available..
- Incentive Programs: Reward schemes as bonuses and referral programs.
- Security: Two-factor authentication; cold storage.
Why Choose KuCoin Over MEXC Exchange:
- Great Range of Cryptocurrencies: Offers a variety of cryptocurrencies and advanced features.
- Incentives: Bonus opportunities and rewards.
Gate.io
Gate.io The history of Gate.io began in the early days of cryptocurrency.
Key Features:
- Listing of Wide Selections of Altcoins: Support for many new, up-and-coming cryptocurrencies and altcoins.
- Margin Trading: Margin trading available with up to 10x leverage.
- Incentives: Offers commission discounts and other specific benefits.
- Security: Advanced protection of funds and transaction monitoring.
Why Use Gate.io as an Alternative to MEXC Exchange:
- Excellent Variety of Cryptocurrencies: Ideal for discovering fresh altcoins and newly launched tokens.
- Advanced Trading Tools: Includes margin trading and other incentivizing programs.
Huobi
Huobi is a remarkable digital currency exchange known for its highly regarded security and excellent services.
Key Features:
- Variety of Cryptocurrencies: Supports a wide range of cryptocurrencies and tokens.
- Advanced Tools: Includes futures, options, and margin trading.
- Lending and Staking Services: Availability of crypto lending and staking.
- High Security: Advanced security measures and high levels of compliance.
Why Choose Huobi over MEXC Exchange:
- Experience and Reliability: An older exchange with a reliable reputation.
- Full-Service: Advanced tools and staking services.
OKX
OKX is a multi-profile crypto exchange known for its extensive service list.
Key Features:
- Huge Variety of Cryptocurrencies: Supports more than 300 cryptocurrencies.
- Advanced Tooling: Includes margin trading, futures, and analytics.
- Decentralized Wallets: Supports a number of decentralized wallets like MetaMask.
- Incentive Programs: Rewards and bonuses for new users.
Why OKX Might Be a Good Alternative to MEXC Exchange:
- Big Offer and Sophisticated Tools: Provides a huge variety of cryptocurrencies and professional trading tools.
- Incentive Programs: Available rewards and bonuses.
Bitget
Bitget Bitget is among the newcomers in the cryptocurrency market, focusing on innovative solutions and security.
Key Features:
- Cryptocurrency Selection: Over 800 cryptocurrencies can be traded.
- Copy Trading: Allows copying from professional traders.
- Advanced Security: Two-factor authentication and cold storage for fund protection.
- Competitive Fees: Clearly defined and competitive trading fees.
Why Consider Bitget as an Alternative to MEXC Exchange:
- Copy Trading: Great for following and copying successful traders.
- Security and Innovation: Focuses on fund protection and technological innovation.
BrightyApp
Brighty App Brighty App is an innovative exchange with an easy-to-use platform for cryptocurrency trading.
Key Features:
- Integrated Wallet: Supports over 200 cryptocurrencies with secure transactions.
- Diversified Deposit Options: Includes options for SEPA and SWIFT deposits.
- Subscription Plans: Offers customized subscription-based plans according to user needs.
- High Security: Swiss-banking level protection of data and security.
Why Brighty App Is a Good Alternative to MEXC Exchange:
- User Experience: Intuitive and user-friendly interface.
- Security and Versatility: Supports a large number of cryptocurrencies and different deposit options.
Ka.App
Ka.App is a crypto exchange focused on simplicity and functionality.
Key Features:
- User Experience: Easy to use and accessible even for complete beginners.
- Cryptocurrency Variety: Offers a big variety of main cryptocurrencies.
- Security: High-end security to keep users’ funds safe.
- Fees Transparency: Relatively competitive trading fees shown straightforwardly.
Why Choose Ka.App Over MEXC Exchange:
- Intuitive Interface and Transparency: For users who prefer simplicity and clarity on costs.
- Security and Support: Advanced security solutions and customer support.
Bitpanda
Bitpanda Bitpanda represents a European exchange offering a comprehensive, easy-to-navigate crypto trading platform for all users.
Key Features:
- Supported Cryptocurrencies: Supports a large number of different cryptocurrencies and tokens.
- Deposit/Withdrawal Methods: Deposits are possible via credit/debit cards, bank transfers, and PayPal.
- Security and Regulation: Fully compliant with European regulations and has very high security measures.
- Subscription Plans: Offers several subscription plans depending on trading needs.
Why Consider Bitpanda Over MEXC Exchange:
- European Regulation: Under EU regulation with a high level of security.
- Ease of Use and Support: Friendly interface with excellent support service.
Conclusion
Choosing a proper broker for cryptocurrency trading is a strategic step toward optimizing your trade and ensuring that your investment is both secure and profitable. The MEXC crypto exchange alternatives listed in the article above cater to different needs: from ease of use to advanced trading tools.
- Binance and Coinbase offer reliability and a vast cryptocurrency catalog.Â
- KuCoin and Gate.io provide professional tools and rewarding affiliate programs.Â
- Huobi and OKX combine experience with extensive offerings.Â
- The list continues with innovative and secure options like Bitget and Brighty App.Â
- Finally, Ka.App and Bitpanda offer user-friendly and versatile solutions.
Feel free to explore these platforms to find the one that best fits your trading needs and goals. Each exchange has its strengths, so prioritize based on your specific requirements and make an informed choice that will be advantageous for you.
