[MEXC Global: For beginners] Which is better, MEXC VS bitFlyer? Features, leverage and bonus comparison

About MEXC

MEXC is known as one of the top cryptocurrency exchanges in the world. On the other hand, bitFlyer is a virtual currency exchange exclusively for Japan, and many Japanese users are registered. So which one is better when actually choosing a virtual currency exchange?

Company profile of MEXC

MEXC is a cryptocurrency exchange currently based in Singapore. This exchange is said to be the top level in the world and has a large number of users. While the number of registered users is increasing, it is expected to continue to grow.

What is bitFlyer?

bitFlyer is a cryptocurrency exchange with a high bitcoin trading volume in Japan. As a major feature, it is very easy to apply and open an account in as little as 10 minutes. bitFlyer is a crypto asset exchange funded by major companies. Therefore, it has the characteristics of a sense of security. Not only that, you can trade with up to 2x leverage.


Virtual currency exchange ranking

Coinmarketcap.com ranks MEXC as the 12th largest cryptocurrency exchange in the world in 2023. As you can see from this, you should be able to see that MEXC is quite famous in the world.

8Binance US
12MEXC Global

Source : Coinmarketmap

word of mouth, reputation

The following article summarizes the actual reviews and experiences of MEXC. You can see that there are a lot of users who give high evaluation mainly to MEXC. We recommend that you take a look at it when you actually open an account.

Distribution of registered users by country

The graph below is a quote from TradersUnion, a review site for Forex companies and virtual currency exchanges around the world. MEXC has a lot of Japanese people as the main. Other than that, it is known for having a large number of users in Asia, as well as a large number of users in North America.

Source : TradersUnion

MEXC VS bitFlyer

CompanyMEXC ExchangebitFlyer Inc.
Minimum Deposit$11
Number of Cryptocurrencies1500~21
Max Leverage2002
Maker Fee0%0.000%~0.150%
Taker Fee0.2%0.000%~0.150%
Spot Trading
Future Trading
P2P Trading×
Web Trading
Mobile Trading
Minimum transaction quantity0.0001BTC0.001BTC
First Deposit Bonus
First Futures Trading Bonus
Future Leverage Challenge
Listed Coin Airdrop
Taker Fee Free Campaign
Account Open Campaign
Credit Card Campaign
Easy Accumulation Campaign
Deposit MethodCrypto
Credit Card
Bank Transfer
Bank Transfer
Withdrawal MethodCryptoBank Transfer

transaction fee

MEXC is recommended for transaction fees. This is because the maker fee is free. It is the cheapest compared to other cryptocurrency exchanges around the world.


MEXC has financial licenses in the US, Canada, Switzerland, and Estonia, so I feel very secure. There have been no cases where users have refused withdrawals before, so it can be said that there are no concerns.

Brands handled

MEXC is clearly better for handling currencies. MEXC allows you to invest in unknown coins that you have never heard of, so you have a lot of options. bitFlyer has only 21 types.

bonuses and promotions

Bonuses and campaigns are clearly better at MEXC. Always-on, limited-time bonuses such as the first deposit bonus, the first futures trading bonus, and airdrops of listed coins are very abundant. On the other hand, bitFlyer bonuses are very infrequent and small.

Maximum leverage

The maximum leverage of MEXC is 200 times, which is quite high. On the other hand, bitFlyer only allows up to 2x leveraged trading.

Open a free account

MEXC can open an account for free. The procedure is also very easy, so let’s open an account and actually start trading. I will introduce it in the following article, so I hope you can refer to it.