[MEXC Global: For beginners] Which is better, MEXC VS Bybit? Virtual currency exchange ranking and feature comparison

MEXC will become one of the most famous and highly rated cryptocurrency exchanges in the world. There are also many registered users, but you will be wondering which one is better compared to Bybit, which is also a famous exchange. This article compares the two.

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.

[MEXC Global: For Beginners] Company Profile, License, Reviews, Reputation, Safety, Advantages and Disadvantages Explanation

MEXC is one of the most highly rated virtual currency exchanges in the world. It is said that there are many registered users around the world, exceeding 7 million people. Many people are probably wondering if this exchange can be trusted. I am writing an article about the MEXC company. Some users may find it confusing to use an overseas exchange. We have summarized the advantages and disadvantages for users, such as types of stocks such as Bitcoin and Ethereum, support, reputation information on fees, etc., as articles.

www.asiancryptotrader.com

2023.02.04

What is Bybit?

Bybit is a cryptocurrency exchange founded in Singapore. This exchange is actively expanding globally in various ways, moving its base from Singapore to Dubai in the United Arab Emirates in 2022 and is further developing.

Bybit

Virtual currency exchange ranking

Bybit is ranked 5th in the world by coinmarketcap.com. MEXC is ranked 12th in the world.

Source : 取引高別仮想通貨取引所 | CoinMarketCap

Distribution of registered users by country

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

On the other hand, Bybit is known for having more Japanese users than MEXC. Other than that, it is known for its large number of users in developed countries such as the United States, South Korea, and Germany. We also have users in South America and India.

Source : TradersUnion

MEXC VS Bybit

Currencies handled

In terms of the number of currencies handled, MEXC is overwhelmingly large. There are many unnamed coins that you have never heard of in MEXC, and it is an exchange where you can invest in a large number.

transaction fee

Transaction fees are cheaper on Bybit. Rather, it would be better to say that MEXC is higher. MEXC fees are more expensive than other exchanges.

Many Japanese users

As can be said for both exchanges, the main users are Japanese. Therefore, Japanese is also supported language, and the support staff also supports Japanese.

Aggressive expansion to foreign countries

Compared to MEXC, Bybit’s overseas expansion has been very aggressive in recent years. We moved our base to Dubai last year and are also very focused on customer acquisition in the Middle East and Africa regions.

Open a free account

MEXC can open an account for free. You can easily open an account with no risk. Please refer to the article below on how to open an account.

[MEXC Global: For Beginners] Open an account for free. Explanation of registration methods and procedures.

MEXC is a cryptocurrency exchange based in Singapore. Since this exchange is based in Asia, many users from the Asian region are registered, and there are over 7 million users trading around the world. This article is about opening an account for trading. You can open a MEXC Global account for free. Furthermore, there are plenty of bonuses and campaigns, and there are also mx tokens, so it is recommended for beginners. We will explain how to register.

www.asiancryptotrader.com

2023.02.04