MEXC is known as one of the top cryptocurrency exchanges in the world. Now users from all over the world are using this exchange to trade. Similarly, Gate.io is also a very famous exchange, but which one should I use? We did a thorough comparison of features.
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 Gate.io?
Gate.io is one of the famous exchanges that handles over 1000 cryptocurrencies. It is said that over 10 million users are trading on this exchange worldwide. In addition to regular trading, we also offer NFT marketplace and copy trading services, so it is recommended for those who want to try various operation methods.
Virtual currency exchange ranking
Gate.io is ranked 10th 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
A feature of Gate.io is that it has a large number of American users. Other than that, there are many users in Japan, Turkey, South Korea, India, etc., and it can be said that it is one of the exchanges that has succeeded in global expansion.
Source : TradersUnion
MEXC VS Gate.io
|Number of Cryptocurrencies||1500||1400|
|Mobile App Trading||〇||〇|
|Support||Online Chat||Online Chat|
Many brands available
Both MEXC and Gate.io handle an extremely large number of stocks. Since these two exchanges have the largest number of stocks in the world, you can also trade obscure coins.
Gate.io was established in 2013 and has been in operation for over 10 years. There is also that, and it can be said that it is an exchange that is very secure and safe. Few cryptocurrency exchanges have been in operation for more than 10 years.
Both adopt zero cut
Both are equipped with zero cut. What this means is that even if the balance becomes negative at some point, the negative amount will be compensated by the exchange, which means that traders have no risk of debt.
Open a free account
MEXC can open an account for free. You can easily open an account with no risk. The account opening is introduced in the following article, so I hope you can refer to it.