MEXC is known as one of the top cryptocurrency exchanges in the world. Huobi is a cryptocurrency exchange that has grown rapidly in recent years and has been attracting a lot of attention. So which of these two exchanges is better? I tried to compare what kind of difference there is, so I hope you can refer to it.
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 Huobi?
Huobi is a virtual currency exchange operated by the Huobi Group, which provides services in over 170 countries. It is a virtual currency exchange that has been attracting a lot of attention in recent years and is expanding worldwide. In addition, there are many currencies available.
Virtual currency exchange ranking
Coinmarketcap.com ranks MEXC as the 12th largest cryptocurrency exchange in the world. Huobi, on the other hand, ranked 18th.
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
Huobi’s main users will be Chinese. This virtual currency exchange is very strong in the Asian region, and then there are users in the United States, etc., but there is a strong tendency to be limited to the Asian region.
Source : TradersUnion
MEXC VS Huobi
|Number of Cryptocurrencies||1500||150|
|Base Account Currencies||USD, cryptocurrencies||20 fiat currencies|
Transaction fees are clearly better on Huobi. In the case of MEXC, the fees are set relatively high among the world’s virtual currency exchanges.
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.
bonuses and promotions
Bonuses and campaigns are clearly better at MEXC. Campaigns are always held at MEXC, although they are irregular, so MEXC is better for active traders.
Minimum deposit amount
MEXC is definitely better for minimum deposit. With MEXC, you can start trading from just $1, so there is little risk.
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.