MEXC is known as one of the top cryptocurrency exchanges in the world. It has a large number of registered users and is very popular. On the other hand, KUCOIN is also a very famous virtual currency exchange. Which exchange is better in terms of functions?
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 KuCoin?
KuCoin is a cryptocurrency exchange based in Seychelles. It is a highly rated exchange because it was selected as “the best crypto exchanges of 2022” by Forbes in 2022. Global expansion is also active, with services in over 200 countries and over 20 million users registered.
Virtual currency exchange ranking
Kucoin is ranked 4th in the world by coinmarketcap.com. MEXC is ranked 12th in the world.
| 1 | Binance |
| 2 | Coinbase |
| 3 | Kraken |
| 4 | Kucoin |
| 5 | Bybit |
| 6 | BitFinex |
| 7 | OKX |
| 8 | Binance US |
| 9 | BitStamp |
| 10 | Gate.io |
| 11 | LBank |
| 12 | MEXC Global |
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, Kucoin is mainly used by American users. Other than that, we have customers in South Asia and South America, and we have a certain number of users in Mexico in Central America, so we have been able to acquire users all over the world.
Source :TradersUnion
MEXC VS KuCoin
| MEXC | KuCoin | |
| Headquarter | Singapore | Seychelles |
| Established | 2016 | 2017 |
| License | FSA | × |
| Minimum Deposit | $1 | $5 |
| Trading Platforms | MXC | KuCoin |
| Max Leverage | 20 | 100 |
| Number of Cryptocurrencies | 1500 | 600 |
| Base Account Currencies | USD, cryptocurrencies | 20 fiat currencies cryptocurrencies |
| Max Maker | 0.2% | 0.1% |
| Max Taker | 0.2% | 0.1% |
| Min Maker | 0.16% | 0.0125% |
| Min Taker | 0.16% | 0.03% |
| Staking | 〇 | 〇 |
| Mining pool | × | 〇 |
| Web Trader | 〇 | 〇 |
| Mobile Trader | 〇 | 〇 |
| Stop Loss | × | 〇 |
| Education tool | Demo-account Articles | Demo-account Articles Videos Webinars |
| Support | Online chat | Online chat |
Currencies handled
In terms of currencies handled, it will be an overwhelming victory for MEXC. MEXC allows you to invest in coins you have never even heard of, so you have a lot of options.
training and education
As an educational material, Kucoin is better. Kucoin puts a lot of effort into education and training, as you can learn through webinars and video materials.
transaction fee
MEXC has a slightly higher transaction fee, which is relatively high among the world’s cryptocurrency exchanges. That’s why Kucoin is more profitable.
Open a free account
MEXC allows you to open an account for free. It is highly recommended because you can easily open an account because there is no risk. Please refer to the article below for information on how to open an account.
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