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

About MEXC

MEXC is known as one of the top cryptocurrency exchanges in the world. But OKX is a pretty popular exchange as well. 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 OKX?

OKX is operated by OK Group.  Previously operated under the name of OKEx, it will be renamed to OKX in 2022. It handles over 165 different currencies and is one of the world’s top-level exchanges.

OKX

Virtual currency exchange ranking

OKX is ranked 7th in the world by coinmarketcap.com. MEXC is ranked 12th in the world.

1Binance
2Coinbase
3Kraken
4Kucoin
5Bybit
6BitFinex
7OKX
8Binance US
9BitStamp
10Gate.io
11LBank
12MEXC 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

OKX, on the other hand, has a large number of users from Africa to the Middle East. Prominent in the north is considerable popularity in North and West Africa. Elsewhere, we have users in India and Pakistan.

Source : TradersUnion

MEXC VS OKX

MEXCOKX
HeadquarterSingaporeMalta
Established20162014
Minimum Deposit$1$1
Trading PlatformsMXCOKX
Max Leverage20100
Number of currenccies1500150
Base Account CurrenciesUSD, cryptocurrenciesUSD, EUR, GBP and 30+
Max Maker‎0.2%0.08%
Max Taker‎0.2%0.1%
Min Maker‎0.16%0.06%
Min Taker‎0.16%0.08%
Staking
Mining pool×
Web Trade
Mobile Trade
Indicators
Stop Limit
Stop Loss××
EducationDemo-account
Articles
Demo-account
Videos
Webinars
Articles

Trade education content

OKX has a lot of content related to trading. OKX puts a lot of effort into educational content. OKX also offers content such as videos and webinars.

transaction fee

Transaction fees are clearly on OKX’s side. Some users are dissatisfied with MEXC because the commission is set higher than other virtual currency exchanges in the world.

Number of stocks handled

MEXC is overwhelmingly superior in the number of stocks handled. MEXC is one of the most recommended exchanges because it allows you to trade a large number of unnamed coins.

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.

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