Beginners confuse between MEXC or Binance which is best for crypto exchange?
Nowadays when new traders, investors and beginner take step into crypto trading the first question that comes to their mind is: Which crypto exchange they use? There are thousands of crypto exchange in market but this two names circulate the most Binance and MEXC Global.
In the crypto world Binance is known as old and trusted crypto exchange but MEXC is becomes a favourite crypto exchange for traders because of Zero trading fees and new Altcoins games.
In this article we must be comparison between MEXC and Binance then you choose which is best for you?
Trading fee has a huge impact on traders profit or loss especially for daily traders.
MEXC:
MEXC have a great selling point because of his 0% spot maker fee that means when you place order on spot market you don't give any fee besides the taker fee is also very low like 0.01% or 0.02%.
Binance:
On Binance you can pay 0.1% fee for standard spot trading. If you use BNB token they give you 25% discount but you must be pay 0.075% fee.
Result:
In this condition if you're low budget trader or daily trader MEXC wins because if you can't afford thousand of fee you use MEXC and save thousand of rupees.
If you want to invest in new projects or low cap gems, listing speed matters alot.
MEXC:
In crypto market MEXC is also known as Gem Hunter exchange . There are 2000+ crypto trading pairs available in MEXC like DePin, Al cryptos, Meme coins. These web3 tokens are firstly list on MEXC. Early investors easily buy these tokens in cheap prices.
Binance:
In Binance the listing process is very strict and tough . Binance only list those coins which are very mature,secure and high volume. In Binance 350+ top quality coins are available.
Result:
If you want new micro cap coins you can buy on MEXC for micro cap coins MEXC is best but if you want only established or secure coins like Bitcoin, Ethereum, Solana for this Binance is better choice.
If you want to see who won in P2P local withdrawals & security you must read my article tomorrow on this page.
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