BingX vs MEXC fees: how do they compare?

BingX's published futures fees are 0.02% maker / 0.05% taker, while MEXC's are 0.01% maker / 0.04% taker — MEXC's posted schedule is lower on both sides. That's only half the comparison, though: what you actually pay also depends on the payback each exchange's referral partnership returns, which is 60% on BingX and 55% on MEXC through loweef right now.

The published fee schedules, side by side

Exchange	Total rate	Welcome boost	Effective taker
AlphaX	65%	—	0.0175%
BingX	60%	70%	0.0200%
OKX	50%	60%	0.0250%
MEXC	55%	65%	0.0180%

BingX: 0.02% maker / 0.05% taker. MEXC: 0.01% maker / 0.04% taker. On the raw schedule alone, MEXC posts the lower taker fee of the two.

Why the posted fee isn't the whole answer

A lower posted taker fee doesn't automatically mean a lower effective cost once a payback is applied — which exchange has the lowest effective fees → covers how the rebate share and the raw fee combine. On BingX, loweef's current partnership returns 60% of every trading fee; on MEXC, it's 55%, split between what MEXC credits directly and what loweef adds on top.

Product differences beyond fees

BingX offers copy trading alongside its futures and spot markets, while MEXC's lineup here is spot and futures. Which fits better depends on what you actually trade, not just the fee line.

How to lower what you pay on either

Both exchanges' own VIP volume tiers and a referral payback stack on top of the posted schedule — see the exchange-specific breakdowns: lower BingX futures fees → and lower MEXC futures fees →

Figures are estimates based on published fee schedules and loweef's current partner rates; actual results vary with VIP tier and maker/taker mix, and rates can change prospectively.

Frequently asked questions

Which has the lower posted futures fee, BingX or MEXC?

MEXC's published schedule (0.01% maker / 0.04% taker) is lower on both sides than BingX's (0.02% maker / 0.05% taker) — but the posted fee is only part of what you actually pay after a payback.

Does a lower posted fee always mean a lower effective cost?

No — the payback share matters too. An exchange with a slightly higher posted fee but a larger payback can end up cheaper in practice than one with a lower fee and a smaller payback.

Can I get a payback on both BingX and MEXC?

Yes — they're separate partnerships with separate accounts. Each exchange's payback applies only to trading fees paid on that exchange, through the account linked to it.