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Kraken VS MEXC

Both exchanges offer Spot, Margin, Perpetual futures. The differences below come from our individual reviews of Kraken and MEXC.

Kraken MEXC
Founded 2011 2018
Regions Available in most regions; futures product restricted in some jurisdictions including parts of the US: verify local availability before signing up. Not available to US, Canadian, or Chinese mainland residents; also restricted in Singapore, Hong Kong, and several other jurisdictions. Widely available elsewhere with no strict KYC requirement for basic-tier access, though withdrawal limits are much lower without verification.
Products Spot, Margin, Perpetual futures, Dated futures Spot, Margin, Perpetual futures, Leveraged ETFs
Maker fee Verify current tier: Kraken uses a volume-based maker/taker schedule Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often
Taker fee Verify current tier: Kraken uses a volume-based maker/taker schedule Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often

Kraken pros

  • Long operating history and a conservative security/regulatory posture relative to peers
  • Separate, purpose-built futures product rather than a bolted-on feature
  • Wide fiat on-ramp support in supported regions

MEXC pros

  • One of the widest new-token listing pipelines in the industry, frequently listing coins before Binance, Coinbase, or Kraken get to them
  • Low headline trading costs, with spot maker fees at or near zero and periodic platform-wide fee promotions
  • No mandatory KYC for basic-tier trading, which lowers the barrier to entry for users who don't want to submit ID up front
  • Monthly Hacken-audited proof-of-reserves reports and a stated nine-figure insurance fund

This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.

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