Compare
MX MEXC VS PL Poloniex
Both exchanges offer Spot, Margin, Perpetual futures. The differences below come from our individual reviews of MEXC and Poloniex.
| MEXC | Poloniex | |
|---|---|---|
| Founded | 2018 | 2014 |
| Regions | 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. | Blocked entirely for US customers since December 2019, along with Cuba, Iran, North Korea, Sudan, and Syria; primarily serves retail, margin, and futures traders outside those jurisdictions. |
| Products | Spot, Margin, Perpetual futures, Leveraged ETFs | Spot, Margin, Perpetual futures |
| Maker fee | Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often | Verify current tier: Poloniex's base spot tier runs 0.2% maker and 0.2% taker, stepping down through its Plus tiers toward 0% maker at the higher levels; futures run a separate flat schedule around 0.01% maker |
| Taker fee | Verify current tier: MEXC runs frequent zero-fee and discounted-fee promotions on top of a volume-based schedule, so posted rates change often | Verify current tier: spot taker fees fall toward roughly 0.04% to 0.06% at the higher Plus tiers; futures taker fees run around 0.075% flat regardless of volume |
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
Poloniex pros
- One of the longest continuously operating exchanges in crypto, dating back to 2014 and predating most of its current competitors
- Recovered from its November 2023 hack with user funds restored within about a week, backed by Justin Sun's personal capital
- Full spot, margin, and futures product set under one account
- Low advertised futures fees relative to many offshore derivatives platforms
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.