Compare
MX MEXC VS WX WazirX
Both exchanges offer Spot, Margin. The differences below come from our individual reviews of MEXC and WazirX.
| MEXC | WazirX | |
|---|---|---|
| Founded | 2018 | 2018 |
| 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. | Built for Indian retail users with direct INR deposit and withdrawal rails; not available to US persons. Full operations, including INR trading, resumed in October 2025 after the hack-related restructuring, though a share of user claims remain settled only in non-tradable Recovery Tokens as of 2026. |
| Products | Spot, Margin, Perpetual futures, Leveraged ETFs | Spot, Margin, INR-settled perpetual futures, P2P |
| 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: WazirX's standard schedule runs 0.2% maker and 0.2% taker on spot, moving with WRX holdings and 30-day volume, or a flat monthly WazirX ZERO subscription for unlimited trades; its INR futures product runs a separate schedule around 0.02% 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: same pattern as the maker fee; WazirX futures taker fees run around 0.04%, and both the spot schedule and subscription pricing have changed more than once recently |
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
WazirX pros
- India's largest exchange by registered users, with by far the deepest INR order-book liquidity and direct rupee on and off-ramps
- Resumed full service, including INR deposits and withdrawals, after a Singapore court approved its restructuring plan with over 95% creditor support
- Wide asset selection, close to 300 tokens, plus a zero-commission P2P market
- A flat-fee subscription option, WazirX ZERO, that removes per-trade costs entirely for active traders
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.