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MX MEXC VS WB WhiteBit
Both exchanges offer Spot, Perpetual futures. The differences below come from our individual reviews of MEXC and WhiteBit.
| MEXC | WhiteBit | |
|---|---|---|
| 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. | Available across most of Europe and a wide range of other regions; a separate whitebit.eu platform under an Austrian MiCA license is rolling out for EEA users specifically. Not available to US customers. |
| Products | Spot, Margin, Perpetual futures, Leveraged ETFs | Spot, Margin trading, Perpetual futures, Staking and lending (WhiteBit Earn) |
| 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 | Flat 0.1% spot fee for most users, with a published rebate schedule for market makers on futures; verify current tier before trading size |
| 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 | Flat 0.1% spot fee for most users; verify current futures schedule, as tiers and rebates change |
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
WhiteBit pros
- One of the larger European exchanges by user count and traffic, with a straightforward flat 0.1% spot fee
- A genuine, unusually visible marketing and product partnership with FC Barcelona, extended in 2026 through 2030, that funds real product development like a co-branded debit card
- No reported hack of its cold storage since launching in 2018, backed by third-party proof-of-reserves audits and a stated $30 million insurance fund
- Actively pursuing EU regulatory legitimacy through a MiCA license in Austria, ahead of many competitors still operating on older, narrower registrations
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.