MEXC vs BloFin

MEXC vs BloFin: which to use

MEXC vs BloFin is a comparison of two centralized exchanges that both match orders on a central limit order book. MEXC charges 1 bp maker and 4 bp taker, lists 1202 perpetual markets and offers up to 1000x, but requires KYC before trading. BloFin charges 2 bp maker and 6 bp taker, lists 495 markets and offers up to 150x. You can trade futures on BloFin without ID, with withdrawals capped at 20,000 USDT a day until you verify. Fees, market count and ID decide it for most traders.

How each exchange is built

MEXC is a centralized exchange (CEX): you open an account with the company, and the account holds your funds. BloFin is built the same way. Both match orders on a central limit order book, so the differences sit in fees, markets and access.

Fees and what they mean

MEXC's base tier is 1 bp maker and 4 bp taker, read from its API, and it has no fee page to link. BloFin's base tier is 2 bp maker and 6 bp taker, per BloFin's fee page.

A market order pays the taker fee to open and again to close: 8 bp per round trip on MEXC and 12 bp on BloFin. A limit order that rests on the book pays the maker fee instead, 1 bp on MEXC and 2 bp on BloFin.

Fees are only part of a trade's cost. Slippage is the price you move by eating through the order book, and it grows with size. The round trip in the cost table above includes both at each size, and every exchange's trading cost is compared on one page.

Markets and leverage

As of 1 October 2026 MEXC lists 1202 active perps, 93 of them stocks, commodities, FX or other real-world assets. BloFin lists 495, 115 of them real-world assets. MEXC has more markets in total, and BloFin has more real-world asset markets.

MEXC allows up to 1000x and BloFin up to 150x on their highest-leverage markets. Most markets allow less on both.

Funding is the periodic payment between longs and shorts, and a positive rate means longs pay shorts. MEXC pays every 1 hour, 4 hours, 8 hours or 24 hours depending on the market. BloFin pays every 1 hour, 4 hours or 8 hours depending on the market. Check a market's interval before you hold it: an hourly market settles 24 times a day, an 8-hour market three times, and a 24-hour market once. The list further down this page shows the markets both exchanges have and each one's funding rate.

Who can use them

MEXC requires KYC before trading. This has applied since February 2026, and unverified accounts see market data only.

BloFin limits accounts without ID instead of blocking them. Trading starts without ID, and you can trade futures with no leverage limit. Withdrawals are capped at 20,000 USDT a day until you verify, and verification lifts the limits.

Tokens

MEXC's token is $MX.

Reading the numbers on this page

Both exchanges publish open interest as one side of open positions, so the open interest row and chart above compare like for like. Neither exchange has a TVL row or chart, as is usual for centralized exchanges: they hold funds in accounts and publish no TVL.

The Head to head table above shows live volume, order-book depth and funding. It refreshes every minute, and we measure the order-book figures ourselves from order-book samples.

Which one fits you

• Pick MEXC if you trade mostly with market orders: 4 bp taker against 6 bp.
• Pick MEXC if you rest limit orders: 1 bp maker against 2 bp.
• Pick MEXC if you want the widest crypto selection: 1202 perps against 495.
• Pick MEXC if you need more than 150x, up to 1000x on some markets.
• Pick BloFin if you want stocks, commodities and FX on the same exchange: 115 real-world asset markets against 93.
• Pick BloFin if you want to trade futures without ID, with no leverage limit and withdrawals up to 20,000 USDT a day before you verify.