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BrokerSift

Reviewed by the BrokerSift editorial team · updated

Bitget vs MEXC

Bitget and MEXC are both Seychelles-based offshore exchanges founded in 2018, but they chase different traders. Bitget leans on deep futures liquidity and its copy-trading ecosystem, while MEXC competes on near-zero fees and one of the largest altcoin catalogues in the industry. The real decision points are trading costs, listing breadth, leverage risk, and how much regulatory footprint each has built up as of 2026.

Our verdict

  • Beginners

    Bitget

    Bitget's lower maximum leverage and mandatory KYC create more guardrails for a first-time futures trader than MEXC's basic-verification, 500x-leverage setup.

  • Altcoin hunters

    MEXC

    MEXC's 3,000+ token catalogue and early-listing habit give altcoin traders far more to work with than Bitget's few hundred listings.

  • Copy-trading followers

    Bitget

    Bitget's copy-trading marketplace is deeper and more mature, with a larger pool of strategy providers to follow.

  • Fee-sensitive high-frequency traders

    MEXC

    MEXC's near-zero maker fees on spot and futures beat Bitget's flat 0.10% schedule for anyone trading high volume.

Quick comparison

BitgetMEXC
Maker fee0.10%0.00%
Taker fee0.10%0.05%
Coins6003000
KYCMandatoryBasic (limits apply)
Coins listed6003000
Max leverage125x (futures)500x (futures, eligible accounts)
Withdrawal feeVaries per asset and networkVaries per asset and network
Payment methodsCard, P2P, CryptoCard, P2P, Crypto
Native tokenBGBMX
Insurance fundProtection fund reported at approximately 5,500 BTCStated $100 million Guardian Fund
Security incidentsNo major breach of the main exchange's user funds reported; its separate Bitget Wallet (formerly BitKeep) product suffered two incidents in 2022 (~$1M in October, ~$8M via a counterfeit app in December)None widely reported for user funds on the main exchange
Not accepted fromUnited States (including territories), Canada, Singapore, Hong Kong, Netherlands, Iran, North Korea, Cuba, Syria-adjacent sanctioned regions, Afghanistan, Iraq, Lebanon, Yemen, Libya, Sudan, South Sudan, Somalia, Central African Republic, Democratic Republic of the Congo, Guinea-Bissau, Haiti, Crimea, Donetsk and Luhansk; UK retail derivatives are not offered; no MiCA authorisation for the EU as of August 2026United States (including its territories), United Kingdom, Canada, Mainland China, Hong Kong, Singapore, Malaysia, Kazakhstan, North Korea, Cuba, Sudan, Iran, the Russian-controlled regions of Ukraine (Crimea, Donetsk, Luhansk, Zaporizhzhia, Kherson, Sevastopol), and any jurisdiction under comprehensive EU or OFAC sanctions or on the FATF call-for-action list, per MEXC's User Agreement
Founded20182018
HeadquartersVictoria, SeychellesVictoria, Seychelles
RegulationAUSTRAC (Australia) (Digital currency exchange provider registration (registration number not published)), FCA (UK) — financial promotions approved by an FCA-authorised firm (Section 21 FSMA 2000 approval by Archax Ltd, dated 15 October 2024; Bitget itself is not FCA-registered), FINMA-recognised SRO (Switzerland) (AML self-regulatory organisation membership (member number not published)), CNV (Argentina) — PSAV register (Virtual asset service provider registration (registration number not published)), National Bank of Georgia (Digital asset exchange, wallet and custody service provider (Tbilisi Free Zone); registration number not published), CNAD / BCR (El Salvador) — Digital Asset Service Provider register (PSAD-0047 (registered 9 April 2025); also listed by BCR as a Bitcoin Service Provider) — BG El Salvador, S.A. de C.V., SAT (Mexico) (Vulnerable Activity registration for virtual-asset services (no public register number))

Side by side

Trading costs

Better here: MEXC

MEXC is the cheaper venue on paper: spot trading runs 0% maker and roughly 0.05% taker, with futures at about 0% maker and 0.02% taker, and both can be trimmed further by paying fees in MX. Bitget uses a flatter 0.10%/0.10% maker-taker spot schedule with volume-based VIP tiers and BGB-token discounts layered on top, so its headline rates sit above MEXC's for lower-volume traders even after a token discount. High-frequency and cost-sensitive traders generally come out ahead on MEXC's fee schedule, though both exchanges promote rates that can shift with campaigns, so the live fee page should be checked before sizing a large position (bitget.com/fee, mexc.com/fee, 2026).

Coins and listing breadth

Better here: MEXC

MEXC lists over 3,000 coins and more than 2,000 spot pairs plus over 1,500 USDT-margined futures pairs, and it has a reputation for listing new tokens earlier than almost any competitor. Bitget lists several hundred coins for spot (Bitget cites over 600) with a comparable number of futures markets — a solid selection but nowhere near MEXC's long tail. The tradeoff is quality control: MEXC's early-listing habit means due diligence and liquidity vary wildly across its catalogue, while Bitget's smaller list tends to concentrate on more established or higher-volume tokens.

Copy trading and social features

Better here: Bitget

Bitget built its brand around copy trading and still runs one of the largest and most mature copy-trading marketplaces in crypto, with a deep pool of strategy providers, performance histories, and risk controls for followers. MEXC also offers copy trading, but it is a secondary feature rather than the platform's identity, with a smaller and less developed strategy-provider ecosystem. Traders who want to follow (or eventually become) a strategy provider with a real track record and community around it are better served on Bitget.

Futures leverage and risk

Tie

MEXC advertises futures leverage up to 500x for eligible accounts, among the highest of any major exchange, while Bitget caps futures leverage at 125x. Higher leverage is not an advantage by itself — 500x turns small price moves into liquidation events almost instantly, and MEXC's own materials and independent reviewers flag this as a risk factor for inexperienced traders. Bitget's lower ceiling, paired with deep order-book liquidity on major pairs, gives active derivatives traders a more survivable range of leverage to actually use.

Regulatory footprint and transparency

Better here: Bitget

Both exchanges are incorporated in Seychelles without a single top-tier license, but Bitget has assembled a broader patchwork of regional registrations — including an AUSTRAC registration in Australia, an FCA-approved partnership in the UK, an AML SRO membership in Switzerland, and registrations in Argentina, Georgia, El Salvador, and Mexico. MEXC's regulatory footprint is thinner and includes public warnings from regulators such as Germany's BaFin, Hong Kong's SFC, and British Columbia's BCSC. Both publish proof-of-reserves data and maintain a stated protection fund (Bitget: roughly 5,500 BTC; MEXC: a stated $100 million Guardian Fund), but neither substitutes for a full independent audit.

Access, KYC, and native tokens

Tie

MEXC allows basic trading without full identity verification below 1,000 USDT in daily withdrawals, which appeals to traders who want to start quickly, while Bitget requires full KYC to unlock futures trading, higher withdrawal limits, and fiat channels. Both restrict US and UK residents and several other jurisdictions; MEXC also blocks mainland China, Hong Kong, and Singapore, where Bitget does not list these among its restrictions. Each exchange has a native token that cuts trading fees — BGB on Bitget and MX on MEXC — and both support staking, an earn product, and card or P2P fiat on-ramps depending on region.

Read the full review: BitgetRead the full review: MEXC

Frequently asked questions

Which is cheaper, Bitget or MEXC?

MEXC is cheaper on headline fees, with 0% maker and about 0.05% taker on spot versus Bitget's 0.10%/0.10% schedule; both offer further discounts for paying fees in their native token (MX or BGB).

Which exchange has more coins listed?

MEXC lists over 3,000 coins, far more than Bitget's several hundred, and tends to list new tokens earlier.

Is Bitget or MEXC better regulated?

Neither holds a top-tier license, but Bitget has built a broader set of regional registrations (Australia, UK, Switzerland, and others), while MEXC has received public warnings from regulators including Germany's BaFin and Hong Kong's SFC.

Which has better copy trading, Bitget or MEXC?

Bitget, whose copy-trading marketplace is larger, more established, and central to its brand; MEXC offers copy trading but as a secondary feature.

Can US residents use Bitget or MEXC?

No, both exchanges block US residents, along with the UK, Canada, and several other jurisdictions; MEXC additionally restricts mainland China, Hong Kong, and Singapore.

Which offers higher futures leverage?

MEXC offers up to 500x leverage for eligible accounts, versus Bitget's 125x cap; higher leverage means significantly higher liquidation risk, not necessarily an advantage.

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