Fee comparison
Binance vs MEXC fees
Binance and MEXC each come out cheaper in some scenarios. We priced three everyday transactions in Israel (ILS) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.
Scenario 1
Buy ₪1,000 of BTC by bank transfer, withdraw on Bitcoin
BinanceMissing spread, deposit fee
MEXCMissing withdrawal fee
Scenario 2
Buy ₪500 of ETH by card, withdraw on Arbitrum
BinanceMissing spread, deposit fee
MEXCMissing withdrawal fee
Scenario 3
Buy ₪250 of USDT by bank transfer, withdraw on Tron
BinanceMissing spread, deposit fee
MEXCMissing spread, withdrawal fee
Fee schedule side by side
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