MEXC vs SimpleSwap

How MEXC vs SimpleSwap compare on our ratings, exchange specs, funding, pros and cons.

MEXC3.4/5
VS
Feature
Ratings
Our score3.4/54.1/5
User ratingNo reviews yetNo reviews yet
Fees4.53.0
Security & trust2.54.0
Asset selection4.55.0
Ease of use3.54.5
Support2.54.0
Specs
MarketsSpot, Futures, Margin, Copy trading, P2PSpot
Maker fee0%Not disclosed
Taker fee0.05%Not disclosed
Coins listed1,4382,800
Fiat deposit methodsNot disclosedCard
KYC requiredNot disclosed No
Accepts US customers NoNot disclosed
Proof of reserves YesNot disclosed
Mobile appNot disclosed Yes
Security features$100M Guardian Fund, On-chain fund verificationNon-custodial architecture, Direct wallet settlements
Futures & perpetuals Yes No
Max leverage (x)500Not disclosed
Copy trading Yes No
P2P marketNot disclosed No
User protection fund YesNot disclosed
Referral programNot disclosed Yes
Company
Founded20182018
HeadquartersSeychelles—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • 0% standard spot maker fee
  • 0.05% standard spot taker fee
  • More than 1,400 listed coins
  • Perpetual futures with up to 500x leverage
  • No account registration required for standard crypto-to-crypto swaps
  • Non-custodial model delivers converted assets directly to personal wallets
  • Extensive catalog covering more than 2,800 cryptocurrencies
  • Choice between fixed guaranteed rates and floating market rates
Cons
  • Unavailable in the United States, Canada and Singapore
  • Custodial exchange exposure for deposited assets
  • Leverage up to 500x increases liquidation risk
  • Funding rates can reach 0.1% or higher on volatile contracts
  • Built-in exchange spreads can exceed traditional spot order-book trading fees
  • Transactions flagged by automated AML risk scoring trigger sudden KYC holds
  • No order books, limit orders, futures, or margin trading
  • Fiat purchases rely on third-party processors with separate fees and verification
Best forBroad token selection, High-risk futures traders, Spot grid and DCA usersRegistration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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