MEXC Exchange/Learn/Trading Guide/User Guide/MEXC Fees Explained: Complete Trading, Futures & Withdrawal Fees Guide
MEXC Fees Explained: Complete Trading, Futures & Withdrawal Fees Guide
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Key Takeaways
- MEXC offers 0% maker fees on both spot and futures trading, making it one of the most cost-effective exchanges for active traders.
- MEXC futures trading fees are only 0.02% for takers, while spot trading fees are 0.05% for takers with zero maker costs.
- MX token holders can save up to 50% on trading fees by maintaining 500+ MX tokens for 24 hours.
- MEXC zero fees apply permanently to XRP/USDT and XRP/USDC trading pairs for both makers and takers.
- The MEXC fee calculator and fee structure are designed to provide transparent, competitive rates across all trading activities.
- MEXC trading fees policy maintains industry-leading low costs with additional promotional zero-fee opportunities.
Whether you are a seasoned professional trader who has been navigating the cryptocurrency space for years or a novice trader just starting out, understanding trading-related fees is an essential step towards mastering trading rules and enhancing your trading experience.
MEXC stands out in the cryptocurrency exchange landscape by offering some of the industry's most competitive trading fees, including 0% maker fees for both spot and futures trading. This comprehensive guide covers all MEXC trading costs including spot fees, futures fees, withdrawal fees, and exclusive MX token discounts that can reduce your trading costs even further.
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MEXC Trading Fees Overview - Complete Fee Structure
The following table provides a comprehensive overview of all MEXC trading fees, making it easy to understand the cost structure at a glance:
| Trading Type | Maker Fee | Taker Fee | With MX Deduction (20% Off) | With MX Holdings (50% Off) | Zero-Fee Pairs |
| Spot Trading | 0% | 0.05% | 0.04% | 0.025% | XRP/USDT, XRP/USDC |
| Futures Trading | 0% | 0.02% | 0.016% | 0.01% | Available during promotions |
| Convert Feature | 0% | 0% | 0% | 0% | All supported pairs |
MX Token Discount Requirements
| Discount Type | Requirement | Discount Rate | Effective Spot Taker Fee | Effective Futures Taker Fee |
| No MX | None | 0% | 0.05% | 0.02% |
| MX Deduction | Enable feature + MX balance | 20% | 0.04% | 0.016% |
| MX Holdings | 500+ MX for 24 hours | 50% | 0.025% | 0.01% |
Fee Calculation Examples
| Trade Amount | Trading Type | Order Type | Standard Fee | With MX Deduction | With MX Holdings |
| $10,000 | Spot | Maker | $0 | $0 | $0 |
| $10,000 | Spot | Taker | $5 | $4 | $2.50 |
| $10,000 | Futures | Maker | $0 | $0 | $0 |
| $10,000 | Futures | Taker | $2 | $1.60 | $1 |
| $100,000 | Spot | Taker | $50 | $40 | $25 |
| $100,000 | Futures | Taker | $20 | $16 | $10 |
This fee structure demonstrates MEXC's commitment to providing cost-effective trading solutions across all trading styles and volumes. The combination of zero maker fees and competitive taker fees, enhanced by MX token discounts, creates significant savings opportunities for traders of all levels.
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Futures Trading Related Fees
Trading Fees
When trading on MEXC, MEXCers will have two roles: Maker and Taker.
A Maker order is a limit order that is currently placed and has not yet been matched with an existing Maker order. It remains in the order book as an order awaiting execution. Maker orders add liquidity to the orderbook for both buying and selling.
A Taker order is either a limit order or a market order that is matched directly with an existing Maker order. It results in liquidity being taken away.
On MEXC, the perpetual futures trading Maker fee rate is 0%, and the Taker fee rate is 0.02%.
Understanding MEXC's Competitive Fee Advantage
MEXC's fee structure represents a significant cost advantage for cryptocurrency traders. The 0% maker fee means that when you place limit orders that add liquidity to the market, you pay absolutely nothing in trading fees. This is particularly beneficial for active traders who frequently use limit orders, as these orders often make up a substantial portion of professional trading strategies. The 0.02% taker fee for futures trading is among the lowest in the cryptocurrency industry, making MEXC an attractive choice for both casual and professional traders.
The maker-taker model encourages liquidity provision to the exchange. When you place a maker order, you're essentially providing liquidity to other traders, which MEXC rewards by charging no fees. Taker orders, which consume existing liquidity, carry the minimal 0.02% fee. This structure benefits the entire trading ecosystem by encouraging deeper order books and tighter spreads
Note
By transferring MX into your futures account, you can use MX to offset USDT-M futures trading fees and enjoy a 20% discount.
Advanced MX Token Fee Optimization
The MX token offers multiple pathways to reduce your trading costs beyond the standard fee structure. When you enable MX fee deduction for futures trading, the system automatically uses your MX tokens to pay trading fees while providing a 20% discount on the original fee amount. This means your effective taker fee becomes 0.016% instead of 0.02%, providing meaningful savings for active traders.
The MX deduction system works seamlessly in the background. Once you transfer MX tokens to your futures wallet and enable the feature, every trade automatically deducts fees from your MX balance at the discounted rate. When your MX balance becomes insufficient, the system reverts to standard USDT fee payment. This automated approach ensures you never miss potential savings while maintaining uninterrupted trading.
For traders who maintain substantial MX holdings, an even more attractive option exists. By holding 500 or more MX tokens in your spot account for 24 consecutive hours, you become eligible for a 50% discount on all trading fees. The system monitors your holdings through three random daily snapshots, using the lowest recorded amount to determine eligibility. This holding-based discount cannot be combined with MX deduction, but the platform automatically applies whichever option provides greater savings.
Example
In BTC/USDT perpetual futures, if a MEXCer shorts a position by selling 1 BTC, resulting in a position with a value of 30,000 USDT:
Trading Fee Formula
Trading Fee = Position Value × Trading Fee Rate
- If all the orders are filled as Maker orders, the MEXCer will need to pay 30,000 * 0.000% = 0 USDT in trading fees.
- If all orders are filled as Taker orders, the MEXCer will need to pay 30,000 * 0.020% = 6 USDT in trading fees.
- Finally, orders that have been placed but not executed do not incur any trading fees, and there are no fees for order cancellations.
Practical Fee Minimization Strategies
Understanding how to minimize your futures trading fees requires strategic order placement and timing. The most effective approach involves using limit orders positioned slightly away from the current market price.
For example, if you want to buy Bitcoin futures currently trading at $50,000, placing a limit order at $49,950 ensures your order enters the order book as a maker order, qualifying for 0% fees. While this requires patience as your order waits for the market to reach your price, the cost savings can be substantial over time.
Professional traders often employ a mixed strategy, using maker orders for planned entries and exits while reserving taker orders for urgent market movements or stop-loss executions. Given that taker fees are only 0.02%, the cost of immediate execution remains very reasonable even when maker orders aren't practical. This flexibility allows traders to optimize their strategies without being overly constrained by fee considerations.
The accumulation of fee savings becomes particularly meaningful for high-volume traders. A trader executing $1 million in monthly futures volume could save $2,000 monthly by using maker orders instead of taker orders compared to typical exchange fee structures. When combined with MX token discounts, these savings compound significantly, making MEXC an economically attractive platform for serious futures trading.
Funding Rate
Funding Rate refers to the fee set by cryptocurrency exchanges to maintain the balance between the futures price and the price of the underlying asset. This rate is typically applied to perpetual futures and represents a mechanism for the exchange of funds between long and short traders. The exchange does not collect this fee. It is used to adjust the cost or profit of holding contracts for traders, aiming to keep the futures price closely aligned with the price of the underlying asset.
The MEXC platform utilizes the funding rate mechanism to anchor the market price of perpetual futures to the spot index price.
Example
If the funding rate is positive, long positions will pay the funding rate while short positions will receive it. If the funding rate is negative, it's the opposite. Users are only required to pay or receive funding fees if they hold positions at the specific moment when the funding fee is settled. If positions are closed before the funding fee is charged, no funding fee will be paid or received.
The settlement process takes a certain amount of time, so any orders executed within ±15 seconds of the settlement time may not be included in the funding fee swap. The funding fee is the exchange of funds between users, and MEXC SWAP will not collect any funding fees.
Please click this link to check the [Funding Rate] history.
Funding Rate Strategy and Cost Management
Understanding funding rates is crucial for effective futures trading cost management. Funding rates fluctuate based on market sentiment and the price difference between futures and spot markets. During bullish periods, funding rates often turn positive as more traders take long positions, meaning long position holders pay funding fees to short position holders every eight hours. Conversely, during bearish periods, negative funding rates mean short position holders pay long position holders.
Smart traders incorporate funding rate analysis into their position management strategies. If you're planning to hold a long position during a period of consistently high positive funding rates, the cumulative cost can significantly impact your profitability. In such scenarios, some traders opt for spot purchases instead of futures positions, or they time their entries to minimize funding rate exposure.
The funding rate settlement occurs every eight hours at 00:00, 08:00, and 16:00 UTC. Positions opened and closed between these settlement times incur no funding fees, making short-term trading strategies particularly cost-effective on MEXC. This creates opportunities for scalpers and day traders who can avoid funding costs entirely while benefiting from the 0% maker fees.
Spot Trading Related Fees
Trading Fees
When spot trading on MEXC, just as in futures trading, MEXCers also have two roles: Makers and Takers.
A Maker order is a limit order that is currently placed and has not yet been matched with an existing Maker order. It remains in the order book as an order awaiting execution. Maker orders add liquidity to the orderbook for both buying and selling.
A Taker order is either a limit order or a market order that is matched directly with an existing Maker order. It results in liquidity being taken away.
On MEXC, the spot trading Maker fee rate is 0%, and the Taker fee rate is 0.05%.
After enabling MX Deduction, when conducting spot trading, MX will be used first to receive a 20% discount on trading fees. The following trading pairs still enjoy a 0% spot trading fee: XRP/USDT, XRP/USDC.
After enabling MX Deduction, when conducting spot trading, MX will be used first to receive a 20% discount on trading fees. The following trading pairs still enjoy a 0% spot trading fee: XRP/USDT, XRP/USDC.
Spot Trading Fee Optimization and Zero-Fee Opportunities
MEXC's spot trading fee structure provides multiple avenues for cost optimization. The 0% maker fee applies to all spot trading pairs, making limit order strategies extremely cost-effective. When you place a limit order below the current market price for buying or above the current market price for selling, you create a maker order that adds liquidity to the order book and incurs no trading fees whatsoever.
The platform offers additional zero-fee opportunities through specific trading pairs. XRP/USDT and XRP/USDC trading pairs maintain 0% fees for both maker and taker orders permanently. This means any trading activity in these pairs, whether using limit orders or market orders, costs nothing in trading fees. For traders who frequently trade XRP or use these pairs for portfolio rebalancing, this represents significant cost savings.
Beyond these permanent zero-fee pairs, MEXC periodically launches promotional campaigns offering zero fees on additional trading pairs. These promotions can include popular cryptocurrencies like Bitcoin, Ethereum, and other major altcoins. Staying informed about these promotions through MEXC announcements can provide opportunities for fee-free trading across a broader range of assets.
The MX token discount system for spot trading offers two distinct options. The 20% MX deduction reduces your effective taker fee from 0.05% to 0.04%, while the 50% holding discount (for maintaining 500+ MX tokens) reduces the effective taker fee to 0.025%. For active spot traders, the holding discount often provides better value, especially considering the potential appreciation of MX tokens themselves.
Example
If a MEXCer sold 1 WBTC in the WBTC/USDT spot trading pair and received 30,000 USDT:
- If all the orders are filled as Maker orders, the MEXCer will need to pay 30,000 * 0% = 0 USDT in trading fees.
- If all the orders are filled as Taker orders, the MEXCer will need to pay 30,000 * 0.05% = 15 USDT in trading fees.
- Finally, orders that have been placed but not executed do not incur any trading fees, and there are no fees for order cancellations.
Real-World Cost Analysis for Different Trading Styles
Different trading approaches benefit uniquely from MEXC's fee structure. Long-term investors who make occasional large purchases can dramatically reduce costs by using limit orders instead of market orders. For a $10,000 cryptocurrency purchase, using a market order (taker) costs $5 in fees, while a strategically placed limit order (maker) costs nothing. Over a year of regular investments, this difference compounds significantly.
Active day traders who execute multiple trades daily find substantial value in MEXC's low taker fees combined with zero maker fees. A trader executing $50,000 in daily volume using a mix of maker and taker orders might pay $12.50 in fees on days using primarily taker orders, but only $2.50-$5 when strategically using more maker orders. This represents potential monthly savings of hundreds of dollars for active traders.
Dollar-cost averaging strategies work exceptionally well with MEXC's fee structure. Investors making regular weekly or monthly purchases can use limit orders placed slightly below current market prices to achieve both better entry points and zero trading fees. While this requires more patience than market orders, the combined benefit of better prices and zero fees significantly improves long-term investment returns.
Professional arbitrage traders particularly benefit from MEXC's maker fee structure. Arbitrage strategies typically involve simultaneous buying and selling across different markets or pairs, often using limit orders to capture price discrepancies. The 0% maker fees mean arbitrageurs can capture smaller price differences profitably, as trading fees don't erode their potential profits.
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Additional MEXC Features and Fee Information
Convert Feature and Zero-Fee Asset Swaps
MEXC offers a Convert feature that allows instant cryptocurrency swaps without traditional order book trading. This feature provides zero trading fees for converting between supported cryptocurrencies, making it ideal for quick portfolio adjustments or converting small balances. The Convert feature uses real-time market rates and eliminates the need to place orders, providing immediate execution without slippage concerns.
The Convert feature supports most major cryptocurrencies available on MEXC, including Bitcoin, Ethereum, and popular altcoins. This zero-fee conversion is particularly valuable for traders who need to quickly adjust their portfolio allocation or convert earnings from one cryptocurrency to another. Unlike traditional trading, which might require multiple orders and potential slippage, Convert provides guaranteed execution at displayed rates.
For users managing diverse cryptocurrency portfolios, the Convert feature serves as an efficient rebalancing tool. Instead of executing multiple buy and sell orders across different trading pairs, users can directly convert from one asset to another without paying trading fees. This streamlined approach saves both time and money while providing portfolio management flexibility.
Withdrawal Fees and Fund Management
While MEXC offers industry-leading trading fees, withdrawal fees vary by cryptocurrency and network congestion. Most major cryptocurrencies maintain competitive withdrawal fees that reflect actual network costs rather than additional platform charges. Bitcoin withdrawals typically range from 0.0005 to 0.001 BTC depending on network congestion, while Ethereum withdrawals adjust based on current gas prices.
MEXC supports multiple blockchain networks for various cryptocurrencies, allowing users to choose more cost-effective withdrawal options. For example, USDT withdrawals are available on Ethereum, Tron, Binance Smart Chain, and other networks, with Tron often providing the lowest withdrawal fees. This flexibility allows users to optimize their withdrawal costs based on their specific needs and destination requirements.
The platform periodically offers promotional periods with reduced or zero withdrawal fees for specific cryptocurrencies. These promotions typically coincide with network upgrades or new listing celebrations. Users can stay informed about these opportunities through MEXC's announcement channels, potentially saving significant amounts on large withdrawals.
How To Get Relevant Information From MEXC
MEXC Website
Click on the link below to learn more about MEXC's futures trading, spot trading, and deposit/withdrawal fees:
MEXC App
Open the MEXC app and tap on the user icon. Tap [Fee Settings].
Understand the relevant fee rates.
Fee rates may vary by country or region.Please refer to the rates displayed on the fee rates page.
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Staying Updated with Fee Changes and Promotions
MEXC regularly updates its fee structure and launches promotional campaigns that can provide additional savings opportunities. The most reliable way to stay informed about current fees and promotions is through the official MEXC website fee page, which displays real-time rates and any ongoing promotional campaigns. This page automatically updates to reflect current market conditions and special offers.
The MEXC mobile application provides convenient access to current fee information and trading cost calculations. Within the app, users can view their personalized fee rates based on their MX holdings and trading volume. The app also sends notifications about new promotional campaigns and fee structure updates, ensuring users never miss opportunities for additional savings.
For traders who want to track their fee expenses over time, MEXC provides detailed trading history reports that break down all fees paid across different trading pairs and time periods. These reports help users analyze their trading costs and identify opportunities for optimization. The data can be exported for tax reporting purposes or personal financial tracking.