MEXC vs Kucoin Comparison: Which is better?

When choosing the right cryptocurrency exchange, many traders find themselves comparing MEXC vs KuCoin—two popular global platforms that offer a wide range of features. If you're looking for a straight answer: KuCoin is better for experienced traders who want advanced tools and higher liquidity, while MEXC is a strong choice for beginners and those seeking no-KYC trading and access to small-cap gems.

However, the better platform for you depends on your specific needs. This article will dive deep into the key differences between MEXC and KuCoin, analyzing security, trading experience, fees, KYC requirements, supported assets, and more—so you can make the most informed decision.

✅ Trade with MEXC now: Open An Account 👈

1. KYC and Account Setup

One of the most noticeable differences between MEXC and KuCoin is their approach to KYC (Know Your Customer) requirements.

MEXC allows users to trade, deposit, and withdraw without mandatory KYC verification, making it more attractive for users who value privacy or live in regions with restrictive regulations. Non-KYC users can still withdraw up to 30 BTC per day, which is more than enough for most traders.

KuCoin, on the other hand, has tightened its KYC policy since mid-2023, requiring all users to complete KYC to access full trading features and avoid withdrawal limits. If you prefer a platform that does not require identification, MEXC clearly wins in this category.

2. Security and Regulation

Both exchanges have not suffered major hacks in recent years, but their security strategies differ slightly.

KuCoin was hacked in 2020 with over $280 million stolen, though the platform successfully recovered most funds and improved security infrastructure. Since then, KuCoin has adopted a more rigorous approach to asset protection, including cold wallets, risk control systems, and proof-of-reserves reports.

MEXC has not had any major security breaches publicly reported. It offers 2FA, withdrawal whitelist features, and other basic protections but lacks the same level of transparency as KuCoin regarding proof of reserves and insurance funds.

If transparency and regulatory alignment are priorities for you, KuCoin is slightly ahead. But in practice, both platforms are reasonably secure for everyday users.

3. Trading Features and Tools

Both MEXC and KuCoin support spot trading, margin trading, and futures contracts, but their depth of features varies.

MEXC is ideal for fast, easy trading, with a clean interface and quick order execution. It supports futures trading with up to 200x leverage on select pairs and offers grid trading, copy trading, and quantitative strategies. Its futures engine is optimized for mobile trading, which is a bonus for on-the-go users.

KuCoin offers a more comprehensive trading suite, including trading bots, advanced order types, detailed charting tools, and API access for algorithmic traders. If you’re a professional or semi-professional trader looking for a deeper toolbox, KuCoin is the better option.

4. Asset Selection and Listing of New Tokens

MEXC has built a reputation as a launchpad for low-cap, high-potential tokens. If you're a degen trader looking to get in early on new projects, MEXC is a goldmine. The platform regularly lists tokens before major exchanges and often offers initial token sales through Kickstarter events.

KuCoin also lists a wide range of assets, including major and mid-cap coins, and has its own launchpad—KuCoin Spotlight. However, it's slightly slower in listing brand-new coins compared to MEXC.

So if you’re an altcoin hunter or looking to get into meme coins early, MEXC provides better opportunities.

✅ Trade with MEXC now: Open An Account 👈

5. Fees and Discounts

Both platforms are competitive when it comes to fees, but there are some distinctions.

MEXC charges 0% spot trading fees on many pairs and typically offers lower futures fees than KuCoin. It’s one of the only major platforms that regularly provides zero-fee promotions to attract users. This makes MEXC a cost-effective choice for high-volume traders or scalpers.

KuCoin uses a tiered fee structure and offers discounts for users holding its native token, KCS. Spot trading fees start at 0.1% and can be reduced significantly through KCS usage or high-volume trading.

In terms of raw cost, MEXC offers better value, especially if you’re focused on fee-sensitive strategies.

6. Copy Trading and Passive Income

Copy trading is becoming a popular feature for beginners, and MEXC has a fully integrated copy trading platform that’s easy to use. You can follow top traders and mirror their strategies with just one click.

KuCoin has trading bots and strategy automation, but no native copy trading feature yet. Instead, users rely on bots or external platforms.

For those looking to earn without active trading, both platforms offer staking, lending, and launchpool-style rewards, but MEXC’s passive earning options are more simplified and beginner-friendly.

7. Mobile App Experience

Both platforms have mobile apps for Android and iOS with positive reviews, but user experiences differ.

MEXC’s app is optimized for fast execution, copy trading, and futures trading. It's designed for ease of use and is generally more stable for real-time trading.

KuCoin’s app is more feature-rich and offers deeper analytics, charting, and trading bot integration. However, it may feel overwhelming for first-time users or those who prefer a minimalist interface.

For simplicity and speed: MEXC is better. For depth and versatility: KuCoin is superior.

8. Liquidity and Volume

KuCoin handles significantly more volume than MEXC and has better liquidity for top trading pairs. This means tighter spreads and less slippage for large orders.

MEXC still has solid liquidity for popular altcoins and major assets, but may suffer from slippage on lower-volume pairs. However, it often gets traffic from users chasing new token listings, which can boost activity on newer pairs.

If you're a whale or institutional-level trader, KuCoin is the better choice due to its liquidity depth. For regular retail users, the difference isn’t always noticeable.

9. Geo-Restrictions and Accessibility

MEXC operates with more leniency toward users from restricted jurisdictions, including the U.S., India, and others, due to its no-KYC policy. Many users from countries where larger exchanges are banned prefer MEXC for this reason.

KuCoin has started restricting access to users in some countries unless KYC is completed, making it less attractive for users who want to remain pseudonymous.

If you're in a gray-area jurisdiction or prefer privacy, MEXC is more accessible.

Final Verdict: Which Exchange is Better?

Choose MEXC if you:

• Want to trade without KYC

• Prefer lower trading fees and promotional zero-fee events

• Are hunting early access to small-cap or meme coins

• Want simple copy trading and fast mobile trading

• Live in a country with regulatory restrictions

Choose KuCoin if you:

• Are an advanced trader looking for deeper features

• Need high liquidity for large trades

• Prefer transparent operations and a more established platform

• Use trading bots, advanced charting, and APIs

• Don’t mind completing KYC

Ultimately, MEXC is better for beginners, altcoin hunters, and privacy-focused users, while KuCoin is better for advanced, high-volume, or institutional traders who prioritize security, features, and liquidity.

✅ Trade with MEXC now: Open An Account 👈

Read more:

• MEXC vs Bybit Comparison

• MEXC vs Bitget Comparison