What is the difference between maker and taker fees?
A maker adds liquidity by placing a limit order that sits on the order book. A taker removes liquidity by placing a market order or a limit order that matches immediately. Makers pay lower fees because they improve market depth.
Does holding an exchange's native token actually reduce fees?
Yes. Binance's BNB gives a flat 25% discount when enabled. OKX's OKB can cut fees by up to 40% depending on your OKB balance. KuCoin's KCS and Bitget's BGB offer similar 20% discounts. The math is straightforward: if you trade more than a few thousand dollars per month, holding the native token pays for itself.
Why are MEXC's fees so much lower than everyone else?
MEXC uses zero maker fees as its primary competitive tool to attract market makers and volume. The 0.05% spot taker and 0.02% futures taker are cross-subsidized by other products (staking, launchpad, OTC). MEXC trades off brand trust and regulatory certainty against cost — suitable for experienced traders comfortable with a Seychelles-based exchange.
Are there hidden fees I should watch out for?
Yes: Funding rates on perpetual futures can be positive or negative and are charged every 8 hours — on high-leverage positions these dwarf trading fees. Withdrawal fees vary by network and coin. Spread on low-liquidity pairs is often 0.1–0.5%, far exceeding the nominal trading fee. Use our live funding rate tracker to monitor funding costs in real time.