Comparison of Htx vs Mexc [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Htx vs Mexc comparison!

Your expert: Alejandro Borja

Htx

Your expert: Xavier Tarrasó

Mexc

Main points

Fees

≤0,20%

Earns

Customer service

2/5

≈ 0,20%

Fees

Earns

4/5

Customer service

Recommended for

Beginners

Trading

Passive income

Buy and hold

Yes

Beginners

Yes

Trading

Passive income

Yes

Buy and hold

Comparison of fees

Rating

4.1 – Competitive fees with additional rewards for using the native token.

4.0 – Competitive fees with additional benefits for high-volume trading.

Level

≤0,20%

≈ 0,20%

Brief explanation

HTX employs a tiered fee structure, with trading fees decreasing as users trade more or hold more HTX Tokens (HT). The base trading fee for users with less than 10 HT is 0.20% per trade. However, by holding HT, users can receive significant discounts on these fees, reducing them to as low as 0.07% for high-volume traders. Additionally, HTX offers competitive fees for deposits and withdrawals, depending on the method and currency used. Crypto deposits are generally free, while fiat deposits and withdrawals can incur minimal fees. HTX’s fee structure is designed to be transparent and user-friendly, ensuring that traders can focus on their trading strategies without worrying about hidden costs .

MEXC Exchange offers competitive trading and transaction fees that cater well to both high-volume traders and occasional users. The platform employs a tiered fee structure, where fees decrease as a user’s trading volume increases, providing an incentive for frequent trading. Additionally, holding the exchange’s native token can yield further discounts, making the fees more advantageous. For those using credit or debit cards for deposits or withdrawals, it’s important to note that while convenient, these methods may incur higher fees compared to other payment options. This structure is designed to be economical for active traders while still accommodating casual users.

Htx

1. Security Measures HTX takes security seriously with features such as cold storage, two-factor authentication (2FA), and SSL encryption. These measures ensure user funds and data are well-protected, reducing the risk of unauthorized access and cyber threats.
2. High Liquidity HTX ranks among the top cryptocurrency exchanges globally, offering deep liquidity for popular trading pairs. This high trading volume ensures efficient order execution and minimizes slippage, making it a reliable platform for large and small traders alike.
3. Transparent Fee Structure HTX maintains a competitive and transparent fee structure, catering to a wide range of traders. The clear breakdown of deposit, trading, and withdrawal fees helps users understand and manage their trading costs effectively.
4. Regulatory Compliance While HTX operates in an essentially unregulated environment, it adheres to strict compliance protocols in regions like Hong Kong and Nevada. This regulatory oversight provides an additional layer of trust for users concerned about the legal standing of their trading platform.
5. Positive Reputation and Reviews HTX has built a strong reputation over the years, supported by generally positive reviews from its extensive user base. The platform's longevity and consistent service quality contribute to its credibility in the competitive crypto exchange market.

Mexc

Security Methods: MEXC employs robust security protocols, including a multi-tier and multi-cluster system architecture that ensures the safety and integrity of user data and funds. This comprehensive security strategy helps to protect against potential cyber threats and unauthorized access.
Reputation and Reviews: MEXC enjoys a strong reputation in the cryptocurrency community, backed by positive user reviews that often highlight the platform’s reliability, user-friendly interface, and responsive support.
Trading Volume and Liquidity The exchange boasts high trading volumes and liquidity, which is a testament to its active user base and efficient market operations. This ensures that users can execute trades quickly and at desired prices, even for large volume transactions.
Year Founded: Since its establishment in 2018, MEXC has shown significant growth and resilience in the fast-evolving crypto market, indicating stability and a deep understanding of market needs.
Possible Regulation: MEXC complies with various international regulatory standards, enhancing its credibility and reliability as a secure platform for trading digital assets. This regulatory adherence assures users of its commitment to lawful and ethical operations.

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Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

Direct link to the website

Product selection

Native token

Token MX

Earns

NFT marketplace

Yes

Cripto/debit card

Yes

Full name

Unknown

MEXC Exchange

Regulation

Not regulated

Year founded

Unknown

2018

Founder

Unknown

John Chen Ju

Payment methods

Transfers

Yes

Mastercard

Yes

Wire transfer

Card

Yes

Comparative table

Htx	FEATURES	Mexc
The minimum trade amount is user-friendly, accommodating small-scale traders.	Minimum Trade	MEXC allows for relatively low minimum trade amounts, making it accessible for beginners and those trading small amounts.
HTX has competitive fees, with discounts available for HT holders, though some markets have higher fees.	Trading and Transaction Fees	Competitive trading fees with discounts available for high-volume traders and token holders, making it economically viable.
Supports over 700 cryptocurrencies, making it one of the most comprehensive exchanges.	Number of Cryptocurrencies	Supports over 1,000 cryptocurrencies, offering one of the widest selections in the market.
Offers more than 230 trading pairs, providing extensive trading options.	Crypto-to-Crypto Trading Pairs	Offers a vast array of crypto-to-crypto trading pairs, facilitating diverse trading strategies.
Generally transparent, though some users report difficulty finding specific fee details.	Website Transparency	While MEXC provides ample information on trading operations, more detailed disclosures could enhance trust.
HTX does not currently offer its own exchange card for customers to use for in-store purchases and receive benefits.	Credit/Debit Card	Lacking an exchange card means MEXC users miss out on potential everyday use benefits, such as cashback in crypto on purchases or other rewards that are commonly offered by some other crypto exchanges with proprietary cards.
Utilizes cold storage for the majority of funds, ensuring high security.	Storage Offering	Provides secure storage solutions, but enhanced features for asset management could improve user experience.
Offers staking on multiple assets with competitive APYs, though availability can be limited.	Staking and Rewards	Offers competitive staking options and rewards, appealing to long-term holders and active traders.
High-rated mobile app with robust features; desktop app available and efficient.	Mobile App and Desktop	The mobile and desktop platforms are highly user-friendly, offering full trading functionality and good design.
Provides multiple support channels, but response quality can be inconsistent.	Customer Service	Customer support is available but improvements are necessary in response time and effectiveness.
Supports various methods, but fiat withdrawals are limited; some users find the withdrawal process complex.	Deposit and Withdraw	Deposits and withdrawals are handled efficiently, though clarity on timeframes and fees would enhance service.

Key features

Analysis tools

Unknown

Advanced charting tools, technical analysis

Mobile APP

Yes

Security

High 4,9/5

Additional features

Margin trading, futures trading, staking, HTX token (HT) rewards

Margin trading, futures trading, staking, MEXC Launchpad

Anonymity

Yes

Key points

Available cryptocurrencies

Information not readily available

1000+

User-friendliness

HTX provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

MEXC provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides decent value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.

Delivers good value for money with competitive fees and a wide range of supported cryptocurrencies, making it an affordable option for traders.

Countries of operation

China, Singapore, United States, Canada, Australia

Singapore, United States, Canada, Australia, United Kingdom

Best for

Ideal for traders seeking a user-friendly platform with competitive fees and a wide range of supported cryptocurrencies.

Best for traders seeking a platform with a wide range of cryptocurrencies and competitive fees.

Base currencies available

Not widely known

USDT, BTC

Account

Trading

HTX provides a secure and user-friendly platform with a good selection of cryptocurrencies. It offers competitive fees but lacks some advanced trading features.

MEXC offers a wide range of cryptocurrencies and advanced trading tools. It has competitive fees and high liquidity, making it suitable for experienced traders.

Deposit and withdrawal

HTX provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

MEXC offers multiple deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed quickly, usually within a day, with low fees.

Account opening process

HTX offers a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically completed within a day.

MEXC provides a straightforward and user-friendly account opening process. Users need to submit personal details and verify their identity. The process is efficient and usually takes less than a day to complete.

KYC required?

Yes

Customer Service

HTX offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

MEXC provides extensive customer support via email, live chat, and phone. The support team is responsive and available 24/7, ensuring users get timely assistance.

Security

HTX provides strong security with 2FA and encryption. Despite its robust security measures, the platform lacks regulation from top-tier financial authorities, which could be a concern for some investors.

MEXC employs robust security features, including 2FA and cold storage. However, it is not regulated by major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

Alejandro Borja

As a cryptocurrency analyst, I find HTX to be a robust platform suitable for a range of trading needs. With over 700 cryptocurrencies available and a variety of advanced trading options, HTX caters to both novice and experienced traders. The platform’s security measures, including two-factor authentication and cold storage, provide significant peace of mind. However, its complex interface can be daunting for beginners, and higher fees in some markets may affect frequent traders. Despite these drawbacks, HTX’s extensive offerings and solid security make it a compelling choice for serious traders .

Xavier Tarrasó

As an expert on our website, I recommend MEXC Exchange for its impressive array of over 1,000 cryptocurrencies and robust trading options, making it ideal for both new and seasoned traders. However, potential users should note the areas needing improvement, particularly customer service responsiveness. Overall, if you’re looking for a platform with high liquidity and diverse trading capabilities, MEXC is a solid choice, but be prepared for possible delays in support when you need assistance.

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How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.