vs
MEXC vs Gate.io
Both compete on breadth of listings. Neither serves US residents. The difference is mostly transparency and verification policy.
Both links below are affiliate links — what that means. It does not change what is written here; every entry carries a drawback for the same reason.
Short answer
Choose Gate.io if…You want a longer public proof-of-reserves record behind the exchange holding your balance.
Visit Gate.io →Side by side
| MEXC | Gate.io | |
|---|---|---|
| Launched | 2018 | 2013 |
| Based / registered | Seychelles-registered | Registered in the Cayman Islands, operating internationally |
| Who holds the assets | Custodial | Custodial |
| Identity verification | Not required for basic use, with limits — required to raise them | Required for most features |
| Available to US residents | No — MEXC stopped serving US customers in 2023 | No — US residents are excluded |
| Products |
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What each one is actually good at
MEXCOne of the widest listing catalogues anywhere, and among the last large exchanges where a small account can trade without full verification.
Worth knowing. The long tail of listings includes tokens with almost no liquidity. A position that looks fine on the chart can be impossible to exit at anything near that price.
Gate.ioHas published proof-of-reserves attestations for longer than most of its peers, and its listing catalogue rivals MEXC's.
Worth knowing. The interface carries a decade of accumulated features and is genuinely hard to navigate. Expect to spend time finding things that are one click away elsewhere.
What about the fees?
We do not print a fee table, and the reason is not laziness. Fee schedules change without notice — Kraken rebuilt its tier system in July 2026 — and a stale number on a page that earns from its links is worse than no number at all. So here are both live schedules, from the source:
Once you have both numbers, the trading fee calculator turns them into what a year of your actual trading would cost — which is the number that decides this, not the headline rate.
Before you commit
Availability changes. Regulators bar platforms, platforms withdraw from markets, and this page was last checked on 2026-08-05 — confirm on the platform’s own terms that it serves your country before you sign up.
And whichever you pick: an exchange balance is a trading float, not storage. Anything you are not actively trading belongs in a wallet you hold the keys to.