MEXC or Gate

The two exchanges with the widest coin selection. A look at how they differ when both listings are enormous.

Puffit editorial · · about authorship and sources

Compared by the numbers

These figures come from the venues themselves. Volume is missing on purpose: every exchange counts it its own way, and on a few the top of the book is tokenised equities. The bottom row counts the P2P currencies our scanner reaches, not everything the venue lists.

MEXCMEXC GateGate
USDT pairs1,4392,038
Futures contracts1,0981,070
Networks for USDT1626
Cheapest USDT withdrawal0.0001 AVALANCHE0.0500 ARBITRUM
P2P currencies in our scanner83 currencies72 currencies

Same niche, different foundations

Both are among the leaders on coin count and comfortably ahead of the top three. But they got there by different routes, and that decides the choice.

MEXC deliberately chose an early-listing strategy: a coin appears here before anywhere else. Gate has run since 2013 and accumulated breadth over twelve years — by the standards of this industry that is an argument in itself.

Fees: the decisive MEXC advantage

The MEXC spot maker fee is zero. This is a standing condition rather than a promotion, and for limit strategies it outweighs almost everything else.

Triangular arbitrage shows how much it matters: three trades at the usual 0.1% cost 0.3% and eat most routes. At a zero maker fee those same three trades cost nothing. Working triangles today are found almost only on MEXC.

Twenty-four networks: the decisive Gate advantage

Gate publishes twenty-four networks for USDT withdrawals — more than any other venue in our review. If you need to send a coin into an unusual network, this is most likely where you can, and the choice lets you pick whichever is cheapest today.

Gate was also among the first to publish regular Merkle-tree proof of reserves: any user can check that their balance is counted in the exchange liabilities and that those liabilities are covered by assets. Voluntary, regular publication says something about how a venue treats transparency.

What MEXC gives you

Spot — fifteen hundred pairs, zero maker fee.

Futures — over a thousand perpetual contracts.

P2P — hryvnia, tenge, lira and dozens of other currencies.

Earn — savings and staking on fresh coins.

Kickstarter and Launchpad — new project launches.

Copy trading — mirror other traders.

What Gate gives you

Spot — two thousand pairs, including a great many small projects.

Futures — a thousand perpetual contracts.

P2P — buy crypto for ordinary money.

Earn — savings, staking, structured products and lending.

Startup — new token launches.

Copy trading and bots — mirrored trades and automated strategies.

Proof of reserves — published regularly on a Merkle tree.

One rule for any wide listing

Two thousand pairs does not mean two thousand liquid markets. Alongside the large coins, both venues list very thin ones where a single order moves the price by whole percent. The rule is the same for both: check volume and depth before you check the price.

Who each one suits

MEXC — if you count fees and trade with limit orders, or catch new listings in their first hours.

Gate — if a long track record, openness about reserves and the widest choice of withdrawal networks matter to you.

What the numbers say

Gate opens 26 chains for USDT against 16 on MEXC — more routes mean more chances to move funds cheaply. Counting spot pairs, Gate comes out ahead by 1.4×: 2,038 USDT pairs against 1,439. In derivatives there is no gap — around 1,084 contracts on both. P2P coverage is wider on MEXC: 83 currencies against 72 on Gate. USDT leaves cheaper from MEXC: 0.0001 over AVALANCHE, against 0.0500 ARBITRUM on Gate.

Snapshot from 31 October 2026; on the page the figures refresh on every visit.

MEXC ↗Gate ↗

Frequently asked

Which has more coins?
Both are among the market leaders and the lead shifts. Current pair counts are in the table at the top of this page.
Where is trading cheaper?
MEXC, if you work with limit orders: the maker fee there is zero. Trading at market, the difference is small.
What is Gate proof of reserves?
A Merkle-tree procedure: you can verify that your balance is counted in the exchange liabilities and that they are covered by assets.
Which has more withdrawal networks?
Gate — twenty-four for USDT, the record of our review. MEXC has sixteen, but withdrawals on Plasma are free.
Can I use both?
Yes, and it is a common setup: MEXC for the zero maker fee and fresh listings, Gate for network breadth and a long history.
Gate or MEXC — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

Binance or MEXCDepth and ecosystem against early listings and a zero maker fee. A look at when each one pays off.OKX or MEXCA dense book and a Web3 wallet against a zero maker fee and coins before everyone else. A look at which matters more in your case.KuCoin or GateBoth live off coins the top three do not carry. A look at how they differ from each other.MEXC or LBankBoth live off coins the top three do not yet carry. A look at how they differ from each other.Binance vs GateGate catches new listings first; Binance lets you fill a large order without slippage. That is the whole fork.Bybit vs GateYou go to Gate for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.Bybit vs MEXCYou go to MEXC for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.OKX vs GateFor a rare coin go to Gate; for bots and earn go to OKX. They overlap less than it looks.How to trade on MEXCThe venue where new coins appear first and the spot maker fee is zero. Here is who benefits from that.How to trade on GateRunning since 2013, with twenty-four networks for USDT withdrawals — more than any other venue in our review.