MEXC vs Toobit

MEXC collects new coins, Toobit collects leverage and contracts. Different jobs, usually done on different venues.

Puffit editorial · · about authorship and sources

Compared by the numbers

Everything below is read from the platforms directly. We leave volume out by choice — the methods differ too much for an honest comparison. And the P2P row measures our own scanner’s reach, not the exchange’s full currency list.

MEXCMEXC ToobitToobit
USDT pairs1,439534
Futures contracts1,098371
Networks for USDT1610
Cheapest USDT withdrawal0.0001 AVALANCHE0.10 OPTIMISM
P2P currencies in our scanner83 currencies12 currencies

In short: the difference

MEXC is the exchange with the longest ticker list. On the market since 2018, jurisdiction: Seychelles, its own MX token.

Toobit is a venue where contracts come before spot. On the market since 2022, jurisdiction: Seychelles, its own TBT token.

What MEXC gives you

The terminal is strong on contracts, but MEXC has its own ground: The early-listing venue: fifteen hundred spot pairs and over a thousand perpetuals, among the broadest we cover. New coins land here before they reach the majors. There is P2P, savings and staking, Kickstarter launches and copy trading. The spot maker fee is zero, and USDT withdrawals on Plasma are free.

Strong sides: a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs.

What Toobit gives you

Against an early-listing venue, Toobit plays a different game: A young venue with a derivatives character: over seven hundred USDT perpetuals and five hundred-plus spot pairs. There is P2P, copy trading, Earn savings and its own TBT token. A distinctive trait is the spread of withdrawal prices across networks: the gap between cheapest and dearest is wider here than anywhere, and choosing well saves money.

Strong sides: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.

What decides it

  • Age. MEXC has run since 2018, Toobit since 2022 — a gap of 4 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
  • Native tokens. MEXC has MX, Toobit has TBT: holders usually get fee discounts and access to launches.
  • Strengths side by side. MEXC: a zero maker fee, free withdrawals on Plasma, early listings, 1500 spot pairs; Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
  • Which job. MEXC is for anyone chasing new coins and working from a wide list, while Toobit is for derivatives trading and for anyone who picks the network by price.
  • Worth remembering. MEXC: among thousands of pairs many are very thin: check the book before size. Toobit: coins bought on P2P become withdrawable the next day — plan around it.

Which one fits you

MEXC — for anyone chasing new coins and working from a wide list.

Toobit — for derivatives trading and for anyone who picks the network by price.

What people ask most

MEXC: Is the spot fee really zero? Zero for the maker — an order that rests in the book and fills. Buying at market makes you a taker, paying the normal rate, though one of the lowest around.

MEXC: Can I trade without verification? Spot is available with daily withdrawal limits. Lifting them, and P2P, require verification.

Toobit: Why is Toobit absent from your listings section? It publishes announcements but does not serve them programmatically, and we will not retype them by hand: the data would go stale fast.

Toobit: How do I fund a Toobit account? Go to Assets → Spot Account → Deposit, pick the coin and network, and send to the address shown. Choose the same network you are sending from.

Toobit: How do I withdraw? Same place: Assets → Spot Account → Withdrawal, then coin, destination address and amount, submitted for review. The fee depends on the network, and Toobit’s spread between networks is the widest of any venue we cover.

Both at once

You do not have to pick one. Two accounts give you a fallback when the coin or network you need exists only on the other venue. The coin is bought where it already trades, moved across and shorted with a contract on the other — that locks the price while the transfer runs.

Live numbers

The table above is built from our own market snapshots: USDT pairs, perpetual contracts, P2P ads and currencies, withdrawal networks and the cheapest one. MEXC and Toobit can be compared on facts rather than promises.

What the numbers say

In our scanner MEXC shows P2P in 83 currencies, Toobit in 12. USDT leaves MEXC over 16 networks and Toobit over 10: the wider the choice, the easier a cheap bridge is to find. The spot lists differ by 2.7× — 1,439 USDT pairs on MEXC, 534 on the other side. The longer contract list belongs to MEXC — 1,098 perpetuals, against 371. Moving USDT costs less on MEXC: 0.0001 over AVALANCHE, where Toobit wants 0.10 OPTIMISM.

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

MEXC ↗Toobit ↗

Frequently asked

Toobit 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.MEXC or GateThe two exchanges with the widest coin selection. A look at how they differ when both listings are enormous.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.MEXC or LBankBoth live off coins the top three do not yet carry. A look at how they differ from each other.WEEX or ToobitTwo young derivatives-first venues. A look at what each one is useful for.Toobit vs KrakenChoosing between these two is not a matter of better or worse but of timing. On Toobit a new coin appears within days; on Kraken, after a review — and both of those speeds are what somebody needs.Binance vs ToobitAn all-rounder against a terminal: Binance has the deeper book and wider service set, Toobit the smoother contract trading.Bybit vs MEXCYou go to MEXC for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.How to trade on MEXCThe venue where new coins appear first and the spot maker fee is zero. Here is who benefits from that.Trading on ToobitThe youngest venue in our review: over seven hundred perpetuals, each with an exact funding settlement time — rare on this market.