OKX vs MEXC: the Singapore numbers
MEXC undercuts OKX on spot taker fees (0.05% vs 0.35%). Full OKX vs MEXC breakdown for Singapore, verified against official pages on July 31, 2026.
- Verified
- 31 Jul 2026
- Sources
- Official sources cited
- Market
- Singapore
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- Market
- en-SG / SG
- Page
- comparison
- Updated
- 31 Jul 2026
Referral terms vary by region and account state.
On the numbers both platforms publish, MEXC takes this one for most Singapore users: MEXC undercuts OKX on spot taker fees (0.05% vs 0.35%); MEXC is cheaper on the maker side (0% vs 0.2%); OKX publishes proof-of-reserves attestations. That verdict is mechanical — lower published entry-tier cost and broader published coverage win rows, and ties stay ties. Every figure was re-checked against official pages on July 31, 2026, and the row-level sources are one click away below.
trading bonus
MEXC
- market
- Singapore
Referral terms vary by region and account state.
Open MEXCOKX and its counterpart are lined up on the same published rows below — entry-tier costs, verification, coverage, and local availability — with the winning cell decided by the published number alone, re-checked on July 31, 2026. Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too. Use the availability row first if you are signing up from Singapore: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
 OKX | Spot maker fee: 0.2% · Spot taker fee: 0.35% | OKX trading fee rules FAQ | OKX SG PTE. LTD. is listed on the MAS Financial Institutions Directory as a Major Payment Institution authorised for Digital Payment Token Service and Cross-border Money Transfer Service | Open account |
| MEXCTop pick for Singapore | Spot maker fee: 0% · Spot taker fee: 0.05% | MEXC trading fees | not published | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on July 31, 2026. OKX and its rival keep their source links in the last row, so any cell can be audited in one click before you commit funds — and if a provider stops publishing a value, the row flips to "not published" on the next re-check rather than staying frozen.
| Check | OKX | MEXC |
|---|---|---|
| Spot maker fee | 0.2% | 0% |
| Spot taker fee | 0.35% | 0.05% |
| Futures maker fee | not published | 0% |
| Futures taker fee | not published | 0.02% |
| Deposit methods | Card purchases via Visa, Mastercard and others | not published |
| Proof of reserves | Yes — monthly zk-STARK Proof of Reserves, 1:1 reserve; 44th report (Jun 2026) $22.65B in primary assets | not published |
| Founded | 2013 (as Okcoin; OKEx 2017; rebranded OKX Jan 2022) | not published |
| Availability | accepts Singapore | accepts Singapore |
| Local registration | OKX SG PTE. LTD. is listed on the MAS Financial Institutions Directory as a Major Payment Institution authorised for Digital Payment Token Service and Cross-border Money Transfer Service | not published |
| Official source | OKX trading fee rules FAQ | MEXC trading fees |
Using OKX or MEXC from Singapore
Signing up from Singapore puts OKX and MEXC under a local rulebook, and it is not what the fee table alone tells you. Monetary Authority of Singapore (MAS) oversees retail crypto as a payment service. Payment Services Act licensing: crypto exchanges are licensed payment service providers under the digital payment token service category, typically holding a Major Payment Institution licence. How money actually reaches the order book here: FAST (Fast and Secure Transfers) is the instant Singapore-dollar interbank transfer rail used for exchange deposits. PayNow is the consumer-facing proxy-addressing overlay on FAST, letting users pay via mobile number, NRIC or business number. On tax treatment in this market: IRAS generally treats individuals' gains from buying and selling financial instruments, including digital tokens, as non-taxable personal investments; there is no capital gains tax.
- Which is better: OKX or MEXC?
- For most Singapore users, MEXC — MEXC undercuts OKX on spot taker fees (0.05% vs 0.35%). If your priority is different (coverage, track record, verification rules), the table above shows exactly where each one wins.
- How is crypto regulated in Singapore?
- Monetary Authority of Singapore (MAS) oversees retail crypto as a payment service — Payment Services Act licensing: crypto exchanges are licensed payment service providers under the digital payment token service category, typically holding a Major Payment Institution licence (source: mas.gov.sg).
- How does ChainCosts earn from this page?
- If you open an account through a link here, the provider may pay us a commission. It never changes the price you pay, and it has no input into which cell wins a row — the published numbers decide.
At a glance
Key facts
- Market
- Singapore
- Verified
- 31 Jul 2026
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
ChainCosts may earn a commission if you sign up through a partner link on this page. This never changes the numbers we publish.
Not financial, tax, custody, or investment advice. Verify live terms with the provider before acting.
trading bonus
OKX
- market
- Singapore
Referral terms vary by region and account state.
Open OKXtrading bonus
MEXC
- market
- Singapore
Referral terms vary by region and account state.
Open MEXCRoute fit
Who should use this page
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- Use the partner link only when the destination still matches OKX and the visible terms look acceptable.
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Machine-readable summaryen-SG / SG
- Canonical source
- https://chaincosts.com/en-SG/compare/okx-vs-mexc
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- OKX, MEXC
- Evidence
- 3 cited sources: OKX trading fee rules FAQ, MEXC trading fees, ChainCosts exchange fee checklist
- Partner links
- Partner actions go through ads.chaincosts.com; source links stay direct.
- Not advice
- Informational only. Verify provider terms, eligibility, and fees before acting.
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