Understanding trading fees is crucial for any trader aiming to maximize profits and minimize costs. Whether you're engaging in spot trading, futures contracts, or high-frequency orders, knowing how fees are structured can significantly impact your overall performance. This guide breaks down the MEXC trading fees system comprehensively, covering maker and taker rates, MX token benefits, and how to optimize your trading costs.
What Are Maker and Taker Fees?
Cryptocurrency exchanges like MEXC typically classify traders as either makers or takers, based on how their orders interact with the order book. This distinction directly affects the fees you pay.
🟢 Maker Orders
A maker order is one that adds liquidity to the market. These are limit orders placed at a price different from the current market rate, meaning they don’t execute immediately but instead wait on the order book until matched.
👉 Discover how low-fee trading boosts your long-term returns
Example:
If the current lowest sell price for BTC is 100 USDT, and you place a buy order at 99 USDT, your order waits in the bid queue. Since it doesn’t fill instantly, it "makes" liquidity — hence, you're a maker. When the order eventually executes, you’ll be charged the maker fee.
MEXC offers competitive maker fees, often starting as low as 0.1%, though this can vary depending on your trading volume and user tier.
🔴 Taker Orders
A taker order removes liquidity by matching immediately with an existing order on the book. Market orders or aggressive limit orders usually fall into this category.
Example:
With the best available sell price at 100 USDT, placing a market buy order at 100 USDT results in instant execution. Because your trade takes liquidity from the market, you’re classified as a taker and will incur the taker fee.
Taker fees on MEXC typically start at 0.1%, aligning with industry standards for major exchanges.
💡 Pro Tip: Traders who use limit orders strategically can reduce costs over time by consistently qualifying as makers.
How Holding MX Tokens Reduces Trading Fees
The MEXC Global platform has its native utility token — MX — which plays a central role in reducing trading costs. There are two primary ways MX holders can benefit: MX Staking (Holdings) and MX Fee Deduction.
✅ MX Staking Benefits (Holdings)
By holding MX in your spot wallet, you can qualify for zero-fee trading under certain conditions:
- Your 24-hour average MX spot holdings must meet or exceed a threshold (currently 1,000 MX).
- The platform performs three random snapshots daily to calculate your average balance. The lowest of these three determines eligibility.
- If you meet the requirement, 0% trading fees on both spot and futures markets apply starting the next day at 00:00 UTC+8.
- Benefits are applied separately to main and sub-accounts — they cannot be combined.
- You cannot use both staking discounts and MX deduction simultaneously; the system automatically applies the better deal.
⚠️ Note: Not all trading pairs are eligible for this discount. Check the official fee schedule for full details.
Holding MX not only reduces fees but also grants access to exclusive events, token sales, and additional rewards.
✅ MX Fee Deduction Program
Alternatively, users can enable MX fee deduction, allowing them to pay trading fees directly in MX at a discounted rate — often effectively 0% when sufficient MX is available.
Spot Fee Deduction
- Enable MX deduction in settings.
- Fees are automatically deducted in MX during spot trades.
- Must have enough MX in your spot wallet.
Futures (Contract) Fee Deduction
- Transfer MX into your futures wallet.
- Once enabled, fees from perpetual or futures contracts will be paid in MX.
- Requires pre-funding the contract account with MX.
Both methods offer substantial savings, especially for active traders. However, remember:
- You cannot stack staking and deduction benefits.
- The system prioritizes the most favorable rate.
- Some trading pairs may exclude MX deduction — always verify eligibility.
👉 See how top traders cut costs using smart fee strategies
Frequently Asked Questions (FAQ)
Q1: What’s the difference between a maker and a taker?
A maker places an order that adds liquidity (e.g., a limit order that waits), while a taker removes liquidity by executing against an existing order (e.g., a market order). Makers usually enjoy lower fees than takers due to their contribution to market depth.
Q2: Can I use both MX staking and MX deduction together?
No. MEXC does not allow simultaneous use of both programs. If you qualify for 0% fees through staking and have MX deduction enabled, the system will apply whichever gives you the better rate — typically staking if thresholds are met.
Q3: How often are MX snapshots taken?
MEXC takes three random snapshots per day to assess your average MX holdings. The lowest value among these is used to determine whether you meet the threshold for fee discounts the following day.
Q4: Do sub-accounts share MX staking benefits with the main account?
No. Each account — main or sub — is evaluated independently. Sub-account trading volumes and MX holdings do not count toward the main account’s eligibility, and vice versa.
Q5: Are all trading pairs eligible for MX fee discounts?
Not all pairs support MX-based discounts. Certain new or low-volume trading pairs may be excluded from both staking and deduction programs. Always check the updated fee list on MEXC’s official site.
Q6: When do fee discounts take effect after meeting requirements?
Discounts apply from 00:00 UTC+8 the day after you meet the MX holding criteria. There may be slight delays in data processing, so allow some buffer time before expecting changes.
Maximizing Your Trading Efficiency
To get the most out of MEXC’s fee structure:
- Use limit orders whenever possible to qualify as a maker.
- Maintain a consistent MX balance above 1,000 tokens to unlock 0% fees.
- Monitor your snapshot performance and avoid large withdrawals during critical periods.
- Choose between staking and deduction based on your trading frequency and wallet setup.
For high-volume traders, combining strategic order types with MX token utility can lead to massive annual savings — sometimes amounting to thousands in avoided fees.
👉 Learn how switching platforms helped traders reduce fees by up to 90%
Final Thoughts
Trading fees might seem small per transaction, but they accumulate rapidly — especially for active traders. Understanding how MEXC structures its maker/taker model, and leveraging the power of the MX token, gives you control over your cost base.
Whether through staking, deduction, or smart order placement, every decision impacts your bottom line. Take advantage of transparent pricing, optimize your holdings, and ensure every trade works harder for you.
By mastering these mechanics, you position yourself not just as a participant in the market — but as a strategic player in the long-term game of digital asset growth.