Bitget vs MXC: Fees, Coins, Safety Comparison
| Feature | Bitget | MXC |
|---|---|---|
Overall |
2.4 |
3.3 |
1 |
3.2 |
|
2.8 |
2.9 |
|
3.5 |
4.1 |
|
Investment Instruments |
1.7 |
3.8 |
Platforms and Charting Tools |
2.2 |
3.0 |
Deposit and Withdrawal |
1.4 |
3.1 |
Research |
2.7 |
2.7 |
Education |
2.5 |
2.5 |
Support |
3.0 |
3.4 |
Bonuses |
3.5 |
3.9 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs MXC: Pros and Cons
The BitGet crypto exchange provides traders with the opportunity to trade in spot, futures, and cryptocurrency. Cryptocurrency is used exclusively as instruments at the exchange: BTC (₿), LTC (Ł) ETH (Ξ), USDT (₮) and others. Trades are carried out on the crypto exchange’s own platform, which is available as a web terminal and an application for mobile devices. BitGet's fees are lower than its competitors in the market, with maker fees of 0.02% and takers of 0.06%. The commission can also be paid with bonus funds that each BitGet client receives upon registration, verification, and a trading account replenishment. There are no fees for maintaining an account, but a commission is charged upon withdrawal, the amount of which depends on the cryptocurrency in which the withdrawal is made.
The MXC cryptocurrency exchange (MXC.com) has been operating since 2018. The company is registered in Singapore, which is a loyal digital asset jurisdiction. The platform offers clients trading and P2P exchange services. The main specialization of the trading platform is to provide clients with crypto/crypto trading services with currencies such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The undoubted bright side of the platform is access to cryptocurrency ETF funds.
| Bitget | MXC | |
|---|---|---|
| Overall Pros | availability of demo accounts; | 120+ cryptocurrencies for trading; |
| convenient ways to contact the support service; | receive additional income through staking and holding; | |
| a wide range of cryptocurrencies for account replenishment; | an affiliate program with income up to 80% of the deposit of the invited trader. | |
| service of copying trades for receiving passive income; | ||
| ability to reduce commissions using credits earned in the bonus program; | ||
| ability to engage in algorithmic trading; | ||
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | ||
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | commissions of 0.2% per trade; |
| There are no educational materials for novice traders on the exchange website. | withdrawal fees (0.0005 BTC for Bitcoin); | |
| lack of support for fiat currencies for trading; | ||
| no MAM or PAMM accounts; | ||
| mandatory verification. |
Bitget vs MXC: Safety and Regulation
| Regulated By: | Bitget | MXC |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
FSA |
Bitget vs MXC: Trading Conditions
| Trading Conditions | Bitget | MXC |
|---|---|---|
Minimum Deposit |
₮1 |
$1 |
Trading Platforms |
BitGet |
MXC |
Max Leverage (Futures) |
1-125 |
44835 |
Number of Markets |
355+ |
559+ |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
USD, cryptocurrencies |
Bitget vs MXC: Fees
Trading Fees
| Fee | Bitget | MXC |
|---|---|---|
Max Maker |
0.10% |
0.200% |
Max Taker |
0.10% |
0.200% |
Min Maker |
0.10% |
0.16% |
Min Taker |
0.10% |
0.16% |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | Bitget | MXC |
|---|---|---|
Max Maker |
0.0002 |
0.020% |
Max Taker |
0.0006 |
0.060% |
Min Maker |
0.0002 |
0.014% |
Min Taker |
0.0006 |
0.042% |
Non-Trading Fees
| Fee | Bitget | MXC |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0006 BTC |
0.001 BTC |
Inactivity Fee |
No |
No |
Bitget vs MXC: Trading Assets
| Asset Name | Bitget | MXC |
|---|---|---|
Overall |
355+ |
559+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
No |
Crypto ETF |
No |
Yes |
Bitget or MXC: Investment Programs
| Asset Name | Bitget | MXC |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
Holding |
Trading Platforms: MXC or Bitget
| Bitget | MXC | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: MXC or Bitget
| Bitget | MXC | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: MXC or Bitget
| Bitget | MXC | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: MXC or Bitget
| Bitget | MXC | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: MXC or Bitget
| Bitget | MXC | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitget vs MXC: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | MXC |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs MXC: Research
| Research Type | Bitget | MXC |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
Bitget vs MXC: Education
| Education Type | Bitget | MXC |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
MXC vs Bitget: Support
| Support Features | Bitget | MXC |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
No |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
Ticket |
Bitget vs MXC: Crypto Bonuses and Promo
| Promo | Bitget | MXC |
|---|---|---|
Crypto Bonus |
Reward system: Registration (welcome) bonus is $5; Account verification is $3; First deposit bonus is +5% of the deposit amount; the maximum bonus is $100; The first trade is $20; Participation in copying trades is $30. |
Rewards Center |
Affiliate Program |
For each new client who opened a live trading account with BitGet, a stated payout amount is charged. This condition is negotiated with each affiliate individually. A BitGet affiliate can withdraw funds anytime, without restrictions. Also, unique offers are available for participants of the affiliate program such as professional support at any time of the day and corporate gifts. |
MXC.com pays customers up to 80% of the affiliate's replenished amount. |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on MXC
-
Comment
While Mexc's dedication to security is commendable, it does little to offset the frustrations caused by their subpar user interface, inadequate customer support, and limited cryptocurrency selection. As a client, I cannot overlook these significant drawbacks, and I would caution others to carefully consider their options before entrusting their funds to Mexc.
-
Comment
The company has completely lost its position. Until now, it positions itself as a global player, and you conduct your main activities from offshore. The dynamics are obvious, customers are leaving, conditions are getting worse! If the logic is correct, then it would be more correct to withdraw the remaining money from the account and transfer it to another company. At least as a precaution.
-
Comment
Yesterday, after all, they withdrew $200. I didn't hope anymore. Ordered November 10th. Can you still start to restore normal operation? I would like to hope!
-
Comment
I have been trading on MXC since January 2021. Before that, I collaborated with another popular crypto exchange. But at the end of last year, it changed the size of its commission, so I had to look for another site. I mainly work with BTC/USDT and this pair is the most active on MXC. I saw network reviews of disgruntled users who complain about deception by the exchange and even blocking of accounts. Personally, I have not noticed any scams on MXC.com, so I will not believe in libel until I see the violation with my own eyes.
-
Comment
There are many referral links on the network on thematic sites for registering with MXC. Prompted, I opened an account here and got a 10% discount on the first transaction. In general, I liked the site of its crypto exchanger. Everything is clear, several versions are available in different languages, and the choice of contests and bonuses is huge. So far, I only work with crypto on this exchange, but in the future, I plan to invest in ETFs, since today this is a fairly popular topic. The MXC exchange does not take money for making a deposit and the trading commission is fixed, which suits me perfectly.
Top 5 Reviews on Bitget
-
Comment
I like to keep an eye on my crypto on the go, so the Bitget mobile app is pretty important to me. Most of the time it works fine, but sometimes it glitches out, especially when the market's crazy volatile. This can be stressful if you're trying to make a quick trade and the app freezes or something. Also, the charts on the app seem a little basic compared to the desktop platform. Would be nice to have more technical indicators and stuff for serious analysis on the go.
-
Comment
Had a question about a deposit recently and contacted Bitget customer support. They eventually got back to me through email, but it took a few back-and-forth messages to solve the issue. Not sure if that's normal or if I just got unlucky. Would have preferred a live chat option to get things sorted out quicker.
-
Comment
So far, I have no complaints about the operation of the BitGet exchange. Although there is one issue. Deposits to the account are processed quickly, within a few minutes. But withdrawals from the account take over an hour. The support service writes that the withdrawal may depend on blockchain network requests. But in the seven months of cooperation, I have not noticed the BitGet exchange failing to process cryptocurrency withdrawals.
-
Comment
The cryptocurrency exchange BitGet conceals a lot of information - firstly, there is no mention of its location anywhere, and secondly, everything on it is very sluggish. The registration process itself will drain so much energy and nerves that you won't want anything afterwards. The cryptocurrency exchange is not fully developed yet; it is still in the process of being improved, and it's unclear when it will be possible to trade properly on it. In general, don't waste your energy, don't register on BitGet!
-
Comment
The BitGet platform keeps freezing! Both a web platform and a mobile application. I wrote to BitGet support many times with a request to correct the errors, but no one did anything. Therefore, I had to close my account and leave this exchange. It is impossible to trade when the “sell, buy, trade” buttons turn off and become inactive when clicked.
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FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.