Home > 11 Best Crypto Futures Trading Platforms of 2025 > 11 Best Crypto Futures Trading Platforms of 2025
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Written by Stephen Wedge
Stephen Wedge, with over 15 years of experience in finance, holds a Master of Science in Finance from Vanderbilt University's Owen Graduate School of Management. He specializes in financial analysis, strategic investment planning, and has a keen interest in the world of cryptocurrencies. With a deep understanding of both traditional and digital financial markets, Stephen offers valuable expertise to investors seeking to navigate the complexities of crypto investments.
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Last Updated on January 31, 2025
This post will compare OKX and MEXC, two prominent exchanges known for their diverse offerings and competitive features.
OKX boasts a solid reputation with a large user base and advanced trading tools, while MEXC has gained popularity for its wide range of supported assets and innovative features.
We’ll dive into critical aspects like trading fees, security, and user experience to help you better decide which exchange suits your crypto trading needs.
Our 2025's Recommendation 5/5 |
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Feature | OKX | MEXC |
---|---|---|
Founded | 2017 | 2018 |
Headquarters | Seychelles | Singapore |
Supported Cryptocurrencies | 350+ | 1,400+ |
Spot Trading Fees | Maker: 0.08%, Taker: 0.10% | Maker: 0.02%, Taker: 0.06% |
Futures Trading Fees | Maker: 0.02%, Taker: 0.05% | Maker: 0.02%, Taker: 0.06% |
Maximum Leverage | 125x | 200x |
Deposit Methods | Crypto, Bank Transfer, Credit Card | Crypto, Bank Transfer, Credit Card |
Fiat Currencies | 30+ | 100+ |
Mobile App | Available for iOS and Android | Available for iOS and Android |
OKX was established in 2017 by Star Xu. You’ll find it offers a comprehensive range of trading products and services.
MEXC, founded in 2018 by John Chen Ju, provides a wider selection of cryptocurrencies. You can access a larger variety of altcoins on this platform.
Botbroaderhanges supports spot and futures trading. You’ll more extensiveMEXC offers higher maximum leverage, which can appeal to experienced traders.
OKX has slightly lower taker fees for spot trading, while MEXC edges out in maker fees. For futures trading, OKX has a slight advantage in taker fees.
You can deposit funds using various platforms, including cryptocurrencies, bank transfers, and credit cards.
OKX and MEXC offer a wide range of cryptocurrency products and services. Both exchanges provide spot trading, allowing you to buy and sell digital assets directly.
For derivatives, OKX gives you access to futures, options, and perpetual swaps. MEXC also offers futures trading but lacks options.
Leveraged tokens are available on both platforms, amplifying potential gains (and losses) without managing complex positions.
OKX stands out with its NFT marketplace, where you can buy, sell, and trade digital collectibles. MEXC currently doesn’t have this feature.
Both exchanges offer staking services, allowing you to earn passive income on your crypto holdings. OKX provides a wider selection of staking options.
MEXC excels in listing new and niche tokens, often among the broader to offer to trade for emerging projects. OKX tends to focus on more established cryptocurrencies.
OKX’s user interface is more sophisticated and caters to experienced traders. MEXC’s platform is more straightforward and more beginner-friendly.
Here’s a quick comparison table:
Feature | OKX | MEXC |
---|---|---|
Spot Trading | ✓ | ✓ |
Futures | ✓ | ✓ |
Options | ✓ | ✗ |
Leveraged Tokens | ✓ | ✓ |
NFT Marketplace | ✓ | ✗ |
Staking | ✓ | ✓ |
New Token Listings | Moderate | High |
Both exchanges offer mobile apps for iOS and Android, enabling you to trade on the go.
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OKX and MEXC offer a variety of contract types for cryptocurrency trading. Both exchanges provide perpetual futures contracts, allowing you to trade without expiration dates.
OKX features inverse perpetual contracts, denominating profits and losses in the cryptocurrency. Linear perpetual agreements are also available, with settlements in stablecoins like USDT.
MEXC offers similar options, including USD-M futures contracts settled in USDT. These provide a straightforward way to speculate on crypto price movements.
For traditional futures, OKX provides inverse futures contracts with set expiration dates. MEXC counters with COIN-M futures, where the underlying asset is the cryptocurrency.
Options trading is available on OKX, giving you the right to buy or sell at a predetermined price. This offers flexibility in your trading strategies.
Key differences:
Consider your trading goals and experience when choosing between these platforms. OKX may suit advanced traders seeking diverse instruments, while MEXC offers a more focused selection of popular contract types.
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OKX offers a robust selection of cryptocurrencies for trading. On their platform, you can access over 400 digital currencies and more than 796 trading pairs. This wide range caters to both popular and niche cryptocurrency interests.
MEXC takes the lead in cryptocurrency variety. The exchange supports an impressive 1700+ coins and over 2000 trading pairs. This extensive selection gives you more options for diversifying your portfolio and exploring lesser-known altcoins.
For futures and leverage trading, both platforms provide ample choices. OKX features popular pairs like BTC/USDT, ETH/USDT, and SOL/USDT for futures trading. MEXC also offers these significant pairs and a broader selection of altcoin futures.
Here’s a quick comparison of supportedsignificanttocurrencies:
Exchange | Total Cryptocurrencies | Trading Pairs |
---|---|---|
OKX | 400+ | 796+ |
MEXC | 1700+ | 2000+ |
All major cryptocurrencies like Bitcoin, Ethereum, and Litecoin are on both platforms. However, if you’re interested in trading various altcoins, MEXC’s larger selection may better suit your needs.
Remember to research any new or unfamiliar cryptocurrency more or extensive ore trading, regardless of your chosen platform.
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OKX and MEXC offer leverage and margin trading options to amplify your potential returns. These features allow you to open more prominent positions with a smaller initial investment.
On OKX, you can access up to 100x leverage for futures trading. You can control $100 worth of assets with just $1 of your capital. MEXC offers even higher leverage, with up to 125x available on some trading pairs.
Margin requirements vary based on the asset and leverage used. Generally, higher leverage requires a more significant margin to maintain your position. Both exchanges use a tiered system, with lower leverage tiers having more relaxed requirements.
Liquidation risks:
Funding rates on both platforms are calculated every 8 hours. These rates can be positive or negative, affecting the cost of holding leveraged positions over time.
Key differences:
Remember, while leverage can amplify gains, it also increases potential losses. Always trade responsibly and understand the risks involved.
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OKX and MEXC offer competitive fee structures for futures trading, but critical differences exist.
OKX charges 0.02% maker and 0.05% taker fees for futures trading. MEXC, on the other hand, offers lower fees at 0.02% for both maker and taker orders.
For example, if you place a $10,000 futures order on OKX as a taker, you’ll pay $5 in fees. The same order on MEXC would cost you $2.
Both exchanges provide fee discounts based on trading volume andexacten holdings. OKX offers up to 20% off fees for holding their native OKB token. MEXC provides similar discounts for MX token holders.
Withdrawal fees vary by cryptocurrency. OKX generally has higher withdrawal fees than MEXC. For instance, Bitcoin withdrawals cost 0.0005 BTC on OKX, while MEXC charges 0.0004 BTC.
MEXC stands out with its zero-fee deposit policy across all supported cryptocurrencies. OKX, however, may charge small deposit fees for some tokens.
Both exchanges run regular trading competitions and offer rewards to incentivize active traders. These can include fee rebates, bonus tokens, and exclusive NFTs.
When choosing between OKX and MEXC for futures trading, consider your trading volume, preferred cryptocurrencies, and potential for qualifying VIP tiers to maximize profitability.
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OKX and MEXC offer various deposit and withdrawal options to suit your needs. Both exchanges support transfers of major cryptocurrencies like Bitcoin and Ethereum.
OKX provides bank transfers, credit/designificantards, and popular e-wallets as fiat deposit methods. You can withdraw fiat via bank transfer or to supported e-wallets.
MEXC accepts fiat deposits through credit/debit cards and select regional payment providers. Fiat withdrawals are limited to bank transfers on MEXC.
For crypto transactions, OKX charges lower withdrawal fees. Bitcoin withdrawals cost 0.0001 BTC on OKX compared to 0.0002 BTC on MEXC.
Processing times vary by method:
• Crypto deposits: Near-instant on both
• Fiat deposits: 1-3 business days for bank transfers
• Crypto withdrawals: 10-30 minutes typically
• Fiat withdrawals: 1-5 business days
Minimum deposit and withdrawal amounts differ by currency and payment method. Check each exchange’s fee schedule for specifics.
OKX offers slightly more fiat options overall. However, depending on your location, MEXC may have advantages for certain regional payment methods.
Consider available currencies specifically and processing times when choosing between OKX and MEXC for your deposit and withdrawal needs.
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OKX and MEXC have native tokens, offering unique benefits to holders within their respective ecosystems.
OKX’s native token is called OKB. It provides holders with several advantages on the platform:
• Reduced trading fees
• Access to exclusive token sales and projects
• Voting rights on platform decisions
• Ability to earn passive income through staking
MEXC’s native token is MX. It offers similar perks to users:
• Trading fee discounts
• Priority access to new listings and events
• Governance participation in MEXC’s DAO
• Rewards for holding and staking MX
You can use these tokens to optimize your trading experience on each platform. By holding OKB or MX, you’ll enjoy lower costs and expanded opportunities.
The discount rates and benefits may vary, so check each exchange for current details. Remember that native token values can fluctuate, impacting the overall value of these perks.
Consider your trading volume and goals when acquiring and using these native tokens. For frequent traders, the fee savings could be substantial over time.
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OKX and MEXC have different approaches to Know Your Customer (KYC) requirements and limits, impacting your trading experience.
OKX implements a tiered KYC system. Level 1 requires basic personal information and allows limited functionality—level 2 demands government-issued ID verification, increasing your deposit and withdrawal limits. Level 3 involves additional documentation for higher limits and full platform access.
MEXC offers a more relaxed KYC policy. You can trade without KYC verification, enjoying a daily withdrawal limit of 20 BTC (approximately $400,000). This high limit means most users won’t need to complete KYC unless they’re handling large volumes.
For OKX, KYC completion is necessary to access all features and higher limits. MEXC provides more flexibility, allowing you to trade with minimal personal information disclosure.
Document requirements for OKX include:
MEXC’s optional KYC process typically requests:
OKX’s stricter KYC policy may offer enhanced security but potentially reduce accessibility. MEXC’s approach prioritizes user privacy and ease of access, though it may have limitations for high-volume traders.
Consider your trading needs and privacy preferences when choosing between these exchanges. OKX suits those prioritizing regulatory compliance, while MEXC caters to users valuing privacy and quick onboarding.
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OKX offers a sleek and intuitive interface for both web and mobile platforms. The layout is easy to navigate, with clearly labeled sections for different trading options. To know more, check this OKX futures trading tutorial.
MEXC’s user interface is straightforward and user-friendly. The platform’s design focuses on simplicity, making it accessible for beginners while still offering advanced features for experienced traders. To know more, check this MEXC futures trading tutorial.
Both exchanges provide mobile apps for iOS and Android devices. OKX’s app mirrors its web interface, ensuring a consistent platform experience. MEXC’s mobile app is well-optimized, allowing you to trade on the go easily.
Critical features of OKX’s user experience:
MEXC’s standout user experience elements:
Trading speed is crucial for both platforms. OKX and MEXC offer fast order execution and real-time updates on market movements.
You’ll find that both exchanges support multiple languages, catering to a global user base. This feature enhances accessibility for non-English speakers.
While both platforms are user-friendly, MEXC’s interface may be slightly more approachable for newcomers to cryptocurrency trading. OKX, on the other hand, provides more advanced tools that experienced traders might appreciate.
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Both OKX and MEXC prioritize user security through robust measures. MEXC boasts an AA rating with an 86.50% security score, while OKX holds an A rating with 81.80%.
MEXC implements multi-signature wallets, cold storage, and two-factor authentication (2FA) to protect user funds. Their risk control system monitors transactions in real time to detect suspicious activity.
OKX utilizes similar security features, including cold storage for most user assets and mandatory 2FA. They also offer an account security fund to compensate users in case of breaches.
Neither exchange has reported major security incidents recently. However, OKX (formerly OKEx) faced criticism in 2020 when it suspended withdrawals due to an unavailable private key holder.
MEXC’s higher security rating suggests slightly better overall protection. Both platforms conduct regular security audits and offer insurance funds to cover potential losses.
You should enable all available security features on either platform to maximize your account protection. This includes using strong, unique passwords and activating additional verification methods.
Remember to store large amounts of crypto in personal wallets for added security. While both exchanges have robust measures, self-custody remains the safest option for long-term holdings.
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Both OKX and MEXC offer insurance funds to protect traders against unexpected losses. These funds act as a safety net in volatile market conditions.
OKX maintains a substantial insurance fund to cover potential losses from liquidations. This fund helps ensure traders’ positions are not forcibly closed during extreme market fluctuations.
MEXC also provides an insurance fund, though details about its size are less readily available. The exchange uses this fund to safeguard users against losses due to system failures or market volatility.
Neither exchange guarantees full coverage of all potential losses. The insurance funds are designed to mitigate risks, not eliminate them.
It’s important to note that these funds do not replace personal responsibility in managing your trades and investments. You should always exercise caution and use proper risk management strategies.
When choosing between OKX and MEXC, consider the size and transparency of their insurance funds. OKX generally provides more detailed information about its fund’s status and usage.
Remember that insurance funds are just one aspect of exchange security. You should also evaluate other factors like overall platform stability, security measures, and regulatory compliance when deciding.
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When comparing OKX and MEXC, customer support is a crucial factor to consider. Both exchanges offer support channels to assist users with their queries and issues.
MEXC provides a comprehensive customer service center. You’ll find a list of Frequently Asked Questions (FAQs) that cover many common topics. For quick assistance, MEXC offers a chatbot to help with basic inquiries.
If you need more personalized help, MEXC has a live chat feature. This allows you to connect with a support representative for more complex issues directly.
OKX also offers multiple support options. Their help center includes detailed guides and FAQs to help you navigate common problems. For direct assistance, OKX provides email support and a ticket system.
Both exchanges aim to provide 24/7 customer support, recognizing the round-the-clock nature of cryptocurrency trading. Response times may vary depending on the complexity of your issue and current support volume.
It’s worth noting that user experiences with customer support can differ. Some traders report faster response times with MEXC, while others praise OKX’s detailed solutions.
When choosing between OKX and MEXC, consider your preferred support methods and the specific assistance you may need for your trading activities.
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OKX and MEXC operate in the complex world of cryptocurrency regulation, striving to meet legal requirements across various jurisdictions.
OKX holds licenses in several countries, including Dubai and Malta. The exchange has obtained a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA).
MEXC has secured licenses in multiple regions, including Australia and Canada. The platform is registered as a Money Services Business with FINTRAC in Canada.
Both exchanges implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to comply with global standards. You’ll need to verify your identity when using either platform.
OKX has faced regulatory challenges in some markets. 2021 the exchange had to suspend user services in certain jurisdictions due to compliance issues.
MEXC has also encountered regulatory scrutiny. The platform has had to adjust its operations in specific countries to align with local regulations.
Neither exchange is currently regulated in the United States, which may limit options for U.S.-based users.
Both OKX and MEXC regularly undergo security audits to ensure the safety of user funds. These audits help maintain compliance with industry standards and build trust among users.
As the regulatory landscape evolves, you can expect both exchanges to continue adapting their practices to meet new requirements and maintain global operations.
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OKX and MEXC offer unique benefits for different traders.
OKX is ideal for experienced traders seeking advanced features and high liquidity, making it perfect for large trades and complex strategies.
MEXC excels in its fee structure, especially for frequent spot traders, with zero-fee trading significantly reducing costs.
Beginners will find OKX’s user-friendly interface and educational resources helpful, providing a more effortless learning experience.
Altcoin enthusiasts can explore MEXC’s vast selection of over 1,700 coins, offering access to niche markets.
Choose OKX for top-notch security or MEXC if you prioritize low fees and a wide range of altcoins. Your choice depends on your trading style, experience, and goals.
Our 2025's Recommendation 5/5 |
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Compare OKX and MEXC with other major exchanges
Stephen Wedge, with over 15 years of experience in finance, holds a Master of Science in Finance from Vanderbilt University's Owen Graduate School of Management. He specializes in financial analysis, strategic investment planning, and has a keen interest in the world of cryptocurrencies. With a deep understanding of both traditional and digital financial markets, Stephen offers valuable expertise to investors seeking to navigate the complexities of crypto investments.
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