Coinbench's pick for active traders · NZ & AU

Thousands of coins.
Near-zero fees.
One exchange: MEXC.

If you actively trade — chasing early altcoins, watching fees, running futures — MEXC is the venue we keep coming back to. Here's an honest look at why, what it costs, and what to watch out for before you sign up.

Coinbench earns a commission if you open an account and trade through our links — at no extra cost to you. We only recommend MEXC because we rate it for active trading, and we tell you its downsides too. General information only, not financial advice.

40M+
Users worldwide
2,000+
Coins listed
Top 10
Exchange by volume
Monthly
Proof-of-reserves audit
Why MEXC

Built for people who actually trade

MEXC isn't trying to be the safest buy-and-hold app. It's a high-coverage, low-cost venue aimed at active traders and altcoin hunters — and on those terms it's genuinely strong.

Some of the lowest fees anywhere

0% maker fees on spot trading and ultra-low taker and futures fees. For frequent traders, fees are the silent killer of returns — MEXC removes most of them.

0% spot maker · among the cheapest in the industry
🪙

Coins you can't find elsewhere

2,000+ coins and 2,700+ trading pairs, with a reputation for listing new and niche tokens early — ideal if you trade beyond the blue chips.

2,000+ coins · fast new-listing pipeline
📈

Deep liquidity & advanced tools

Top-10 spot volume globally with tight spreads on major pairs, plus perpetual futures, spot margin and pre-market trading for power users. Advanced tools carry real risk — use them deliberately.

Top-10 by volume · derivatives for advanced users
🛡️

Reserves you can verify

Proof-of-reserves is audited monthly by third party Hacken, with reported reserves comfortably above user balances — a meaningful transparency signal for an offshore exchange.

Independent monthly audit
Free tool

How much are fees costing you elsewhere?

Trading fees compound quietly. Enter what you trade in a typical month and see the yearly cost on a standard-fee exchange versus MEXC's 0% spot maker fees.

Fee savings calculator

Indicative spot-trading costs for comparison only.

NZ$
Indicative fees you'd save per year
NZ$600.00
Annual volumeNZ$60,000.00
Fees elsewhere (per year)NZ$600.00
Fees on MEXC (0% spot maker)NZ$0.00

Indicative only. 0% applies to spot maker orders on most pairs; taker, futures, withdrawal and currency-conversion costs differ. Always check MEXC's live fee schedule.

Get started

Up and running in three steps

The whole thing takes about ten minutes. Do step 2 properly — most withdrawal headaches come from skipped or incomplete identity verification.

1

Create your account

Sign up with an email or phone number. Set a strong password and turn on two-factor authentication straight away.

2

Verify your identity (KYC)

Complete identity verification before you deposit. It's required to withdraw smoothly and avoids the frozen-funds complaints you'll read about.

3

Fund & trade

Deposit crypto (or fiat where supported), then trade spot at 0% maker fees. Start small while you learn the platform.

Open my MEXC account →
Be informed

What to know before you sign up

We'd rather you go in clear-eyed. Here's the honest side most affiliate sites leave off.

  • It's an offshore exchange. MEXC operates from the Seychelles and is not registered with New Zealand's FMA or licensed by Australia's regulators. You won't have the same local protections you'd get from a NZ- or AU-registered provider.
  • Crypto is volatile and high-risk. Prices can move sharply and you can lose some or all of what you put in. Only trade money you can genuinely afford to lose.
  • Complete your KYC. Most frozen-withdrawal complaints trace back to incomplete identity verification or breaching the terms. Verify fully before depositing.
  • Leverage and futures can wipe you out. MEXC offers very high-leverage derivatives. These are for experienced traders only — they are not a shortcut and can lose more than your initial margin.
  • This isn't advice. Coinbench gives general information, not personalised financial advice. Do your own research, and consider speaking to a licensed adviser about your situation.

Ready to trade on your terms?

Lowest-in-class fees, thousands of coins, and reserves you can verify — with the risks laid out plainly.

Open a MEXC account →