When you bind through Quant Nova, new users at the no-threshold Lv.1 get a 30% rebate on Binance and 50% on MEXC; trading volume lifts you to SVIP at 35% and 55%, and the invitation-only Supernova tier tops out at 40% and 60%. MEXC already lists lower fees (futures 0.01% maker and 0.04% taker, 0% spot maker), and its rebate is 20 points higher on top of that. Stack the two and the net futures taker fee at Lv.1 is 0.02% on MEXC against 0.035% on Binance, and MEXC is lower in every cell. The common KOL codes you find online mostly pay 20%. MEXC's 50% is 2.5 times that and its 60% maximum is 3 times; Binance's 30%–40% is 1.5–2 times. Binance's edge is not fees but depth, tokenized stocks and the BNB discount. The two codes differ: Binance is NOVA888 and MEXC is mexc-NOVA888.
Quick verdict
- More than double what common KOL codes pay: with mexc-NOVA888, MEXC starts at 50% on Lv.1, 2.5 times a typical 20% code. On 1,000 USDT of monthly fees, a common code returns 200 USDT and MEXC returns 500–600 USDT.
- Rebate rates: Lv.1 → SVIP → Supernova is 30% → 35% → 40% on Binance and 50% → 55% → 60% on MEXC, 20 points more on MEXC at every tier.
- Listed fees: futures 0.02% / 0.05% on Binance vs 0.01% / 0.04% on MEXC; spot 0.10% / 0.10% vs 0% / 0.05%.
- Net futures cost: taker at Lv.1 is 0.035% vs 0.02%, maker 0.014% vs 0.005%. Whatever your taker share, MEXC is cheaper, so there is no break-even point.
- BNB does not close the gap: paying Binance futures fees in BNB takes 10% off, and the top-tier net taker becomes 0.027%, still above MEXC's Lv.1 0.02%.
- Existing accounts: both let you add a code within 30 days of signup. Binance also requires no deposit or trade yet; on MEXC a main account with no referrer can link one itself.
Listed fees: MEXC is lower in every cell
| Trade type (VIP 0) | Binance | MEXC |
|---|---|---|
| Spot maker / taker | 0.10% / 0.10% | 0% / 0.05% |
| Spot with platform token | BNB 25% off → 0.075% / 0.075% | None |
| USDT-M futures maker (standard) | 0.02% | 0.01% |
| USDT-M futures taker (standard) | 0.05% | 0.04% |
| Futures with platform token | BNB 10% off → 0.018% / 0.045% | None |
| BTC / ETH perpetuals (current) | Standard rates | BTC 0% / 0.02%, ETH 0% / 0.01% |
Fees verified 2026-09-24 on each exchange's official fee page; MEXC per-symbol rates rechecked on 2026-09-27 via its official public API · Data sources and method
MEXC futures fees vary by symbol. Per its official public API on 2026-09-27, of about 1,180 perpetual contracts, about 660 carry the standard 0.01% / 0.04% and about 440 charge 0% maker and 0% taker; BTC perpetuals are 0% maker and 0.02% taker, and ETH perpetuals 0% maker and 0.01% taker. The table uses the standard rate most contracts carry. On Binance a regular user's futures taker is 2.5 times the maker; on MEXC it is 4 times, so the more you trade with limit orders, the wider MEXC's price advantage.
The rebate is paid on the fees you actually pay, so comparing the two means comparing net rates after the rebate, not just the percentages. Latest rates are on the official pages: Binance spot fees · Binance futures fees and BNB discount · MEXC fee page.
Rebate rates: MEXC pays 20 points more at every tier
| Item (when bound through Quant Nova) | Binance | MEXC |
|---|---|---|
| Referral code | NOVA888 | mexc-NOVA888 |
| Layer 1 (returned automatically by the exchange) | 20% | 20% |
| Layer 2 (Lv.1 → Lv.5 → SVIP → Supernova) | 10% → 14% → 15% → 20% | 30% → 34% → 35% → 40% |
| Total: Lv.1 (no threshold) | 30% | 50% |
| Total: SVIP (reachable by volume) | 35% | 55% |
| Total: Supernova (invitation only) | 40% | 60% |
| vs a common 20% code | 1.5× → 1.75× → 2× | 2.5× → 2.75× → 3× |
On both exchanges the first 20% comes back automatically from the exchange and Quant Nova settles the second layer by tier; spot and futures rates are the same. Your tier is set by XP, which is simply the fees you paid over the last 30 days; see rebate tiers and XP, and auto vs extra rebate for how the two layers work. NOVA888 is an affiliate code on Binance, so the 12-month futures limit of Referral Pro Tier 0 does not apply. All exchanges' rates are in the rebate rate table.
In money terms: on 1,000 USDT of monthly fees, a common 20% code returns 200 USDT. NOVA888 on Binance returns 300–400 USDT and mexc-NOVA888 on MEXC returns 500–600 USDT. At Lv.1 that is 1,200 USDT a year more than a common code on Binance and 3,600 USDT more on MEXC.
Net cost after rebate: MEXC wins on both taker and maker
| Tier | Binance net maker | Binance net taker | MEXC net maker | MEXC net taker |
|---|---|---|---|---|
| Listed | 0.02% | 0.05% | 0.01% | 0.04% |
| Lv.1 | 0.014% | 0.035% | 0.005% | 0.02% |
| SVIP | 0.013% | 0.0325% | 0.0045% | 0.018% |
| Supernova | 0.012% | 0.03% | 0.004% | 0.016% |
Formula: net rate = listed rate × (1 − rebate rate). For example, Binance Lv.1 taker: 0.05% × (1 − 30%) = 0.035%; MEXC Lv.1 taker: 0.04% × (1 − 50%) = 0.02%; MEXC Supernova maker: 0.01% × (1 − 60%) = 0.004%. At Lv.1, MEXC's net futures taker is about 57% of Binance's, and its net maker is only about a third.
Taker share: no break-even point in this pair
Let your taker share be t. Net rate = [t × taker + (1 − t) × maker] × (1 − rebate rate). At Lv.1, Binance = 0.014% + 0.021% × t and MEXC = 0.005% + 0.015% × t; at the top tier, Binance = 0.012% + 0.018% × t and MEXC = 0.004% + 0.012% × t. MEXC has both the lower starting point and the flatter slope, so it is cheaper from all-maker to all-taker, unlike MEXC vs Gate, where the answer depends on your taker share. With a common 70% taker / 30% maker mix, the blended listed rate is 0.041% on Binance and 0.031% on MEXC; net at Lv.1 is 0.0287% vs 0.0155%, and at the top tier 0.0246% vs 0.0124%.
BNB does not change this. Paying Binance futures fees in BNB takes 10% off, so taker becomes 0.045%: 0.0315% net at Lv.1 and 0.027% at the top tier, still above MEXC's Lv.1 0.02%. A comparison that hits closer to home: MEXC bound to a common 20% code nets 0.04% × 0.80 = 0.032% on taker, 60% more than the 0.02% you pay with mexc-NOVA888.
In money: one trade and one month
One trade: 2,500 USDT margin at 20× leverage
Notional = 2,500 × 20 = 50,000 USDT. Opening as taker costs 50,000 × 0.05% = 25 USDT on Binance and 50,000 × 0.04% = 20 USDT on MEXC. At Lv.1 you net 25 × (1 − 30%) = 17.5 USDT on Binance and 20 × (1 − 50%) = 10 USDT on MEXC; at the top tier, 15 USDT vs 8 USDT. Opening as maker, Binance charges 10 USDT (7 USDT net at Lv.1) and MEXC charges 5 USDT (2.5 USDT net at Lv.1).
500,000 USDT a month, all taker
| How you are bound | Binance returned | Binance net cost | MEXC returned | MEXC net cost |
|---|---|---|---|---|
| Common 20% code | 50 USDT | 200 USDT | 40 USDT | 160 USDT |
| Quant Nova Lv.1 | 75 USDT | 175 USDT | 100 USDT | 100 USDT |
| Quant Nova SVIP | 87.5 USDT | 162.5 USDT | 110 USDT | 90 USDT |
| Quant Nova Supernova | 100 USDT | 150 USDT | 120 USDT | 80 USDT |
Monthly fees: Binance 500,000 × 0.05% = 250 USDT, MEXC 500,000 × 0.04% = 200 USDT. Returned = monthly fees × rebate rate; net cost = monthly fees − returned. At Lv.1, MEXC costs 75 USDT a month less than Binance, or 900 USDT a year. MEXC charges less in fees, yet its Lv.1 payout of 100 USDT beats Binance's 75 USDT because the rate is 20 points higher. More combinations are worked out in effective futures fees after rebate.
BTC and ETH perpetuals: MEXC widens the gap
Everything above uses MEXC's standard rate, but per its official public API on the verification date of 2026-09-27, BTC perpetuals are 0% maker and 0.02% taker, and ETH perpetuals 0% maker and 0.01% taker. After the rebate, BTC taker nets 0.01% at Lv.1 and 0.008% at the top tier, and ETH taker 0.005% and 0.004%. Binance's BTC and ETH perpetuals use standard rates, 0.035% net taker at Lv.1, so MEXC's BTC is under 30% of that and ETH about one-seventh. MEXC also has about 440 contracts at 0% maker and taker; with no fee there is nothing to rebate. These are promotional rates that can change at any time, and each pair's validity period follows MEXC's announcements (see the MEXC 0-fee page). When they end, rates go back to the standard 0.01% / 0.04% and the comparison above still holds.
Spot and platform tokens: even 25% off with BNB trails MEXC
| Tier | Binance net taker | Binance with BNB net taker | MEXC net taker |
|---|---|---|---|
| Lv.1 | 0.07% | 0.0525% | 0.025% |
| SVIP | 0.065% | 0.04875% | 0.0225% |
| Supernova | 0.06% | 0.045% | 0.02% |
Workings: Binance Lv.1 = 0.10% × (1 − 30%) = 0.07%. With the BNB discount the fee first drops to 0.075%, and 30% of that discounted fee comes back, for 0.0525% net. MEXC Lv.1 = 0.05% × (1 − 50%) = 0.025%. On 100,000 USDT of monthly spot taker volume, Binance charges 100 USDT and you net 70 USDT at Lv.1 (52.5 USDT with BNB); MEXC charges 50 USDT and you net 25 USDT. Spot maker on MEXC is already 0%, while Binance with BNB plus the Lv.1 rebate is still 0.0525%. This article does not count any MX token fee discount. Some MEXC spot promotions charge 0%; this article uses the 0.05% most pairs carry, and the order page is authoritative. More spot tactics are in fee rebates for spot investors.
Adding a code and rebinding: both have a 30-day window, with different conditions
| Item | Binance | MEXC |
|---|---|---|
| Add a code after signup | Within 30 days | Within 30 days (self-service linking) |
| Conditions | Main account, no referrer, no deposit or trade yet, KYC not used on another account in the past 180 days | Main account, no referrer yet, referrer signed up before you |
| Change referrer after binding | No | No |
| After the window | No referrer: official re-binding application; existing referrer: close the old account and transfer KYC after 35 days | Sign up again with a new email (up to 2 accounts per identity; if both are used, close one first, which takes up to 15 working days) |
Binance: a main account within 30 days of signup, with no deposit or trade yet, can add NOVA888 as described in Binance's official FAQ. On Binance, add the code before your first deposit; depositing first removes your eligibility. After the window, an account with no referrer can use the official re-binding application, which requires completed KYC, no more than 5,000 USD of trading volume in the 90 days before you submit, and 150,000 USDT of trading volume within 30 days after submitting; an account that already has a referrer can be closed, and 35 days later its KYC moves to a new account registered through our link. Steps are in the Binance rebind guide.
MEXC: within 30 days of signup, a main account with no referrer can add mexc-NOVA888 through self-service linking, with no new account needed; the link cannot be changed afterwards (see MEXC's self-service referrer linking guide). After 30 days, sign up again with a new email through our link. Per the MEXC KYC FAQ, each user may verify up to two accounts; if both are used, close one first, and account closure takes up to 15 working days. Steps are in the MEXC rebind guide.
The MEXC code needs its prefix. Enter NOVA888 on Binance and mexc-NOVA888 on MEXC; NOVA888 alone on MEXC counts as no code. Signing up through our link fills it in for you; details in Binance referral code and MEXC referral code. After signing up or adding the code, submit your UID on Quant Nova. It is reviewed automatically the next day at 16:00 (UTC+8) and passes if you traded the previous day. Rebates are settled daily and every entry can be checked; binding needs only your UID, never an API key or password.
Which one should you pick
- Futures traders who put fees first → MEXC. Lv.1 net taker 0.02% and net maker 0.005%; at 500,000 USDT a month all taker, you pay 75 USDT less than on Binance.
- Mostly BTC and ETH perpetuals → MEXC. Taker is currently 0.02% on BTC and 0.01% on ETH, just 0.01% and 0.005% after the Lv.1 rebate.
- Mostly spot → MEXC. Maker is 0%, and Lv.1 net taker is 0.025%; Binance with BNB is 0.0525%.
- Tokenized stock perpetuals → Binance. We measured 198 TradFi perpetuals on Binance and have not yet measured MEXC; see tokenized stock perpetual fee comparison.
- Your funds already live on Binance, or you hold BNB → bind Binance with NOVA888; Lv.1 alone is 50% more than a common 20% code.
- Want both → bind both; rebates show up in the same dashboard.
Next step: for MEXC, sign up with mexc-NOVA888 via the link in MEXC referral code; for Binance, sign up with NOVA888 via Binance referral code. Accounts under 30 days old can add the code using the Binance rebind guide or the MEXC rebind guide. Once your UID is bound, your next fee starts earning a rebate.
FAQ
Which is cheaper, Binance or MEXC?
MEXC. Listed futures fees are 0.01% / 0.04% vs 0.02% / 0.05%, spot 0% / 0.05% vs 0.10% / 0.10%, and through Quant Nova its rebate is 20 points higher, so the Lv.1 net futures taker is 0.02% vs 0.035%.
What rebate do Binance and MEXC pay?
When bound through Quant Nova, new users at Lv.1 get 30% on Binance and 50% on MEXC; SVIP is 35% and 55%; the invitation-only Supernova tier reaches 40% and 60%. On both, 20% comes back automatically from the exchange and Quant Nova settles the rest by tier.
With the BNB discount, is Binance cheaper than MEXC?
No. BNB brings Binance futures taker to 0.045%, or 0.027% after the top-tier rebate, still above MEXC's Lv.1 0.02%. On spot, BNB plus the Lv.1 rebate is 0.0525%, against 0.025% on MEXC.
What are the referral codes for Binance and MEXC?
Binance is NOVA888 and MEXC is mexc-NOVA888. NOVA888 alone does not work on MEXC; signing up through our link fills in the right code.
I forgot the code at signup. Can I add it on either exchange?
Yes, within 30 days of signup on both. Binance also requires no deposit or trade yet, a main account and no referrer; on MEXC a main account with no referrer can link one itself. After the window, Binance offers the official re-binding application or a KYC transfer, and on MEXC you sign up again with a new email.
On 1,000 USDT of monthly fees, how much comes back on each?
A common 20% code returns 200 USDT. Through Quant Nova, Binance returns 300–400 USDT and MEXC returns 500–600 USDT.
When is Binance the better fit?
When fees are not the only factor: you trade tokenized stock perpetuals (we measured 198 on Binance), your funds are already there, or you hold BNB. Bound with NOVA888, Lv.1 pays 30%, 1.5 times a common 20% code.
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