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Crypto · head to head

MEXC vs Rainbow

MEXC logo

MEXC

Crypto

Your easiest way to crypto

From
Free
Rated
-
Full reviewWebsite
Rainbow logo

Rainbow

Crypto

The fun, simple, and secure Ethereum wallet

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: MEXC the App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers; Rainbow free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees
  • They diverge on capability: MEXC covers Spot Trading, Rainbow covers Ethereum Wallet.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which MEXC and Rainbow actually diverge.

Attributes where MEXC and Rainbow differ
AttributeMEXCRainbow
Pricing modelfreemiumfree
PlatformsWeb, Ios, AndroidIos, Android, Chrome
Founded20182019

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Crypto).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in MEXC

  • Spot Trading
  • Futures Trading
  • ETF Trading
  • Launchpad
  • Staking
  • MX Token
  • Web support

Only in Rainbow

  • Ethereum Wallet
  • NFT Gallery
  • ENS Integration
  • Layer 2 Support
  • Swaps
  • Ethereum
  • Optimism
  • Arbitrum

Both cover

  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

MEXC

  • Exchangesnot Rainbow
  • Tradingnot Rainbow
  • Altcoinsnot Rainbow

Rainbow

  • Walletsnot MEXC
  • Ethereumnot MEXC
  • Mobilenot MEXC

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MEXC

  • The App Store listing (seller Onechain Technology Ltd) states 0% maker fees and 0.01% to 0.04% taker fees that vary by region, meaning the effective trading fee a user pays is not a single published figure but depends on undisclosed regional tiers

Rainbow

  • Free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees

Pricing, plan by plan

MEXC

Free
  • StandardFree
    • Spot trading
    • Futures
    • Launchpad

Rainbow

Free
  • FreeFree
    • Ethereum wallet
    • NFTs
    • ENS

Which should you pick?

Choose MEXC if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want futures trading.
MEXC review

Choose Rainbow if

  • You need ethereum wallet.
  • You want to start without paying.
  • You work on Ios, Android, Chrome.
  • You also want nft gallery.
Rainbow review

Questions people ask

Is MEXC or Rainbow better?
Neither clearly leads. MEXC starts at Free and Rainbow at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MEXC or Rainbow?
MEXC starts at Free and Rainbow at Free.
Does MEXC or Rainbow run on more platforms?
MEXC runs on Web, Ios, Android. Rainbow runs on Ios, Android, Chrome.
Can I use MEXC for free?
Both have a free tier, so you can try either at no cost before committing.
What is MEXC best used for?
MEXC is most often used for exchanges, trading, altcoins. Of those, exchanges and trading are not what Rainbow is typically brought in for.
What can MEXC do that Rainbow cannot?
MEXC covers Spot Trading, Futures Trading, ETF Trading, Launchpad. Rainbow covers Ethereum Wallet, NFT Gallery, ENS Integration, Layer 2 Support. Both handle Ios support, Android support.

Answered from the vendors’ own pages

Rainbow: Is there a premium tier available on Rainbow wallet?

Yes, Rainbow Black is a premium upgrade that offers free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded. The specific cost of Rainbow Black is not disclosed on the homepage.

Source
Rainbow: Does Rainbow offer a rewards program?

Yes, every trade on Rainbow earns RNBW tokens as rewards. However, the homepage does not specify conversion rates or redemption value for the RNBW token.

Source
Rainbow: What is the cost of using the base Rainbow wallet?

The Rainbow wallet app appears to be free to use, with a premium Rainbow Black tier available for additional features. Specific pricing for Rainbow Black is not published on the homepage.

Source
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