Binance vs OKX
Binance scores higher overall (9.2/10 versus 8/10). That is not true across the board: OKX still scores better on support, so pick by the criterion that matters to you rather than the headline number.
Binance
Founded 2017 · Cayman Islands / Dubai
OKX
Founded 2017 · Seychelles
What actually differs between Binance and OKX
Spot trading fees
OKX charges 0.08% versus 0.1% at Binance — a 0.020 percentage point difference, or about $2.00 per $10,000 traded.
Fiat currencies
Both support USD, EUR, TRY. Binance adds GBP, AUD.
Score breakdown
| Feature | Binance | OKX |
|---|---|---|
| Spot fee | 0.1% / 0.1% | 0.08% / 0.1% |
| Futures fee | 0.02% / 0.05% | 0.02% / 0.05% |
| KYC | Required | Required |
| Max leverage | 125x | 125x |
| Founded | 2017 | 2017 |
| Headquarters | Cayman Islands / Dubai | Seychelles |
| Fiat support | USD, EUR, TRY, GBP, AUD | USD, EUR, TRY |
| Languages | 40 | 15 |
| Mobile rating | 4.7/5 | 4.5/5 |
Pros: Binance
- ✓Highest liquidity globally
- ✓Most comprehensive feature set
- ✓Lowest trading fees
- ✓BNB ecosystem benefits
Cons: Binance
- ✗Complex UI for beginners
- ✗Regulatory issues in some countries
- ✗Customer support can be slow
Pros: OKX
- ✓Strong DeFi integration
- ✓Web3 wallet built-in
- ✓Good for trading bots
- ✓Wide range of products
Cons: OKX
- ✗Not available in USA
- ✗Complex for beginners
- ✗Support can be slow
Binance vs OKX: common questions
Is Binance cheaper than OKX?
On spot trading, OKX lists the lower headline fee: 0.08% / 0.1% against 0.1% / 0.1%. Futures rates differ separately (Binance 0.02% / 0.05%, OKX 0.02% / 0.05%).
Do Binance and OKX require identity verification?
Binance lists KYC as "Required" and OKX lists it as "Required". Requirements also vary by country and by what you want to do — withdrawal limits and fiat deposits usually trigger verification even where trading does not.
Which is safer, Binance or OKX?
In this comparison Binance scores higher on security (9/10 versus 8/10). These are relative scores, not a guarantee: no exchange is a substitute for self-custody of funds you are not actively trading.