Binance vs OKX

Binance and OKX are both centralized exchanges that cover spot trading, futures, options and staking. The main difference sits in spot fees and breadth: Binance charges the same low rate whether you add or remove liquidity, while OKX asks more per spot trade. Binance also carries a wider range of coins and features.

Binance vs OKX

Category	BBinance8.9/10	OOKX7.8/10
Overview
CryptoWinRate score	8.9/10 (higher)	7.8/10
Founded	2017	2017
Headquarters	Cayman Islands	Seychelles
Founder	Changpeng Zhao	Star Xu
CEO	Richard Teng	Star Xu
KYC	Required	Required
MiCA licence	No	No
EU platform	—	Via OKX EU
Availability
Available in your country	—	—
Restricted countries	35 countries	49 countries
Deposits and withdrawals
Deposit methods	8 methods	8 methods
Withdrawal methods	5 methods	9 methods
24-hour withdrawal limitKYC 0	—	< $10,000
24-hour withdrawal limitKYC 1	$2,000,000	> $10,000
24-hour withdrawal limitKYC 2	$8,000,000	$1,000,000
24-hour withdrawal limitKYC 3	—	Upto 500 BTC
Trading fees
Spot maker fee	0.1% (lower)	0.2%
Spot taker fee	0.1% (lower)	0.35%
Futures maker fee	0.02%	0.02%
Futures taker fee	0.05%	0.05%
Options feesmaker/taker	0.024% / 0.024% (lower)	0.03% / 0.03%
Coins and markets
Spot assetscrypto	507 (higher)	299
Futures contractscrypto	602 (higher)	514
Options assets	8 (higher)	4
Stocks	172	—
ETFs	35	—
FX pairs	1	—
Commodities	8	—
Leverage and margin
Max leverage	150×	125×
Spot margin	10×	—
Features
Spot	Yes	Yes
Futures	Yes	Yes
Options	Yes	Yes
Prediction Markets	Yes	Yes
P2P	Yes	Yes
Demo Trading	Yes	Yes
Copy Trading	Yes	Yes
Trading Bots	Yes	No
Loans	Yes	No
Lending	Yes	No
Staking	Yes	Yes
Debit card	Yes	No
Security
Proof of reserves	YesAttestation ↗	YesAttestation ↗
Cold storage	Yes	Yes
Two-factor authentication	Yes	Yes
Withdrawal address whitelist	Yes	Yes
Anti-phishing passphrase	Yes	Yes
Reported hacks	YesSource ↗	YesSource ↗
Sign-up bonus
Bonus	—	100 USDT
Fee discount	—	10%
	Visit Binance ↗Read review →	Visit OKX ↗Read review →

Availability in your country is checked live against each exchange's restricted-country list.

Who should choose Binance

Binance suits an active spot trader who wants the lowest running cost, since its maker and taker fees are both 0.1%, flat regardless of order type. It carries 507 spot coins and 525 futures coins, so there is more to trade. If you want extras, it adds a debit card, lending, loans, trading bots and tokenized stocks at 172. Max leverage reaches 150x for those who want it. KYC is required.

Who should choose OKX

OKX works for someone who trades mostly futures and wants a tighter, focused platform. Futures fees match Binance at 0.02% maker and 0.05% taker, across 514 contracts on 485 coins. It offers copy trading, demo trading, staking and options on 4 coins. Its spot fees are higher, at 0.2% maker and 0.35% taker, so frequent spot trading costs more here. Max leverage is 125x, and KYC is required.

Verdict

Pick Binance if you trade spot often or want the widest choice of coins and features, since its flat 0.1% spot fee keeps costs down. Choose OKX if your focus is futures on a leaner platform, where the fees match and the contract lineup is deep enough.