Head to head · measured, not copied

Binance vs OKX: the two heavyweights compared

Both are large, licensed in several markets and genuinely capable. The differences are narrow but real.

The short answer

OKX is slightly cheaper for makers at 0.08% against 0.10%. Binance has deeper books and wider coin coverage. Both restrict certain jurisdictions, and both hold real licences rather than operating purely offshore.

BinanceOKX
Founded20172017
RegulationMiCA (EU), VARA (Dubai), Registered/licensed in multiple marketsVARA (Dubai), Registered/licensed in multiple markets
Minimum depositfrom $0from $0
Spot maker / taker0.1% / 0.1%0.08% / 0.1%
We measuredtesting in progress~0.1 USDT BTC/USDT
Max leverageup to 1:125 (crypto derivatives)up to 1:100 (crypto derivatives)
Withdrawal (timed)testing in progresstesting in progress
Wrong forTraders who need direct local-currency rails in a market where Binance has paused fiat services.Anyone wanting leveraged FX on majors (use a forex broker instead).

Where Binance wins

  • Deeper liquidity, so large orders move price less
  • Wider spot listing coverage
  • MiCA registration in the EU
Open Binance → Read the full Binance review

Where OKX wins

  • 0.08% maker fee, 20% cheaper than Binance for patient traders
  • Strong derivatives and on-chain product integration
  • VARA licence in Dubai with registration across multiple markets
Open OKX → Read the full OKX review

What it actually costs

For a maker-heavy trader, OKX saves 0.02% per side. For a taker both charge 0.10%. On $1,000 traded twenty times a month that is a difference of under $10 a year, which should not decide anything on its own.

Published rates are only part of the bill. The spread is paid on both sides and never advertised, and the withdrawal fee is flat per transaction, which punishes small amounts hardest. Run your own volume through the fee calculator before deciding that a difference matters.

Our recommendation

Binance for depth and selection. OKX if you place mostly limit orders and want the slightly lower maker tier.

How we compare venues

Fee rates come from each venue's own published fee page, checked on 16 September 2026. Anything marked we measured was timed or read by us from a funded account, with the session and date recorded. Where we have not measured something ourselves it stays marked testing in progress rather than being filled in with a number copied from a marketing page. Referral links appear on this page and are disclosed on every page; the order of these verdicts is decided before any commission is considered. See our method and disclosure.

Frequently asked

Which is cheaper, Binance or OKX?

For a maker-heavy trader, OKX saves 0.02% per side. For a taker both charge 0.10%. On $1,000 traded twenty times a month that is a difference of under $10 a year, which should not decide anything on its own.

Which is safer, Binance or OKX?

Binance: MiCA (EU), VARA (Dubai), Registered/licensed in multiple markets. OKX: VARA (Dubai), Registered/licensed in multiple markets. A licence does not guarantee good execution, but it does buy recourse: rules about where client money sits, a body that can fine the firm, and in some jurisdictions a compensation scheme. Check which entity actually onboards you rather than the licence in the website footer.

Can I use both Binance and OKX?

Yes, and many active traders do, usually for different jobs: one venue for fiat in and out, another for cheap execution. The cost is operational rather than financial, since capital split across venues is capital you cannot deploy in one place, and every extra account is another place your identity documents live.

Do these fees include everything?

No. Published maker and taker rates exclude the spread, which you pay on both sides and which is never published, and withdrawal fees, which are flat per transaction and set per network. On small positions the withdrawal fee often exceeds the trading fee entirely.

Are these numbers verified?

Fee rates come from each venue published fee page, checked 16 September 2026. Spreads and withdrawal times marked "we measured" were timed by us from funded accounts; anything else is marked testing in progress rather than estimated. We do not publish numbers we have not checked.

Trading is high risk and most retail accounts lose money. This comparison is education, not financial advice, and not a recommendation to open any account.