United States
United Kingdom
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Netherlands
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United Arab Emirates
Canada
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Portugal
CyprusOKX vs Binance
What each one charges, who licenses it, and how they rank against each other country by country.
The short version
The United Arab Emirates is the one country where we rank both for crypto, and Binance comes out ahead there.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
On the one fee we could check for both, Binance is cheaper.
- Binance is cheaper for crypto trades (standard taker fee): 0.1%, compared with 0.35% at OKX.Edge: Binance
- We list OKX in 10 of the 14 countries we cover and Binance in 1. They overlap in 1.Edge: OKX
- Binance gets more search attention than OKX (Market Signal 80 vs 63). That tells you how well known it is, not how good it is.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
Crypto exchanges
| Country | OKX | Binance |
|---|---|---|
| United Arab Emirates | #4 of 562/100Locally licensed OKX Middle East Fintech FZE · VARA | #2 of 570/100Locally licensed Binance FZE · VARA |
| Australia | #5 of 762/100Foreign licence OKX Australia Pty Ltd · AUSTRAC | Not listed |
| Austria | #12 of 2162/100EU passport OKX Europe Limited · MFSA | Not listed |
| Croatia | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
| Cyprus | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
| Germany | #12 of 2162/100EU passport OKX Europe Limited · MFSA | Not listed |
| Italy | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
| Netherlands | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
| Portugal | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
| Spain | #12 of 1962/100EU passport OKX Europe Limited · MFSA | Not listed |
Fees and features side by side
| OKX | Binance | |
|---|---|---|
| Products | Crypto, Futures | Crypto, Futures |
| Owner | OKX group | Not verified yet |
| Crypto trading fee | 0.35%, base-tier taker fee on the order book | 0.1%, base-tier taker fee on the order book |
| Inactivity fee | Not verified yet | Not verified yet |
| Withdrawal fee | None | Not verified yet |
| Minimum deposit | AED 10 (OKX Middle East Fintech FZE) | Not verified yet |
| Instruments | Not verified yet | Not verified yet |
| Platforms | OKX app, TradingView | Not verified yet |
| Deposit methods | SEPA, Visa, Mastercard, Bank transfer | Bank card |
| Withdrawal time (stated) | SEPA: instant to 2 business days | Not verified yet |
| Demo account | Yes | Not verified yet |
| Support | live chat | live chat · 24/7 |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (OKX, Binance).
Licences
OKX vs Binance: common questions
Which is better, OKX or Binance?
The United Arab Emirates is the one country where we rank both for crypto, and Binance comes out ahead there. For reference, OKX's best ranking is #4 of 5 crypto exchanges in the United Arab Emirates, and Binance's best ranking is #2 of 5 crypto exchanges in the United Arab Emirates.
Is OKX cheaper than Binance?
Binance is cheaper for crypto trades (standard taker fee): 0.1%, compared with 0.35% at OKX.
Can I use both OKX and Binance where I live?
We list OKX in 10 of the 14 countries we cover and Binance in 1. They overlap in 1. For crypto, you'll find both on our lists in United Arab Emirates.