An overall comprehensive side-by-side comparison of OKEX vs Binance. OKEX is a popular international cryptocurrency exchange with low fees, high-interest staking opportunities, and easy-to-buy cryptocurrency. But how does this crypto exchange level up against the popular crypto provider, Binance?
OKEX vs Binance – 14 Key Point Quick Overview
- ☑️ OKEX – An Overview
- ☑️ OKEX Safety and Security
- ☑️ Binance – An Overview
- ☑️ Binance Safety and Security
- ☑️ OKEX vs Binance – Overall Comparison
- ☑️ OKEX vs Binance – Security Comparison
- ☑️ OKEX vs Binance – Assets Comparison
- ☑️ OKEX vs Binance – Fees Comparison
- ☑️ OKEX vs Binance – Deposit Option Comparison
- ☑️ OKEX vs Binance – Trading Features Comparison
- ☑️ OKEX vs Binance – Trading Conditions Comparison
- ☑️ Conclusion
- ☑️ Disclaimer
- ☑️ Frequently Asked Questions
OKEX – An Overview
OKEX is a cryptocurrency exchange that gives its users the ability to buy, sell, and trade a variety of crypto assets. Additionally, it allows users to lend and borrow particular cryptocurrencies and provides the opportunity to participate in proof-of-work mining pools in order to earn cryptocurrency as a miner. OKEX provides comprehensive charting, several order types, trading on leverage and futures, as well as trading fees that are competitive. Those who are interested in trading cryptocurrencies have the choice between traditional trading and trading with leverage.
Having said that, even the most fundamental trading option provides users with access to a wide variety of advanced order types, charting, and analytical tools, as well as live order books. Due to the fact that the options included under basic trading were developed with more experienced crypto traders and investors in mind, it is possible for beginners to feel overwhelmed by them. OKEX determines the number of trading fees to charge customers based on a maker-taker fee model, as well as user volume and the total amount of native OKB coin holdings that are stored in a customer’s account.
The pricing is determined by a sliding scale, and customers can receive price reductions as they complete more transactions and accumulate more OKB coins.
OKEX Safety and Security
OKEX is a trading platform that is compatible with VFAA regulations. The company is registered in both Hong Kong and Malta. The Virtual Financial Asset Act, often known as VFAA, is a piece of legislation that falls under the purview of the Malta Financial Services Authority.
In terms of safety, it is one of the most secure cryptocurrency trading platforms in the world. It has never been the victim of a hacking attempt, and as a result, there are no unfavorable evaluations written about it.
Binance – An Overview
Binance is a well-known cryptocurrency exchange that caters to more advanced cryptocurrency traders and investors. It provides a large variety of cryptocurrencies that may be traded on a global scale in addition to reasonably inexpensive trading fees. Due to the extensive variety of trading options and services that it provides, the interface is not especially user-friendly. Binance may present investors with a steep learning curve depending on the level of experience and expertise they bring to the platform.
Binance provides its users with a vast assortment of trading capabilities, which can be accessed through either its desktop or mobile dashboards. These features include access to an incredible range of market charts as well as hundreds of different cryptocurrencies. Users have access to a wide array of trading alternatives, such as futures and options, in addition to a number of different order types. Binance provides its users with a wide range of trading tools, such as real-time charting tools that include moving averages as well as exponential moving averages.
Users have the option of conducting transactions using the Binance mobile app, the Binance website, or the Binance desktop application. The Binance platform also enables users to examine the trade history and portfolios associated with their trading accounts, as well as check the order book and price charts. In addition, Binance enables users to place orders in a number of distinct formats, including stop orders, limit orders, stop-limit orders, stop-market orders, and trailing stop orders. You have the option of selecting various trading perspectives, ranging from the classic view to the margin view and the OTC view.
Binance may have the characteristics you’re searching for if you’re an experienced crypto trader who is keen to explore a variety of tokens and trade alternatives, but it supports a smaller number of cryptocurrencies compared to other platforms.
Binance Safety and Security
Binance is generally considered a safe crypto exchange, although this reputation has suffered due to the hack of the platform which took place in 2019 and resulted in the theft of around 40 million dollars from the platform.
Binance compensated for the losses of its users, and today the platform has geared up its security protocol to provide a safer trading environment.
OKEX vs Binance – Overall Comparison
We spent many hours thoroughly examining the best-in-class cryptocurrency platform for 2025. Here, we take a closer look at OKEX vs. Binance.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 🔃 General comparison | 4/5 | 3/5 |
| ✒️ Regulation | 3/5 | 1/5 |
| 💰 Fees | 4/5 | 4/5 |
| 📍 Trading features | 4/5 | 4/5 |
| 💻 Trading Apps | 4/5 | 4/5 |
| 📈 Analytical Tools | 4/5 | 4/5 |
| ❤️ Beginner friendly | 4/5 | 3/5 |
| 🤝 Trust Score | 93 | 80 |
OKEX vs Binance – Security Comparison
OKEX provides additional security features to assist secure user accounts. These features include private keys being stored in many offline computers and the utilization of a proprietary network communication protocol for the purpose of delivering user data across extensive distances. Binance‘s security features include address whitelisting, device management, two-factor authentication (2FA) through the use of the Google Authenticator app or short messaging service (SMS), and the option to restrict device access.
Even though these protections can help keep user accounts somewhat secure, there is still reason to be concerned about Binance because of its reputation. In general, their security offerings are comparable to those offered by other companies in the sector.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 📌 Trust score | 93 | 80 |
| 📅 Year Founded | 2017 | 2017 |
| 👥 Publicly Traded | ❌ No | ❌ No |
| 📝 Licensed in South Africa | ❌ No | ❌ No |
OKEX vs Binance – Assets Comparison
OKEX offers access to more than 400 crypto coins, while Binance falls somewhat short of this with 80+ crypto coins available.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 💸 Number of currencies | 400+ | 80+ |
| 🪙 Popular coins | BTC XCH ETH OKB OKT LTC DOT ADA DOGE XRP USDT ICP BCH LINK XLM ETC MATIC THETA UNI TRX EOS FIL XMR NEO USDC AAVE SHIB LUNA KSM BSC ATOM IOTA ALGO XTZ CRO MKR BTT CEL LEO WBTC WAVES KLAY DASH XEM COMP SNX ZEC DCR SUSHI SOL EGLD DAI BTG ZEN NANO KISHU | DOGE VET USDT BTC BNB ETH VTHO ADA ONE SOL NEO LINK XLM NANO LTC BUSD HBAR ALGO MANA ZIL ENJ BCH MATIC EGLD HNT EOS QTUM RVN DAI IOTA ONT STORJ UNI ETC BAND OMG XTZ USDC ATOM DASH ICX BAT MKR OXT ZEC ZEN ZRX COMP WAVES KNC REP PAXG FIL WBTC THETA SHIB |
OKEX vs Binance – Fees Comparison
OKEX’s and Binance offer two different pricing structures. OKEX fees for buying and selling cryptocurrency are very low, but the exchange’s pricing structure is convoluted. OKEX offers numerous cost structures because of the variety of trades it facilitates, currencies it accepts, account volumes, and whether or not the user has OKB. OKEX’s standard trading fee is less than 0.10 percent.
Because Binance assesses a cost of 0.10 percent for trading on the platform and a fee of 0.50 percent for Instant Buy/Sell, the total amount that you will be charged for fees is proportional to the value of the trade. The fee will be increased proportionately to the value of the transaction. Keeping some Binance Coin in your account at all times so that the fees associated with trading can be deducted from that balance is one strategy to reduce the cost of trading. When you do this, you will receive a discount of 25 percent on all of the trading fees.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 💸 Fees for takers | 0.10% | 0.1% per spot trade |
| 💰 Fees for makers | 0.08% | 0.1% per spot trade |
OKEX vs Binance – Deposit Option Comparison
Both OKEX and Binance make popular deposit options available including MasterCard, and Paypal, and in the case of Binance, the option of Credit Cards is additionally offered.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 💰 Deposit fees | No | No |
| 💳 MasterCard | ☑️ Yes | ☑️ Yes |
| 💻 PayPal | ✅ Yes | ✅ Yes |
| 💴 Skrill | No | No |
| 💵 SoFort | No | No |
| 💶 Credit card | No | ☑️ Yes |
| 💷 Apple Pay | No | No |
| 🖥️ Amazon | No | No |
| 💸 Minimum Deposit | 10 USDT | None |
OKEX vs Binance – Trading Features Comparison
OKEX‘s “Buy Coins” interface, available on both mobile and desktop, makes it easy to purchase cryptocurrency via a variety of different payment methods, including a linked bank account, debit card, credit card, and so on. Those who are interested in trading cryptocurrencies can do so in two ways: with or without the use of leverage. However, even the bare-bones trading plan provides a wealth of complex order types, charting and analysis tools, and access to real-time order books.
Some of the options under “Basic Trading” may seem daunting to newcomers because they are tailored to experienced crypto traders and investors. Among Binance’s many trading features are real-time charting capabilities that incorporate both simple and exponential moving averages. Users have the option of using the Binance mobile app, the Binance website, or the Binance desktop application to execute trades.
In addition to the order book and price charts, the Binance platform gives traders access to their portfolios and trade histories. Binance also offers a number of specialized order types, including stop, limit, stop-limit, stop-market, and trailing stop orders.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 👛 Integrated Wallet | ☑️ Yes | ✅ Yes |
| 📱 Mobile App | ✅ Yes | ☑️ Yes |
| ❄️ Cold Storage | ☑️ Yes | ✅ Yes |
| 2️⃣ Two-Factor Authentication | ✅ Yes | ☑️ Yes |
| 📊 Algo Trader | ☑️ Yes | ✅ Yes |
| 💻 Proprietary Platform | ✅ Yes | ☑️ Yes |
OKEX vs Binance – Trading Conditions Comparison
In regards to trading conditions, OKEX offers Crypto lending, Crypto mining, and Crypto Staking whereas Binance only makes Crypto lending available.
| 🔎 Feature | 🥇 OKEX | 🥈 Binance |
| 📊 Crypto Lending | ☑️ Yes | ✅ Yes |
| 📍 Crypto Mining | ✅ Yes | No |
| 📌 Crypto Staking | ☑️ Yes | No |
| 🎉 Bonus | ✅ Yes | No |
| 📈 Additional Instruments | Spot, futures, perpetual swaps, options | No |
| 🆓 Demo account | ✅ Yes | No |
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Conclusion
Overall, OKEX is a popular international cryptocurrency exchange whereas Binance is a popular, trader-favorite crypto provider. Both Providers are safe trading choices.
Disclaimer
Only after intense studying should an investor start trading with very small amounts. Trading and investing in Crypto is risky and investors will do so at their own risk, and traders are advised to never use more money than they can afford to lose. The cryptocurrency market is volatile and risky market.
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Frequently Asked Questions
Who is Binance?
Binance is a well-known cryptocurrency exchange that caters to more advanced cryptocurrency traders and investors.
Is it safe to trade with Binance?
Yes, Binance is generally considered a safe crypto exchange.
Does Binance charge a deposit fee?
No, Binance does not charge deposit fees.
Does OKEX charge a deposit fee?
No, OKEX does not charge a deposit fee?
Is it safe to trade with OKEX?
Yes, OKEX is a trading platform that is compatible with VFAA regulations.
How many Crypto Coins do OKEX and Binance make available?
OKEX offers access to more than 400 crypto coins, while Binance falls somewhat short of this with 80+ crypto coins available.
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