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Exchange comparison

Binance vs OKX

Binance vs OKX: two of the largest global exchanges compared on spot fees, regional availability, Australian entities and their US guilty pleas.

Sources checked 26 October 2026 · Free to read · No account needed

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Side by side.

What matters
Binance
OKX

Trading & order types

Spot: 0.1% maker and taker for regular users, 0.075% paying with BNB. VIP tiers lower fees further.
Global spot: 0.08% maker, 0.10% taker for regular users. US: 0.20% maker, 0.35% taker.

Funding

Depends on your country. Deposit methods and fees vary by country; check what Binance offers where you live.
Depends on your region. In Australia, AUD deposits by PayID or bank transfer from a local bank.

Everyday features

Very deep order books and a wide coin selection. Proof of Reserves with zk-SNARK verification; SAFU fund.
Large global exchange with regional entities, including AUSTRAC-registered OKX Australia.

Crypto withdrawals

Crypto withdrawal fees vary by asset and network. Fiat options depend on your country.
Crypto withdrawal fees vary by asset and network. In Australia, AUD withdrawals go to a saved bank account.

Important context

Binance.com isn't available to US residents, and its Australian derivatives arm was ordered to pay A$10 million in 2026.
OKX pleaded guilty in the US in 2025 and agreed to pay more than US$504 million.

Make percentages tangible

Compare the fee component.

One trade, in Australian dollars.

Illustration at published standard rates for a single notional trade. This excludes spreads, quoted-price differences, funding costs, withdrawals and volume discounts. It is not a live quote or a cheapest-platform ranking.

Entry-tier and standard rates shown. Check your own confirmation screen before acting.

Binance spot, regular user · 0.1%
A$1.00
OKX global taker, regular · 0.1%
A$1.00

Questions that make the choice clearer.

  1. Which entity and fee schedule applies in your country?
  2. Do you hold BNB, or would you need to buy it for the discount?
  3. How much would you leave on either exchange after considering their regulatory records?

We have not timed support responses, funded these accounts or audited custody. A lower fee does not establish that a platform is safer or better for your circumstances.

Go deeper before signing up.

Sources & fact check

Checked . Provider material describes the provider’s own service. Check current terms before acting.

  1. Binance: Fee structure on Binance
  2. Binance: How to use BNB to pay for fees and get 25% off
  3. Binance spot trading fee schedule
  4. Binance terms of use
  5. US Department of Justice: Binance and CEO plead guilty to federal charges in $4B resolution
  6. CFTC: Binance and its CEO agree to pay $2.85 billion
  7. ASIC 24-283MR: ASIC sues Binance Australia Derivatives
  8. ASIC 26-055MR: Binance Australia Derivatives ordered to pay $10 million penalty
  9. Binance: How zk-SNARKs improve Binance’s Proof of Reserves
  10. OKX: Updates to global fee framework
  11. OKX: Updates to US fee framework 2026
  12. OKX Australia: What can I use in Australia?
  13. OKX Australia: How do I deposit AUD with bank transfer?
  14. US Attorney’s Office SDNY: OKX pleads guilty to violating US anti-money laundering laws
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