Fee comparison
Binance vs OKX fees
Binance and OKX each come out cheaper in some scenarios. We priced three everyday transactions in United Kingdom (GBP) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.
Scenario 1
Buy £1,000 of BTC by bank transfer, withdraw on Bitcoin
BinanceMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
OKXMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
Scenario 2
Buy £500 of ETH by card, withdraw on Arbitrum
BinanceMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
OKXMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
Scenario 3
Buy £250 of USDT by bank transfer, withdraw on Tron
BinanceMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
OKXMissing trading fee, spread, deposit fee, currency conversion, withdrawal fee
Fee schedule side by side
Comparisons
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