BinanceOKX
Comparing Binance and OKX — fees, supported coins, and security track record.
⚠ Note:In November 2023, Binance and its founder pleaded guilty to U.S. federal charges related to anti-money-laundering and sanctions violations, and agreed to a $4.3 billion settlement — one of the largest corporate penalties in U.S. history. The company has continued operating since under a court-appointed monitor.
- Maker/Taker fee
- 0.1% / 0.1%
- Coins
- 500+
- Countries
- 180+
- Founded
- 2017
- Daily volume
- ~$6.1B (spot)
- Security incidents
- Yes
Score breakdown
Fees4.0/5
Average maker/taker fee: 0.100% (lower fees score higher, scaled against 0.5%).
Security track record0.0/5
Has a publicly documented history of a major hack or breach of user funds.
Coins supported5.0/5
500+ supported coins (scaled against 500).
Trading liquidity0.6/5
Approx. ~$6.1B (spot) in daily trading volume (scaled against $50B).
Pros
- Low exchange fees
- Low trading fees
- P2P trading available with low fees
- High level of security infrastructure (SAFU insurance fund)
- Multiple wallet types available
- Card available
Cons
- Interface can be complicated for beginners
- No margin trading support in some regions
- Withdrawal process can be complex for beginners
- Suffered a major hack in 2019 (funds fully reimbursed) and a large 2023 U.S. regulatory settlement
- Maker/Taker fee
- 0.08% / 0.1%
- Coins
- Checking
- Countries
- Checking
- Founded
- 2013
- Daily volume
- Checking
- Security incidents
- None known
Score breakdown
Fees4.1/5
Average maker/taker fee: 0.090% (lower fees score higher, scaled against 0.5%).
Security track record5.0/5
No publicly documented history of a major hack or breach.
Coins supported2.5/5
Number of supported coins not yet verified.
Trading liquidity2.5/5
Daily trading volume not yet verified.
Pros
- One of the longest continuous operating histories in the industry, dating back to 2013
- Consistently ranked among the top handful of exchanges globally by trading volume
- Regained full U.S. market access in 2025 after resolving past regulatory issues
- Backed by a major 2026 institutional investment from Intercontinental Exchange (ICE)
Cons
- Jurisdiction and oversight history is unusually fragmented — the exchange has operated out of Beijing, Hong Kong, and now the U.S. at different points, which makes it harder to pin down exactly who regulates it day to day
- Past U.S. Department of Justice settlement is a real historical mark, even though resolved
- Exact number of supported coins and countries isn't independently confirmable from public sources
Summary
- OKX has lower average maker/taker fees (0.08%/0.1%) than Binance (0.1%/0.1%).
- OKX has been operating longer — founded in 2013.
- OKX has no documented major hack, while Binance does — see each review for details.