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โŒ• Compare exchanges

VS Binance vs OKX (2026)

Compared on verified data โ€” same methodology, same fact database, every pair.

Ad disclosure: both 'Visit' buttons are affiliate links*. It never affects scores or rankings. How we make money

Choose Binance ifโ€ฆ

  • โ†’ you want a wider coin range (350+ vs 300+)
Visit Binance*

Choose OKX ifโ€ฆ

  • โ†’ you'll use market orders โ€” 0.08% beats 0.1%
  • โ†’ a clean incident record matters to you
  • โ†’ you just want our higher-scored pick (8.0 vs 7.6)
Visit OKX*

Side by side

Binance 7.6/10 Visit* Read review
OKX 8.0/10 Visit* Read review
Our score 7.6/10 8.0/10 better
Maker / taker fee 0.1% / 0.1% 0.08% / 0.1% better
Instant-buy fee 0.5% better 0.7%
Coins listed 350+ better 300+
AUD withdrawal fee Free Free
AUD deposit methods PayID ยท Bank transfer Bank transfer ยท Card
Demo mode โœ• No โœ• No
SMSF support โœ• No โœ• No
Australian-based No No
Full AFSL Transitional Transitional
Incidents on record โš  1 โœ“ None better
Best for lowest trading fees low pro fees

Binance leads 2 rows, OKX leads 3 โ€” what matters is which rows matter to you. Try any other matchup in the comparison tool ยท sources: Binance review, OKX review

What a A$1,000 buy costs on each

Headline fees only โ€” we don't yet hold a verified spread estimate for either platform. The spread is real money on an instant buy, so both cost more than the figures below; the fee is the part we can compare like for like.

Binance
Instant buy
A$5.00
Market order
A$1.00
OKX
Instant buy
A$7.00
Market order
A$0.80

On a A$1,000 instant buy the difference is A$2.00. Using market orders it's A$0.20. Fees are per trade, so multiply by how often you buy.

What you can actually buy on each

Counted against the 152 coins we track, and re-checked against each platform's own public asset list every day โ€” not the headline number on their marketing pages.

Coins we track that it lists 116 108
Priced directly in AUD 0 7
On this one only 21 13

95 of the coins we track are on both. Only on Binance: Ethena USDe, Quant, JUST, NEXO, Aerodrome Finance and 16 more. Only on OKX: LEO Token, Canton, PayPal USD, Cronos, OKB and 8 more. Note that Binance quotes none of them against AUD โ€” you would convert to a stablecoin first, which costs more than the fee table above suggests.

What is on each one's record

Hacks, penalties, licence changes and ownership changes we hold a source for. An empty record means we have not recorded an event, not that nothing has ever happened.

Binance
  • โš–๏ธ penalty 15 Mar 2026 Binance Australia Derivatives ordered to pay A$10M penalty ยท source
  • โ„น๏ธ other 16 Jan 2026 AUD deposits and withdrawals restored via Bolt Financial Group ยท source
  • โ†ฉ๏ธ licence surrendered 6 Apr 2023 Binance surrendered its Australian derivatives licence ยท source
OKX

โœ“ No incidents on record.

FAQ

Which is better, Binance or OKX?

It depends what you optimise for: Binance wins when you want a wider coin range (350+ vs 300+); OKX wins when you'll use market orders โ€” 0.08% beats 0.1%. Both are AUSTRAC-registered.

Can I use both Binance and OKX?

Yes โ€” many Australians keep accounts on two exchanges: one for cheap market orders, one for range or features. There is no cost to holding both accounts.

Are these comparisons affected by commissions?

No. Both Visit buttons are affiliate links, but every number on this page renders from our verified fact database and the comparison logic is identical for every pair we publish.

General information only, not financial advice. Verify current fees before trading. Facts on this page last verified 2026-07-22.