Binance vs OKX Comparison
In our overall rating OKX leads with 4.5 out of 5 points, ahead of Binance with 4.3. On disclosed fees Binance is cheaper: € 1.00 instead of € 2.00 per €1,000 purchase. If you care most about usability, features, stability, and support, OKX has the better sub-scores. Binance lists 482 cryptocurrencies, OKX more than 280.
| 0.1% spot, up to 2% instant buy | Fees | 0.2 % |
| € 1.00 | Minimum cost per €1,000 | € 2.00 |
| 482 | Cryptos | 280+ |
| SEPA Transfer, Credit Card | Payment Methods | Deposits: SEPA / SEPA Instant, Easy Transfer, Credit Card and PayPal Express purchases: PayPal, Google Pay, Apple Pay and Credit Card |
| License in Germany refused by BaFin | Regulation | MiCA licence, MiFID II licence and payment institution (MFSA, Malta) |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 1.00 | Minimum cost per €1,000 | € 2.00 |
| 0.1% spot, up to 2% instant buy | Fees | 0.2 % |
| € 7.47 | Wallet transfer | € 1.08 |
| Limited | Cost transparency | Yes |
| ~$10 USD | Minimum Amount | ~$10 USD |
| SEPA Transfer, Credit Card | Payment Methods | Deposits: SEPA / SEPA Instant, Easy Transfer, Credit Card and PayPal Express purchases: PayPal, Google Pay, Apple Pay and Credit Card |
On disclosed fees you pay €1.00 less at Binance per €1,000 purchase.
Binance separates order book trading from direct purchases: regular users pay 0.1% on spot trades, while buying by card or wallet payment costs 2%.
| Transaction | Cost at Binance |
|---|---|
| Spot trading, regular user | 0.1% maker, 0.1% taker |
| Spot trading paying fees in BNB | 0.075% maker and taker (25% discount) |
| Direct buy and sell by card, Apple Pay or Google Pay | 2% |
| Direct buy and sell via PayPal | 1.5% |
| Direct buy via Revolut | 1.1% |
| Buy and sell via SEPA | EUR 1 |
| Crypto withdrawals | network fee per coin |
How to save: Going through the order book pays off: EUR 1,000 costs EUR 1 in spot trading fees, but EUR 20 by card. Paying fees in BNB saves another 25%. See how Binance compares with MiCA-licensed providers in our crypto exchange comparison.
Fees as of 21 October 2026 according to the Binance fee overview.
OKX Europe charges spot fees by account type: the spot-only account costs 0.10% maker and 0.20% taker in the base tier, the spot and derivatives account 0.08% and 0.10%.
| Transaction | Cost at OKX Europe |
|---|---|
| Spot trading, spot-only account, regular user | 0.10% maker, 0.20% taker |
| Spot trading, spot and derivatives account, regular user | 0.08% maker, 0.10% taker |
| VIP 1 in the spot and derivatives account (from EUR 100,000 assets or EUR 1m volume in 30 days) | 0.0675% maker, 0.08% taker |
| Zero-fee pairs | selected spot pairs at 0% maker and taker |
| Crypto withdrawals | network fee per coin |
How to save: On a EUR 1,000 buy as a taker, the spot-only account costs EUR 2 and the spot and derivatives account EUR 1. Limit orders as a maker are cheaper in both account types. See how OKX compares in our crypto exchange comparison.
Fees as of 21 October 2026 according to the OKX Europe fee page.
Pros & Cons
- 482 cryptocurrencies tradable, the widest selection among established exchanges (measured on 3 September 2026 via Binance's public API)
- Savings plan and staking are offered
- Largest crypto exchange worldwide with low spreads
- Wallet transfer possible
- No granted MiCA authorisation. Binance appears in no EU register and, by its own announcement, withdrew its application with the Greek regulator on 24 June 2026. A new host state has been announced but not confirmed.
- Only 29 of the 482 coins trade directly against the euro. Everything else goes through another currency, usually a stablecoin, which adds cost and exchange rate risk.
- Direct purchases by card cost 2%
- Cost transparency is rated as limited
- MiCA, MiFID II and payment institution licences via OKX Europe in Malta
- Spot fee of 0.20% taker on a spot-only account, 0.10% with a derivatives account
- Total costs of €2.00 per €1,000
- Proof of reserve is provided
- Wide range of payment methods: SEPA, PayPal, credit card, Apple Pay, Google Pay
- Savings plan via recurring buy (daily to monthly) and staking available
- Selection of 280+ cryptocurrencies is room for improvement compared with some competitors
- KYC process with eID and photo ID is occasionally criticized as time-consuming
Score Comparison
User Experiences
AI AnalysisAccording to reviews, Binance is often praised overall for its ease of use, the large selection of coins, and fees that are generally perceived as low. At the same time, users occasionally report criticism regarding support, verification, and language options, especially with regard to a German app version.
According to the analyzed user reviews, OKX is mentioned by many users for its intuitive app, easy usability, and wide range of coins. At the same time, users also report critical experiences with support, as well as occasionally with blocked accounts or blocked withdrawals.
This analysis is based on 1002 user reviews evaluated by AI from the Apple App Store and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect user experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | available |
| available | Staking | available |
| not available | Wallet transfer | available |
| not available | Cost transparency | available |
| not available | 2FA security | available |
| available | Whitelist | available |
| available | SEPA transfer | not specified |
| available | Credit card | not specified |
| not available | Minimum amount | not specified |
| available | Mobile app (iOS/Android) | available |
| not specified | Anti-phishing code | available |
| not specified | Passkey login | available |
| not specified | Web platform | available |
- Largest crypto exchange worldwide by trading volume
- Low spreads in order book trading
- Savings plan and staking available
- On the market since 2017
- One of the first exchanges with a MiCA license in the EU
- Total costs of €2.00 per €1,000 on a spot-only account
- Proof of reserve available for transparency
- Express purchases via PayPal, Apple Pay, and Google Pay possible
- Minimum investment from just 1 €
- Futures and spot margin up to 10x, tokenized stocks and ETFs
- OKX Shield: protection against third-party account takeovers, up to €500,000 depending on account tier
- OKX Card (Mastercard) with no monthly or annual card fee
The five areas head to head
AI AnalysisFees & Costs
Users often cite Binance’s fees as a positive point and frequently describe them as low compared with other providers. At the same time, some reviews perceive the fees as too high. Overall, user data suggests a predominantly positive view of the fees.
When it comes to fees, users report a mixed impression: on the one hand, low costs are mentioned; on the other hand, some users perceive the fees as high. According to reviews, the perception of costs from the user perspective apparently depends on usage and transaction type.
Usability & User Experience
According to reviews, users particularly appreciate the intuitive app and ease of use at Binance, which appeals to both beginners and more experienced users. However, the interface is occasionally described as confusing or too complicated. Many users also want a German language option to make everyday use even more convenient.
According to reviews, users at OKX especially appreciate the intuitive app, the easy handling, and the clean interface. In everyday use, the platform is described by many as easy to understand. Occasionally, users also would like a German-language interface and a landscape mode.
Features & Offering
According to reviews, users mainly praise the large selection of coins. Users also report that Binance is suitable for beginners and appears easy to use. Occasionally, users would like additional language options as well as an iPad app to better adapt the offering to their usage.
According to user reviews, the range of coins and features is viewed positively by many. Users report that the platform is experienced as versatile and offers different use cases. Occasionally, users would like more fiat options, additional bot options, and adjustments to the withdrawal whitelist.
Stability & Security
According to reviews, Binance is perceived by many users as reliable. Overall, the opinion on stability and reliability is predominantly positive.
Regarding stability and reliability, users report in some cases smooth usage and in other cases problems related to accounts or withdrawals. In the reviews, blocked accounts and blocked withdrawals are occasionally mentioned. Overall, the user data does not present a uniform picture.
Customer Support
User data paints a rather critical picture of support: users report a lack of support. Verification is also described as time-consuming in some reviews. In addition, users would like better assistance with account-related issues and withdrawals.
The user reviews of support are mostly critical. Users report slow or unanswered replies, and occasionally describe customer service as not helpful or as not being perceived at all. In addition, several users would like better support in German.
Details
| Binance Holdings Ltd. | Company | OKX Europe Ltd |
| 2017 | Founded | 2017 |
| License in Germany refused by BaFin | Regulation | MiCA licence, MiFID II licence and payment institution (MFSA, Malta) |
| ~$10 USD | Minimum Amount | ~$10 USD |
| Photo ID | KYC | eID, Photo ID |
Verdict
In our overall rating OKX leads with 4.5 against 4.3 for Binance.
On disclosed fees you pay €1.00 less at Binance per €1,000 purchase.
For most investors OKX is therefore the better choice.
Binance is considered the world’s largest crypto exchange by trading volume and is valued for its low spreads in order book trading. With over 370 tradable cryptocurrencies, savings plans and staking, the platform offers a broad range of services. On the market since 2017, Binance has established itself as a major player in crypto trading.
For the German market, however, it should be noted that Binance does not have a BaFin license. The direct-buy fee of 2% by card, i.e. €20 per €1,000, is occasionally criticized, as is the limited cost transparency for direct purchases. The minimum amount of 15 € is also higher than at some competitors.
Binance is seen especially as suitable for experienced traders who want to benefit from the low spreads in order book trading and for whom a missing BaFin license matters less than the platform’s global market presence and liquidity.
OKX is considered one of the first crypto exchanges with a fully fledged MiCA license in the EU and is valued for combining regulatory compliance with low fees. With a 0.20% taker fee on a spot-only account, or €2.00 per €1,000, OKX is among the cheapest providers in the comparison. The availability of proof of reserves is positively viewed by security-conscious users. OKX's European offering now also includes futures up to 10x, tokenized stocks and ETFs, a recurring-buy savings plan and the OKX Card.
The selection of 280+ cryptocurrencies is room for improvement compared with some competitors with over 600 coins. The KYC process with eID and photo ID is also occasionally criticized as time-consuming. However, the extensive payment methods — including PayPal, Apple Pay, and Google Pay — are seen as practical.
OKX is particularly suitable for cost-conscious investors who prefer an EU-regulated platform with a MiCA license and low trading fees and are willing to make compromises on coin selection.