Binance vs OKX: fees, cashback and which to choose
Binance is the world's largest exchange by volume and liquidity; OKX is an all-in-one exchange and Web3 ecosystem. We compare them on fees, available cashback and which trader profile each suits — plus how to recover part of your fees on both.
Quick comparison
| Binance | OKX | |
|---|---|---|
| Cashback | 15% | 16% |
| Applies to | of your trading fees | of your trading fees |
| Countries | 6+ | 5+ |
| Best for | traders who prioritize maximum liquidity, broad catalog and low base fees | users who want a single platform for trading and DeFi/Web3 |
Fees
Binance. Low base fees (spot 0.1%, less with BNB and by volume). The cost leader at high volume.
OKX. Competitive fees with volume discounts; combines exchange, Web3 wallet and structured products.
Available cashback
OKX offers more cashback (16%) than Binance (15%), so you recover a larger share of every fee you pay. The gap matters most if you trade with volume.
Work out how much you'd recover for your volume with the cashback calculator.
Pros and cons
Pros
- Top market liquidity
- Very competitive base fees
- Huge ecosystem (earn, launchpad, etc.)
- 15% cashback via Omanero
Cons
- Regulatory restrictions in some countries
- Cashback slightly lower than other exchanges
Pros
- Complete ecosystem (exchange + Web3 wallet)
- Good derivatives liquidity
- Structured products
- 16% cashback via Omanero
Cons
- Learning curve due to feature breadth
- Availability varies by country
Best for each profile
Choose Binance if you're traders who prioritize maximum liquidity, broad catalog and low base fees. Choose OKX if you're users who want a single platform for trading and DeFi/Web3.
Verdict
If your priority is recovering the most fees, OKX leads with 16% cashback. If you value Binance's profile more, you still recover fees at 15%. Best of all: you don't have to choose — use both and earn cashback on each.
Recover fees on Binance and OKX with verifiable payments.