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Introduction to Binance

Binance has built the world's leading blockchain ecosystem and launched a series of products, including the largest digital asset trading platform. Binance’s mission is to become a global crypto asset infrastructure service provider in the future. The founder is CZ ZHAO and co-founder YIHE. Global committees are located in the United States, South Korea, Brazil, Nigeria, France, Mexico, Germany, the United Kingdom, Europe and other countries and regions, with global decentralized management. Binance currently serves 150 million registered users in more than 180 countries. Binance Exchange has low handling fees, and the products it provides include: spot, leverage and contracts, C2C buying and selling of crypto assets, Binance Financial Management, Binance Launchpad, NFT, etc.

In the field of cryptography, trading platforms founded by Chinese people such as Binance, HTX, and OKX have suddenly emerged. In addition to their radical playing styles and many ways to play, another important reason is that they can make money. Crypto players said, “Competition among global crypto asset trading platforms is fierce, with high requirements on manpower, service, and safety. Only Chinese people can achieve the ultimate in this service industry.To give a simple example, it is impossible for an exchange founded by a foreigner to provide 24-hour customer service. If there is a problem, we can only send it an email. It may take a week or two for the exchange to deal with the problem. Who is this? I can bear it, but the exchanges opened by the Chinese can respond online 24 hours a day.

OKX Introduction

OKX(OUYi) platform is one of the world's famous digital asset trading platforms, allowing users Trade 16 mainstream crypto assets, including BTC, LTC, ETH, etc. Spot transactions of these crypto assets will be conducted on the platform, and users can buy and sell according to their needs and risk tolerance. OKX has launched an upgraded version of its application to provide Hong Kong users with safe and reliable virtual asset spot trading services. This move will help meet the demand for crypto asset trading in the Hong Kong market and provide users with a more convenient trading experience. In addition, the web3 wallet launched by OKX has a very good user experience and is at the leading level in the industry.


Which one is better, Binance VS OKX?

By comparing the advantages, disadvantages and costs, we mainly compare functions and regional usage to see which trading platform is suitable for you:

  • Binance trading fees:

      Order fee: 0.10%

      Recipient fee: 0.10%

  • OKX transaction fees:

      Pending order fees: vary according to transaction volume and membership level.

        Receiver Fees: Varies based on transaction volume and membership level.

  • Binance VIP Trader Fees:

      Order fee: ranges from 0.02% to 0.09%

      Recipient fee: ranges from 0.04% to 0.1%

  • OKX VIP Trader Fees:

      Order fee: Varies, ranging from 0% to 0.02%

      Recipient Fees: Varies, with levels ranging from 0.02% to 0.04%

It is important to remember that the final choice depends on your needs, experience, location and goals. Before choosing, it is recommended to conduct a detailed comparison to ensure you choose the platform that is best for you.