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Binance.US vs OKX US: fees, withdrawals, safety and which to use

Binance.US lists a $0 fee for buying $1,000 by bank transfer. OKX US shows its fee only when you review the order before placing it.

Fees: Binance.US vs OKX US

In dollars, Binance.US and OKX US fees for $1,000, taken from each exchange's own site pages.

$1,000 and the basicsBinance.USOKX US
Buy by bank transfer (ACH)$0–
Buy by debit card$39.90–
Buy by wire$0.20–
Sell and send to your bank (ACH)$0.20–
Cash out to your bank (ACH)$0–
Cash out by wire$25–
States it does not serveAmerican Samoa, Guam, Northern Mariana Islands and U.S. Virgin Islands, plus Alaska, Connecticut, Georgia, Maine, New York, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont and WashingtonNew York; also American Samoa, Guam, Northern Mariana Islands and U.S. Virgin Islands
Serves New YorkNoNo
Bank withdrawalFree, 1-5 business days depending on the bank–
NYDFS licenceNoNo
FinCEN registrationRegisteredRegistered
App Store rating (ratings)4.2 (111,067)4.6 (22,983)
Coins listed204–

When an exchange shows a dash, it hasn't published a number for that row. "Not offered" means the method isn't supported.

In your state: Binance.US vs OKX US

OKX US works in Alaska, Connecticut, Georgia, Maine, North Carolina, North Dakota, Ohio, Oregon, Texas, Vermont and Washington, and Binance.US doesn't.

Withdrawals: Binance.US vs OKX US

Withdrawing from Binance.US to your bank is free, and it takes 1-5 working days, depending on the bank.

On the pages we read, OKX US lists no bank withdrawal fee or timing.

Safety: Binance.US vs OKX US

For New York, no NYDFS licence is held by Binance.US.

In New York, OKX US has no NYDFS licence.

Apps and coins: Binance.US vs OKX US

In the App Store, the Binance.US app has a score of 4.2 out of 5 from 111,067 ratings.

In the App Store, the OKX US app earns 4.6 out of 5, from 22,983 ratings.

Which should you pick, Binance.US or OKX US?

  • Its order book and Advanced (Spot) Trading make Binance.US the choice if you'll use them.
  • Pick OKX US if you want its app and the simple buy screen.

We earn a commission if you open an account through our links. It does not change the fees you pay or our score.

Reading more about Binance.US and OKX US