When it comes to choosing a cryptocurrency exchange, one of the most critical factors investors consider is cost efficiency—specifically, trading and withdrawal fees. Two of the world’s largest and most trusted platforms, OKX and Binance, dominate the market, offering a wide range of services from spot and futures trading to staking and withdrawals. But which one truly offers lower fees?
In this comprehensive comparison, we break down the trading fees, withdrawal costs, and platform token discounts offered by both exchanges. Whether you're a beginner or an active trader, understanding these fee structures can help you make smarter, more cost-effective decisions in 2025.
Core Keywords
- OKX fees
- Binance fees
- crypto trading fees
- USDT withdrawal fee
- OKB discount
- BNB discount
- spot trading fees
- futures trading fees
Trading Fee Comparison: Spot, Futures, and Leverage
Binance Trading Fees
Binance uses a tiered fee system based on your VIP level, which is determined by your 30-day trading volume and BNB holdings. For new users (VIP 0), the standard rates are:
Spot Trading
- Maker/Taker Fee: 0.10% for both buy and sell orders.
- BNB Discount: If you pay fees with BNB, you get a 25% reduction, lowering the rate to 0.075%.
Futures Trading
- Maker Fee: 0.02%
- Taker Fee: 0.04%
- With BNB payment, these drop to 0.015% (maker) and 0.03% (taker).
Leverage Trading
Fees mirror those of futures trading and vary with VIP tier and BNB usage.
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OKX Trading Fees
OKX maintains a transparent and competitive fee structure that often undercuts major rivals.
Spot Trading
- Base Fee: 0.10% for both makers and takers.
- OKB Discount: Paying with OKB grants up to a 30% discount, reducing fees to just 0.07%.
Futures Trading
- Maker Fee: 0.02%
- Taker Fee: 0.05%
- Using OKB, makers pay only 0.014%, and takers pay 0.035%.
Leverage Trading
Similar to futures, with fees adjusted based on OKB balance and trading volume.
Head-to-Head: Trading Fees
| Feature | Binance (with BNB) | OKX (with OKB) |
|---|---|---|
| Spot Trading Fee | 0.075% | 0.07% ✅ |
| Futures Maker Fee | 0.015% ✅ | 0.014% |
| Futures Taker Fee | 0.03% ✅ | 0.035% |
While both platforms start at 0.10% for spot trades, OKX edges ahead slightly when using OKB (0.07% vs Binance’s 0.075%). However, for futures traders, Binance offers lower taker fees, especially with BNB discounts.
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Withdrawal Fees: BTC, ETH, and USDT Compared
Withdrawal costs can add up quickly—especially for frequent traders or those moving stablecoins across chains.
Binance Withdrawal Fees
- BTC: 0.0005 BTC
- ETH: 0.005 ETH
- USDT (ERC-20): 5 USDT per withdrawal
OKX Withdrawal Fees
- BTC: 0.0005 BTC (same as Binance)
- ETH: 0.01 ETH
- USDT (ERC-20): Just 1 USDT
Key Takeaways
- BTC withdrawals are equal on both platforms.
- ETH withdrawals favor Binance (half the cost).
- USDT withdrawals clearly favor OKX—only 1 USDT compared to Binance’s 5 USDT.
For traders who frequently move USDT—common in arbitrage, payments, or off-ramping—OKX provides significant savings.
Platform Tokens: OKB vs BNB Discounts
Both exchanges incentivize holding their native tokens:
| Token | Max Fee Discount | Supported Chains | Additional Perks |
|---|---|---|---|
| OKB | Up to 30% | Spot, Futures, Withdrawals | NFT access, insurance fund contributions |
| BNB | Up to 25% | Spot, Futures | Launchpad access, travel bookings |
OKB offers a higher maximum discount and broader utility within the OKX ecosystem, making it particularly valuable for high-volume traders.
Frequently Asked Questions (FAQ)
Q1: Which exchange has lower overall trading fees?
A: It depends on your trading style. For spot trading with token discount, OKX offers a slightly better rate (0.07% vs 0.075%). For futures traders, Binance generally has lower taker fees, especially with BNB.
Q2: Is USDT withdrawal cheaper on OKX?
A: Yes—by far. OKX charges only 1 USDT for ERC-20 withdrawals, while Binance charges 5 USDT, making OKX four times cheaper for stablecoin transfers.
Q3: Can I reduce fees without holding platform tokens?
A: Yes, but not significantly. Both platforms offer minor reductions based on trading volume (VIP tiers), but the biggest savings come from using OKB or BNB.
Q4: Are there hidden fees on either platform?
A: No major hidden fees exist on either exchange. Both disclose their fee schedules clearly. However, network gas fees during high congestion may affect actual withdrawal costs slightly.
Q5: Does trading volume affect fees?
A: Absolutely. Higher 30-day trading volumes unlock VIP tiers on both exchanges, reducing base fees incrementally—even without using platform tokens.
Q6: Should I choose OKX or Binance for cost savings?
A: If you prioritize low USDT withdrawals and spot trading discounts, go with OKX. If you're a frequent futures trader using BNB, Binance may save you more over time.
Final Verdict: Which Is Cheaper?
There's no one-size-fits-all answer—but here's how to decide:
✅ Choose OKX if:
- You frequently withdraw USDT via ERC-20.
- You prefer a higher discount (30%) using your platform token.
- You mainly engage in spot or leveraged trading.
✅ Choose Binance if:
- You're an active futures trader.
- You already hold BNB and want consistent taker fee savings.
- You withdraw ETH often (lower ETH withdrawal fee).
Both platforms are secure, feature-rich, and globally accessible—but small differences in fee structures can lead to big savings over time.
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Ultimately, aligning your choice with your trading behavior—whether it's frequency, asset type, or preferred market—is the key to minimizing costs in the crypto space.
By analyzing both trading fees and withdrawal costs, you’re now equipped to pick the exchange that best fits your financial strategy in 2025—and beyond.