![]() But to sum it up, both these exchanges offer many other features for their users which make them unique in their way.To invest in cryptocurrency, you must know where to buy digital assets like Bitcoin, Ethereum, or a smaller-cap altcoin. Moreover, Binance could indeed work on it and make it easier for its users. Looking at the support and customer services, OKX will steal the show with its 24*7 availability. ![]() But saying that, the fee of Binance is slightly lesser than OKX.īinance is an exchange used by intermediate to advanced traders, and if someone is starting their crypto trading journey, OKX is highly recommended for them. Nominal Trading and Financing fees compared to other options in the marketĮxtensive range of pro trading options such as futuresĪn extensive range of over 100 cryptocurrencies supportedĬrypto-to-crypto or fiat-to-crypto tradingĪfter closely investigating both the exchanges, we have seen plenty of similarities in both the platforms, and it boils down to the preference of the users to decide. Seamlessly designed mobile app for Apple and Android Users Impenetrable Multi-layered Security System Geographical restrictions to major countries. Might be a bit overwhelming for beginnersīuy or Sell Cryptocurrencies with a diverse set of options such as Bank Transfer, Visa, MasterCard, ApplePay, Paypal, and more. OKX vs Binance: Pros and Cons OKX (Previously OKEx) Pros and Cons PROS Unfortunately, no live chat help and no telephone number are available for clients to contact the support personnel. Support tickets shall be sent online, and responses shall be received via email. The Binance support team reacts responsively and can help traders in need. OKX Customer Support Binance Customer Support In all, OKX has a perfect customer support mechanism. In addition, users can contact members directly via their community section on their site. Traders can also speak directly with their customer support team. By applying, traders can inquire about their doubts. This area of questions often asked functions as a starting guide and resolves all trading queries. There is a special section for further FAQs. In addition, OKX (Previously OKEx) has a solid and reliable support team to contact traders. OKX provides 24*7 help across different modalities. OKX vs Binance: Customer Support OKX (Previously OKEx) Customer Support However, if you’re still sceptical about Binance, read the best Binance alternatives. There is two-factor authentication and always a good sight to see. However, the exchange does not notify users sufficiently about how the funds are secured, but we want to assume that safety is treated seriously. While Binance USA is one of the latest cryptocurrency exchanges on the market, its users and the digital currencies community swiftly managed to gain a high degree of confidence. As a result of these strategies, it is a sophisticated platform with the best private encryption.įurthermore, OKX (Previously OKEx) abides by the Virtual Financial Asset Act (“VFAA”) and is regulated by the Malta Financial Services Authority. In addition, it employs cutting-edge technologies such as the cold wallet and the core private key encryption algorithm. OKX (Previously OKEx) is the most secure cryptocurrency exchange, with numerous security measures in place. Hence, traders need to consider if the exchange is secure. Security is essential to preserve user data and funds. Security is one of the most important factors when it comes to trading. Your trading fee percentage depends on your trading volume in the past 30 days and BNB holdings. One can get a 25% discount on the trading fee by paying in the platform’s native currency, Binance Coin (BNB). USD international wire transfer withdrawal Minimum withdrawal amounts and fees vary based on your withdrawal method and currency. You can withdraw funds in USD or one of 55 cryptocurrencies. Besides having many payment options, with OKX having an edge with the acceptance of Wire Transfer.īinance fees is charged for trading, buying, and selling, as well as some withdrawals and deposits. ![]() Both of these exchanges have various other functions to offer, making them unique in their own way.Coming to customer support, OKX steals the show by offering excellent customer support for its users, whereas Binance would require some work on its support system.Moreover, OKX and Binance both have a robust security mechanism that prevents hackers from stealing their data.Both of these exchanges have a mobile app that works for both android and iOS users.Further, looking at the trading fees, Binance fees is slightlylower when compared to OKX.Secondly, both the platforms support multiple trading options with few differences.Firtsly, OKX and Binance are the leading market exchanges of the crypto industry. ![]()
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