Binance vs OKX: the Malaysia numbers
Binance vs OKX for Malaysia: published fees, verification rules, and availability side by side, checked on July 31, 2026.
- Verified
- 31 Jul 2026
- Sources
- Official sources cited
- Market
- Malaysia
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- en-MY / MY
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- comparison
- Updated
- 31 Jul 2026
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The published numbers split this one: Binance undercuts OKX on spot taker fees (0.1% vs 0.35%); the platform is cheaper on the maker side (0.1% vs 0.2%); OKX has the longer track record (since 2013 vs 2017). Neither side sweeps the table for Malaysia, so the right pick depends on which row matters most to you. Every figure was re-checked against official pages on July 31, 2026, and the row-level sources are one click away below.
trading bonus
Binance
- market
- Malaysia
Referral terms vary by region and account state.
Open BinanceBinance and its counterpart are lined up on the same published rows below — entry-tier costs, verification, coverage, and local availability — with the winning cell decided by the published number alone, re-checked on July 31, 2026. Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too. Use the availability row first if you are signing up from Malaysia: a cheaper venue that cannot legally take your registration is not cheaper.
| Brand | Published value | Source | Availability | |
|---|---|---|---|---|
| Binance | Spot maker fee: 0.1% · Spot taker fee: 0.1% | Binance trading fees | accepts Malaysia | Open account |
 OKX | Spot maker fee: 0.2% · Spot taker fee: 0.35% | OKX trading fee rules FAQ | accepts Malaysia | Open account |
Each check below names the platform whose published number wins that row outright, using the values re-verified on July 31, 2026. Binance and its rival keep their source links in the last row, so any cell can be audited in one click before you commit funds — and if a provider stops publishing a value, the row flips to "not published" on the next re-check rather than staying frozen.
| Check | Binance | OKX |
|---|---|---|
| Spot maker fee | 0.1% | 0.2% |
| Spot taker fee | 0.1% | 0.35% |
| Deposit methods | not published | Card purchases via Visa, Mastercard and others |
| Proof of reserves | not published | Yes — monthly zk-STARK Proof of Reserves, 1:1 reserve; 44th report (Jun 2026) $22.65B in primary assets |
| Founded | July 2017 | 2013 (as Okcoin; OKEx 2017; rebranded OKX Jan 2022) |
| Headquarters | No official company headquarters (formerly China, Japan, Malta) | OKX US entity registered in San Francisco, CA (NMLS #1767779); company HQ San Jose, California per Wikipedia |
| Availability | accepts Malaysia | accepts Malaysia |
| Official source | Binance trading fees | OKX trading fee rules FAQ |
Using Binance or OKX from Malaysia
Signing up from Malaysia puts Binance and OKX under a local rulebook, and it is not what the fee table alone tells you. Securities Commission Malaysia (SC), the statutory body regulating Malaysia's capital markets (digital asset exchanges fall under securities law). Digital asset exchanges serving Malaysia are registered by the Securities Commission Malaysia as Recognized Market Operators (RMO) to establish and operate a digital asset exchange (DAX); running a DAX without SC authorisation is an offence under securities laws. How money actually reaches the order book here: DuitNow instant account-to-account transfer (Real-time Retail Payments Platform run by PayNet): instant send/receive using a mobile number or DuitNow ID across participating banks and e-wallets. DuitNow transfers cost nothing up to RM5,000; above that a 50 sen fee applies, and many banks waive it. Available via internet and mobile banking at banks nationwide and participating e-wallets. On tax treatment in this market: Income from active crypto activities such as trading, mining and exchange is subject to Malaysian income tax, with digital currencies classified as commodities that can constitute business income (Ministry of Finance, parliamentary reply). None of this market context changes the Binance figures in the table above — it decides how you act on them.
- Which is better: Binance or OKX?
- The published numbers do not produce a single winner for Malaysia; the table above shows which platform wins each row so you can weight what matters to you.
- How is crypto regulated in Malaysia?
- Securities Commission Malaysia (SC), the statutory body regulating Malaysia's capital markets (digital asset exchanges fall under securities law). — Digital asset exchanges serving Malaysia are registered by the Securities Commission Malaysia as Recognized Market Operators (RMO) to establish and operate a digital asset exchange (DAX); running a DAX without SC authorisation is an offence under securities laws. (source: scxsc.my).
- How does ChainCosts earn from this page?
- If you open an account through a link here, the provider may pay us a commission. It never changes the price you pay, and it has no input into which cell wins a row — the published numbers decide.
At a glance
Key facts
- Market
- Malaysia
- Verified
- 31 Jul 2026
- Data completeness
- Only figures backed by the cited sources are shown; anything we could not verify is left out.
ChainCosts may earn a commission if you sign up through a partner link on this page. This never changes the numbers we publish.
Not financial, tax, custody, or investment advice. Verify live terms with the provider before acting.
trading bonus
Binance
- market
- Malaysia
Referral terms vary by region and account state.
Open Binancetrading bonus
OKX
- market
- Malaysia
Referral terms vary by region and account state.
Open OKXRoute fit
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Machine-readable summaryen-MY / MY
- Canonical source
- https://chaincosts.com/en-MY/compare/binance-vs-okx
- What this page does
- comparison screening with visible partner-link disclosure
- Offers covered
- Binance, OKX
- Evidence
- 3 cited sources: Binance trading fees, OKX trading fee rules FAQ, ChainCosts exchange fee checklist
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- Partner actions go through ads.chaincosts.com; source links stay direct.
- Not advice
- Informational only. Verify provider terms, eligibility, and fees before acting.
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