Binance vs OKX: the New Zealand numbers
Binance vs OKX for New Zealand: published fees, verification rules, and availability side by side, checked on July 31, 2026.
- Verified
- 31 Jul 2026
- Sources
- Official sources cited
- Market
- New Zealand
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- 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 New Zealand, 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.
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Binance
- market
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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 Where a platform does not publish a figure, the row says so instead of guessing, because an unpublished number is a real answer about transparency too.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 New Zealand: 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 | Binance New Zealand operates via Investbybit Limited, registered on the FSPR as FSP1003864 (status Registered, registration date 10-Sep-2022; verified live on the register). Binance's official blog confirms the launch; FSPR registration is not a licence or active regulatory oversight. | Open account |
 OKX | Spot maker fee: 0.2% · Spot taker fee: 0.35% | OKX trading fee rules FAQ | not published | 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 New Zealand | accepts New Zealand |
| Local registration | Binance New Zealand operates via Investbybit Limited, registered on the FSPR as FSP1003864 (status Registered, registration date 10-Sep-2022; verified live on the register). Binance's official blog confirms the launch; FSPR registration is not a licence or active regulatory oversight. | not published |
| Official source | Binance trading fees | OKX trading fee rules FAQ |
Using Binance or OKX from New Zealand
Signing up from New Zealand puts Binance and OKX under a local rulebook, and it is not what the fee table alone tells you. Financial Markets Authority (FMA) oversees retail crypto financial services in New Zealand; 'crypto asset service providers' is a named FMA service category, and crypto CFD providers need an FMA derivatives issuer licence. No bespoke crypto licence: NZ-based crypto exchanges fall under 'operating a value transfer service' and must be registered on the Financial Service Providers Register (FSPR) under the Financial Service Providers (Registration and Dispute Resolution) Act, plus AML/CFT Act obligations. How money actually reaches the order book here: Domestic NZD bank transfer: direct credits and automatic payments cleared through the Bulk Electronic Clearing System (BECS) administered by Payments NZ are the standard way to move money between New Zealand bank accounts. New Zealand retail banks began a phased rollout of a Confirmation of Payee service (payee-name checking before sending money) from late 2024, tightening bank-transfer security for deposits. On tax treatment in this market: Inland Revenue treats cryptoassets as a form of property for tax purposes; taxable cryptoasset income is returned under ordinary income tax rules (there is no separate crypto tax, and buying or selling cryptoassets is not subject to goods and services tax). 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 New Zealand; the table above shows which platform wins each row so you can weight what matters to you.
- How is crypto regulated in New Zealand?
- Financial Markets Authority (FMA) oversees retail crypto financial services in New Zealand; 'crypto asset service providers' is a named FMA service category, and crypto CFD providers need an FMA derivatives issuer licence. — No bespoke crypto licence: NZ-based crypto exchanges fall under 'operating a value transfer service' and must be registered on the Financial Service Providers Register (FSPR) under the Financial Service Providers (Registration and Dispute Resolution) Act, plus AML/CFT Act obligations. (source: fma.govt.nz).
- 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
- New Zealand
- 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
- New Zealand
Referral terms vary by region and account state.
Open Binancetrading bonus
OKX
- market
- New Zealand
Referral terms vary by region and account state.
Open OKXRoute fit
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Machine-readable summaryen-NZ / NZ
- Canonical source
- https://chaincosts.com/en-NZ/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.
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- Informational only. Verify provider terms, eligibility, and fees before acting.
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