![]() ![]() Users can also connect to the OKX ecosystem through its apps for Android, iOS, Windows, and MacOS. OKX's ecosystem is made up of the crypto exchange, the OKX wallet, copy trading, cryptocurrency trading bots, OKX Earn, OKX Chain, Jumpstart, and DeFi services. It's one of the few CEXs that supports the largest number of fiat currencies-over 43. OKX has been around since 2013, when the company's founder created the OKCoin cryptocurrency exchange. Headquartered in the Seychelles, OKX is among the oldest cryptocurrency exchanges. Although Binance has a decentralized exchange, it isn't as dominant as the centralized exchange. Users can access the Binance ecosystem through the web, desktop apps for Windows, MacOS, and Linux, and mobile apps for Android and iOS. And in the derivatives market, Binance has 229 tradable crypto assets.īinance Exchange, Binance Chain, Trust Wallet, Binance Labs, Launchpad, Binance Academy, Research, Trust Wallet, Charity, and the NFT Marketplace are all parts of the Binance ecosystem. On the spot cryptocurrency market, there are more than 384 coins and about 1,636 assets that can be bought and sold. It was launched in June 2017 and, in about 180 days, became the world's largest CEX. Provisional virtual assets license by the Dubai World Trade Centre Authorityīinance is the largest centralized cryptocurrency exchange for both spot trading and trading in derivatives. It holds licenses and/or registrations for providing various crypto services in France, Italy, Spain, Sweden, Dubai, Abu Dhabi, Bahrain, Lithuania, Poland, Canada, South Africa, New Zealand, Japan, and the US P2P trading, or third-party payment channels Binance vs OKX summaryīuying crypto with 9 fiat currencies with debit/credit cards, direct bank transfers, third-party payment channels, or P2P tradingīuying crypto with over 92 fiat currencies with debit/credit cards, third-party payment channels, or P2P tradingĭirect bank transfer, P2P trading, or third-party payment channels We'll go over their fee structures, talk about the different products, ecosystems, and assets that can be traded, and compare them to each other. In this guide, we'll look at what Binance and OKX have in common and what makes them different. Both Binance and OKX have large cryptocurrency ecosystems that include spot and futures trading, passive income from investments, and access to decentralized financial services and the metaverse.Įven though they both sell products that are similar, they are not the same because their ecosystems are not the same. For complete information on Binance’s listing process, please read CZ’s “ Binance Listing Tips ” on Linkedin.Going by their definition and product offerings, one may easily think that all centralized cryptocurrency exchanges are similar. To know more about Binance’s charity initiatives, please visit Blockchain Charity Foundation’s website. We hope you like this change, and please join us in our charitable initiatives. A large donation does not guarantee or in any way influence the outcome of our listing review process. Binance will continue to use the same high standard for the listing review process. If your coin is still in the listing review process, feel free to update your application with an appropriate number. We will have further updates in this area shortly. This change will further push Binance’s charity initiatives and increase the use of blockchain for the greater good. Project teams will still propose the number they would like to provide for a “listing fee,” or now more appropriately called a “donation.” Binance will not dictate a number, nor is there a minimum required listing fee. Starting immediately, and going forward, we will make all listing fees transparent and donate 100% of them to charity. Binance will make a change to our listing fee policy. ![]()
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