Binance vs OKX vs Bybit: Comprehensive Fee Comparison 2025
In-depth fee comparison analysis of three major exchanges, including fee structures for spot, futures, options and other trading products.
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Binance vs OKX vs Bybit: Comprehensive Fee Comparison 2025
Choosing the right exchange is key to reducing trading costs. This article provides a comprehensive fee comparison analysis of three major exchanges.
Spot Trading Fee Comparison
| Exchange | Maker Fee | Taker Fee | Referral Discount | Lowest VIP Fee |
|---|---|---|---|---|
| Binance | 0.1% | 0.1% | 20% | 0.02% |
| OKX | 0.08% | 0.08% | 20% | 0.06% |
| Bybit | 0.1% | 0.1% | 20% | 0.08% |
Futures Trading Fee Comparison
| Exchange | Maker Fee | Taker Fee | Referral Discount | Lowest VIP Fee |
|---|---|---|---|---|
| Binance | 0.02% | 0.04% | 20% | 0.012% |
| OKX | 0.02% | 0.05% | 20% | 0.015% |
| Bybit | 0.01% | 0.06% | 20% | 0.008% |
Detailed Analysis
Binance
Advantages:
- Largest global trading volume, best liquidity
- Significant VIP level discounts
- Most comprehensive product line
Disadvantages:
- Base fees not the lowest
- Regulatory restrictions in some regions
OKX
Advantages:
- Lowest base rates for spot trading
- Rich variety of derivatives
- Strong technical innovation capabilities
Disadvantages:
- Slightly lower liquidity than Binance
- Relatively higher minimum VIP rates
Bybit
Advantages:
- Lowest futures maker rates
- Excellent user experience
- Fast customer service response
Disadvantages:
- Spot trading relatively new
- Relatively fewer product lines
Recommendations
High-Volume Traders (Monthly volume >1M USDT)
Recommended: Binance - Largest VIP level benefits
Medium Traders (Monthly volume 100K-1M USDT)
Recommended: OKX - Low base rates, good value
Small Traders (Monthly volume <100K USDT)
Recommended: Bybit - Good user experience, suitable for beginners
Futures Traders
Recommended: Bybit - Lowest maker rates
Conclusion
When choosing an exchange, consider fees, liquidity, security, and user experience comprehensively. It's recommended to choose the most suitable platform based on your trading habits and capital size.