OKX vs Crypto.com | Who Has Best Products & Lower Fees?

While OKX is a relatively new entrant in the cryptocurrency exchange market, it has quickly become one of the most versatile platforms for beginners and pros.

The core of OKX's offerings is its spot trading feature where users can invest in over 300 different cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).

While it may not have as extensive a range of altcoins as found on exchanges like Kucoin or MEXC, OKX covers most of the major large-cap coins.

For traders interested in leveraging their positions, OKX offers margin trading. Here, users can long (betting the price will go up) or short (betting the price will go down) over 100 digital assets with up to 10X leverage.

In the derivatives market, OKX stands out with its support for hundreds of USD and crypto-margined futures and perpetual contracts with up to 100X leverage.

These contracts come with the option of using either isolated or cross margin, catering to a variety of trading strategies and risk appetites. Options trading for BTC and ETH is another feature that OKX offers to those that wish to trade European call or put options.

Like many other exchanges, OKX has also incorporated copy trading for beginners who prefer to mimic the trades of professional traders.

Additionally, more experienced traders can use over 10 different trading bots provided by OKX, including spot grid, futures grid, futures and spot Dollar-Cost Averaging (DCA), infinity grid, recurring buys, and others.

For total beginners or those wanting to practice without risk, OKX supports demo trading. This feature allows users to trade with virtual money, providing a safe environment to learn and experiment.

In terms of trading volume, OKX ranks among the world's 5 most popular exchanges with over $3 billion in 24-hour spot trading, and over $28 billion in derivatives trading.

Beyond trading, OKX offers a range of opportunities for users to earn interest on their digital assets including simple earn, staking rewards and dual investments.

These products are available in both flexible and fixed terms with varying Annual Percentage Rates (APRs) depending on the asset.

For users that want to invest in potential high-growth projects from their inception, OKX's Jumpstart launchpad offers access to newly launched tokens such as SUI, RAY, WOO, among others.

Privacy-focused users will appreciate OKX's development of its own Web 3 wallet that provides non-custodial access to over 70 blockchains.

For institutional clients or high-net-worth individuals with at least $10,000 in their trading account, OKX offers an Over-The-Counter (OTC) marketplace. This service allows large-volume trades to be executed privately without impacting the market.

User experience is another strong point for OKX with a modern and user-friendly interface that is easy to navigate, making it accessible for both beginners and professional traders.

Overall, OKX provides a more comprehensive crypto trading and investment platform as compared to Crypto.com that offers a more limited offering.

But while Crypto.com offers a less wide range of product, it does provides access to quite a few features as well.

Crypto.com has surged onto the crypto scene especially gaining momentum in the US and European markets.

This ascent can be traced back to its aggressive marketing strategies which have captured the attention of a vast audience of crypto enthusiasts.

At the heart of Crypto.com’s offerings is its spot trading platform where users can dive into the trading pool with over 290 cryptocurrencies.

For those looking to add a dash of excitement to their trading strategies, Crypto.com offers margin trading where users can long or short cryptocurrencies with up to 5X leverage.

Crypto.com has also expanded its offering with over 100 perpetual and quarterly futures, and a maximum leverage of up to 20X leverage.

The margin and futures trading on Crypto.com is not as sophisticated or extensive and OKX but it's still decent.

Trading automation is also available on Crypto.com with trading bots such as grid, DCA (Dollar-Cost Averaging), and TWAP (Time-Weighted Average Price) being available.

While Crypto.com’s trading volumes does not top the charts, the exchange does rank in the top 30 with a solid $1 billion in 24-hour spot and derivatives volumes.

Beyond the thrill of trading, Crypto.com offers its own version of a financial playground with earn and staking programs.

Here users can generate interest on a variety of digital assets from BTC and ETH to up and coming blockchains such as ADA, DOT, SOL, and ATOM.

The interest rates offered byCrypto.com are a disappointing both when compared to other exchanges, but also when comparing to the rates available when staking directly on the blockchains.

NFT enthusiasts can embark on a digital odyssey with Crypto.com’s vast collection of NFTs and digital collectibles, which features known collections such as Bored Apes and Pudgy Penguins, with support for blockchains such as Ethereum, Polygon and Solana.

For those who prefer to hold the custody of their digital assets, Crypto.com’s non-custodial wallet allows for just that and is available as a desktop wallet, browser extension, or mobile app.

Crypto.com’s OTC section is place for high-net-worth individuals and institutional clients to conduct large-scale trades from $50,000 up to $5,000,000, without making significant moves in the market.