When choosing a cryptocurrency exchange, users in mainland China are most concerned about the platform's accessibility, feature richness, fee levels, and security. Through professional exchange navigation tools like Identification Navigation, users can conveniently access domestic mirror sites of six major exchanges, including OKX, Binance, HTX, and Gate. Below is a detailed comparison of the features, fees, and pros and cons of these six platforms to help users make more informed choices.
Identification Navigation: OKX, Binance, HTX, Gate, Bitget, Bybit
OKX#
Feature Highlights
OKX supports various services including spot trading, contracts, leverage, wealth management, DeFi, and NFTs. The interface is simple and operations are smooth. It supports multi-currency deposits and withdrawals, providing professional-level K-line and depth chart tools, suitable for both beginners and experienced users.
Fee Structure
The spot trading fee is generally 0.1%, and the contract fee can be as low as 0.02% depending on the VIP level. Fees are transparent, with many promotions often reducing fees.
Pros and Cons
Pros: Comprehensive features, high security, strong liquidity, fast customer service.
Cons: Some features may be slightly complex for beginners, and the speed of new coin listings is average.
Binance#
Feature Highlights
Binance is one of the largest exchanges in the world by trading volume, supporting spot trading, contracts, leverage, wealth management, Launchpad, and NFTs. It offers a wide variety of coins, many innovative products, and a complete API interface, making it suitable for quantitative trading.
Fee Structure
The basic spot trading fee is 0.1%, which can be reduced to 0.075% using BNB for discounts. The contract fee is as low as 0.02%. The higher the VIP level, the lower the fees.
Pros and Cons
Pros: Many coins, extremely strong liquidity, rich innovative products, comprehensive security measures.
Cons: There is a certain threshold for beginners, and some features are limited for domestic users.
HTX#
Feature Highlights
HTX supports spot trading, contracts, leverage, wealth management, and mining pools, with a user-friendly interface and convenient operations. It supports various fiat currency deposit channels and has good localization services.
Fee Structure
The basic spot trading fee is 0.2%, and the contract fee ranges from 0.02% to 0.05%. VIP users enjoy lower rates.
Pros and Cons
Pros: Good localization services, high security, large user base.
Cons: The speed of new coin listings is slow for some coins, and promotions are not as rich as other platforms.
Gate#
Feature Highlights
Gate supports spot trading, contracts, ETFs, wealth management, and NFTs, with a wide variety of coins and fast listing speeds for innovative products. The interface is simple and supports multiple languages.
Fee Structure
The basic spot trading fee is 0.2%, and the contract fee ranges from 0.02% to 0.05%. VIP levels can enjoy discounts.
Pros and Cons
Pros: Many coins, fast listings, many innovative products, suitable for users who chase new offerings.
Cons: Some smaller coins have average liquidity, and the interface may occasionally lag.
Other Major Platforms#
In addition to the four major platforms mentioned above, some users may also choose exchanges like MEXC and Bitget.
MEXC is known for its rich selection of small coins and fast listings, making it suitable for users who enjoy trying new things. Bitget focuses on contract trading, has low fees, and many promotions, making it suitable for contract traders.
Feature Comparison
MEXC: Rich in spot, contract, ETF, and wealth management coins, with an active innovation zone.
Bitget: Strong depth in contracts, spot, and wealth management contracts, with prominent copy trading features.
Fee Comparison
MEXC has a spot trading fee of 0.2% and a contract fee of 0.02% to 0.06%.
Bitget has a spot trading fee of 0.1% and a contract fee of 0.02% to 0.06%.
Pros and Cons
MEXC's advantages are its many coins and fast listings, while its disadvantage is that some coins have limited liquidity.
Bitget's advantages are its good contract experience and strong copy trading features, while its disadvantage is that it has fewer coins compared to other platforms.
Summary Analysis#
The main exchanges currently accessible to users in mainland China include OKX, Binance, HTX, Gate, MEXC, and Bitget. In terms of features, OKX and Binance are the most comprehensive, suitable for diverse needs; HTX offers good localization services, ideal for users who prioritize a Chinese experience; Gate and MEXC have a rich selection of coins, suitable for users who chase new offerings; Bitget excels in contract trading, making it suitable for contract traders. In terms of fees, Binance and OKX generally have lower rates, with greater advantages at higher VIP levels. When choosing, it is recommended to consider personal needs, trading habits, and platform security, reasonably diversify assets, and enhance the trading experience. Through Identification Navigation, users can easily access domestic mirror sites of major platforms, saving time and effort.