All three sell access, none of them sell shares
Before comparing details, align expectations. When you buyTesla (TSLA)exposure on Bybit, OKX or Binance, you are generally buying a contract whose price tracks the stock, not a share registered in your name.
That means no voting rights and usually no dividends. The upside is access: no broker, no SSN, one dollar minimum and 24/7 pricing.
The cost is that you take on platform and funding risk in exchange.
Instrument coverage
Coverage rotates frequently as venues add or delist products, so verify the ticker list in your own region before funding an account. The broad pattern in 2026 looks like this.
OKX: the deepest tokenized stock list, historically including dozens of megacap names alongside index trackers. Binance: relaunched stock-linked products after a multi-year gap, initially with a smaller but high-profile selection.
Bybit: positioned its stock products inside a broader multi-asset offering, often with promotional pricing in the early phase.
Fees and funding: what actually drains your account
Two costs dominate. Trading fees are charged per transaction and usually sit between a few basis points and about a tenth of a percent depending on tier and whether you used a maker order.
Funding payments are charged periodically for as long as you hold. Funding is the one beginners ignore and the one that compounds.
A seemingly small daily rate translates into a substantial annual percentage, which is why a long-term hold through a tracker product can cost far more than any commission. Compare current figures in ourplatform comparisonbefore choosing.
Leverage, liquidation and other mechanics
Leverage limits, maintenance margin and liquidation rules differ by venue and by product. Higher maximum leverage is not a benefit for beginners
it simply compresses the distance between a normal bad day and total loss. Check three things before your first order: maximum leverage on the specific ticker, whether funding is charged hourly or every eight hours, and whether the position can be liquidated during hours when the underlying stock market is closed.
The last point surprises people most often.
Our practical verdict
If you value the widest instrument coverage and the most mature product design, start with OKX. If you already hold funds and trade frequently on Binance, staying within that ecosystem may be worth a narrower selection.
If Bybit is offering promotional pricing and you intend to hold for days rather than months, its headline economics may win for specific trades. Whichever you choose, keep the first position small, verify an end-to-end withdrawal with a tiny amount before scaling, and re-read our breakdown ofhidden feesso your comparison includes everything, not just the advertised commission.
Frequently Asked Questions
Can I transfer positions between these platforms
Generally no. Tokenized stock positions are not portable between venues, so exit and re-enter rather than expecting a transfer.
Do I own the underlying shares
Usually not. You hold a contract tracking the price, which carries counterparty risk that share ownership does not.
Which is cheapest for a one-week trade
For short holds, trading fees and spreads dominate rather than funding, so compare those two and ignore marketing about leverage.
