OKX is a leading cryptocurrency exchange and wallet provider based in the Seychelles, trusted by millions of users worldwide. OKX offers a comprehensive suite of services, including spot trading, simple options, margin trading, futures, perpetual swaps, and crypto options. The platform also supports trading bots, block trading, OKX Earn (savings, stablecoins, DeFi, staking, ETH 2.0, and more), crypto loans, and a launchpad called Jumpstart.
The OKX Wallet is branded as a “portal to Web3,” providing users access to a hot crypto wallet, decentralized exchange (DEX), NFT marketplace, and a wide variety of DApps. The wallet supports 30+ networks, including all major blockchains: Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom, and more.
OKX has also launched its own native blockchain — OKX Chain — and its native token, OKB, which powers DeFi, DApps, and on-chain oracles like OKX Oracle.
In January 2022, OKEx rebranded as OKX, unveiling a new design and roadmap to expand user experience and platform features.
OKX (formerly OKEx) is a subsidiary of OKCoin, owned by OK Group. The group was founded by Mingxing “Star” Xu, a Chinese entrepreneur and graduate of the University of Science and Technology Beijing. Xu currently serves as CEO of OK Group. The current CEO of OKX is Jay Hao.
OKX (as OKEx) launched in 2017 and has rapidly grown to become a reliable platform for global crypto traders and investors.
OKX is headquartered in the Seychelles, offering regulatory flexibility and compliance with international standards.
OKX is available in over 200 countries, but services are not available to US residents due to regulatory restrictions.
OKX lists 350+ cryptocurrencies and supports nearly 500 trading pairs. Major tokens available include:
Each asset may have unique trading, deposit, and withdrawal limits. Some coins may be available for trading or conversion only in specific regions or fiat currencies.
OKX uses a maker-taker model. Standard trading fees start at 0.10% and decrease with higher volume. For regular users, fees depend on how much OKB (the native token) is held; for advanced users, fees are based on 30-day trading volume.
| Fee Type | Rate |
|---|---|
| Fixed Fee | $0.50 |
| Percentage Fee | 0.1% – 0.2% |
For example, if you buy $100 worth of Bitcoin by bank transfer, you’ll pay a spread of about $0.10 and a fixed $0.50 fee, for a total of $0.60.
Yes, OKX provides margin trading with up to 10x leverage, and derivatives (futures and perpetual swaps) with leverage up to 125x. Crypto options trading is also available for BTC, ETH, and other major tokens.
OKX is committed to the highest security standards. 98% of user crypto is stored in cold wallets; only 2% is kept hot for trading liquidity. The platform has an insurance fund to cover specific losses due to hacks or theft.
However, there’s no guarantee of full reimbursement for all incidents. Users are responsible for personal account security; insurance does not cover losses from unauthorized access due to weak passwords or user error. OKX offers two-factor authentication, biometric logins (fingerprint, Face ID), and strong data encryption. Always use unique, strong passwords and enable all security features.
Experts recommend major exchanges with strong user bases like OKX for reliability and a wide range of trading tools. OKX is a trusted platform with advanced features for both traders and investors.
OKX supports user education with the OKX Earn program. The learning center features beginner guides and tutorials on various coins and crypto strategies. Users can watch videos and take quizzes to earn free crypto rewards.
OKX Pro is an advanced trading platform with lower fees and more features for high-volume and professional traders. If you’re a frequent trader, OKX Pro offers advanced tools, detailed reporting, and better rates. For long-term investors and beginners, the standard OKX interface is often more suitable.
OKX is perfect for experienced traders seeking a wide variety of coins and advanced tools. Its simple interface and learning resources also help beginners learn the basics. Investors seeking exposure to many coins and margin, futures, or options trading will find everything they need. Main drawbacks: higher fees than some competitors and no control over private keys if you use exchange storage.
OKX remains one of the world’s top crypto exchanges for trading and investing, with strong security, a robust feature set, and a commitment to innovation. While fees are higher and you don’t control your keys on exchange, the benefits outweigh the drawbacks for most users. Review your needs and trading goals before choosing OKX as your platform.
Information updated July 2025
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