OKX is one of the largest crypto exchanges, registered in the Seychelles. It serves millions of clients around the world. The platform was launched in 2017 and has since evolved into an ecosystem with dozens of tools: from spot trading and simple options to leveraged derivatives, trading bots, and the OKX Earn service. Here you can stake coins, open deposits in stablecoins, use DeFi products, or even participate in new project launches through Jumpstart.

OKX Wallet: A Portal to Web3

In addition to the exchange, OKX has its own wallet — a full-fledged portal to Web3. It combines a hot crypto wallet, a decentralized exchange, an NFT marketplace, and access to DApps. More than 50 networks are supported (as of 2025), including all major blockchains: Bitcoin, Ethereum, Solana, Polygon, Avalanche, BNB Chain, Fantom, and others.

The company also has its own infrastructure: the OKX Chain (OKTC) blockchain and the native OKB token, which is used for fees, staking, and ecosystem support. With it, projects can launch DApps, and integrated services like the OKX Oracle operate.

The platform was originally called OKEx, but underwent a rebrand in 2022. That’s when OKX emerged — with a new design and an ambitious roadmap aimed at growth and improving the user experience.

History and Management

OKX was founded by Mingxing “Star” Xu, a Chinese entrepreneur who also created OKCoin in 2013. He now heads OK Group, the parent company of OKX. The CEO of the exchange remains Jay Hao, who drives the brand’s international expansion.

Geography and Restrictions

OKX operates in more than 200 countries. The exception is the United States: American users still cannot access the service due to regulatory restrictions.

Cryptocurrency Offering

The exchange lists more than 400 cryptocurrencies and about 700 trading pairs (updated in 2025). This includes market leaders (BTC, ETH, XRP, SOL, DOT) as well as meme tokens (DOGE, SHIB). The availability of certain assets depends on the user’s country of residence and chosen fiat currency. In some regions, trading is only possible against the US dollar or other major fiat currencies.

Fees and Charges

The model remains classic — maker-taker. The base fee is still 0.10%, but it decreases for active traders or OKB holders. For example, buying $100 worth of Bitcoin via bank transfer would cost about $0.60, including the spread and fixed fee.

Margin Trading and Derivatives

OKX offers up to 10x leverage for margin trading. Futures and perpetual swaps allow leverage of up to 125x. Crypto options are also available. These instruments remain high-risk and are suitable only for experienced traders.

Security

The exchange stores 95–98% of funds in cold wallets. The rest are used to maintain liquidity. OKX has an insurance fund, two-factor authentication, biometrics, and anti-phishing measures. However, as with all centralized exchanges, risks remain, so long-term storage is recommended in personal wallets.

Education and Earning: OKX actively educates its users. The Learn-to-Earn program allows you to watch short videos, take quizzes, and receive small crypto rewards. The Earn section remains a popular tool for staking and savings.

OKX Pro: A separate version of the platform — OKX Pro — is available for active traders. It offers lower fees, more analytics, and an expanded set of tools.

Who Is OKX For?

The platform remains universal: it’s convenient for beginners thanks to its interface and educational resources, and it’s popular among professionals due to liquidity and a wide range of instruments.

Drawbacks include lack of access in the U.S. and the risk of storing funds on the exchange. Fees are generally competitive, though some platforms charge less.

Conclusion

In 2025, OKX continues to hold a leading position among crypto exchanges. It combines broad functionality, a high level of security, and the development of its Web3 ecosystem. Despite restrictions, the platform remains one of the key players in the global crypto market.

FAQ about OKX (2025)

When was OKX launched?

The exchange was launched in 2017 (as OKEx). In 2022, it rebranded and changed its name to OKX.

Who founded OKX?

The founder is Mingxing “Star” Xu, a Chinese entrepreneur and the creator of OKCoin. He now heads OK Group.

Who runs OKX now?

The CEO is Jay Hao. He is responsible for the platform’s global growth.

Where is OKX based?

The headquarters are located in the Seychelles.

In which countries does OKX operate?

OKX is available in more than 200 countries. However, it is not accessible in the U.S. due to local regulations.

How many cryptocurrencies are available on OKX in 2025?

More than 400 coins and around 700 trading pairs.

Which networks does the OKX Wallet support?

More than 50 networks, including Bitcoin, Ethereum, Solana, Polygon, Avalanche, BNB Chain, Fantom, and others.

What are the fees on OKX?

The base fee is 0.10% under the maker-taker model. It decreases for OKB holders or high-volume traders.

Is leverage available?

Yes. Margin trading offers up to 10x leverage. Futures and perpetual swaps go up to 125x.

How does OKX ensure security?

Around 95–98% of funds are stored in cold wallets. There is an insurance fund, 2FA, biometrics, and anti-phishing protection. For long-term storage, personal wallets are recommended.

Is OKX suitable for beginners?

Yes. The Learn-to-Earn program provides education and rewards, while the interface makes buying crypto simple.

Who is OKX best suited for?

Active traders benefit from OKX Pro with lower fees and advanced analytics. Investors use Earn and staking. Beginners can start with educational resources and simple services.