OKX offers a list of 7,800+ cryptocurrencies with up to 12x leverage in futures and margin markets, enabling market and limit executions. It has designed a user-leveling structure for fee discounts with 9 levels based on thetrading volume and/or balance.
OKX: Company Information + Regulation
OKX, operated by OKCoin Europe LTD, is a digital asset trading platform licensed by the Malta and Dubai Financial Services Authorities. This exchange was established in 2017 by "Star Xu" and rebranded from OKEx in 2021.
According to the latest data from CoinMarketCap, OKX is the fifth-largest exchange in the world in terms of trading volume.
Star Xu is the CEO of this crypto exchange, Hong Fang is the board's chairman, and Haider Rafique is its CMO. This team has demonstrated its commitment to obtaining licenses and regulatory approvals and has received the following approvals.
- Malta Financial Services Authority
- Dubai Virtual Assets Regulatory Authority (VARA)
- France Digital Asset Service Provider (DASP)
- Securities Commission of The Bahamas (SCB)
More About OKX's CEO
With a background in engineering and physics, Star launched OKX to pioneer Web3 innovation and global crypto adoption. Under his leadership, OKX has grown into a leading blockchain ecosystem, offering trading platforms, wallet services, and long-term value through decentralized technology.
You can follow Xu on LinkedIn through the link below:
OKX Exchange Summary of Specifications
The exchange offers more than 7800 tradable cryptocurrencies, but is it available in your country? Besides the answer to this question, here's a table summarizing the key specifications of the OKX exchange.
Exchange | OKX |
Launch Date | 2017 |
Levels | 9 levels |
Trading Fees | Varies Based on Level |
Restricted Countries | Iran, North Korea, Syria, Hong Kong, Bangladesh, Cuba, USA, US territories, Bolivia, Crimea, Donetsk, and Luhansk |
Supported Coins | 7800+ |
Futures Trading | Yes |
Minimum Deposit | Varies by Payment Method |
Deposit Methods | Cryptocurrency, Local Bank Transfer, Skrill, Neteller, SEPA, FasterPay |
Withdrawal Methods | Cryptocurrency, Local Bank Transfer, Skrill, Neteller, SEPA, FasterPay |
Maximum Leverage | 10x For Margin Trading/12x for Futures Trading |
Minimum Trade Amount | Varies on the coin |
Security Factors | SSL encryption and Two-Factor Authentication, Risk Shield |
Services | Options, Trading Bots, Marketplace, Staking |
Customer Support Ways | Chat & FAQ |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Limit/Market |
Native Token | OKB |
Advantages and Disadvantages
Low trading fees, a high-quality mobile app, and a wide range of assets are some of the advantages of OK Exchange, but what about its disadvantages?
Pros | Cons |
More Than 7800 Coins Listed | Not available in Canada and Some Other Regions |
Low Trading Fees | Support with Few Communication Channels |
Great Reputation | - |
Advanced Trading Features (Futures, Derivatives, and Bots) | - |
Passive Income Opportunities Through the Earn Program | - |
User-friendly Interface on Desktop and Mobile | - |
Native Coin with Multiple Usages | - |
User Levels
OKX has introduced a new lead trader level system to ensure authenticity, and it includes 9 levels from lvl 1 to VIP 8. These levels are achievable through increasing balance (EUR) and 30-day trading volume (EUR).
Tier | Assets (EUR) | 30-day trading volume (EUR) |
Lvl 1 | 0 - 20,000 | 0 - 100,000 |
VIP 1 | 20,001 - 25,000 | 100,001 - 250,000 |
VIP 2 | 25,001 - 50,000 | 250,001 - 500,000 |
VIP 3 | 50,001 - 250,000 | 500,001 - 2,500,000 |
VIP 4 | 250,001 - 500,000 | 2,500,001 - 5,000,000 |
VIP 5 | 500,001 - 1,000,000 | 5,000,001 - 10,000,000 |
VIP 6 | 1,000,001 - 2,000,000 | 10,000,001 - 20,000,000 |
VIP 7 | 2,000,001 - 5,000,000 | 20,000,001 - 50,000,000 |
VIP 8 | 5,000,001+ | 50,000,001+ |
Fees and Commissions
OKX employs a tiered fee structure based on user levels and trading volumes. These fees vary by levels, and User levels may change every day. Fees in OKX:
Tier | Maker Fee | Taker Fee |
Lvl 1 | 0.140% | 0.230% |
VIP 1 | 0.090% | 0.180% |
VIP 2 | 0.070% | 0.140% |
VIP 3 | 0.050% | 0.090% |
VIP 4 | 0.040% | 0.080% |
VIP 5 | 0.000% | 0.070% |
VIP 6 | -0.005% | 0.050% |
VIP 7 | -0.010% | 0.040% |
VIP 8 | -0.010% | 0.030% |
Unfortunately, there is no detailed information about OKX fees in derivative markets such as futures and options. The exchange also does not provide information about deposit and withdrawal fees.
Which Assets and Coins are Listed on OKX Exchange?
OKX offers its customers a diverse selection of more than 7,800 cryptocurrencies on various blockchains. As of today, the exchange supports:
- Major Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP)
- Layer 1: Solana (SOL), Toncoin (TON), Cardano (ADA)
- Layer 2: Polygon (MATIC), Arbitrum (ARB), Immutable X (IMX), Optimism (OP)
- Meme Coins: Dogecoin (DOGE), Pepe (PEPE)
- DeFi: Uniswap (UNI), Maker (MKR), 1inch (1INCH)
Futures and Margin Trading Overview
OKX offers advanced trading options, including futures market and margin trading. Here's an overview of these features.
Margin Trading
The exchange offers margin trading possibilities to its customers based on these specifics:
- Borrow assets from the exchange to leverage positions
- 10x Maximum leverage
- Options to "Buy (Long)" or "Sell (Short)" based on market outlook
- Interest accrues under cross and isolated margin modes
Futures Trading
You can trade futures contracts on the exchange with these details:
- Available for various cryptocurrency pairs
- Allows traders to speculate on future price movements
- 12x maximum leverage
Sign Up and Verification: Step-by-Step Guide
OKX has a user-friendly interface, so you can register on this exchange in less than 5 minutes by following 6 steps. Each step of the OKX registration process will be reviewed here:
#1 Choose Your Region and Accept Terms
Go to the Sign Up page, select your country of residence, review the Terms of Service, and proceed.
#2 Submit Contact Details and Verify
Enter your email (plus optional referral code), get the verification code, and confirm.
Then input your mobile number, receive the SMS code, and validate it.
#3 Create a Password and Secure Your Account
Set a strong password and activate biometric security (Passkey via Google or Windows Hello) for advanced protection.
Your OKX dashboard will unlock after this step.
#4 Begin Verification from Account Dashboard
Log into your OKX account, click your profile avatar, and select “Verification”.
Choose between Individual or Institutional account types and agree to the terms before proceeding with OKX verification.
#5 Choose Region and Upload Identification
Select your country of residence, then choose an official ID document (Passport, National ID, or Driver’s License).
Proceed by confirming the document type to be used for identity validation.
#6 Switch to Mobile and Submit Documents
Use the QR code or direct link to switch to mobile. Upload both sides of your ID and complete a live selfie scan.
The system reviews your submission, typically within 2 minutes.
#7 Address Confirmation and Document Upload
Provide your residential address in full, including ZIP/postal code.
Upload a valid proof of address (utility bill, bank statement, or tax letter). Make sure the file includes your name, full address, and a recent issue date within the last 3 months. Approval usually takes up to 24 hours.
How to Trade Crypto on OKX
To buy or sell crypto on OKX, first sign in to your account and complete identity verification (KYC) if needed. Then:
- Deposit Funds: Choose between crypto deposit or fiat deposit (via bank card, P2P, or third-party);
- Go to "Trade": Select either Basic (Convert) for a simple swap, or Spot/Advanced for chart-based trading;
- Choose Your Trading Pair: For example, BTC/USDT;
- Select Order Type: Market (instant), Limit (set price), or more advanced options;
- Enter the amount and click Buy or Sell.
Once the order is matched, the asset will appear in your Funding or Trading account. You can withdraw, transfer, or stake from there.
OKX Cabinet Overview
The OKX Cabinet provides traders with a streamlined dashboard to monitor assets, funding history, and total portfolio value in real time. With clear allocation insights and instant access to deposit, withdrawal, and transfer tools, it ensures a smooth user experience.
Key Highlights:
- Estimated portfolio value instantly displayed in USD;
- Recent funding history shows deposits and transfers with timestamps;
- Asset section provides detailed breakdown of holdings, including USDT balances;
- Quick actions (Deposit, Convert, Withdraw, Transfer) available with one click.
This centralized cabinet gives traders the clarity they need to manage capital efficiently on the OKX exchange.
Applications and Platforms
OKX launched its versatile application in 2019, two years after its establishment. This means that traders can trade in this exchange using the application in addition to the website. The OKX exchange application is available on PC and mobile phones.
App for Desktop
The OKX desktop app offers a powerful and professional-grade trading platform with High liquidity and low-latency API connectivity, Margin trading, and advanced tools for customized strategies.
App for mobile
The OKX app in the Play Store has received 4.4/5 from 903K reviews. It’s available for both Android and iOS devices.
Extension for Browsers
The OKX wallet web extension enhances your browsing experience with Web3 capabilities. It supports the creation or import of wallets and enables the management of cryptocurrency holdings across multiple blockchains.
OKX Exchange Trading Volume
Over the past 3 months, OKX's trading volume has shown consistent fluctuations, ranging from under $1B to above $6B daily, reflecting dynamic trader engagement. While late July marked a significant surge, August started with a sharp dip before stabilizing near $3–4B.
- Peak activity occurred in mid-to-late July, reaching above $6B;
- Notable volume drops were seen around early June and early August;
- Volume trends indicate strong market reactions to broader crypto movements;
- Despite volatility, average daily volume often remained above $2B, signaling sustained liquidity.
OKX Services
This exchange, as one of the well-known players in the industry, offers a wide range of services that could prove useful to advanced users:
Service | Availability |
TradingView Integration | Yes |
Auto Trading (Bots) | Yes |
API Access | Yes |
P2P Trading | Yes |
OTC Trading | No |
| Yes | |
Launchpad | Yes |
NFT Marketplace | No |
Referral Program | Yes |
DEX Trading | No |
Auto-Invest (Recurring Buy) | No |
Is OKX Exchange Secure?
Security is a top priority for OKX, and the exchange has implemented several measures to protect user funds and data:
- Offline cold storage for the majority of user funds
- SSL encryption and two-factor authentication for account protection
- OKX Risk Shield (asset risk reserve fund) to safeguard against potential security breaches
- Regular security audits and bug bounty programs
- Self-custody wallet with multi-chain functionality and biometric authentication
- Mobile app security features, including password protection and network protection software
Website and Platform Security Rankings
The exchange's infrastructure has received high evaluation scores from reputable sources in terms of security and safety measures:
- OKX CertiK Skynet Score: 94/100, 16th in the Skynet ranking
- OKX CER.live Rating: 90/100, fifth in the ranking among crypto exchanges
The table below goes into more detail regarding the evaluations and important factors:
Category | Parameter | Value |
Certik Skynet Score | Overall Score | 94.00 / 100 (AAA) |
Code Security | 95.00 | |
Governance | 95.00 | |
Market | 95.00 | |
Operational | 82.85 | |
Community | 95.00 | |
Fundamental | 87.68 | |
CER.live Security Score | Overall Score | 90 / 100 (AAA) |
Server Security | 100 / 100 | |
User Security | 100 / 100 | |
Penetration Tests | 100 / 100 | |
Bug Bounty | 100 / 100 | |
ISO 27001 | Yes | |
CCSS | No | |
Funds Insurance | Yes |
Withdrawal and Deposit Methods
OKX supports various withdrawal and deposit methods to accommodate different user preferences, including:
- Cryptocurrency
- Local Bank Transfer
- FasterPay
- SEPA
- Skrill
- Neteller
OKX USDT TRC20 Deposit Guide
Deposit USDT via TRC20 on OKX in just 1–2 minutes. Start by clicking “Deposit”, then select USDT and choose the TRC-20 (TRON) network.
Copy the generated address or scan the QR code using your TRON-compatible wallet.
Send at least 0.01 USDT, confirm, and track the transaction in Funding History. Your funds become withdrawable after 38 network confirmations.
For safer OKX TRC20 deposit transfers, ensure the address is TRC-20-compatible. You can also track your deposit using TRONSCAN.
It's worth noting that TRC20 is faster and cheaper than ERC20, making it ideal for frequent deposits.
OKX USDT TRC20 Withdrawal Instruction
With OKX USDT TRC20 withdrawal, users can transfer Tether (USDT) to external wallets via the Tron network, completing the process in just four streamlined steps. After verifying their identity, users:
- Navigate to the Withdraw section under Assets;
Click on the button on the OKX website - Choose USDT and select the TRC20 on-chain option;
- Fill in wallet details and confirm via email and SMS codes;
Provide the address and specify the network for OKX deposits - Track the payout status, TXID, and fees in the history tab.
Each OKX TRC20 withdrawal transaction incurs a 2.3 USDT fee, with most requests processed within 2 minutes. For internal transfers within OKX, users can avoid fees entirely.
OKX Exchange Trust Scores
When we checked OKX's trust score on different sites, we found that although the exchange's score is mediocre (3.2/5) in Trustpilot, it has great scores on other sources, including CoinGecko.
- OKX Trustpilot: 3.2/5 based on 1,600+ reviews
- OKX CoinGecko: 10/10
OKX Features
The exchange has a set of additional features and products for acitivities beyond trading:
Staking | Yes |
Yield Farming | No |
Social Trading | Yes |
Launchpool | No |
Crypto Cards | No |
OKX Bonus Details
The brokerage offers a promotional offer to its clients that is specifically designed for newly registered accounts.
Factor | Details |
Program Name | New User Bonus Program |
Eligibility | New users who register via official channels |
Required Actions | Complete tasks like fiat deposits (e.g., SEPA, iDEAL) or crypto trades within 14 days |
Reward Visibility | Displayed under the Welcome Rewards section |
Reward Conditions | Rewards may vary; bonuses can be locked for up to 90 days unless a €200 balance is held for 30 cumulative days |
Sub-Account Eligibility | Not eligible |
Disqualification Causes | Fraudulent activity or violation of OKX Terms of Service |
Modification Rights | OKX may change or cancel the program at any time |
New User Bonus Program
OKX offers a limited-time Welcome Bonus for new users who register via official channels. To qualify, complete required tasks such as fiat deposits (e.g., SEPA, iDEAL) or crypto trades within 14 days of signup.
Rewards are visible under the Welcome Rewards section and may vary per user. Bonuses might be locked for up to 90 days, unless a €200 balance is maintained for 30 cumulative days.
Sub-accounts are not eligible. Fraudulent behavior or breach of OKX Terms of Service will result in disqualification.
Note that OKX may amend or cancel the program anytime.
Customer Services and Support
OKX provides comprehensive customer support to assist users with various aspects of their trading experience:
- 24/7 live chat
- Email at support@okx.com
- Detailed support center with step-by-step guides, FAQs, and troubleshooting information
Which Copy Trading and Investment Services Does OKX Offer?
An OKX copy trading service is available, allowing users to automatically replicate the trades of experienced "lead traders" on the platform.
Besides that, there are other services on this platform, such as:
- Earn (Staking with 100+ assets)
- Liquid Marketplace
- VIP Loan
- Affiliate
OKX List of Restricted Countries
OKX operates through various legal entities in different jurisdictions but restricts or prohibits the use of its services in certain locations. Current restricted locations include, but are not limited to:
- Afghanistan
- North Korea
- Iran
- Syria
- Nigeria
- Japan
- Canada
- Certain Jurisdictions within the United States
OKX reserves the right to update this list of restricted locations at its discretion, so users should check regularly.
OKX in Comparison to Other Top Crypto Exchanges
The table below is a fair comparison between OKX and other prominent crypto players:
Features | OKX Exchange | Gate.io Exchange | Bitget Exchange | |
Number of Assets | 7800+ | 400+ | 2800+ | 10000+ |
Maximum Leverage | 1:12 | 1:125 | 1:100 | 1:125 |
Minimum Deposit | N/A | $1 | Varies by Payment Method | $15 |
Spot Maker Fee | -0.01% - 0.14% | 0.02% - 0.1% | From -0.005% | 0.10% |
Spot Taker Fee | 0.03% - 0.23% | 0.04% - 0.1% | From 0.025% | 0.10% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | No | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes | Yes |
Writer's Opinion and Conclusion
OKX has a 3.2/5 score on Trustpilot, receiving over 1,600 user ratings and reviews. CoinGecko, based on its own algorithms, has evaluated this crypto exchange with a 10/10 trust score. The company does not offer a phone channel, but provides 24/7 support via a live chat option.