OKX is a high cryptocurrency change previously known as OKex. It was based in 2017 to supply crypto buyers a user-friendly platform for purchasing, promoting, and buying and selling crypto belongings. OKX has a clear interface, offers automated buying and selling instruments, and affords alternatives to earn passive earnings by numerous crypto merchandise, making it a best choice for knowledgeable and new merchants.
OKX crypto change is taken into account protected to purchase and promote crypto in 2025 for freshmen and grasp merchants. The buying and selling platform affords numerous safety measures, like chilly storage, anti-phishing codes, and a danger protect to guard customers and digital belongings.
Along with safety features, this OKX assessment will illuminate some fundamental details about OKX and supply data to reply the next questions: The place is OKX primarily based? What are OKX supported and restricted nations? What are OKX buying and selling charges?
Lastly, additionally, you will achieve insights into the very best options of OKX’s crypto change, find out how to open a brand new account and commerce on OKX, and whether or not OKX is protected and legit for buying and selling crypto and Bitcoin in 2025.
OKX Overview: What’s It?
OKX is a cryptocurrency change that gives user-friendly buying and selling interfaces and choices, akin to spot, margin, and futures contracts. The platform additionally offers superior instruments, akin to crypto buying and selling bots, block buying and selling, and a portal to the Web3 ecosystem.
OKX crypto change additionally runs its personal blockchain, the X-layer blockchain community, and a local token, OKB. This native token is used to pay buying and selling charges, reward buyers for holding OKB by OKX earn applications and grant customers entry to voting and governance on the buying and selling platform.
The change has many extra options, which we are going to talk about additional on this article. However earlier than we get into the complete OKX crypto change assessment, right here’s a abstract of fundamental details about all of the options and companies the OKX crypto platform affords.
ExchangeOKXFounded 2017HeadquartersSeychellesFounder Star XuOptionsSpot buying and selling
Derivatives (margin, futures, perpetual, and choices)
Automated buying and selling instruments (bots and duplicate buying and selling)
OKX Earn (staking, lending, and so forth.)
NFT market
Crypto borrowing
Supported Cryptocurrencies & Buying and selling Pairs350 cryptocurrencies and greater than 500 buying and selling pairs.Safety Measures OKX danger protect, chilly pockets storage, multi-factor authentication (MFA), and anti-phishing measures.Margin Buying and selling SureChargesLow charges. 0.08% maker and 0.10% taker charges.Buying and selling Choices Spot, futures, margin.Cost StrategiesVisa, financial institution switch, cryptocurrency, MasterCard, and Apple Pay.Geographic RestrictionsOKX is just not supported within the following places: the US, Belgium, France, Iran, Cuba, Bangladesh, North Korea, Bolivia, Malta, Crimea, and Syria.
The place is OKX Primarily based?
OKX is predicated in Seychelles, however its world presence extends far past that. As a supplier of crypto change and Web3 companies, OKX operates places of work in key places worldwide, together with Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas, making certain complete help for its customers worldwide.
What are OKX Supported International locations?
OKX helps cryptocurrency buying and selling in over 100 nations, together with South Africa, Singapore, Kenya, Australia, the Netherlands, Argentina, and Seychelles. Its broad attain ensures a seamless buying and selling expertise for customers throughout various areas worldwide.
Register on OKX as we speak and Get a 30% low cost on buying and selling charges and as much as USD 10,000 for brand new consumer rewards.
Is OKX Obtainable in US?
No, OKX change is just not obtainable within the US. Nevertheless, they provide Web3 companies to US customers.
What are OKX Restricted International locations?
OKX change has some partially restricted nations, whereas others are prohibited utterly. Customers in nations that aren’t absolutely restricted have restricted entry to the platform’s companies. A few of them embody:
Belgium, Japan, Malaysia, and Cuba: Customers in these places are restricted from utilizing margin and derivatives-related companies, together with futures, perpetual, and choices buying and selling.Canada: Current customers can entry OKX, however new OKX account registrations should not allowed on the time we write this assessment.Hong Kong: The corporate’s derivatives companies are unavailable in Hong Kong.The UK, the Bahamas, and the Netherlands: These nations are prohibited from utilizing the platform’s derivatives-related companies.
Observe: Potential customers from most of those nations can not at present register on OKX. Solely present merchants can use the permitted services and products on OKX.
OKX Fully Restricted International locations
OKX crypto buying and selling change is unavailable to merchants in america and its territories, Belgium, France, Iran, Cuba, Bangladesh, North Korea, Bolivia, Malta, Crimea, Syria, Donetsk and Luhansk areas, and Eire.
The corporate would possibly replace the record of restricted nations as rules in these places evolve. If you’re interested by utilizing their companies, frequently verify for updates or, higher nonetheless, discover different options.
What are OKX Buying and selling Charges?
OKX buying and selling charges are primarily based in the marketplace taker and maker mannequin like many different exchanges. OKX change has low buying and selling charges, beginning at 0.10% for takers and 0.08% for makers, and better VIP-level merchants pays decrease charges than this commonplace.
The maker is the dealer who created a restrict order to promote their crypto. As a result of this order is just not crammed instantly, some exchanges, together with OKX, cost them decrease charges as a result of they add liquidity to the platform. On the flip aspect, the taker picks up an present order or purchases the crypto the maker sells from the order e book. These merchants need their orders crammed instantly, thereby taking liquidity away from the platform.
For instance, if the present ETH lowest ask worth is 2,700 USDT and also you create a maker order with a bid worth of 2570 USDT, this order can’t be crammed instantly. OKX will enter it into the order e book till somebody (a taker) fills it.
Here’s a rundown of the charges for spot, futures, choices, and spreads buying and selling on the OKX crypto change.
1. Spot Buying and selling Charges
OKX expenses common customers 0.10% for takers and 0.08% for makers. The spot interface permits customers to purchase or promote crypto instantly or when the actual coin reaches a selected worth, relying on whether or not they select a market or restrict order.
Because the platform makes use of a tiered score that relies on merchants’ 30-day buying and selling quantity and the variety of OKB tokens the merchants maintain, transaction charges could be discounted to 0%.
Observe: The above charges are for USDT pairs. OKX expenses much less charges for crypto, different stablecoins, and fiat pairs relying on customers’ 30-day buying and selling quantity.
2. Futures Buying and selling Charges
For futures contracts, OKX expenses;
Taker Charge: 0.05% for non-VIP customers.Maker Charge: 0.02% for non-VIP customers.
The charges are decrease for VIP customers, with VIP 1 customers paying 0.03% (taker) and 0.01% (maker) for futures. The picture beneath summarizes the charges for numerous VIP ranges by buying and selling quantity or quantity of OKB token the consumer is holding.
3. Choices Buying and selling Charges
OKX transaction charges for choices begin at 0.02% for makers and 0.03% for takers, and the choices charges are calculated in a different way, though buying and selling quantity can also be an essential issue right here. OKX additionally expenses a compelled liquidation charge and an train charge, which isn’t relevant if you happen to provoke a 1-day choices that doesn’t expire on Friday.
4. Spreads Buying and selling Charges
A 50% low cost applies to the usual charge fee for all customers on unfold buying and selling charges. So, if you’re VIP 1 opening a BTC/USDT-margined perpetual unfold, the transaction charge can be 0.04% for makers and 0.05 for takers.
What are the Finest Options of OKX Crypto Trade?
The very best options of OKX are the OKX buying and selling bot, OKX copy buying and selling, OKX pockets, and OKX cellular app. Right here’s a rundown of those options and the way they guarantee a clean buying and selling expertise for freshmen and superior merchants alike.
OKX Buying and selling Bot
The buying and selling platform affords about 11 bots to assist customers automate their trades and earn even when they’re inactive. The grids embody spot and futures grid, futures DCA, good arbitrage, spot DCA (martingale), recurring purchase, sign bot, iceberg, TWAP, good portfolio, and arbitrage.
Here’s a breakdown of how a few of these bots enable you earn extra with out continually monitoring your trades.
Spot Grid
The Spot grid mode splits your beginning funds between the 2 digital belongings of your chosen buying and selling pair, say BTC/USDT. The bot then creates a grid of worth factors between the higher and decrease limits and divides your capital equally between the variety of grids used.
The bot robotically buys extra of the asset when the worth drops to a decrease grid degree. Then, when the worth rises to an higher grid degree, the spot grid bot robotically sells among the belongings.
Every time the worth reaches the higher grid line, the bot robotically sells a portion of the asset and buys the traded asset when the worth reaches the decrease grid line. You earn cash from the distinction between the costs at which the bot buys and sells.
Futures Grid
The futures grid goals to earn cash from worth fluctuations inside a spread. OKX affords numerous varieties of futures grid methods:
Lengthy Futures Grid: The bot buys futures on the present worth and sells them when the worth rises. This technique is greatest for markets which can be anticipated to go up however nonetheless have some volatility.Quick Futures Grid: The bot sells futures on the present worth and buys them again when the worth drops. This technique is greatest for markets that anticipate to go down however nonetheless have some volatility.Impartial Futures Grid: The bot trades in each instructions, shopping for when the worth is low and promoting when it’s excessive, irrespective of the market pattern.
The purpose of the futures grid is to earn small earnings from every worth motion, whether or not the market goes up or down or staying inside a spread.
Good Arbitrage
OKX good arbitrage helps merchants make regular earnings whereas decreasing the chance of worth modifications available in the market. It makes use of a Delta-neutral technique, which implies holding equal however reverse positions in two markets:
Shopping for a cryptocurrency within the spot market (lengthy place).Promoting the identical cryptocurrency within the perpetual swap market (brief place).
This bot helps stability positive factors and losses, so worth modifications have much less affect, and earnings come from funding charges earned throughout the holding interval. There are two varieties of good arbitrage methods on OKX:
Customized Mode: You select your technique and set revenue targets.Good Mode: The system recommends the very best technique and robotically manages profit-taking, stop-loss, and changes.
In contrast to good arbitrage, there are 4 methods to arrange the OKX futures and spot bots. You’ll be able to both set the parameters primarily based in your evaluation, fill in parameters really helpful by the crypto buying and selling bot, use AI technique, or copy lead merchants’ successful bots.
OKX Copy Buying and selling
OKX copy buying and selling is a program that permits new customers to repeat methods from extra superior merchants and robotically execute them within the spot or futures markets. Whenever you copy a seasoned dealer, you’ll imitate their trades and robotically open and shut positions when the dealer you copy opens or closes theirs.
Transaction charges for the trades customers copy are often the identical because the common charges for the consumer’s tier degree. Nevertheless, you have to to share your revenue with the lead dealer, often about 8 – 13% of your outcomes. Moreover, you possibly can set a most quantity per order and a most quantity for the dealer you might be copying.
As an example, you possibly can set your most quantity per order at 50 USDT and your most quantity for the dealer at 500 USDT. After the lead dealer has opened 10 positions, you’ll have an invested margin of 500 USDT, which is your most restrict. So, if the dealer opens an eleventh place, you gained’t copy them.
OKX Pockets
OKX Pockets is now one of many best-decentralized wallets in the marketplace. It helps many blockchain networks and permits customers to entry and discover the Web3 world. In contrast to the OKXX change, with the OKX pockets, you’ve gotten full management of your belongings and personal keys as a result of the pockets is solely decentralized and non-custodial.
The OKX Web3 pockets is designed to supply a full-fledged and seamless Web3 expertise. It has a built-in DEX aggregator for multi-chain and cross-chain transactions, so you possibly can swap between supported networks as a substitute of making a number of wallets on numerous chains.
Moreover, you possibly can interact in yield farming, undergo the NFT market, and discover over 1,000 DApp protocols. Now, listed here are the advantages of utilizing the OKX web3 pockets:
Provides you full management and possession of your belongings and pockets.Fast crypto withdrawals with out an approval course of, in contrast to crypto exchanges.Multi-chain pockets that robotically acknowledges and connects to totally different blockchain expertise networks with out requiring guide consumer switching.Handle crypto belongings on over 60 chains, together with Ethereum, Aptos, Optimism, and BSC.Obtainable on iOS, Android, and internet browsers.
Do not forget that the OKX Web3 pockets doesn’t save your seed phrase, non-public key, or password; you might be chargeable for these.
OKX Cellular App
OKX affords a cellular app with a user-friendly interface for purchasing, promoting, buying and selling, and managing crypto even if you find yourself on the transfer. In contrast to the desktop interface, the OKX app offers a easy and clear view, excellent for freshmen, and a complicated mode for extra skilled merchants.
The OKX app is accessible on Apple Retailer and Play Retailer, and the registration course of is simple. Whereas the cellular app model is quicker and extra user-friendly, it nonetheless has all of the instruments obtainable on the internet interface and every little thing you should handle your digital belongings.
With a couple of faucets, you possibly can simply purchase, promote, and convert crypto utilizing fiat or different crypto belongings, though fiat withdrawals might not be as clean as crypto withdrawals. Customers also can discover the varied buying and selling choices, set limits, and market orders with TP/SL, path stops, and so forth., as you’d do within the desktop model.
As well as, the OKX app affords margin buying and selling with leverage of as much as 10X. For derivatives, its futures contracts and perpetual swaps have leverage as much as 125X, and you may set alerts to obtain notifications when particular modifications happen in your trades.
How one can Open New Account and Commerce on OKX?
Comply with these steps to open an account and commerce on OKX.
Step 1: Choose your nation or area and conform to the phrases and privateness settlement, then click on “Subsequent.”
Step 2: Use your e mail to register and add the OKX referral code “CNJREVIEW.”
Step 3: OKX will e mail you a verification code. When you add the code, it’s time to confirm your quantity. They may ship you one other code by way of textual content.
Step 4: Create a safe password to guard your OKX account. We advocate creating at the very least a 12-word lengthy password.
Step 5: Confirm your identification by finishing the KYC verification course of. OKX will confirm your paperwork inside 24 hours.
To begin buying and selling crypto on OKX, comply with the next steps:
Step 1: Deposit Funds
It’s essential fund your OKX account to start cryptocurrency buying and selling on OKX. You’ll be able to deposit cryptocurrency from one other pockets or use fiat choices like bank cards (Visa, Mastercard), financial institution transfers, or peer-to-peer (P2P) transactions.
If you wish to deposit crypto, go to the ‘Belongings’ tab and choose ‘Deposit.’ Select the cryptocurrency and the community you wish to deposit. Then, switch the cryptocurrency to the generated pockets tackle.
Step 2: Select Your Buying and selling Methodology
Go to the ‘Commerce’ part to see the varied buying and selling choices OKX crypto change affords. Relying on the type of commerce you wish to do, select between spot or derivatives (futures, margin, and perpetual swaps).
For freshmen, beginning with the spot market or utilizing the copy buying and selling software to mimic skilled merchants is advisable.
Step 3: Place Your First Commerce
Choose the pair you need from the spot or futures market, like PEPE/USDT or BTC/USDT. Since that is your first commerce, we advocate you employ a small sum of money to commerce.
Use the order window on the best to put purchase or promote orders. You’ll be able to select between totally different order varieties:
Market Orders: Execute instantly at present costs.Restrict Orders: Set a selected worth you wish to purchase or promote crypto.Cease Orders: Execute when a sure worth situation is met.
Lastly, affirm your order, and it is going to be executed in keeping with the order varieties you select.
Does OKX Require KYC?
Sure, OKX does require KYC. The method is much like that of different exchanges. To verify your identification, you should submit private identification paperwork, akin to a selfie, a passport, or a driver’s license. Be sure that the knowledge in your ID matches the area/nation you picked throughout the account registration course of.
Is OKX Protected and Legit to Commerce Crypto and Bitcoin?
OKX is protected and legit to commerce crypto and Bitcoin. The platform is taken into account as one of many greatest cryptocurrency exchanges with the cleanest interfaces. It’s designed with easy and superior modes to cater to numerous customers. Moreover, if you’re a newbie, the cellular app is best for studying, and also you don’t have to fret about lacking something as a result of it has all of the options on the desktop model.
OKX affords some safety features, together with offline asset storage, a danger protect, multi-factor authentication, passkeys, anti-phishing codes, and withdrawal tackle whitelisting.
Chilly Pockets Storage
95% of belongings on OKX are saved in offline wallets, which aren’t inclined to hacks and safety breaches. The corporate limits how a lot cryptocurrency could be saved in a single chilly pockets tackle to additional defend consumer funds belongings saved offline.
Every tackle can maintain a most of 1,000 BTC. This spreads the whole quantity of offline belongings throughout a number of wallets, stopping a single level of failure. As soon as the funds in a single chilly pockets are withdrawn, new deposits will not be obtained.
OKX Danger Protect
OKX crypto change units apart a share of the platform’s belongings, over $700 million, to safeguard cash and customers from potential breaches. The chance fund is much like Binance’s Safe Asset Fund for Customers (SAFU), which protects in opposition to safety breaches and market volatility.
3. Multi-factor Authentication
When you open an account on OKX, it is very important up your safety. You are able to do this by the profile icon. There, you can find numerous safety measures to activate.
Begin with two-factor authentication (2FA), then activate passkeys and authenticators. When you determine to activate the Google Authenticator app, hold the code you’ll be given safely. When you lose your cellphone or change gadgets, you need to use it to log in to your authenticator app.
4. Anti-phishing Codes
This safety characteristic permits customers to double-proof their account safety. Whenever you activate it, OKX will e mail you a code that helps you differentiate between reliable communications and suspicious emails.
5. Proof of Reserves
OKX printed their December 2024 proof of reserve knowledge they usually’re holding over USD 30.8 billion in reserves. This consists of among the hottest cryptocurrencies like Bitcoin (105%), Ethereum (102%), and stablecoins akin to Tether USDT (106%) and USD Coin (100%).
The PoR is printed month-to-month, and the corporate makes use of superior cryptographic strategies, together with zero-knowledge proofs, to make sure full transparency whereas defending consumer privateness. You’ll be able to independently confirm your belongings by OKX’s dashboard and public pockets addresses.
6. Withdrawal Handle Whitelisting
OKX permits customers to decide on which pockets addresses are allowed for withdrawals by the tackle whitelisting characteristic. Any tackle outdoors the pre-approved addresses will robotically be blocked. So, even when somebody tries to hack into your account, they can’t transfer funds to any tackle since they aren’t on the record.
