OKX is a prime cryptocurrency alternate previously known as OKex. It was based in 2017 to supply crypto traders a user-friendly platform for purchasing, promoting, and buying and selling crypto belongings. OKX has a clear interface, supplies automated buying and selling instruments, and gives alternatives to earn passive revenue by way of varied crypto merchandise, making it a best choice for knowledgeable and new merchants.
OKX crypto alternate is taken into account secure to purchase and promote crypto in 2025 for learners and grasp merchants. The buying and selling platform gives varied safety measures, like chilly storage, anti-phishing codes, and a threat protect to guard customers and digital belongings.
Along with safety features, this OKX overview 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 international locations? What are OKX buying and selling charges?
Lastly, additionally, you will acquire insights into one of the best options of OKX’s crypto alternate, tips on how to open a brand new account and commerce on OKX, and whether or not OKX is secure and bonafide for buying and selling crypto and Bitcoin in 2025.
OKX Evaluation: What’s It?
OKX is a cryptocurrency alternate that provides user-friendly buying and selling interfaces and choices, reminiscent of spot, margin, and futures contracts. The platform additionally supplies superior instruments, reminiscent of crypto buying and selling bots, block buying and selling, and a portal to the Web3 ecosystem.
OKX crypto alternate 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 traders for holding OKB by way of OKX earn packages and grant customers entry to voting and governance on the buying and selling platform.
The alternate has many extra options, which we’ll focus on additional on this article. However earlier than we get into the total OKX crypto alternate overview, right here’s a abstract of fundamental details about all of the options and providers the OKX crypto platform gives.
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 on.)
NFT market
Crypto borrowing
Supported Cryptocurrencies & Buying and selling Pairs350 cryptocurrencies and greater than 500 buying and selling pairs.Safety Measures OKX threat 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.Fee StrategiesVisa, financial institution switch, cryptocurrency, MasterCard, and Apple Pay.Geographic RestrictionsOKX isn’t 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 international presence extends far past that. As a supplier of crypto alternate and Web3 providers, OKX operates places of work in key places worldwide, together with Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas, guaranteeing complete help for its customers worldwide.
What are OKX Supported International locations?
OKX helps cryptocurrency buying and selling in over 100 international locations, 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 numerous areas worldwide.
Register on OKX at the moment and Get a 30% low cost on buying and selling charges and as much as USD 10,000 for brand spanking new person rewards.
Is OKX Obtainable in US?
No, OKX alternate isn’t obtainable within the US. Nevertheless, they provide Web3 providers to US customers.
What are OKX Restricted International locations?
OKX alternate has some partially restricted international locations, whereas others are prohibited utterly. Customers in international locations that aren’t totally restricted have restricted entry to the platform’s providers. A few of them embrace:
Belgium, Japan, Malaysia, and Cuba: Customers in these places are restricted from utilizing margin and derivatives-related providers, together with futures, perpetual, and choices buying and selling.Canada: Current customers can entry OKX, however new OKX account registrations are usually not allowed on the time we write this overview.Hong Kong: The corporate’s derivatives providers are unavailable in Hong Kong.The UK, the Bahamas, and the Netherlands: These international locations are prohibited from utilizing the platform’s derivatives-related providers.
Notice: Potential customers from most of those international locations can not at present register on OKX. Solely current merchants can use the permitted services on OKX.
OKX Fully Restricted International locations
OKX crypto buying and selling alternate 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 international locations as rules in these places evolve. In case you are excited about utilizing their providers, recurrently examine for updates or, higher nonetheless, discover different options.
What are OKX Buying and selling Charges?
OKX buying and selling charges are primarily based available on the market taker and maker mannequin like many different exchanges. OKX alternate 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 normal.
The maker is the dealer who created a restrict order to promote their crypto. As a result of this order isn’t stuffed 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 current order or purchases the crypto the maker sells from the order e book. These merchants need their orders stuffed 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 stuffed 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 alternate.
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.
For the reason that platform makes use of a tiered ranking that relies on merchants’ 30-day buying and selling quantity and the variety of OKB tokens the merchants maintain, transaction charges might be discounted to 0%.
Notice: 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 under summarizes the charges for varied VIP ranges by buying and selling quantity or quantity of OKB token the person 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 another way, though buying and selling quantity can be an necessary issue right here. OKX additionally expenses a pressured liquidation price and an train price, which isn’t relevant should you 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 price price for all customers on unfold buying and selling charges. So, in case you are VIP 1 opening a BTC/USDT-margined perpetual unfold, the transaction price shall be 0.04% for makers and 0.05 for takers.
What are the Greatest Options of OKX Crypto Alternate?
One of the best options of OKX are the OKX buying and selling bot, OKX copy buying and selling, OKX pockets, and OKX cell app. Right here’s a rundown of those options and the way they guarantee a clean buying and selling expertise for learners and superior merchants alike.
OKX Buying and selling Bot
The buying and selling platform gives about 11 bots to assist customers automate their trades and earn even when they’re inactive. The grids embrace spot and futures grid, futures DCA, sensible arbitrage, spot DCA (martingale), recurring purchase, sign bot, iceberg, TWAP, sensible portfolio, and arbitrage.
Here’s a breakdown of how a few of these bots enable you to 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 mechanically buys extra of the asset when the worth drops to a decrease grid stage. Then, when the worth rises to an higher grid stage, the spot grid bot mechanically sells a number of the belongings.
Every time the worth reaches the higher grid line, the bot mechanically sells a portion of the asset and buys the traded asset when the worth reaches the decrease grid line. You earn money from the distinction between the costs at which the bot buys and sells.
Futures Grid
The futures grid goals to earn money from worth fluctuations inside a variety. OKX gives varied forms 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 finest for markets which might be anticipated to go up however nonetheless have some volatility.Brief Futures Grid: The bot sells futures on the present worth and buys them again when the worth drops. This technique is finest for markets that count on 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, regardless of the market development.
The aim of the futures grid is to earn small income from every worth motion, whether or not the market goes up or down or staying inside a variety.
Good Arbitrage
OKX sensible arbitrage helps merchants make regular income whereas lowering the danger of worth adjustments available in the market. It makes use of a Delta-neutral technique, which suggests 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 adjustments have much less affect, and income come from funding charges earned through the holding interval. There are two forms of sensible arbitrage methods on OKX:
Customized Mode: You select your technique and set revenue targets.Good Mode: The system recommends one of the best technique and mechanically manages profit-taking, stop-loss, and changes.
Not like sensible arbitrage, there are 4 methods to arrange the OKX futures and spot bots. You may 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’ profitable 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 mechanically execute them within the spot or futures markets. If you copy a seasoned dealer, you’ll imitate their trades and mechanically open and shut positions when the dealer you copy opens or closes theirs.
Transaction charges for the trades customers copy are normally the identical because the common charges for the person’s tier stage. Nevertheless, you have to to share your revenue with the lead dealer, normally about 8 – 13% of your outcomes. Moreover, you’ll be able to set a most quantity per order and a most quantity for the dealer you might be copying.
As an illustration, you’ll be able to 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 available on the market. It helps many blockchain networks and allows customers to entry and discover the Web3 world. Not like the OKXX alternate, with the OKX pockets, you have got 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 offer a full-fledged and seamless Web3 expertise. It has a built-in DEX aggregator for multi-chain and cross-chain transactions, so you’ll be able to swap between supported networks as an alternative of making a number of wallets on varied chains.
Moreover, you’ll be able to have interaction 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:
Offers 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 mechanically acknowledges and connects to totally different blockchain know-how networks with out requiring guide person switching.Handle crypto belongings on over 60 chains, together with Ethereum, Aptos, Optimism, and BSC.Obtainable on iOS, Android, and net 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 gives a cell app with a user-friendly interface for purchasing, promoting, buying and selling, and managing crypto even when you’re on the transfer. Not like the desktop interface, the OKX app supplies a easy and clear view, good for learners, and a complicated mode for extra skilled merchants.
The OKX app is out there on Apple Retailer and Play Retailer, and the registration course of is easy. Whereas the cell app model is quicker and extra user-friendly, it nonetheless has all of the instruments obtainable on the net interface and every part it’s good to handle your digital belongings.
With a number of faucets, you’ll be able to 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 on., as you’ll do within the desktop model.
As well as, the OKX app gives 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’ll set alerts to obtain notifications when particular adjustments happen in your trades.
The right way to 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’ll 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, observe the next steps:
Step 1: Deposit Funds
You’ll want to fund your OKX account to start cryptocurrency buying and selling on OKX. You may 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 handle.
Step 2: Select Your Buying and selling Technique
Go to the ‘Commerce’ part to see the varied buying and selling choices OKX crypto alternate gives. Relying on the sort of commerce you wish to do, select between spot or derivatives (futures, margin, and perpetual swaps).
For learners, beginning with the spot market or utilizing the copy buying and selling instrument 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 utilize a small amount of cash to commerce.
Use the order window on the best to position purchase or promote orders. You may 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, verify your order, and it will likely be executed based on the order varieties you select.
Does OKX Require KYC?
Sure, OKX does require KYC. The method is just like that of different exchanges. To substantiate your identification, you need to submit private identification paperwork, reminiscent of a selfie, a passport, or a driver’s license. Make sure that the knowledge in your ID matches the area/nation you picked through the account registration course of.
Is OKX Secure and Legit to Commerce Crypto and Bitcoin?
OKX is secure and bonafide to commerce crypto and Bitcoin. The platform is taken into account as one of many finest cryptocurrency exchanges with the cleanest interfaces. It’s designed with easy and superior modes to cater to numerous customers. Moreover, in case you are a newbie, the cell 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 gives some safety features, together with offline asset storage, a threat protect, multi-factor authentication, passkeys, anti-phishing codes, and withdrawal handle 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 might be saved in a single chilly pockets handle to additional shield person funds belongings saved offline.
Every handle can maintain a most of 1,000 BTC. This spreads the full 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 now not be acquired.
OKX Threat Protect
OKX crypto alternate units apart a proportion of the platform’s belongings, over $700 million, to safeguard cash and customers from potential breaches. The chance fund is just 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 way of the profile icon. There, you’ll discover varied safety measures to activate.
Begin with two-factor authentication (2FA), then activate passkeys and authenticators. Should you determine to activate the Google Authenticator app, maintain the code you may be given safely. Should you lose your telephone or change units, you should use it to log in to your authenticator app.
4. Anti-phishing Codes
This safety characteristic permits customers to double-proof their account safety. If you activate it, OKX will e mail you a code that helps you differentiate between respectable communications and suspicious emails.
5. Proof of Reserves
OKX printed their December 2024 proof of reserve information they usually’re holding over USD 30.8 billion in reserves. This consists of a number of the hottest cryptocurrencies like Bitcoin (105%), Ethereum (102%), and stablecoins reminiscent of 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 person privateness. You may independently confirm your belongings by way of OKX’s dashboard and public pockets addresses.
6. Withdrawal Tackle Whitelisting
OKX permits customers to decide on which pockets addresses are allowed for withdrawals by way of the handle whitelisting characteristic. Any handle outdoors the pre-approved addresses will mechanically be blocked. So, even when somebody tries to hack into your account, they can’t transfer funds to any handle since they don’t seem to be on the record.
