OKX is a prime cryptocurrency alternate previously known as OKex. It was based in 2017 to supply crypto buyers a user-friendly platform for getting, promoting, and buying and selling crypto property. OKX has a clear interface, gives 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 protected to purchase and promote crypto in 2025 for newcomers and grasp merchants. The buying and selling platform gives varied safety measures, like chilly storage, anti-phishing codes, and a threat defend to guard customers and digital property.
Along with safety features, this OKX assessment will illuminate some primary details about OKX and supply info 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 achieve insights into the very best options of OKX’s crypto alternate, 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 Assessment: What’s It?
OKX is a cryptocurrency alternate that provides user-friendly buying and selling interfaces and choices, similar to spot, margin, and futures contracts. The platform additionally gives superior instruments, similar to 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 buyers 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 are going to focus on additional on this article. However earlier than we get into the complete OKX crypto alternate assessment, right here’s a abstract of primary details about all of the options and companies 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 replica buying and selling)
OKX Earn (staking, lending, and many others.)
NFT market
Crypto borrowing
Supported Cryptocurrencies & Buying and selling Pairs350 cryptocurrencies and greater than 500 buying and selling pairs.Safety Measures OKX threat defend, 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 areas: the US, Belgium, France, Iran, Cuba, Bangladesh, North Korea, Bolivia, Malta, Crimea, and Syria.
The place is OKX Based mostly?
OKX relies in Seychelles, however its international presence extends far past that. As a supplier of crypto alternate and Web3 companies, OKX operates workplaces in key areas worldwide, together with Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas, guaranteeing complete help for its customers worldwide.
What are OKX Supported Nations?
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 right now and Get a 30% low cost on buying and selling charges and as much as USD 10,000 for brand new person rewards.
Is OKX Accessible in US?
No, OKX alternate isn’t accessible within the US. Nonetheless, they provide Web3 companies to US customers.
What are OKX Restricted Nations?
OKX alternate has some partially restricted international locations, whereas others are prohibited fully. Customers in international locations that aren’t totally restricted have restricted entry to the platform’s companies. A few of them embody:
Belgium, Japan, Malaysia, and Cuba: Customers in these areas 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 are usually 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 international locations are prohibited from utilizing the platform’s derivatives-related companies.
Notice: Potential customers from most of those international locations can not at the moment register on OKX. Solely present merchants can use the permitted services and products on OKX.
OKX Fully Restricted Nations
OKX crypto buying and selling alternate is unavailable to merchants in the USA and its territories, Belgium, France, Iran, Cuba, Bangladesh, North Korea, Bolivia, Malta, Crimea, Syria, Donetsk and Luhansk areas, and Eire.
The corporate may replace the checklist of restricted international locations as laws in these areas evolve. If you’re excited by utilizing their companies, repeatedly test 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 can pay 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 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 facet, the taker picks up an present order or purchases the crypto the maker sells from the order guide. These merchants need their orders stuffed instantly, thereby taking liquidity away from the platform.
For instance, if the present ETH lowest ask value is 2,700 USDT and also you create a maker order with a bid value of 2570 USDT, this order can’t be stuffed instantly. OKX will enter it into the order guide 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 fees 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 value, relying on whether or not they select a market or restrict order.
For the reason that platform makes use of a tiered ranking that will depend on merchants’ 30-day buying and selling quantity and the variety of OKB tokens the merchants maintain, transaction charges will be discounted to 0%.
Notice: The above charges are for USDT pairs. OKX fees 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 fees;
Taker Price: 0.05% for non-VIP customers.Maker Price: 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 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 otherwise, though buying and selling quantity can be an necessary issue right here. OKX additionally fees a pressured liquidation charge and an train charge, which isn’t relevant in case 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 charge 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 charge shall be 0.04% for makers and 0.05 for takers.
What are the Greatest Options of OKX Crypto Trade?
The perfect 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 newcomers 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 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 allow you to earn extra with out always monitoring your trades.
Spot Grid
The Spot grid mode splits your beginning funds between the 2 digital property of your chosen buying and selling pair, say BTC/USDT. The bot then creates a grid of value 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 degree. Then, when the worth rises to an higher grid degree, the spot grid bot mechanically sells a few of the property.
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 become profitable from the distinction between the costs at which the bot buys and sells.
Futures Grid
The futures grid goals to become profitable from value fluctuations inside a spread. OKX gives varied kinds of futures grid methods:
Lengthy Futures Grid: The bot buys futures on the present value and sells them when the worth rises. This technique is finest for markets which are anticipated to go up however nonetheless have some volatility.Brief Futures Grid: The bot sells futures on the present value 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, irrespective of the market pattern.
The purpose of the futures grid is to earn small income from every value motion, whether or not the market goes up or down or staying inside a spread.
Good Arbitrage
OKX good arbitrage helps merchants make regular income whereas decreasing the chance of value modifications 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 (quick place).
This bot helps stability positive aspects and losses, so value modifications have much less influence, and income come from funding charges earned throughout the holding interval. There are two kinds 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 mechanically manages profit-taking, stop-loss, and changes.
Not like good 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 advisable 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 mechanically execute them within the spot or futures markets. Whenever 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 degree. Nonetheless, you’ll need to share your revenue with the lead dealer, normally 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 should 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 permits customers to entry and discover the Web3 world. Not like the OKXX alternate, with the OKX pockets, you could have full management of your property and personal keys as a result of the pockets is completely 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 possibly can swap between supported networks as an alternative of making a number of wallets on varied chains.
Moreover, you possibly can 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 property 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 property on over 60 chains, together with Ethereum, Aptos, Optimism, and BSC.Accessible on iOS, Android, and net browsers.
Do not forget that the OKX Web3 pockets doesn’t save your seed phrase, personal key, or password; you might be liable for these.
OKX Cell App
OKX gives a cellular app with a user-friendly interface for getting, promoting, buying and selling, and managing crypto even if you find yourself on the transfer. Not like the desktop interface, the OKX app gives a easy and clear view, excellent for newcomers, and a sophisticated mode for extra skilled merchants.
The OKX app is on the market 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 accessible on the net interface and all the things it’s good to handle your digital property.
With a number of faucets, you possibly can simply purchase, promote, and convert crypto utilizing fiat or different crypto property, though fiat withdrawals will 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 many others., 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 may set alerts to obtain notifications when particular modifications happen in your trades.
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 electronic mail to register and add the OKX referral code “CNJREVIEW.”
Step 3: OKX will electronic mail you a verification code. When you add the code, it’s time to confirm your quantity. They may ship you one other code through textual content.
Step 4: Create a safe password to guard your OKX account. We suggest creating at the least a 12-word lengthy password.
Step 5: Confirm your id 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 might 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 need to deposit. Then, switch the cryptocurrency to the generated pockets tackle.
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 need to do, select between spot or derivatives (futures, margin, and perpetual swaps).
For newcomers, 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 suggest you utilize a small amount of cash to commerce.
Use the order window on the suitable to put purchase or promote orders. You may select between totally different order sorts:
Market Orders: Execute instantly at present costs.Restrict Orders: Set a selected value you need to purchase or promote crypto.Cease Orders: Execute when a sure value situation is met.
Lastly, affirm your order, and it will likely be executed in response to the order sorts you select.
Does OKX Require KYC?
Sure, OKX does require KYC. The method is much like that of different exchanges. To substantiate your id, you could submit private identification paperwork, similar to a selfie, a passport, or a driver’s license. Be certain 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 finest cryptocurrency exchanges with the cleanest interfaces. It’s designed with easy and superior modes to cater to varied customers. Moreover, in case you are a newbie, the cellular app is healthier 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 defend, multi-factor authentication, passkeys, anti-phishing codes, and withdrawal tackle whitelisting.
Chilly Pockets Storage
95% of property on OKX are saved in offline wallets, which aren’t prone to hacks and safety breaches. The corporate limits how a lot cryptocurrency will be saved in a single chilly pockets tackle to additional defend person funds property saved offline.
Every tackle can maintain a most of 1,000 BTC. This spreads the whole quantity of offline property 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 acquired.
OKX Threat Protect
OKX crypto alternate units apart a proportion of the platform’s property, over $700 million, to safeguard cash and customers from potential breaches. The danger fund is much like Binance’s Safe Asset Fund for Customers (SAFU), which protects towards safety breaches and market volatility.
3. Multi-factor Authentication
When you open an account on OKX, you will need to up your safety. You are able to do this by way of the profile icon. There, one can find varied 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 can be given safely. When you lose your telephone 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 electronic mail you a code that helps you differentiate between reputable communications and suspicious emails.
5. Proof of Reserves
OKX revealed their December 2024 proof of reserve knowledge they usually’re holding over USD 30.8 billion in reserves. This consists of a few of the hottest cryptocurrencies like Bitcoin (105%), Ethereum (102%), and stablecoins similar to Tether USDT (106%) and USD Coin (100%).
The PoR is revealed 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 property 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 tackle whitelisting characteristic. Any tackle exterior 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 tackle since they aren’t on the checklist.
