OKX is a prime cryptocurrency trade 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, offers automated buying and selling instruments, and presents alternatives to earn passive revenue by way of numerous crypto merchandise, making it a best choice for knowledgeable and new merchants.
OKX crypto trade is taken into account protected to purchase and promote crypto in 2025 for newcomers and grasp merchants. The buying and selling platform presents numerous safety measures, like chilly storage, anti-phishing codes, and a threat defend to guard customers and digital belongings.
Along with safety features, this OKX evaluation will illuminate some fundamental details about OKX and supply info to reply the next questions: The place is OKX based mostly? What are OKX supported and restricted international locations? What are OKX buying and selling charges?
Lastly, additionally, you will acquire insights into the perfect options of OKX’s crypto trade, 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 Evaluate: What’s It?
OKX is a cryptocurrency trade that provides user-friendly buying and selling interfaces and choices, reminiscent of spot, margin, and futures contracts. The platform additionally offers superior instruments, reminiscent of crypto buying and selling bots, block buying and selling, and a portal to the Web3 ecosystem.
OKX crypto trade 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 applications and grant customers entry to voting and governance on the buying and selling platform.
The trade has many extra options, which we’ll focus on additional on this article. However earlier than we get into the total OKX crypto trade evaluation, right here’s a abstract of fundamental details about all of the options and providers the OKX crypto platform presents.
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 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 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 is just not 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 is predicated in Seychelles, however its international presence extends far past that. As a supplier of crypto trade and Web3 providers, OKX operates places of work in key areas worldwide, together with Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas, guaranteeing complete assist 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 this 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 trade is just not obtainable within the US. Nevertheless, they provide Web3 providers to US customers.
What are OKX Restricted Nations?
OKX trade has some partially restricted international locations, whereas others are prohibited utterly. Customers in international locations that aren’t absolutely restricted have restricted entry to the platform’s providers. A few of them embrace:
Belgium, Japan, Malaysia, and Cuba: Customers in these areas 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 will not be allowed on the time we write this evaluation.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 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 trade 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 may replace the listing of restricted international locations as rules in these areas evolve. If you’re enthusiastic about utilizing their providers, commonly verify for updates or, higher nonetheless, discover different alternate options.
What are OKX Buying and selling Charges?
OKX buying and selling charges are based mostly available on the market taker and maker mannequin like many different exchanges. OKX trade 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 is just not 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 e book. 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 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 trade.
1. Spot Buying and selling Charges
OKX costs 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.
Because the 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 could be discounted to 0%.
Notice: The above charges are for USDT pairs. OKX costs 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 costs;
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 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, regardless that buying and selling quantity can also be an necessary issue right here. OKX additionally costs a pressured liquidation price and an train price, which isn’t relevant in the event 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 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 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 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 presents 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, 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 assist you to earn extra with out consistently 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 value factors between the higher and decrease limits and divides your capital equally between the variety of grids used.
The bot routinely 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 routinely sells a few of the belongings.
Every time the worth reaches the higher grid line, the bot routinely 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 value fluctuations inside a variety. OKX presents numerous 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.Quick 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 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, regardless of the market development.
The aim of the futures grid is to earn small earnings from every value motion, whether or not the market goes up or down or staying inside a variety.
Good Arbitrage
OKX good arbitrage helps merchants make regular earnings whereas lowering the chance of value 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 features and losses, so value adjustments have much less impression, and earnings come from funding charges earned in the course of 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 perfect technique and routinely 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 possibly can both set the parameters based mostly in your evaluation, fill in parameters advisable 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 routinely execute them within the spot or futures markets. Whenever you copy a seasoned dealer, you’ll imitate their trades and routinely 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 person’s tier degree. Nevertheless, you will want 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 illustration, 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 received’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. In contrast to the OKXX trade, with the OKX pockets, you will have full management of your belongings and personal keys as a result of the pockets is totally 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 change 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:
Offers you full management and possession of your belongings and pockets.Fast crypto withdrawals with out an approval course of, not like crypto exchanges.Multi-chain pockets that routinely acknowledges and connects to completely 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 internet 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 presents a cellular app with a user-friendly interface for purchasing, promoting, buying and selling, and managing crypto even when you’re on the transfer. In contrast to the desktop interface, the OKX app offers a easy and clear view, good for newcomers, 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 simple. Whereas the cellular app model is quicker and extra user-friendly, it nonetheless has all of the instruments obtainable on the net interface and every part you’ll want to handle your digital belongings.
With a number of faucets, you possibly can simply purchase, promote, and convert crypto utilizing fiat or different crypto belongings, regardless that fiat withdrawals might not be as clean as crypto withdrawals. Customers may discover the varied buying and selling choices, set limits, and market orders with TP/SL, path stops, and so on., as you’d do within the desktop model.
As well as, the OKX app presents 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.
Methods 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 through textual content.
Step 4: Create a safe password to guard your OKX account. We advocate creating a minimum of 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 start out buying and selling crypto on OKX, comply with the next steps:
Step 1: Deposit Funds
You should fund your OKX account to start cryptocurrency buying and selling on OKX. You possibly can 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 ‘Property’ tab and choose ‘Deposit.’ Select the cryptocurrency and the community you need to deposit. Then, switch the cryptocurrency to the generated pockets deal with.
Step 2: Select Your Buying and selling Methodology
Go to the ‘Commerce’ part to see the varied buying and selling choices OKX crypto trade presents. Relying on the form 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 device 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 sum of money to commerce.
Use the order window on the suitable to put purchase or promote orders. You possibly can select between completely different order varieties:
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 will probably be executed based on 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 could 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 in the course of the account registration course of.
Is OKX Secure 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, if you’re 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 presents some safety features, together with offline asset storage, a threat defend, multi-factor authentication, passkeys, anti-phishing codes, and withdrawal deal with whitelisting.
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