If you’re looking for a cryptocurrency exchange that offers a wide range of financial services and educational resources, then OKX is perfect for you! In this OKX review, we’ll cover the basics of OKX including its pros and cons, fee schedule, services and more. Let’s get started!

OKX At a Glance

Minimum DepositNo fiat deposit is allowed
Number of Cryptocurrencies350+
Deposit fees0
Mobile AppMobile app is available 
Customer Service24/7 Phone, email and chat
LocationVictoria, Seychelles

OKX represent as a leading company in Web3 innovation and is a fantastic crypto exchange. It supports hundreds of altcoins. You can buy crypto with Visa, bank transfer, MasterCard, or Apple pay through them.

OKX: Pros and Cons

ProsCons
Popular crypto exchangeConfusing support content
Advance trading platformNot available for US residents
Access to a larger Web 3 ecosystemCannot deposit fiat currency
24/7 customer support 
Extensive range of pro trading options 
Quick verification process 
Low trading fees 
Beginner friendly 

OKX Products and Services

OKX exchange offers a wide range of products and services, including spot trading, margin trading, and much more. Let’s take a look on it!

OKX Spot Trading

OKX allows you to trade more than 300 cryptocurrencies such as BTC, ETH, SOL, ATOM and many more. They provide user-friendly platform with helpful trading tools. OKX is great for people who are just starting to learn cryptocurrency.

OKX Margin Trading

For a variety of altcoins with leverage of up to 100x, OKX offers margin trading. It means you can trade with larger amount of money than you actually have in your account. It generates profits but also leads to bigger losses.

OKX Earn

You can earn interest on various coins like Bitcoin, Ethereum, Litecoin, XRP, and more with the help of OKX earn. You can start earning with just 1US dollar. It provides opportunities by different methods to earn interest on your crypto, including staking, loans and third party Defi services.

OKX Options

OKX users can trade options 24/7 using Bitcoin, Ethereum, and SOL. Two types of options are available; European Options (which can only be used on their expiration date) and American Options, which can be used at any time.

Trading Bots

It provides customizable crypto trading bots that let the users to create automatic trading strategies. These OKX trading bots can execute automatic trading spot, futures and much more.

Cryptocurrencies Available on OKX

OKX offers over 300 cryptocurrencies for users. Here are the glance of available cryptocurrencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Polkadot (DOT)
  • Dogecoin (DOGE)
  • Shiba Inu (SHIB)
  • XRP (XRP)
  • Solana (SOL)
  • Cardano (ADA)
  • TRON (TRX)

OKX Trading Fees

OKX charges different trading fees from Normal and VIP users. Let’s have a look!

Regular Users

TierTotal OKB HoldingAssets(USD)  or 30-day trading volumeMaker FeeTaker fee24h withdrawal limit
Lv 1<500<100,000        /            <10,000,000     0.080%0.100%500
Lv 2≥500<100,000        /            <10,000,000     0.075%0.095%500
Lv 3≥1,000<100,000        /            <10,000,000     0.070%0.090%500
Lv 4≥1500<100,000        /            <10,000,000     0.065%0.085%500
Lv 5≥2000<100,000        /            <10,000,000     0.060%0.080%500

VIP Users

TierAssets(USD)  or 30-day trading volumeMaker FeeTaker fee24h withdrawal limit
VIP1≥100,000            /           ≥10,000,000     0.060%0.080%600
VIP2≥500,000           /            ≥20,000,000     0.050%0.070%800
VIP3≥2,000,000       /             ≥50,000,000     0.030%0.060%1000
VIP4≥5,000,000       /             ≥100,000,000     0.020%0.050%1200
VIP5                             ≥200,000,000     0.000%0.040%1500
VIP6                             ≥500,000,000     -0.002%0.030%1800
VIP7                             ≥1,000,000,000     -0.005%0.025%2000
VIP8                             ≥10,000,000,000     -0.005%0.020%2000

Payment Methods

OKX makes it simple for users to convert their regular money into digital currencies. Although they don’t directly accept regular money deposits, but users can use different methods on OKX to purchase digital currency with regular money. These methods include credit cards, debit cards, bank transfers, Apple pay, Alipay, WeChat Pay and many more. Users can also transfer cryptocurrencies from other exchanges to trade on OKX.

Top OKX Reviews

Frequently Asked Questions

Is OKX Safe?

Yes, OKX is safe because of its advanced encryption technology, which secures the platform from hackers.

Where the OKX located?

OKX is located in Victoria, Seychelles but operate in 200+ countries.
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