Introduction
OKX ranks as the 6th largest centralized cryptocurrency exchange on BitDegree Exchange Tracker. With an impressive trading volume of $1.96 billion** in the last 24 hours and **$663.62 billion over the past week, OKX has established itself as a major player in the crypto exchange market.
👉 Discover why traders prefer OKX
Key Features
- 316 cryptocurrencies supported
- 46 fiat currencies available for trading
- 641 trading pairs offered
- Most popular trading pair: BTC/USDT
Formerly known as OKEx, this centralized exchange (CEX) provides:
- Spot and derivatives trading
- Blockchain trading services
- Advanced trading bots
- DeFi services for developers
The platform is KYC-compliant and available worldwide, except for users in China and the United States.
Markets Overview
Spot and Futures Trading
OKX offers:
- 600+ trading pairs
- 300+ tokens across spot and futures markets
- Both crypto-to-crypto and crypto-to-fiat trading supported
Users can create custom P2P marketplaces supporting 40 fiat currencies, including USD, EUR, GBP, and AUD.
OKB Token Benefits
The platform's native token, OKB, provides holders with:
- Trading fee discounts
- Enhanced account privileges
- Available for purchase via credit card, e-wallet, or other payment methods
OKX also offers instant cryptocurrency conversion with no fees.
Margin and Options Trading
Features include:
- 75x leverage for margin trading
- Options and perpetual swaps
- Manual configuration or bot-assisted trading
The "Master Traders" program gamifies trading by recognizing high-performing investors.
Fee Structure
Regular Users
| Level | OKB Holdings | Maker Fee | Taker Fee |
|---|---|---|---|
| 1 | <500 | 0.080% | 0.100% |
| 2 | 500-999 | 0.075% | 0.095% |
| 3 | 1,000-1,499 | 0.070% | 0.090% |
| 4 | 1,500-1,999 | 0.065% | 0.085% |
| 5 | ≥2,000 | 0.060% | 0.080% |
VIP Users
VIP levels offer progressively lower fees, with:
- Maker fees as low as 0.00%
- Taker fees starting at 0.020%
- Higher withdrawal limits (up to 600 BTC)
👉 Start trading with lower fees today
Additional Services
OKX Earn
This rewards program offers:
- Dual investment options
- Staking opportunities
- Passive income streams
OKX Lending
Features include:
- 20+ supported assets
- Flexible and fixed-rate loans
- Hourly or daily interest rate options
OKX Jumpstart
The blockchain incubator provides:
- Funding for new crypto projects
- Technical support
- Requires Level 2 KYC verification
Developer Services
- OKC Oracle solution
- Smart contract platform for Web3 projects
- Off-chain data transfer technology
Company Background
Founded in 2017 as OKEx and rebranded in January 2022, OKX:
- Originally headquartered in China
- Currently based in Seychelles
- Banned in mainland China
Key milestones:
- 2018: Became world's largest crypto exchange
- 2019: Launched Indian operations
- 2020: Introduced OKC smart contract platform
- 2021: Exited Chinese market
Leadership
- Jay Hao: Current CEO with semiconductor industry background
- Star Xu: Original founder (no longer affiliated)
FAQ
Is OKX available in the US?
No, OKX isn't available to US-based customers.
What makes OKB special?
OKB provides fee discounts and enhanced account privileges for holders.
How does OKX Earn work?
Users earn passive income through staking and dual investment products.
What's the minimum for block trading?
The minimum is $50,000 per blockchain order.
Does OKX support fiat deposits?
Yes, through P2P marketplaces supporting 40 fiat currencies.
How secure is OKX?
The platform implements KYC procedures and robust security measures.