Overview of OKX
OKX is a leading cryptocurrency exchange launched in 2017 by Star Xu. By 2025, it has grown into one of the largest global platforms, serving over 50 million users. Headquartered in Seychelles, OKX specializes in derivatives trading, making it a top choice for leveraged transactions. But what else does OKX offer, and how does it stack up against competitors?
This in-depth OKX review covers everything you need to know about its features, fees, and security.
Pros and Cons of OKX
| ✅ Advantages | ❌ Drawbacks |
|---|---|
| Excellent derivatives trading platform | Not available in the U.S. |
| Up to 125x leverage | Limited fiat support |
| Low trading fees | Only 300+ cryptocurrencies supported |
| Deep liquidity | |
| 24/7 live chat support |
OKX Products and Services
1. Spot Trading
OKX supports 300+ cryptocurrencies with an intuitive TradingView-integrated interface. Competitive maker/taker fees start at 0.08% / 0.10%.
2. Futures Trading
Trade 210+ contracts with 125x leverage on Bitcoin and Ethereum. Fees are as low as 0.02% (maker) / 0.05% (taker).
3. Copy Trading
Automatically replicate trades from experienced investors—ideal for passive income (with risk management).
4. Options Trading
Exclusive to Bitcoin and Ethereum, OKX offers a streamlined options dashboard for advanced strategies.
OKX Fees Breakdown
| Service | Fees |
|---|---|
| Spot Trading | 0.08% / 0.10% |
| Futures Trading | 0.02% / 0.05% |
| Fiat Deposits | 1%–3% (varies by method) |
| Crypto Withdrawals | Dynamic (e.g., ~$1 for TRC20/BEP20) |
Discounts available for OKB token holders.
Deposits & Withdrawals
- Supported Cryptos: 300+ (BTC, ETH, SOL, etc.)
- Fiat Currencies: 20+ (EUR, GBP, USD via card/bank transfer)
- Withdrawal Networks: ERC20, TRC20, BEP20, SOL, and more.
No fiat withdrawals—crypto only.
Security & Customer Support
- Fund Storage: Multisig cold wallets
- Proof of Reserves: 100% backed
- Support: 24/7 live chat (avg. 3-min response) + Help Center
KYC Requirements: Mandatory (ID, selfie, address proof).
FAQs
Is OKX legal?
Yes—it operates globally (except the U.S.) with 50M+ users.
Does OKX require KYC?
Yes, identity verification is mandatory.
What leverage does OKX offer?
Up to 125x on select crypto futures.
Are fees lower for OKB holders?
Yes—OKB stakers get additional discounts.
Final Verdict: OKX excels in derivatives trading, liquidity, and low fees. A top pick for serious traders.