OKX is a leading cryptocurrency exchange platform and mobile app, widely recognized for offering users a seamless experience in buying digital assets with low trading fees. It ranks among the top crypto exchanges globally, standing just behind Binance in market influence and trading volume.
In this comprehensive guide and review of OKX, we’ll explore what it is, how it works, its fee structure, available cryptocurrencies, and reveal an exclusive welcome bonus for new users upon registration. Discover how OKX is redefining the crypto trading landscape by combining innovation, security, and user-centric features.
👉 Start your crypto journey with one of the most trusted platforms in the industry.
What Is OKX?
OKX is a global cryptocurrency exchange that supports both spot and derivatives trading. As of 2025, it ranks as the second-largest crypto exchange by trading volume worldwide, serving over 50 million users across the globe.
Founded in 2017 by Star Xu—who remains CEO—the platform operates under the OK Group, which also owns the Okcoin exchange. OKX enables users to buy, sell, and hold a wide range of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and its native token OKB.
The platform maintains a strong international presence with offices in Dubai, Turkey, Hong Kong, Silicon Valley, Singapore, and Australia. It is licensed in key financial jurisdictions including Dubai, Hong Kong, and Malta, adhering to strict regulatory standards such as the Virtual Financial Asset Act (VFAA) and FATF guidelines.
Beyond trading, OKX offers advanced financial tools like staking, DeFi lending, and passive income options, positioning itself as a one-stop hub for both beginner and experienced investors.
Key Features of OKX
- Exchange Type: Spot, Margin, Futures, Perpetual Contracts, Options
- Headquarters: Seychelles
- Global Offices: Dubai, Turkey, Hong Kong, Singapore, Australia
- Regulation: Licensed under SFO Type 1 & 7 (Hong Kong), VFAA (Malta)
- Mobile App: Available on iOS and Android
- Trading Tools: Copy trading, bot trading, demo accounts
- Earn Section: Yes – for staking and yield generation
How Does OKX Work? A Step-by-Step Guide
Whether you're accessing OKX via web browser or mobile app, the process is intuitive and designed for ease of use. Here's how to get started:
1. Create Your Account
To begin using OKX:
- Visit the official site and select registration via email or phone number.
- Complete verification using a code sent via SMS or email.
- Set up two-factor authentication (2FA) for enhanced security.
Once registered, you gain full access to all trading and investment features.
👉 Sign up today and take advantage of powerful trading tools.
2. Deposit Funds (Crypto or Fiat)
After logging in, deposit funds into your account:
- Go to Assets > Deposit
- Choose between Crypto (e.g., BTC, ETH) or Fiat (e.g., EUR, USD)
- For fiat deposits: Select payment method such as SEPA transfer, Revolut, or bank wire
- Note: Fiat cannot be held long-term; it’s automatically converted to USDT or another stablecoin
Supported fiat methods include:
- SEPA Bank Transfer
- Revolut
- Bizum
- Paysera
3. Buy Cryptocurrencies
Once funds are available:
- Navigate to the Trading section
- Select Spot Market
- Choose your desired cryptocurrency (e.g., BTC, ETH, SOL)
- Enter amount and confirm purchase
Your newly acquired crypto will appear in your wallet instantly.
4. Sell Crypto
You can sell crypto in two ways:
Option A: Convert to Stablecoin (e.g., USDT)
- Go to Trade > Spot
- Select coin to sell
- Place sell order
- Receive USDT in your account
Option B: Cash Out to Fiat
- Use P2P Express or third-party channels
- Select payment method (e.g., bank transfer)
- Confirm sale
- Funds transferred directly to your bank account
5. Withdraw Funds
To withdraw:
- Click Assets > Withdraw
- Choose crypto or fiat
- Enter destination wallet address or bank details
- Confirm transaction
Processing times vary based on blockchain congestion or banking systems.
Trading Fees on OKX
OKX operates on a tiered fee model based on user level—determined by either trading volume or OKB holdings (the platform’s native token).
Here’s an overview of standard spot trading fees:
| Level | OKB Held | Maker Fee | Taker Fee |
|---|---|---|---|
| 1 | < 500 | 0.080% | 0.100% |
| 2 | ≥ 500 | 0.075% | 0.095% |
| 3 | ≥ 1,000 | 0.070% | 0.090% |
| 4 | ≥ 1,500 | 0.065% | 0.085% |
| 5 | ≥ 2,000 | 0.060% | 0.080% |
VIP users enjoy even lower rates based on higher activity levels.
👉 Explore advanced trading with competitive fees and high liquidity.
Available Cryptocurrencies
OKX supports over 350 cryptocurrencies and more than 500 trading pairs, including:
- Major coins: BTC, ETH, XRP, DOGE
- Altcoins: SOL, MATIC, DOT
- Meme coins: SHIB, PEPE
- DeFi tokens: AAVE, UNI
- Stablecoins: USDT, USDC, DAI
This diverse selection makes OKX ideal for portfolio diversification and active traders seeking niche markets.
OKX Earn (Grow): Generate Passive Income
OKX has rebranded its earnings section as "Grow", offering multiple ways to earn returns:
- Fixed Income: Lend crypto for predictable interest
- Stablecoin Staking: Flexible or fixed-term options on USDT/USDC
- Crypto Savings: Hourly interest payouts; funds support margin lending
- DeFi Yield: Provide liquidity to protocols like Aave
- Flash Offers: Limited-time staking with high APY
- Traditional Staking: Lock tokens for rewards on PoS networks
These tools allow users to maximize returns without active trading.
Security & Reliability
OKX prioritizes security through:
- Cold storage for 95%+ of user funds
- Multi-signature wallets
- Regular audits and backups
- “Risk Shield” fund exceeding $700 million to protect users
Additionally, mandatory KYC/AML procedures ensure regulatory compliance across regions.
User best practices include:
- Using strong passwords
- Enabling Face ID/Authenticator apps
- Avoiding phishing links
While no platform is immune to risk, OKX’s infrastructure ranks among the most secure in the industry.
Frequently Asked Questions (FAQ)
How do I get the OKX welcome bonus?
During registration, enter a valid referral code or sign up via a bonus link to qualify for promotional rewards.
Is OKX safe to use?
Yes—OKX uses military-grade encryption, cold storage, and maintains a $700M+ insurance fund to safeguard user assets.
Can I trade futures on OKX?
Absolutely. OKX supports futures, perpetual swaps, options, and margin trading with up to 125x leverage.
Does OKX have a mobile app?
Yes—download the OKX app from the App Store or Google Play for full functionality on iOS and Android devices.
What is the minimum deposit on OKX?
There’s no universal minimum—it varies by asset and payment method.
Is customer support available?
Yes—support is accessible via live chat and help center articles in multiple languages.
Final Verdict: Is OKX Worth It?
OKX stands out as a top-tier cryptocurrency exchange thanks to its:
✅ Low trading fees
✅ Extensive coin selection
✅ Advanced trading tools
✅ Strong security measures
✅ Passive income opportunities
While it lacks certain traditional financial products like stocks or ETFs and faces mixed reviews regarding customer service speed, its global reach and regulatory compliance make it a solid choice for serious crypto investors.
Whether you're new to digital assets or an experienced trader looking for high liquidity and innovative features, OKX delivers a robust and scalable platform tailored to modern financial needs.