According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- ₿0.00005 (BTC)
- TradingView
- Spot and margin trading, NFT, DeFi, GameFi, options, futures, indices, lending, copy trading, and P2P trading are available
Our Evaluation of OKX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
OKX is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.9 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by OKX clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
OKX is a cryptocurrency exchange with a wide range of services and additional features. The company offers acceptable terms for novice traders and experienced crypto traders, as well as for investors.
Brief Look at OKX
OKX (aka OKEX) is an international cryptocurrency exchange that has been providing financial services since 2017. On the OKX platform, you can buy and sell cryptocurrencies and earn money by storing tokens and providing funds for margin trading. The cryptocurrency exchange offers over 100 cryptocurrencies such as BTC (₿), LTC (Ł), ETH (Ξ), XRP, etc.), several ways to make passive income, and a base with educational materials.
- The availability of various investment programs.
- Proprietary educational academy with useful materials.
- Wide range of cryptocurrencies.
- The exchange is multilingual and available in 20 languages.
- A mobile app is available.
- The exchange uses cold and hot wallets with a high-security level.
- The company offers cryptocurrency listing services.
- Trading and depositing in fiat currencies are not available.
- Few ways to contact client support
- The company is unlicensed and unregulated.
TU Expert Advice
Author, Financial Expert at Traders Union
OKX is a cryptocurrency exchange offering spot, margin, NFT, DeFi, GameFi, options, and futures trading on its TradingView-integrated platform. With over 329 coins available for trading and numerous investment tools like staking and lending, OKX caters to both novice and experienced traders. The platform's multilingual client support and advanced mobile app improve accessibility, while its low trading fees present a cost-effective option for frequent traders seeking diverse investment opportunities and passive income.
However, OKX has several drawbacks, including the lack of fiat currency trading and deposits, limited client support, and regional regulatory limitations. Ultimately, OKX is more suitable for cryptocurrency traders who value a wide range of digital assets and trading tools over universal regulatory compliance and fiat accessibility.
- Security is a top priority for you, as this exchange utilizes both cold and hot wallets to store cryptocurrencies. This dual-wallet system enhances security measures, ensuring that a significant portion of assets remains offline (cold wallets) to minimize the risk of hacking or unauthorized access.
- You seek educational resources. This exchange focuses on both, a beginner looking to learn the basics of cryptocurrency trading and an experienced trader seeking to enhance their skills. The educational academy offered by it boasts comprehensive content to support your learning journey.
- You require the ability to trade cryptocurrencies against fiat currencies or deposit fiat currencies directly into your trading account, as this exchange may not offer that functionality.
- Regulatory compliance is essential for you, as this exchange is unlicensed and unregulated. There may be increased risks associated with trading on the platform, such as potential legal and financial uncertainties, as well as a lack of oversight to protect investors' interests.
OKX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Proprietary terminal based on standard TradingView |
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📊 Accounts: | Real account only |
💰 Account currency: | BTC, USDT, ETH, LTC, OKB, BCH, BSV, ETC, USDK, 1INCH, 1ST, AAC, AAVE, and other cryptocurrencies |
💵 Deposit / Withdrawal: | Cryptocurrency wallets |
🚀 Minimum deposit: | 0.00005 BTC / 0.00000001 USDT |
⚖️ Leverage: | Margin trading is available |
💼 PAMM-accounts: | No |
📈️ Min Order: | No data |
💱 Commission: |
Spot: 0,08%-0,1% Futures: 0,02%-0,05% |
🔧 Instruments: | 329 supported coins, Futures, Perpetual contracts, Options, Fiat, NFT. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market |
⭐ Trading features: | Spot and margin trading, NFT, DeFi, GameFi, options, futures, indices, lending, copy trading, and P2P trading are available |
🎁 Contests and bonuses: | Users can receive rewards for completing tasks and bonuses from the Traders Union |
The OKX cryptocurrency exchange provides services on the international level and provides traders with high liquidity of trading instruments. The work is carried out on the built-in terminal, and it is possible to trade from mobile devices via the exchange application. OKX offers spot and margin trading, P2P lending, and investment tools for passive income.
OKX Key Parameters Evaluation
Video Review of OKX
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Made some decent profits on OKX recently using a scalping strategy with Uniswap (UNI). Basically, buying low and selling high within short timeframes to capture small price movements. It's a bit nerve-wracking, but it can be profitable if you're quick on your toes.
OKX's platform is alright for scalping, but the mobile app needs some work. The charts can get laggy sometimes, especially during high-volume periods. Not ideal when you need to react fast to make a trade. Would love to see them improve the app's performance for mobile traders.


Super


Great
None


Convenient trading terminal and a large selection of assets
It is difficult to understand the trading conditions, namely to understand the commissions


Free demo platform
No possibility to add credit plche on demo account
Regulation and safety
With a 7.5/10 score, OKX demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Investor protection fund
- Cold wallet storage
- No successful hacks history
- 2FA
- Facial recognition
- Government-regulated
- Not U.S regulated
- Not tier-1 regulated
OKX Security Factors
We also compared OKX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
OKX | Kraken | Crypto.com | |
Tier-1 regulation | No | Yes | Yes |
Government-regulated | Yes | Yes | Yes |
Investor protection fund | Yes | No | Yes |
2FA | Yes | Yes | Yes |
Facial recognition | Yes | No | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | Yes |
Is OKX a regulated crypto exchange?
OKX is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
OKX is authorized or licensed in accordance with local regulations in the following regions: MFSA in Malta, .
Is verification (KYC) mandatory at OKX?
Yes, KYC verification is mandatory at OKX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is OKX available?
OKX complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: India, United Kingdom, Malaysia, Canada, Netherlands, Singapore, Iran, Islamic republic, France, Bangladesh, Belgium, Japan, China, Uzbekistan, Ireland, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Yemen, Hong Kong, Slovenia, Croatia, Montenegro, Taiwan, Puerto Rico, Luxembourg, Malta, Ecuador. For the most up-to-date information on regional availability, please contact OKX support.
Is OKX available in the USA?
OKX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Crypto.com, CoinMetro .
OKX commissions and fees
OKX has earned a rating of 9.25/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as OKX is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- No P2P fee
- Withdrawal fee may be applied
What are OKX trading fees?
We analyzed OKX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
OKX trading fees vs competitors
OKX | Binance | Bybit | Industry average | |
Spot, maker fee (%) | 0,08 | 0,1 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,1 | 0,1 | 0,1 | 0.194 |
Futures, maker fee(%) | 0,02 | 0,02 | 0,02 | 0.024 |
Futures, taker fee(%) | 0,05 | 0,05 | 0,055 | 0.053 |
What are OKX deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0004 BTC 2,6 USDT |
Does OKX offer P2P trading?
Yes, OKX offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.OKX P2P Fees
Deposit and withdrawal
OKX received a 7/10 rating for its deposit and withdrawal services. While OKX covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Google Pay supported
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No PayPal option
- Bank transfers not available
- Withdrawal fee applies
Deposit and withdrawal options
OKX supports the following deposit and withdrawal options: Bank Card, Crypto, Google Pay, Apple Pay.
OKX Deposit and withdrawal options vs competitors
OKX | Kraken | Crypto.com | |
Bank transfers | No | Yes | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | Yes | Yes |
What is OKX minimum deposit?
The minimum deposit at OKX is 10 USD/USDT or 0,0005 BTC. The minimum trade size is 0,00001 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
OKX minimum deposit vs competitors
OKX | Kraken | Crypto.com | |
Minimum deposit, USD or USDT | 10 | 10 | 1 |
Minimum deposit, BTC | 0,0005 | 0,0001 | 0,00001 |
Minimum trade amount, USD/USDT | 0,00001 | 1 | 1 |
Does OKX support fiat money?
OKX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
OKX received a score of 9/10 in this category, highlighting its excellent selection of tradable assets and market access. OKX supports 329 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- Yield farming available
- Crypto futures available
- NFTs available
- Regional product restrictions are possible
OKX supported coins and markets vs competitors
We compared OKX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
OKX | Kraken | Crypto.com | |
Supported coins | 329 | 278 | 250 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | Yes | No | No |
NFTs | Yes | Yes | Yes |
OKX passive income options vs competitors
We also compared OKX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
OKX | Kraken | Crypto.com | |
Staking | Yes | Yes | Yes |
Yield farming | Yes | Yes | Yes |
Copy trading | Yes | Yes | No |
Trading apps & tools
OKX received a score of 9.75/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- App data protection with 2FA
- Full-featured trading on desktop
- Automated trading with bots
- Strategy sharing with Copy Trading
- Advanced orders not available
Trading apps
OKX provides web and mobile apps for both Android and iOS users, with an average rating of iOS App Score on the App Store and Android App Score on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the OKX platform is for mobile use.
OKX | Bybit | |
2FA | Yes | Yes |
Face ID | Yes | Yes |
Mob Indicators | Yes | Yes |
Alerts | Yes | Yes |
Advanced Orders | Yes | Yes |
Trading with bots | Yes | Yes |
API | Yes | Yes |
Extra trading platforms | No | MT4 |
Does OKX offer a desktop app?
Yes, OKX offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does OKX offer advanced charting with TradingView integration?
Yes, OKX offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
Foundation date | 2017 |
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Registration address | 202, 2. Stock, Eden Plaza, Eden Island, Victoria, Mahé, Seychellen |
Official site | https://www.okx.com/ |
Contacts |
+1 226 798 4487
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