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Is OKX a Reliable Crypto Exchange? Is It Safe?

Andrey Mastykin
Written by:
Andrey Mastykin
Dan Blystone
Reviewed by:
Dan Blystone
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
June 05, 2026
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OKX is available in US
OKX REVIEW

According to our experts assessment, OKX is an exchange with the highest level of reliability and security. It consistently meets international compliance standards and applies advanced measures to protect user assets.

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

According to our research, the following factors support OKX strong security profile:

  • Based on our methodology, it scored 7.5/10 in the Security and Regulation category.
  • Tier-1 regulation — top-level supervision by trusted authorities
  • Offers protection through an investor compensation fund
  • Stores client assets securely in cold wallets
  • Uses two-factor authentication for added safety

Is OKX safety backed by government regulation?

Yes, OKX is government-regulated, meaning it operates under official oversight that ensures compliance with local financial requirements. However, it is not Tier-1 regulated, so the level of investor protection and transparency may be lower compared to top-tier jurisdictions.

OKX is regulated in the following regions: MFSA in Malta

How strong are OKX security measures?

Overall, OKX adheres to the core security standards and industry best practices. We compared its protection level with leading exchanges to help you make the right choice.

OKX Security Measures
Cold wallet storage Yes Yes Yes
2FA Yes Yes Yes
Facial authentication Yes No No
Investor protection fund Yes No Yes

Has OKX ever suffered a successful hack?

We conducted an audit of publicly available information and found no evidence of successful hacks against OKX. Public records, news coverage, and security disclosures contain no reports of breaches that resulted in loss of customer funds.

What is the user feedback on OKX?

User ratings for OKX are an important indicator of both security and user experience. We collected an overall score from Traders Union users and ratings from app stores (App Store, Google Play), and compared them with the leaders in our crypto-exchange rankings

User Satisfaction Score At Traders Union, we use the Customer Satisfaction Score (CSAT) to gauge user satisfaction. CSAT is calculated from reviews on each exchange’s Traders Union profile. Our dataset spans 13+ years of user feedback.
7.2/10 7.6/10 7.3/10
Android App Score 4.3 4.5 3.7
iOS App Score 4.6 4.7 4.7

Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • Examine internal controls and personnel practices
    Strong internal governance reduces insider risk. I check whether exchanges describe segregation of duties, background checks for staff in custody and ops, and role-based access controls. Good controls include separate teams for operations and audits, multi-party approvals for key operations, and strict change-management processes. Public documentation of governance (board oversight, security leadership, incident-response teams) indicates an organisation that treats security holistically, rather than an engineering team that’s solely firefighting day-to-day incidents.

Editors' Top Picks and Insights

All news

Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Learn about our editorial policies
Dan Blystone
Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

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