OKX Review
- Fiat currencies
- 1
- Supported assets
- 181
Our verdict
A powerful exchange that packs in a ton of advanced features and a wide range of cryptocurrencies — but it’s not available in all states.
OKX is a feature-rich crypto exchange that combines low, competitive maker/taker fees with a powerful suite of tools for both casual and advanced traders. Its mobile app is highly rated for its clean interface, advanced charting and seamless token swaps, making it easy to trade on the go. Users can access over 170 cryptocurrencies, a self-custody wallet with multi-chain support and four different ways to earn yield — more than many competitors. However, it’s not available in every state, and some users may find the fee schedule confusing.
Pros
-
Over 170 cryptocurrencies
-
Robust advanced tools
-
Self-custody wallet
Cons
-
Complex fee schedule
-
Not available in KY, NY, TX or most US territories
-
No fiats besides USD
Details
Product details
| Product Name | OKX Cryptocurrency Exchange |
| Fiat Currencies | USD |
| Cryptocurrencies | BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, BNB, DAI, STETH & 170 more |
| Deposit Methods |
Bank transfer (ACH) Debit card Wire transfer Apple Pay Google Pay Plaid |
| Trading Fee |
Trading: Regular users: 0.14% maker fees and 0.23% taker fees VIP users: -0.01% to 0.09% maker fees and 0.015% to 0.18% taker fees Spread:Varies, 1% average |
| Deposit Fees |
Bank transfer (ACH): No fees Domestic wire transfer: No fees Apple Pay: 2.5% Google Pay: 2.5% |
| Withdrawal Fees |
Bank transfer (ACH): No fees Domestic wire transfer: $30 |
OKX is best for beginners looking to expand
Those with a bit of crypto experience looking to increase their holdings or trade crypto more often might find OKX ideal. Customers frequently call out how intuitive and easy the platform is to use and how competitive the fees are, especially for someone making regular purchases.
At the same time, it offers plenty of advanced tools for those wanting to take their crypto investment to the next level. Some key features include a Unified Order Book, detailed charts, analysis tools and a self-custody wallet with a built-in DEX Aggregator, just to name a few.
Many of the exchanges we review focus on either beginners or advanced traders, so it’s nice to see a platform that walks the line and might appeal to those looking to “break out” of their beginner status as a crypto investor.
What we like about OKX
OKX has plenty going for it, especially features that intermediate and advanced traders will appreciate.
Robust advanced tools
OKX packs several powerful features into its platform, giving users more ways to trade, swap and earn without leaving the exchange.
- Convert. Swap tokens directly for no fee and without having to convert to USD or a stablecoin first.
- Unified Order Book. Trade USD pairs using USD, USDC or other selected stablecoins pegged 1:1 with USD, combining the liquidity of USD-based assets into a single orderbook.
- Advanced mode. Provides advanced customization for on-chain trading and combines centralized trading tools all in one view, including real-time data, customizable slippage, MEV protection and multi-chain support.
- Earn. Generate yield and daily rewards on over 100 tokens through four unique programs:
- USDG Earn. Earn up to 4.1% APY on USDG held on OKX. No subscriptions or monthly fees, no deposit minimums, no caps.
- Simple Earn. Allows users to deposit their crypto assets to earn market-based interest and withdraw their assets at any time.
- Dual Investment. Lets you set up a buy or sell order for a crypto pair (like BTC/USDT). While you wait for the order to go through, you earn a fixed return. When the price reaches your chosen level, the trade happens automatically, and you get your return in crypto.
- On-chain. Presents a curated selection of staking and DeFi protocols for on-chain rewards.
Many of the exchanges we review only offer basic staking as a way to earn yield on crypto — if the feature is available at all. Offering four is impressive and a rare find.
CeDeFi trading
Added November 15, OKX’s new CeDeFi feature gives users access to decentralized markets without the need to set up a separate wallet or move funds off the exchange. It creates a self-custody wallet that automatically uses passkey security and lets you trade on Solana, Base and other supported networks directly from your OKX balance.
This setup removes the usual steps involved in DEX trading, such as seed phrases, network switching or bridging tokens for gas fees. Your trades are routed through 100+ liquidity pools to find the best available price, and all on-chain actions remain visible and verifiable.
For traders who want early access to tokens that launch on DEXs first, CeDeFi provides a simpler way to participate while staying inside the OKX interface. This feature is extremely uncommon in the States, at least as of December 2025. Most platforms we’ve reviewed either require a completely separate wallet app for DEX access or make you move assets off the exchange before you can trade on-chain.
Self-custody wallet
While some exchanges have begun to offer a self-custody wallet with extra features, finding one that offers all this is still pretty uncommon in the crypto ecosystem.
- Self-Custody Security. You control your crypto keys, and therefore, your crypto assets.
- Multi-Chain Support. Access and manage your assets across 80+ blockchains, all in one wallet.
- Built-in DEX Aggregator. Get the best prices by routing swaps across multiple decentralized exchanges.
- Web3 Access. Connect seamlessly to DeFi platforms, NFT marketplaces and dApps.
Wide range of cryptocurrencies
Traders looking to purchase alt and memecoins should be pleased by OKX’s offerings. It provides access to hundreds of coins and tokens, everything from your typical bitcoin, ethereum and XRP to obscure coins like SushiSwap, Smooth Love Potion and Synthetix.
This variety makes OKX appealing to both beginners looking to purchase familiar coins and advanced crypto traders looking for niche exposure.
Where OKX falls short
OKX has a lot to offer, but there are a few drawbacks to consider.
Complex fee schedule
OKX’s fees are transparent and competitive. However, the fee schedule may be a tad confusing for some. Those brand-new to crypto trading might not know the difference between maker and taker fees or what negative fees mean.
Also, the large asset and volume thresholds and high withdrawal limits may give the impression that it’s designed for advanced, high-income traders rather than beginners just looking to get into the crypto game.
For comparison, Kraken features a straightforward 1% fee schedule for buying and selling crypto, which some might find more beginner-friendly.
OKX’s fee schedule
| Tier | Assets (USD) | OR | 30-Day Trading Volume (USD) | Maker Fee | Taker Fee | 24h Crypto Withdrawal Limit (USD) |
|---|---|---|---|---|---|---|
| Regular User | 0 – 20,000 | / | 0 – 100,000 | 0.14% | 0.23% | 10,000,000 |
| VIP 1 | 20,001 – 25,000 | / | 100,001 – 250,000 | 0.09% | 0.18% | 24,000,000 |
| VIP 2 | 25,001 – 50,000 | / | 250,001 – 500,000 | 0.07% | 0.14% | 32,000,000 |
| VIP 3 | 50,001 – 250,000 | / | 500,001 – 2,500,000 | 0.05% | 0.09% | 40,000,000 |
| VIP 4 | 250,001 – 500,000 | / | 2,500,001 – 5,000,000 | 0.04% | 0.08% | 48,000,000 |
| VIP 5 | 500,001 – 1,000,000 | / | 5,000,001 – 10,000,000 | 0.00% | 0.07% | 60,000,000 |
| VIP 6 | 1,000,001 – 2,000,000 | / | 10,000,001 – 20,000,000 | -0.01% | 0.05% | 72,000,000 |
| VIP 7 | 2,000,001 – 5,000,000 | / | 20,000,001 – 50,000,000 | -0.01% | 0.04% | 80,000,000 |
| VIP 8 | 5,000,001+ | / | 50,000,001+ | -0.01% | 0.02% | 80,000,000 |
Not available nationwide
While OKX is available in most states, those located in Kentucky, New York or Texas cannot access the platform. It’s also unavailable in most US territories, including American Samoa, Guam, Northern Mariana Islands and the US Virgin Islands.
Crypto enthusiasts residing in those states may need to check out other platforms that are available nationwide, such as Robinhood or Gemini.
Limited fiat currencies
OKX only features USD as a fiat currency. Investors looking to diversify their funds and hedge against the US dollar will be out of luck. Also, those who frequently receive payments or income in a foreign currency will need to convert their funds to USD before purchasing any crypto.
Other exchanges often provide multiple currencies for purchase and trading. For example, eToro supports 25 fiat currencies in addition to USD.
Is OKX legit?
Yes, OKX is legit. It is ranked fifth most popular trading platform based on traffic, liquidity, trading volumes and confidence in the legitimacy of trading volumes reported, according to CoinMarketCap. It claims to provide service to over 100 million users worldwide in over 180 markets.
Its customers consistently note its strong security measures and helpful customer service in their reviews. To date, it has yet to experience a serious hack or breach of its platform.
However, in February 2025, OKX pleaded guilty to violating US anti-money laundering laws and paid a fine totaling more than $500 million. Since then, OKX has worked to regain its reputation by publishing monthly proof-of-reserves reports and retaining an external compliance consultant until 2027.
While OKX employs robust security features and operates a risk reserve fund to cover unexpected losses, your crypto assets aren’t covered by insurance like most traditional investments. As with any exchange, avoid storing large amounts of currency on the platform and instead transfer your assets to a crypto hardware wallet.
Listed OKX crypto exchange assets
OKX supports over 170 cryptocurrencies, including many popular coins. However, a few notable ones are missing from its lineup, including BNB and Hyperliquid.
Popular assets on OKX
- Bitcoin
- Ethereum
- XRP
- Tether
- BNB
- Solana
- USDC
- Dogecoin
- TRON
- Cardano
- Sui
- Chainlink
- Bitcoin Cash
- Stellar
- Avalanche
- Hedera
- Cronos
- BNB
- Hyperliquid
- Ethena USDe
- Stellar
- UNUS SED LEO
How to sign up for OKX
Signing up for OKX is fairly straightforward and will only take a few minutes. However, identity verification may take a few hours to a few days before you can access all the platform’s features.
- Download the mobile app or visit the OKX website and select Sign Up.
- Enter your personal information, including your location, email address and phone number. You will need to verify both your email and phone via a code sent to you.
- Create your password and acknowledge the terms of service.
- Sign in to your account. To use all features, you’ll need to verify your identity by submitting a government-issued photo ID. In some cases, a selfie or proof of address, such as a utility bill, might also be requested.
- Access your dashboard once your identity has been verified and make a deposit to start trading.
Customer experience
| Trustpilot score | 2.3 out of 5 stars, based on 1,570 customer reviews |
|---|---|
| App Store Score | 4.6 out of 5 stars, based on 2,100 customer reviews |
| Google Play Score | 4.4 out of 5 stars, based on 894,200 customer reviews |
| Customer reviews verified as of | 06 October 2025 |
OKX does not have a page or rating with the Better Business Bureau (BBB). On Trustpilot, it scores a lukewarm 2.9 out of 5 stars. Positive reviews highlight the quick and helpful customer support and how easy the platform is to use. Negative reviews report trouble logging in, difficulty withdrawing funds and frozen accounts.
However, OKX scores much better on mobile reviews. It earns a 4.6 rating on iOS and a 4.4 rating on Android. Positive feedback praises the easy navigation, competitive fees and advanced trading tools. Negative comments mirror those found on Trustpilot, including issues with withdrawing funds and suspended accounts.
Compare OKX to other platforms
Compare similar platforms by available asset types, trade fees and minimum deposit requirements. Select Go to site to sign up for an account.
Frequently asked questions
Is OKX a Chinese company?
Yes, OKX was originally established in China in 2013 and is now based in the Seychelles, a group of islands in the Indian Ocean off the coast of East Africa. OKX is an international exchange with a worldwide presence and serves over 180 markets.
Can Americans use OKX exchange?
Yes, OKX recently relaunched in the United States. Americans residing in any state except Kentucky, New York and Texas can use the OKX exchange, including those located in DC and Puerto Rico. Its US headquarters is located in San Jose, California.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Sources
Your reviews
Holly Finder
Copy Editor
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.
Joshua Finder
February 10, 2019
Hi TheresaW,
Thanks for getting in touch with finder. I hope all is well with you. :)
Okex Exchange does not use any specific bank. It is their user who will be using the bank to transfer funds to their OKEx account. So, whatever your bank might be, as long as it permits transfers to OKEx account, then that bank can be used.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
Show more Show less
Nasir
September 19, 2018
Sir please Guide me can i deposit through Bank transfer from pakistan
joelmarcelo
September 19, 2018
Hi Nasir,
Thanks for leaving a question on finder.
Before, you can use urdubit to withdraw funds as per OKEx website. Unfortunately, the Bank of Pakistan has prohibited dealing with cryptocurrency since April of this year. Sorry about that.
Please send me a message if you need anything else. :)
Cheers,
Joel
Show more Show less
TheresaW
February 03, 2019
What bank does Okex Exchange use?