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  • Details
    • Product details
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OKX Cryptocurrency Exchange

OKX Cryptocurrency Exchange isn't available on Finder right now.

Fiat currencies
36
Supported assets
341
This is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Our verdict

Trade over 300 cryptos on one of the world’s largest digital asset exchanges.

OKX is a digital asset trading platform with tools and options designed to suit both beginner and experienced traders.

The platform enables one-click fiat-to-crypto transactions, spot trading and derivatives and margin trading. Plus, trading fees are relatively low.

Once you’ve purchased some crypto on OKX, you can use the platform to earn a yield on your digital assets through either its lending services or staking-as-a-service feature.

Unfortunately, OKX is not available to US residents and the exchange has a reputation for offering little in the way of customer service.

Pros

  • Straightforward exchange interface. The exchange feature on OKX is uncomplicated. Simply choose the fiat currency you want to make a purchase with and then select the crypto you want to buy.
  • Educational resources. OKX features tutorials, trading ideas and analysis under its “Learn” tab.
  • Over 341 cryptocurrencies supported. OKX supports 341+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges.
  • Trade with multiple fiat currencies. OKX allows you to trade with 10 currencies including USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP.
  • Deposit and withdraw USD directly to your bank account in the US. With OKX you can deposit cash from your American bank account and cash out back into the same account.

Cons

  • Not available to US users. OKX is not licensed and/or regulated in the United States. While its partner site Okcoin is, Okcoin doesn’t offer the same features as OKX.
  • Poor customer service reviews. On Trustpilot, 40% of OKX customer service reviews are 1 out of 5.
  • No live chat or phone-based customer support. OKX does not have a live customer support service. Instead you will need to consult the FAQ or contact OKX via email, which may take several days to receive a reply.

Pros

  • Trade with almost 100 fiat currencies. You can buy crypto with up to 93 different fiat currencies, including USD, EUR and JPY.
  • Copy trading. OKX enables you to copy the trades of successful traders in just a few clicks.

In this guide

  • Our verdict
  • Details
    • Product details
  • Your reviews
  • Ask an expert

OKX is one of the largest cryptocurrency exchanges in the world. Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKX offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees for high-volume traders.

Details

Product details

Product Name OKX Cryptocurrency Exchange
Fiat Currencies USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 26 more
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, BNB, DAI, STETH & 330 more
Deposit Methods Bank transfer (ACH)
Bank transfer
Credit card
Cryptocurrency
Debit card
Apple Pay
Google Pay
Trading Fee 0%
Deposit Fees Cryptocurrency: Not disclosed; blockchain network fees apply
Bank transfer (ACH): Not disclosed; bank fees may apply
Bank transfer: Not disclosed; bank fees may apply
Credit card transfer: Not disclosed
Debit card transfer: Not disclosed
Apple Pay: Not disclosed
Google Pay: Not disclosed
Withdrawal Fees Cryptocurrency: Not disclosed; blockchain network fees apply
Bank transfer (ACH): Not disclosed; bank fees may apply
Bank transfer: Not disclosed; bank fees may apply

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

About OKX — company background

Founded in 2017, OKX is a cryptocurrency exchange based in Seychelles, and it serves users in over 100 countries.

Some major jurisdictions like the United States and Singapore do not permit their residents to use the platform, while others like the United Kingdom don’t allow users to access certain features of the platform like its derivative-related services.

The exchange changed its name from “OKEX” to “OKX” in January 2022.

Listed OKX crypto exchange assets

OKX supports over 341 cryptocurrencies. In total, OKX carries 20 of the top 20 cryptos by market cap.

Popular assets on OKX
supports
Bitcoin (BTC)
supports
Ethereum (ETH)
supports
Tether (USDT)
supports
BNB (BNB)
supports
Solana (SOL)
supports
Lido Staked Ether (STETH)
supports
XRP (XRP)
supports
USDC (USDC)
supports
Cardano (ADA)
supports
Dogecoin (DOGE)
supports
Avalanche (AVAX)
supports
Shiba Inu (SHIB)
supports
Polkadot (DOT)
supports
Toncoin (TON)
supports
TRON (TRX)
supports
Chainlink (LINK)
supports
Wrapped Bitcoin (WBTC)
supports
Polygon (MATIC)
supports
Uniswap (UNI)
supports
NEAR Protocol (NEAR)

OKX fees

OKX charges a Not disclosed; bank fees may apply fee for bank transfer deposits, Not disclosed; bank fees may apply fee for bank transfer (ACH) deposits and a Not disclosed; blockchain network fees apply fee for cryptocurrency deposits.

Deposit & withdrawals fees

Transaction type Fee
Deposit funds Cryptocurrency: Not disclosed; blockchain network fees apply
Bank transfer (ACH): Not disclosed; bank fees may apply
Bank transfer: Not disclosed; bank fees may apply
Credit card transfer: Not disclosed
Debit card transfer: Not disclosed
Apple Pay: Not disclosed
Google Pay: Not disclosed

Withdraw funds Cryptocurrency: Not disclosed; blockchain network fees apply
Bank transfer (ACH): Not disclosed; bank fees may apply
Bank transfer: Not disclosed; bank fees may apply


OKX uses a maker taker fee structure for spot market trading. Instant purchases incur a separate 0.02-0.1% fee. Beware that OKX also charges a spread which may not be displayed when making a purchase.

Type Fee
Maker Ranges for spot market trading: -0.005-0.08%

Ranges for futures and perpetuals trading: -0.005-0.02%

Ranges for options trading: -0.01-0.02%

Maker fee explained. A maker fee is the fee charged when you propose an order for other traders to take. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately.

Taker Ranges for spot market trading: 0.02-0.1%

Ranges for futures and perpetuals trading: 0.015-0.05%

Ranges for options trading: 0.013-0.03%


Taker fee explained. A taker fee is a fee charged when a buy order is matched immediately with a sell order on the books. This is the fee charged when you place a market buy order.
Spread

Maker fee explained. A maker fee is the fee charged when you propose an order for other traders to take. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately.

Taker fee explained. A taker fee is a fee charged when a buy order is matched immediately with a sell order on the books. This is the fee charged when you place a market buy order.

Spread fee explained. A spread is the difference between the purchasing price and sale price of an asset and can be thought of as a markup. A spread fee is usually only apply to instant purchases and not the spot market. If a platform advertises zero fee trading then beware that they may charge a spread instead.

OKX deposit methods

  • Bank transfer (ACH)
  • Bank transfer
  • Credit card
  • Cryptocurrency
  • Debit card
  • Apple Pay
  • Google Pay

How to sign up on OKX exchange

Before you can even get started trading on OKX, you have to go through the rigorous verification process (which usually involves proof of identification). This can take quite a long time. The reason for this is OKX's commitment to certifications, and compliance with regulations and insurers.

  1. Get started
    After selecting the Get Started button, fill in the create account form.
  2. Set up payment
    Before you can start trading, you have to add your bank account to your OKX account. There are several options to choose from, so choose the option most compatible.
  3. Provide identification
    Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
  4. Start trading
    After all that is processed, you're ready to trade on OKX.

Using the OKX app

The OKX app is available for both Android and iOS devices.

Is OKX safe?

OKX also supports a few key features which users can access for additional security, including:

  • 2-factor authentication
  • Mobile verification codes for withdrawal, changing password and security settings
  • Anti-phishing codes with every email from OKX
  • Keeping your crypto secure

    All centralized exchanges, including OKX, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

    Ledger Nano X Wallet

    Trezor Model T Wallet

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    Supported assets

    5,500+

    Supported assets

    9,000+

    Price (USD)

    $149

    Price (USD)

    $179

    OKX customer support

    If you have any problems with your account or have a query about a transaction, OKX offers a handy online support center with answers to a wide range of frequently asked questions. However, if you can’t find the answer you’re looking for, you can submit an online support request, open a live chat window or email the company.

    How to reach OKX customer support

    • Discord
    • Email
    • Facebook
    • Telegram
    • Twitter

    Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

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    Tim Finder

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    Avatar

    TheresaW

    February 03, 2019

    What bank does Okex Exchange use?


    Avatar

    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


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    Avatar

    Nasir

    September 19, 2018

    Sir please Guide me can i deposit through Bank transfer from pakistan


    Avatar

    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


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