OKX stands as a leading centralized cryptocurrency exchange (CEX), securing #13 on BitDegree's Exchange Tracker. With a robust 24-hour trading volume of $2.12B** and a weekly volume surpassing **$2.38T, OKX supports 346 cryptocurrencies, 46 fiat currencies, and 1,037 markets. The platform’s most active trading pair is ETH/USDT.
Core Features of OKX Exchange
Trading Services
- Spot & Derivatives Markets: Trade across crypto-crypto and crypto-fiat pairs.
- Margin Trading: Leverage up to 75x with flexible strategies.
- Perpetual Swaps & Options: Advanced tools for derivatives traders.
- Block Trading: OTC desks for large-volume transactions (minimum $50,000).
- Trading Bots: Automated strategies for optimized execution.
👉 Explore OKX’s advanced trading tools
Fee Structure
OKX employs a tiered fee model based on user status (Regular/VIP), OKB holdings, and trading volume:
| Tier | Maker Fee | Taker Fee | OKB Holding Requirement |
|---|---|---|---|
| Regular L1 | 0.080% | 0.100% | <500 OKB |
| VIP L1 | 0.060% | 0.080% | $100K+ assets |
| VIP L5+ | 0.000% | 0.020% | $10M+ assets |
VIP tiers reduce fees progressively, with makers earning rebates at higher levels.
Additional Offerings
- OKX Earn: Stake assets for passive income via staking or dual investments.
- OKX Loan: Flexible/fixed loans with competitive rates.
- OKX Jumpstart: Blockchain incubator for emerging projects (requires KYC Level 2).
- OKC Oracle: Real-time price feeds for DeFi/GameFi developers.
Company Background
Founded in 2017 as OKEx and rebranded in 2022, OKX operates under CEO Jay Hao from its Seychelles headquarters. Despite originating in China, the platform complies with global KYC standards and restricts access from China and the U.S.
Milestones
- 2018: Dominated global derivatives volume ($90B+ monthly).
- 2020: Launched OKC smart contracts platform.
- 2021: Exited Chinese market post-regulatory changes.
👉 Discover OKX’s full suite of services
FAQs
1. What cryptocurrencies does OKX support?
OKX lists 346+ cryptocurrencies, including major tokens like BTC, ETH, and its native OKB.
2. How do OKX fees compare to other exchanges?
OKX offers competitive tiered fees, with VIP users paying 0% maker fees at higher tiers.
3. Can U.S. residents use OKX?
No, OKX restricts access for users in the U.S. and China due to regulatory compliance.
4. What is OKX Jumpstart?
A launchpad for new crypto projects, requiring staking of OKB tokens and KYC verification.
5. Does OKX offer leverage trading?
Yes, margin trading supports up to 75x leverage on select pairs.
6. How does OKX ensure security?
The platform employs KYC checks, cold storage, and two-factor authentication (2FA).