Overview
OKX is a moderate-risk cryptocurrency exchange with a Global TU Score of 6.15/10. Traders Union expert Anton Kharitonov advises users to carefully weigh the platform's advantages and drawbacks before opening an account, as customer reviews indicate mixed satisfaction.
Key Features
- Minimum Deposit: ₿0.00005 (BTC)
- Trading Platforms: Proprietary platform with TradingView integration
- Supported Trading Functions: Spot trading, margin trading, NFTs, DeFi, GameFi, options, futures, indices, loans, mining, and P2P trading.
👉 Explore OKX’s advanced trading tools
Pros and Cons
Advantages of Trading with OKX
- Diverse investment programs.
- Exclusive educational academy with comprehensive resources.
- Broad selection of cryptocurrencies (329+ coins).
- Multilingual platform (20 languages).
- Mobile app available.
- High-security cold and hot wallets.
- Crypto listing services.
Disadvantages of OKX
- No fiat trading or deposits.
- Limited customer support channels.
- Unregulated in major jurisdictions.
Expert TU Opinion
OKX offers a robust integrated TradingView platform with spot, margin, NFT, DeFi, and derivatives trading. Its low fees (~0.02–0.1%) and passive income tools (staking, lending) cater to both novice and experienced traders. However, regional restrictions and lack of fiat support limit accessibility.
Best for: Crypto traders prioritizing asset diversity over fiat compatibility.
OKX Summary
| 💻 Trading Platforms: | Proprietary TradingView terminal |
| 📊 Accounts: | Real accounts only |
| 💰 Account Currency: | BTC, USDT, ETH, LTC, OKB, etc. |
| 🚀 Minimum Deposit: | 0.00005 BTC / 0.00000001 USDT |
| ⚖️ Leverage: | Margin trading available |
| 💱 Fees: | Spot: 0.08–0.1%, Futures: 0.02–0.05% |
| 📱 Mobile Trading: | Yes (iOS/Android, rated 4.6/5) |
Regulation & Security
Score: 7.5/10
- Pros: Facial recognition, 2FA, cold storage, investor protection fund.
- Cons: No Tier-1 regulation; unavailable in the U.S., UK, and others.
| Feature | OKX | Kraken | Crypto.com |
|---|---|---|---|
| Tier-1 Regulated | ❌ | ✅ | ✅ |
| Government-Regulated | ✅ | ✅ | ✅ |
| Cold Storage | ✅ | ✅ | ✅ |
Fees & Deposits
Score: 9.25/10
- Lowest fees: Spot (0.08% maker), Futures (0.02% maker).
- No deposit fees; withdrawal fees apply (0.0004 BTC).
| Fee Type | OKX | Industry Avg |
|---|---|---|
| Spot (Maker) | 0.08% | 0.15% |
| Futures (Taker) | 0.05% | 0.053% |
Supported Coins & Passive Income
Score: 9/10
- 329 coins, NFTs, derivatives.
- Passive options: Staking, yield farming, copy trading.
Mobile & Tools
Score: 9.75/10
- Advanced charting (TradingView integrated).
- Face ID, 2FA, bot trading.
FAQ
Is OKX regulated?
OKX is government-regulated but lacks Tier-1 oversight. It’s licensed in Malta (MFSA).
What’s the minimum deposit?
10 USD/USDT or 0.0005 BTC.
Does OKX support fiat deposits?
No. Crypto-only; fiat trading unavailable.
Risk Warning: Crypto trading carries high risks. Volatility may lead to significant losses.
Reviewed by Ivan, Bogdan Ulmu, and Mirjan Hipolito.