OKX (formerly known as Ouyi) is a leading global cryptocurrency exchange platform that officially adopted its Chinese name in February 2021. Since its establishment on May 31, 2017, OKX has built a comprehensive product ecosystem serving over 20 million users across 200+ countries and regions.
Core Products and Services
- Spot & Margin Trading: Supports diverse crypto-to-crypto transactions
- Derivatives: Offers futures/perpetual contracts and options trading
- DeFi Integration: Includes decentralized exchange (DEX) access, yield farming, and lending services
- Wealth Management: Features flexible savings products like "Yu Bao Bao"
๐ Discover OKX's full product suite
Evolution and Milestones
2018: Foundation Building
- January: Launched OKB ecosystem token
- June: Introduced OKEx Cloud Platform (originally "Win-Win Plan") for exchange infrastructure sharing
- November: Debuted Yu Bao Bao flexible savings product
2020: Technological Advancements
- February: Released OKEx Chain (OEC) testnet
- June: Hosted first OEC hackathon with $5K OKB prizes
2021: Brand Transformation
- February: Officially rebranded as Ouyi (ๆฌงๆ) in Chinese markets
- March: Suspended Weibo account operations
Key Differentiators
- Regulation-First Approach: Relocated headquarters from Belize to Malta (2018) for enhanced compliance
- Educational Initiatives: Produced blockchain tutorial series OK Blockchain 60 Lectures with Sina Finance
- Global Infrastructure: Supports localized services through 120+ exchange partners via OKEx Cloud
FAQ Section
Q: Is OKX the same company as Ouyi?
A: Yes - Ouyi is the Chinese name for OKX, representing the same unified platform since 2021.
Q: What makes OKB unique among exchange tokens?
A: OKB facilitates exclusive benefits across OKX's ecosystem, including fee discounts and participation in token sales.
Q: How does OKX ensure platform security?
A: Through institutional-grade cold/hot wallet segregation and multi-layered identity verification systems.
For traders seeking a proven exchange with deep liquidity and innovative products, ๐ OKX delivers unmatched reliability.
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