OKX is a centralized exchange ranking #13 in our Exchange Tracker. It boasts a trading volume of $1,777,401,650** in the last 24 hours and **$2.38T over the past 7 days.
Currently, OKX supports 343 cryptocurrencies, 46 fiat currencies, and 1,037 markets (trading pairs). The most popular trading pairs include BTC/USDT.
👉 Why OKX stands out among crypto exchanges
Overview
Previously known as OKEx, OKX is a centralized cryptocurrency exchange (CEX). It offers:
- Spot and derivatives markets
- Block trading
- Trading bot
- Lending and yield programs
- DeFi services for developers
The platform is KYC-compliant and operates globally, excluding users from China and the U.S.
Markets
OKX provides over 600 trading pairs and 300+ tokens across spot and futures markets. Users can also create P2P trading markets in preferred currencies, supporting 40+ fiat options (USD, EUR, GBP, AUD).
Native Token: OKB
OKX hosts its native token, OKB, which grants holders discounts on trading fees.
Key Features:
- Instant crypto converter (free for all listed assets)
- Margin trading (up to 75x leverage)
- Perpetual swaps
- Options trading
👉 Discover OKX trading benefits
Fee Structure
Regular Users:
5 tiers based on OKB holdings:
| Tier | OKB Held | Maker Fee | Taker Fee |
|------|----------|-----------|-----------|
| 1 | <500 | 0.080% | 0.100% |
| 2 | 500–999 | 0.075% | 0.095% |
| 3 | 1,000–1,499 | 0.070% | 0.090% |
| 4 | 1,500–1,999 | 0.065% | 0.085% |
| 5 | ≥2,000 | 0.060% | 0.080% |
VIP Users:
8 tiers with lower fees, requiring:
- Portfolio value >$100K
- 30-day trading volume >$10M
Additional Services
- OKX Earn – Passive income via staking and dual investments.
- OKX Loan – Flexible/fixed loans with competitive rates.
- OKX Jumpstart – Blockchain incubator for new projects.
- OKC Oracle – Web3 developer tools and price feeds.
Company Background
- Founded: 2017 (as OKEx)
- Renamed: OKX (January 2022)
- Headquarters: Seychelles
Key Figures:
- Jay Hao (CEO since 2018)
- Star Xu (Founder, now separated from OKX)
Milestones:
- 2018: Largest crypto exchange by volume.
- 2019: Dominated derivatives trading (~$90B monthly volume).
- 2020: Launched OKC smart contract platform.
- 2021: Exited China due to regulatory bans.
FAQ
1. Is OKX available in the U.S.?
No, OKX restricts access for U.S. and Chinese users.
2. What is OKB used for?
OKB reduces trading fees and unlocks VIP tiers.
3. How does OKX ensure security?
KYC compliance, cold storage, and regular audits.
4. What’s the minimum for block trading?
$50,000 per order.
5. Can I trade anonymously on OKX?
No, KYC verification is mandatory.
6. Does OKX support staking?
Yes, via OKX Earn.
For more details, explore OKX’s official resources. 🚀