1. Fund Security
OKX Proof of Reserves (POR)
As of April 22, 2025, OKX has released six POR reports, verifying the following user assets:
- BTC: 127,238 coins
- ETH: 1,282,117 coins
- USDT: 4,254,525,678 coins
The POR system now employs zk-STARK technology, covering 21+ cryptocurrencies.
Wallet Assets & Reserve Ratios
- BTC: 130,782 coins (103% reserve ratio)
- ETH: 1,320,230 coins (103% reserve ratio)
- USDT: 4,374,962,628 coins (103% reserve ratio)
SAFU Fund
OKX's SAFU Fund has grown to $1 billion, offering robust protection against asset risks.
👉 Explore OKX's security measures
2. Trading Security
Anti-Phishing & Risk Control
In April:
- Intercepted 499 withdrawals for 471 users, recovering ~120,300 USDT.
- $1.013 billion in risk reserves triggered 231,400 times, preventing liquidation losses.
API Security
- 1,167 API Keys created via Fast API.
- 7,957 inactive API Keys purged.
Beginner Protection Plan
- 15,080 users activated a "cooling-off period" to curb impulsive trading.
Misdeposit Recovery
- 117 manual recoveries (~192,800 USDT).
- 154 auto-processed unsupported coin deposits (~9.47 million USDT).
Expansion & Compliance
OKX Launches in Germany & Poland
Fully compliant trading with:
- 270+ cryptocurrencies.
- 60+ EUR trading pairs.
Innovations
EIP-7702: Account Abstraction's "Final Form"
- Featured in Ethereum's Pectra upgrade (May 2025).
- Enhances wallet flexibility for developers/users.
OKX Pay: Non-Custodial Crypto Payments
- Seamless Web3 payments with passive earnings.
Partnerships
Standard Chartered x OKX: Staked Asset Mirroring
- Accepts crypto + tokenized funds as OTC collateral.
- Backed by a global custodian bank.
Legal Update
- OKX Seychelles settled with the U.S. DOJ, paying $84M for past compliance lapses.
- No customer harm or employee charges.
FAQs
Q: How does OKX ensure fund security?
A: Through zk-STARK PORs, 103% reserves, and a $1B SAFU Fund.
Q: What’s new in OKX’s European expansion?
A: Compliant trading for 270+ assets in Germany/Poland.
Q: What is EIP-7702?
A: Ethereum’s upgrade to simplify account management.
Q: Can I earn with OKX Pay?
A: Yes! Non-custodial payments + passive rewards.
Disclaimer: Content may vary by region. Not financial advice. Digital assets are volatile. Consult a professional.
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