Review OKX

A major global exchange with a broad product ecosystem. Offers spot, derivatives, DeFi tools, and Web3 services

6.7
out of 10

Based on detailed analysis

Quick Facts

Founded:2017
Headquarters:Seychelles
Spot Trading:✓ Yes
Futures:✓ Yes
P2P:✓ Yes

Detailed Rating

7
Trading
6
Sub Accounts
7
Exchange Verification
7
Beginner Bonuses
7
Liquidity
6
Interface Convenience
7
IEO Profitability
5
Fees
7
Reputation
8
Reliability

📘 General information about the OKX exchange

OKX is an international cryptocurrency exchange founded in 2017 and ranked among the world’s top‑5 platforms by trading volume. The platform supports more than 350 cryptocurrencies and thousands of trading pairs: from spot and futures to DeFi and P2P.

  • Futures, options, margin trading
  • Web3 wallet, P2P, and passive income
  • Support for beginners and pro traders

OKX offers a user‑friendly interface, low fees, high liquidity, and a wide range of tools for active and secure trading.

The exchange is popular thanks to its innovative features: Launchpad, staking, copy trading, and sign‑up bonuses.

📌 Fact: OKX offers welcome bonuses and coupons to all new users.

🔥 Get sign‑up bonuses on OKX

⚡ Coupons, fee discounts, and access to promos — for new users only

💱 Spot trading

OKX supports more than 400 cryptocurrencies and about 700 trading pairs. Trades are executed under the maker/taker model:

  • Base fees: 0.08% (maker) and 0.10% (taker)
  • Reduced fees with higher volume or using OKB: down to 0.06%
  • VIP clients: the possibility of a negative maker fee

The OKX terminal supports limit, market, and stop orders, numerous indicators, and customizable chart visualization.

📊 Margin trading

Available modes include isolated and cross‑margin with leverage from 3x to 10x.

  • Positions are opened by transferring funds to the margin account
  • It’s important to monitor margin levels to avoid liquidation

📈 Futures and perpetual swaps

OKX offers a wide selection of derivatives with leverage of up to 100x:

  • Fees: 0.02% (maker) and 0.05% (taker)
  • Lower rates for VIP tiers, down to –0.01%
  • A funding rate is charged every 8 hours

🧮 Options

OKX supports crypto options with advanced analytics and flexible strategies.

  • Fees: 0.02% / 0.03%, for VIP — down to –0.01%
  • Chain analysis, Greeks, margin calculation for multi‑leg strategies

🤖 Copy trading and trading bots

The platform lets you copy traders’ positions with individualized risk settings.

Automated bots are also available:

  • Spot Grid: grid trading on spot
  • Futures Grid: grid trading for derivatives
  • Smart Portfolio: portfolio rebalancing
  • TWAP: time‑weighted order execution
  • Iceberg / Arbitrage: hidden orders and arbitrage
💡 Bots are excellent automation tools but require careful configuration and risk management.

👥 Sub‑accounts on OKX

Sub‑accounts allow you to separate trading strategies, delegate management, and control risk. OKX offers two modes:

  • Standard: for self‑directed trading with asset segregation
  • Managed Trading: for discretionary management by external traders

📌 Standard sub‑accounts

  • Up to 10 accounts for regular users (more for VIP)
  • Market access: Spot, Margin, Futures, Options
  • Withdrawals — only via the main account
  • Inherit the main account’s VIP status and fees
  • Created in the “Sub‑account Management” section

💼 Managed Trading Sub‑accounts

  • For managing assets by other traders
  • The investor retains control: you can set auto‑unbind based on a threshold
  • The trading team uses master access and raises the overall VIP status
  • Unbind = removal of the link, with no possibility of re‑binding
  • You can restrict access to trade history and strategies
💡 These sub‑accounts are popular with funds and teams managing client assets.

🔐 API limits

  • Base limit: up to 1,000 orders per 2 seconds per sub‑account
  • For VIP5+ the limits increase with good order execution (fill ratio)

📊 Comparison of sub‑account types

Type Quantity Trading Withdrawals History API limit
Standard Up to 10 (or more with VIP) ⛔ (only via main) ✅ via web interface Shared with main account
Managed Trading Same as Standard ✅ (per settings) Configured by the investor May be increased (VIP5+)

🛡️ Verification on OKX: with and without KYC

On OKX, KYC verification is not mandatory but directly affects limits and available features. Without KYC you can use basic products, but with restrictions. After identity confirmation, withdrawal limits are raised, full market access opens up, and security is enhanced.

  • Without KYC: withdrawals up to 50,000 USDT per day, spot only, limited P2P, and no access to derivatives and Launchpad
  • With KYC: withdrawals up to 500,000 USDT, full access to margin, options, Earn, Launchpad, and fiat on‑ramp

The procedure takes 5–15 minutes: you need to upload an ID and take a selfie. Verification is automated, fast, and gives you priority in support.

📌 Without KYC, an account may be restricted in case of suspicious activity. Verification is not only about limits but also about security.

❓ FAQ: frequently asked questions

Can I trade on OKX without KYC?

Yes, but with a withdrawal limit and some products unavailable. For full access and bonuses — it’s better to complete verification.

How long does document verification take on OKX?

Typically 5 to 15 minutes. Sometimes up to 24 hours with manual review.

How do I get newcomer bonuses?

Register, complete KYC, and fulfill tasks in the “Rewards” section (deposit, trade, participate in promotions).

🎁 Bonuses for newcomers on OKX

OKX actively attracts new users with welcome rewards. The amount depends on verification and activity during the first 30 days.

  • Without KYC: bonuses for registration and the first trade, but with a limited amount and no access to fiat promos
  • With KYC: expanded coupons, participation in Earn campaigns, P2P promotions, and Jumpstart tasks

To receive bonuses, you need to meet the campaign conditions: make a deposit from a certain amount, trade, participate in Launchpad or Earn products.

📌 All bonuses are displayed in the “Rewards” section of your OKX account. Keep an eye on activation deadlines and terms.

💧 Liquidity on OKX

OKX is among the top‑5 crypto exchanges globally by trading volume. This ensures high liquidity for most assets and minimal slippage even for large orders.

  • 350+ coins and thousands of pairs, including derivatives and DeFi
  • Without KYC: access to the spot order book, limited trade sizes
  • With KYC: full access to futures, options, and large P2P operations

High liquidity is especially valuable for arbitrage strategies, algorithmic trading, and HFT (high‑frequency trading). OKX collaborates with top market makers and serves millions of active users.

📈 If your strategy is execution‑sensitive, OKX is one of the best CEX platforms in terms of liquidity.

🖥️ OKX interface convenience

The OKX interface suits both beginners and professionals. It’s available on:

  • 🌐 Web (browser)
  • 📱 Mobile apps (iOS, Android)
  • 💻 Desktop terminals

Users can customize workspaces, use multiple charts, order templates, and switch between trading modes — all with a unified UX and full synchronization across devices.

  • Without KYC: a basic panel for simple trades, quick access to P2P and spot
  • With KYC: a full terminal with indicators, multi‑windows, DeFi access, and all markets
🧩 The OKX interface supports hotkeys, customization, and profiles — ideal for active trading on the go.

🚀 Participating in IEOs via OKX Jumpstart

OKX Jumpstart is a platform for investing in early‑stage crypto projects. Participation in IEOs is available to holders of the OKB token, which increases its utility and gives access to listings at the lowest price.

All projects undergo audits and checks before launch, which reduces risk. Historically, many IEOs on OKX have shown returns from +100% to +800% in the first days after listing. However, results depend on market conditions and the project — there are no guarantees.

📌 IEO participation is not a guarantee of profit. Do your own research and consider market risks.

📊 What influences IEO success:

  • Project quality: idea, team, technology
  • Allocation size: the smaller it is, the higher the potential post‑listing growth
  • Investor demand: strong interest can create scarcity at listing
  • Market conditions: IEOs perform best in bull markets

OKX publishes full statistics of past IEOs in the Jumpstart section — this helps compare and analyze prior results before joining a new launch.

💸 OKX fees: trading, withdrawals, hidden costs

OKX uses a flexible fee system depending on trade type, volume, VIP status, and OKB tokens. Understanding the fee structure helps you cut costs.

Below are baseline values:

Operation type Tier Maker Taker Note
Spot Regular 0.08% 0.10% up to $100k volume
Advanced 0.06% 0.06% with OKB ≥ 1,000
VIP 1 0.045% 0.05% ≥ $100k assets
VIP 8 –0.005% 0.015% maximum discounts
Futures / Swaps Regular 0.02% 0.05%
VIP 1 0.01% 0.03%
VIP 8 –0.005% 0.015%
Options Regular 0.02% 0.03%
VIP 1 0.01% 0.02%
VIP 8 –0.01% 0.013%
Deposits Any 0% network fee only
Withdrawals Any network fee depends on network

Example: buying USDT through third‑party services may incur fees — from 0% (Revolut) to 16% (Bizum).

  • Trading fees: base rate — 0.08–0.10% for spot, lower with VIP and OKB
  • Derivatives: from 0.02% and lower, especially favorable for market makers
  • Withdrawals: depend on the network (e.g., TRC20 ~ 1 USDT, BTC ~ 0.0001 BTC)
  • Fiat: possible fees from banks or P2P sellers
🧾 OKX does not charge custody fees. But there can be spreads within the platform when converting, especially with auto‑conversion.

📉 How to reduce fees on OKX

The following steps will help minimize trading costs:

  • ✅ Complete KYC — this unlocks access to VIP rates
  • 📈 Increase your 30‑day trading volume
  • 🪙 Pay fees with OKB tokens — up to a 20% discount
  • 📊 Use limit orders — makers pay less

OKX remains one of the most competitive exchanges on fees for active traders.

❓ Fees on OKX — FAQ

What’s the minimum trading fee on OKX?

From 0.02% for makers with VIP status and paying in OKB.

Are there any hidden fees?

No, but you may encounter spreads during conversions and network fees on withdrawals.

Is it possible to trade with zero fees?

Not completely, but with VIP status, OKB, and limit orders you can significantly reduce fees.

🛡️ Security and regulation

🔐 Protection of funds

  • Cold storage: most assets are stored offline — out of hackers’ reach
  • Proof‑of‑Reserves: public reserve reports + independent audits
  • Insurance fund: coverage of losses in case of failures or breaches
  • 2FA and anti‑phishing: two‑factor protection and a personal code in emails
  • Whitelist: withdrawals only to pre‑approved addresses
🧩 Account security also depends on the user: be sure to enable 2FA and keep the anti‑phishing code active.

🌍 Regulation

OKX is actively expanding its legal footprint:

  • 📜 In January 2025 — preliminary MiCA approval from the Maltese regulator
  • 🏙️ In the UAE — a VARA license to operate in Dubai
  • 🚫 Temporarily unavailable to users from the USA and China — pending local approvals

🧩 Additional services

💰 Earn platform

OKX offers flexible and fixed staking products, Dual Investment, and DeFi access via OKX Wallet. This lets you earn on your crypto holdings without active trading.

🚀 Launchpad and Jumpstart

Launchpad participants gain access to early‑stage tokens. Verification and holding OKB are required. In Jumpstart Mining you can earn tokens by temporarily locking assets.

🎨 NFT marketplace

OKX is developing an NFT marketplace supporting Ethereum, Polygon, BNB Chain with full integration into OKX Wallet.

🤝 P2P market

In the P2P section you can buy and sell crypto for fiat directly. The exchange provides escrow and counterparty ratings — it’s important to follow safety practices.

🎓 Partner program and Academy

OKX offers up to 30% commission for referred users. Educational materials are available in the OKX Academy: articles, videos, and a demo mode.

🛠️ Practical tips

  1. Hold OKB tokens. Discounts up to 25% on fees, “Advanced” level from 1,000 OKB.
  2. Choose low‑cost networks for withdrawals. For example, Arbitrum is far cheaper than Ethereum.
  3. Monitor the funding rate. Close futures positions before settlements if the rate is high.
  4. Use leverage cautiously. Place stop orders and watch your margin.
  5. Vet P2P sellers. Ratings and reviews are key to a safe deal.
  6. Add addresses to the whitelist. This prevents unauthorized withdrawals.
  7. Store 2FA backup codes. They’ll help you restore access.
  8. Assess Launchpad risks. High returns come with high volatility.
  9. Watch for promos. OKX regularly offers bonuses on Earn and first deposits.
  10. Study copy trading. Track strategies but make informed decisions.
💡 These tips are especially important for beginners: following them reduces risk and increases profitability.

✅ Conclusion

OKX is a powerful, versatile platform for traders and investors. Low fees, a high level of security, a broad ecosystem, and a rich set of tools make it one of the strongest players in the crypto exchange market.

The exchange continues to develop: securing licenses in different countries, adding new features, expanding fiat support, integrating Web3, and strengthening the protection of user funds.

However, it’s important: always choose funding/withdrawal methods, counterparties, and your own strategy carefully. Crypto markets require a thoughtful approach and adherence to basic security principles.

By using OKX wisely and following the recommendations in this review, you’ll be able to trade efficiently, safely, and with maximum returns.

Ready to Start Trading on OKX?

Register now and get welcome bonuses

Register on OKX

⚠️ Cryptocurrency trading involves high risk. Invest responsibly.