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OKX

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Company health

Employee growth
116% increase in the last year
Web traffic
28% increase in the last quarter

Ratings

G2
4.7/5
(51)
Glassdoor
3.9/5
(548)

OKX description

OKX is a global platform for buying, selling, and trading over 350 cryptocurrencies. It offers a simple way to buy and sell popular cryptocurrencies, as well as advanced trading tools for experienced investors. OKX also provides a secure digital wallet to store your crypto assets. While OKX's exchange services are not currently available in the United States, their digital wallet can be accessed globally.


Who is OKX best for

OKX is a global cryptocurrency exchange platform ideal for both beginners and experienced traders. It offers a wide selection of cryptocurrencies, advanced trading tools, and a secure digital wallet. Users praise the easy-to-use interface and fast order execution. However, some have reported issues with account blocking and unresponsive customer support. While the exchange services are unavailable in the US, the digital wallet is accessible globally.

  • Best for small businesses.

  • No industry fit data available.


OKX features

Supported

OKX allows depositing and withdrawing cryptocurrencies.

Supported

OKX allows direct exchange of one cryptocurrency for another without converting to a base currency.

Supported

OKX supports margin trading with leverage up to 10x.

Supported

OKX allows users to buy and sell hundreds of cryptocurrencies.

Supported

OKX uses cold storage to protect the majority of user funds offline.

Supported

OKX offers various trading bots, including Spot Grid, Futures Grid, and third-party integrations.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather negative
-0.33

Reliability and Performance

Neutral
+0

OKX reviews

We've summarised 51 OKX reviews (OKX G2 reviews) and summarised the main points below.

Pros of OKX
  • Easy-to-use interface and fast order execution.
  • Wide variety of cryptocurrencies and trading pairs.
  • Lightning network support for Bitcoin deposits.
  • Low transaction fees.
  • Secure platform with two-factor authentication.
Cons of OKX
  • Account blocking and unresponsive support, causing financial difficulties.
  • Limited P2P merchants for MMK (Myanmar Kyat).
  • Long dispute resolution times for P2P trading.
  • High withdrawal fees.
  • Occasional technical problems and downtime.

OKX pricing

The commentary is based on 17 reviews from OKX G2 reviews.

OKX's fees are tiered based on 30-day trading volume, OKB holdings, and asset amount. Higher trading volumes and OKB holdings result in lower fees. Regular users are classified by their OKB holdings, while VIP users are classified based on asset amount and trading volume. The fee level is determined by the highest level achieved across spot, perpetual and expiry futures, options, and spreads trading. The 24-hour crypto withdrawal limit also varies based on the fee level.

Users sentiment

Neutral
+0

See the OKX pricing page.

Level 1
Custom

For users with < 100 OKB. Maker fee: 0.080%, Taker fee: 0.100%

Level 2
Custom

For users with ≥ 100 OKB. Maker fee: 0.075%, Taker fee: 0.090%

Level 3
Custom

For users with ≥ 200 OKB. Maker fee: 0.070%, Taker fee: 0.080%

Level 4
Custom

For users with ≥ 500 OKB. Maker fee: 0.065%, Taker fee: 0.070%

Level 5
Custom

For users with ≥ 1,000 OKB. Maker fee: 0.060%, Taker fee: 0.060%

VIP 1
Custom

For users with ≥ 100,000 USD in assets or ≥ 5,000,000 USD in 30-day trading volume. Maker fee: 0.045%, Taker fee: 0.050%

VIP 2
Custom

For users with ≥ 500,000 USD in assets or ≥ 10,000,000 USD in 30-day trading volume. Maker fee: 0.040%, Taker fee: 0.045%

VIP 3
Custom

For users with ≥ 2,000,000 USD in assets or ≥ 20,000,000 USD in 30-day trading volume. Maker fee: 0.030%, Taker fee: 0.040%

VIP 4
Custom

For users with ≥ 5,000,000 USD in assets or ≥ 100,000,000 USD in 30-day trading volume. Maker fee: 0.020%, Taker fee: 0.035%

VIP 5
Custom

For users with ≥ 10,000,000 USD in assets or ≥ 200,000,000 USD in 30-day trading volume. Maker fee: 0.000%, Taker fee: 0.030%

VIP 6
Custom

For users with ≥ 500,000,000 USD in 30-day trading volume. Maker fee: -0.002%, Taker fee: 0.025%

VIP 7
Custom

For users with ≥ 1,000,000,000 USD in 30-day trading volume. Maker fee: -0.005%, Taker fee: 0.020%

VIP 8
Custom

For users with ≥ 5,000,000,000 USD in 30-day trading volume. Maker fee: -0.005%, Taker fee: 0.015%


OKX alternatives

  • Logo of Binance
    Binance
    Buy, sell, and trade cryptocurrencies. Secure, low fees, diverse offerings.
    Read more
  • Logo of CEX.IO
    CEX.IO
    Buy, sell, and trade crypto securely. Simple and regulated.
    Read more
  • Logo of Binance Broker
    Binance Broker
    Effortless crypto trading access integrated into your platform.
    Read more
  • Logo of Bithumb
    Bithumb
    Buy, sell, and trade cryptocurrencies easily in South Korea.
    Read more
  • Logo of Coinjar Wallet
    Coinjar Wallet
    Securely store, manage, and spend your cryptocurrency.
    Read more
  • Logo of Bitget Crypto Exchange
    Bitget Crypto Exchange
    Trade crypto, copy pros, earn rewards. Secure global exchange.
    Read more

OKX FAQ

  • What is OKX and what does OKX do?

    OKX is a global cryptocurrency exchange platform offering a wide selection of cryptocurrencies for buying, selling, and trading. It caters to both beginners and experienced traders, providing a user-friendly interface, advanced trading tools, and a secure digital wallet. However, users should be aware of potential issues with customer support and withdrawal fees.

  • How does OKX integrate with other tools?

    OKX offers trading bots with functionalities like Spot Grid, Futures Grid, and third-party integrations. While specific integrations aren't detailed, the platform supports various tools to automate trading strategies and enhance the user experience.

  • What the main competitors of OKX?

    OKX's main competitors include Binance, Gate.io, Bittrex, and PayBitoPro. These platforms offer similar services, such as buying, selling, and trading various cryptocurrencies. They also provide diverse features ranging from basic trading to advanced tools and security measures.

  • Is OKX legit?

    OKX is generally considered a legitimate cryptocurrency exchange with a wide range of features. However, some users have reported issues with account blocking and customer support. Consider these factors when deciding if OKX is safe for you.

  • How much does OKX cost?

    OKX's pricing is tiered and depends on 30-day trading volume or total asset balance. It also depends on OKB holdings for regular users and asset/trading volume for VIP users. Contact OKX for specific product pricing details.

  • Is OKX customer service good?

    OKX customer service receives mixed reviews. While some users praise the quick and helpful support, others report unresponsive support and difficulties resolving issues, especially with account blocks. Consider these varying experiences when choosing a cryptocurrency exchange.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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