OKX (formerly OKEX) is one of the world's largest cryptocurrency exchanges by trading volume and user base. With a wide range of trading tools, user-friendly interface, and over 900 crypto pairs, it remains a top choice for traders and investors globally. Notably, OKX became the first global exchange to receive a MiCA license, authorizing its operations across the European Economic Zone.
👉 Discover OKX's trading platform
Ownership and Registration
OKX originated from OKCoin, a project halted due to China's crypto restrictions. Founded in 2017 by Chinese entrepreneur Star Xu, the platform rebranded to OKX, reflecting its evolution into a digital finance ecosystem rather than just a trading venue.
Key details:
- Headquarters: Seychelles (Aux Cayes FinTech Co. Ltd.)
- Parent company: OK Group (52% owned by Star Xu)
- Offices: Dubai, Hong Kong, Turkey, Singapore, and Australia
Restricted Countries
OKX does not serve users from:
- USA, UK, Canada
- Nigeria, India, Bangladesh
- Iran, Cuba, North Korea, Syria
- Russia (partial restrictions apply)
Core Features and Services
- Spot Trading – Buy/sell cryptocurrencies with your funds.
- Margin & Futures – Trade with leverage (up to 125x).
- P2P Platform – Fiat-to-crypto exchanges (excluding RUB).
- Premarket Futures – Trade futures pre-listing (e.g., DOGS, Hamster Kombat).
- Web3 Wallet – Supports 85+ blockchains (CertiK-certified security).
- Trading Bots – Automate strategies with AI tools.
- Earn Products – Staking, locked savings, and yield farming.
Fees Structure
| Fee Type | Maker/Taker Rates |
|------------------|-------------------|
| Spot Trading | 0.08% / 0.1% |
| Futures Trading | 0.02% / 0.05% |
Discounts available via:
- Holding OKB tokens
- High trading volumes
- Promo codes
Competitor Comparison
| Exchange | Spot Fees (Maker/Taker) |
|----------|-------------------------|
| Binance | 0.1% / 0.1% |
| Bybit | 0.1% / 0.1% |
| KuCoin | 0.1% / 0.1% |
Trading Volume Insights
- 24-hour peak (2024): $105 billion
- Top pairs: BTC (37.5%), ETH (31.5%)
Exchange Rankings:
- Binance ($82.2B)
- OKX ($37.1B)
- Bybit ($32.5B)
OKB Token Economics
- Total supply: 300M (periodic burns reduce circulation)
- Use cases: Fee discounts, Jumpstart participation
- Price support: 30% of revenue used for buybacks
FAQ
Q: Is OKX available in the USA?
A: No, but the CEO confirmed plans for a future US launch.
Q: Are Russian users restricted?
A: Yes—deposits/withdrawals are crypto-only, and accounts may face freezes if linked to sanctioned entities.
Q: How to reduce fees on OKX?
A: Hold OKB tokens, trade higher volumes, or apply promo codes.
Q: What makes OKX unique?
A: MiCA compliance, premarket futures, and robust Web3 integration.