Cons

• Restricted in some countries, including the United States and mainland China, limiting global access.
• Can be complex for beginners, potentially requiring additional learning.
• Mixed customer support feedback, with some users reporting delays in resolution.

OKX provides a comprehensive suite of trading and financial products:

• Supported Cryptocurrencies & Markets:
• Over 400 digital assets, including Bitcoin (BTC), Ethereum (ETH), and numerous altcoins, with support for stablecoins like USDT and USDC.
• Spot Trading:
•  Offers market, limit, and stop-limit orders, with TradingView integration for advanced charting, ensuring precise trading.
• Derivatives & Advanced Markets: Includes futures and options trading with high leverage (up to 125x), catering to experienced traders seeking higher-risk opportunities.
• Staking and DeFi Services:Users can earn interest on crypto holdings through staking or engage with DeFi protocols, enhancing passive income potential.
• Other Features: Features a Web3 wallet for self-custody, P2P trading for flexible payment methods, and access to decentralized applications (dApps), broadening its ecosystem.

OKX’s fee structure is competitive, particularly for active traders:

• Trading Fees: Maker fees range from 0.10% to 0.06%, and taker fees from 0.15% to 0.10%, decreasing with higher trading volume, making it cost-effective for frequent traders.
• Deposit Fees: Free for cryptocurrency deposits; fiat deposits via bank transfers or credit cards may incur fees, depending on the method and region.
• Withdrawal Fees: Vary by cryptocurrency, for example, Bitcoin withdrawal fee is approximately 0.0004 BTC, aligning with industry standards.
• Futures Trading Fees: Maker fees are -0.025% (rebate), and taker fees are 0.075%, among the lowest in the industry for derivatives.

• Security Measures: Utilizes cold storage for the majority of funds, multi-factor authentication (MFA), anti-phishing codes, and a risk shield feature to protect against unauthorized access and fraud.
• Compliance: Licensed as a Money Services Business (MSB) in the U.S. with FinCEN, holds Virtual Asset Service Provider (VASP) registration in Europe, and complies with AML/KYC requirements. However, it is restricted in certain jurisdictions due to local regulations, such as the U.S. and China.
• Past Incidents: No major hacks reported in 2025, with regular Proof of Reserve (PoR) reports enhancing transparency, as seen in the eleventh report published in September 2023, showing a BTC reserve ratio of 102%.

• Fiat Deposits: Supports bank transfers (e.g., SEPA for Europe), credit/debit cards, and P2P trading, with fees varying by method; for example, SEPA deposits are often free, while card deposits may incur a 2-3% fee.
• Crypto Deposits: Free, with users sending assets to OKX’s wallet addresses across multiple blockchains, supporting over 400 cryptocurrencies.
• Withdrawals: Crypto withdrawals to external wallets have variable fees (e.g., 0.0004 BTC for Bitcoin); fiat withdrawals may be less accessible in restricted regions, with processing times typically 1-5 business days for bank transfers.

• Web Interface: Responsive and intuitive, with advanced trading tools like TradingView integration, catering to both beginners and experienced traders, though some may find it complex without guidance.
• Mobile App: Available for iOS and Android, offering full functionality including trading, staking, and wallet management, with high ratings for performance and usability.
• Performance: Generally reliable, with high liquidity ensuring fast trade execution, though some users report occasional slowdowns during high market volatility, particularly for large transactions.

• Support Channels: Offers 24/7 live chat, email support, and social media presence, ensuring accessibility for global users.
• Community Feedback: Mixed reviews on platforms like Trustpilot, with some users praising quick resolutions and others reporting delays or unresolved issues, particularly during peak times, as noted in recent 2025 feedback.