OKX Exchange Review: What Is It and How to Use OKX?

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In recent years, the number of people deciding to invest in cryptocurrencies and start trading to earn profits has grown significantly. As a result, users seek secure and user-friendly crypto exchanges that support multiple cryptocurrencies and offer low trading fees. If you're searching for such a platform, you may have come across mentions of OKX.

OKX is a popular cryptocurrency exchange and trading platform offering advanced features for anyone looking to buy, sell, or trade digital assets. This guide answers all your questions about the company and its platform, helping you decide if it’s right for you. Pay close attention to the pros and cons to make an informed choice.

👉 Discover how to maximize your crypto trading experience with OKX

Note: The company rebranded from OKEx to OKX, dropping the "E" from its name. However, since many still refer to it as OKEx, we’ll use that name for clarity. Alternatives like Binance and Coinbase are also industry leaders.

Let’s begin by introducing the company!

Advantages

Disadvantages

Table of Contents

  1. OKX Exchange Review: What Is OKX?

  2. OKX Exchange Review: Advantages

  3. OKX Exchange Review: Disadvantages

  4. How to Use OKX Exchange?

  5. Conclusion

What Is OKX?

Founded in 2017, OKX is a Malta-based cryptocurrency trading platform used by millions across 100+ countries. The company provides advanced financial services powered by blockchain technology.

OKX is a well-recognized brand in the industry, with nearly $750 million in daily trading volume. The platform prioritizes security, offering users a safe and reliable environment for crypto trading. It also ensures usability, even for those new to cryptocurrency trading.

Through various OKX Exchange reviews, we’ll explore its functionality, key advantages, disadvantages, and more—helping you determine if it lives up to its reputation.

OKX Exchange Review: Advantages

Let’s examine the strengths of OKX and why so many users prefer it over alternatives.

650+ Trading Pairs, 340+ Cryptocurrencies

OKX supports 340+ cryptocurrencies and offers 650+ trading pairs, surpassing many top-rated exchanges. Popular supported assets include:

Example trading pairs:

OKX also supports multiple fiat currencies, including:

Payment methods include credit/debit cards, bank transfers, PayPal, and more.

👉 Start trading with OKX today

Advanced Functionality

OKX isn’t just a standard exchange—it also enables:

These features cater to experienced traders but may overwhelm beginners.

Robust Security

OKX implements strong security measures:

Mobile App

The OKX app (4.5/5 rating on Google Play) offers:

Quality Customer Support

OKX provides:

Low Fees

Fee Structure:

| User Type | Maker Fee | Taker Fee |
|-----------------|-----------|-----------|
| Standard | 0.08% | 0.10% |
| Advanced | 0.06% | 0.08% |

VIP users enjoy even lower fees.

OKX Exchange Review: Disadvantages

Not Beginner-Friendly

OKX’s advanced features (margin trading, options) can be complex for newcomers. However, the OKX Academy offers tutorials and a glossary for learning.

How to Use OKX Exchange?

How to Register on OKX?

  1. Visit OKX’s Website.
  2. Click "Sign Up".
  3. Enter your email/phone and password.
  4. Complete identity verification.

How to Deposit Funds?

Deposit via:

Conclusion

OKX is a top-tier crypto exchange with:

However, its complexity may deter beginners. Alternatives like Binance or Coinbase may be more beginner-friendly.

Ready to start trading?

👉 Sign up on OKX now

FAQ

Is OKX safe?

Yes, OKX uses cold storage, 2FA, and anti-phishing measures to secure user funds.

What are OKX’s trading fees?

Standard fees are 0.08% (maker) and 0.10% (taker).

Can beginners use OKX?

While possible, OKX is best suited for experienced traders due to advanced features.

Does OKX have a mobile app?

Yes, the OKX app is available for iOS and Android.