OKX Review
Editorial record: June 1, 2026
Trading Fees
0.08% / 0.1%
Cryptocurrencies
350+
Founded
2017
Source status
Sources linked
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Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.
Editorial desk producing public-source crypto product research. Pages identify their evidence and limitations; hands-on testing is claimed only when dated evidence is shown.
Last Updated: June 1, 2026
Editorial MethodOKX launched in 2017 and adopted its current name in 2022. It lists more than 350 cryptocurrencies, derivatives, earn products, and copy trading. The self-custody wallet supports more than 80 networks. Base spot fees are 0.08% maker and 0.10% taker. OKX excludes US residents and operates from Seychelles.
Our Editorial Verdict
OKX launched in 2017 and lists more than 350 cryptocurrencies. Its products include spot markets, derivatives, copy trading, earn products, and a self-custody wallet. Base spot fees are 0.08% maker and 0.10% taker. Derivatives can use leverage of up to 125x.
OKX excludes US residents and operates from Seychelles. In 2020, OKEx suspended withdrawals for five weeks because a private-key holder was unavailable. Withdrawals later resumed.
May suit: Eligible users who need the listed trading products or its multi-chain wallet.
Skip OKX if: You need US access, phone support, simpler products, or a different level of regulatory oversight.
OKX overview: fees, markets, wallet, and access
OKX launched as OKEx in 2017 and adopted the OKX name in 2022. It lists more than 350 cryptocurrencies and 700 trading pairs.
Base spot fees are 0.08% maker and 0.10% taker. OKX also lists perpetual futures, options, copy trading, earn products, and a token launch service.
The OKX Wallet is a self-custody product that supports more than 80 networks. It includes decentralized-exchange routing, bridging, and NFT tools. Self-custody makes the user responsible for keys and transaction approval.
OKX operates from Seychelles and excludes US residents. It also lists regulatory approvals in selected markets. Check the legal entity and product rules for your country.
In 2020, OKEx suspended withdrawals for five weeks because a private-key holder was unavailable during an investigation. Withdrawals later resumed. The incident shows the access risk created by centralized key control.
OKX fees and discount tiers
OKX lists base spot fees of 0.08% maker and 0.10% taker. Volume tiers and OKB holdings can reduce the listed rates.
| Market | Published base fee |
|---|---|
| Spot maker | 0.08% |
| Spot taker | 0.10% |
| Futures maker | 0.02% |
| Futures taker | 0.05% |
| Options maker | 0.02% |
| Options taker | 0.03% |
Withdrawal fees depend on the asset and network. Card purchases can include a 2.99% charge. Check the current schedule and final transaction screen.
Funding payments are separate from trading fees. A trader can pay or receive funding based on the contract rate and position direction.
OKX security, reserves, and the 2020 suspension
No publicly documented exchange-level breach has caused OKX customers to lose funds since its 2017 launch. Past results cannot guarantee future security.
OKX states that it keeps more than 95% of customer assets in multi-signature cold wallets. It also publishes monthly proof-of-reserves reports.
A proof-of-reserves report is a point-in-time check. Review the covered assets, liabilities, method, and report date.
In October 2020, OKEx suspended withdrawals for five weeks because a private-key holder was unavailable. Withdrawals resumed after access was restored. The event exposed dependence on key holders.
Account controls include two-factor authentication, anti-phishing codes, and withdrawal address controls. Account holders must still protect credentials and verify every withdrawal.
Who may consider OKX
OKX combines centralized trading and Web3 tools in one account. The product range also adds complexity.
Active traders: OKX lists spot, futures, and options markets. Compare liquidity, fees, and contract terms for the exact market.
Wallet users: The self-custody wallet supports more than 80 networks. Users control their keys and accept transaction, contract, and network risk.
Options users: OKX lists BTC and ETH options with 0.02% maker and 0.03% taker fees. Liquidity varies by expiry and strike.
Copy-trading users: Lead-trader profiles include performance data. Historical results do not predict future returns.
Skip OKX if: You are a US resident or need a simpler spot service. Also compare legal protections in your country.
Set up an OKX account
OKX publishes the following account setup process. Complete the security steps before you deposit funds.
- Open the official OKX website and confirm the domain.
- Register with an email address or phone number that you can secure.
- Create a unique password and enable two-factor authentication.
- Complete the identity checks required for your account and region.
- Add an anti-phishing code and withdrawal address controls.
- Review the deposit network and test a small transfer.
- Check the order type, price, and fee before confirmation.
Identity rules, limits, and review times can change. Save account and transaction records for tax and dispute purposes.
OKX product and access comparison
The table compares published product information. Fees, asset lists, and regional access can change.
| Feature | OKX | Binance | Bybit | Bitget |
|---|---|---|---|---|
| Base spot maker/taker | 0.08% / 0.10% | 0.10% / 0.10% | 0.10% / 0.10% | 0.10% / 0.10% |
| Listed cryptocurrencies | 350+ | 350+ | 400+ | 500+ |
| Options | Yes | Yes | Yes | Limited |
| Self-custody wallet | 80+ networks | Listed | Listed | Listed |
| US residents | Excluded | Main platform excluded | Excluded | Excluded |
OKX combines exchange markets with a multi-chain self-custody wallet. Compare current liquidity, custody terms, and local permissions before choosing a product.
Public user feedback about OKX
Public reviews describe individual experiences and do not establish platform security or service quality.
Positive comments often mention the product range, wallet, and trading fees. Critical comments often mention account reviews, withdrawals, identity checks, and customer support.
Review scores and counts change over time. Read recent reports about the same country, product, and issue that applies to you. Never share credentials with a person who claims to provide support.
Pros & Cons
What We Like
- Lists a 0.08% base spot maker fee without an exchange-token requirement
- Combines centralized markets with a self-custody wallet and Web3 tools
- The OKX Wallet supports more than 80 networks
- Lists BTC and ETH options with separate maker and taker fees
- Publishes monthly proof-of-reserves reports
- Copy-trader profiles include return, drawdown, and trade-history data
- Lists a 0.0001 BTC withdrawal fee in the current data
- Offers perpetual futures with leverage of up to 125x
What Could Be Better
- Excludes US residents under its listed terms
- Operates from Seychelles with protections that vary by country
- OKEx suspended withdrawals for five weeks in 2020
- The broad product range can confuse new users
- Fiat routes vary by region and payment provider
- Does not list phone support
- Card purchases can include a 2.99% charge
- Exchange custody creates counterparty and account-access risk
What to check
This profile summarizes public-source information. Check the linked evidence for each factor before you decide.
- Trading Fees
- Security
- User Experience
- Customer Support
OKX vs Exchanges
| Feature |  |  |  |  |
|---|---|---|---|---|
| Trading Fees | 0.08% / 0.1% | 0.1% / 0.1% | 0.1% / 0.1% | 0.2% / 0.2% |
| Cryptocurrencies | 350+ | 490+ | 700+ | 200+ |
| Security | 2FA available | 2FA available | 2FA available | 2FA available |
| Read Review → | Read Review → | Read Review → | Read Review → |
Frequently Asked Questions
No. OKX's listed terms exclude US residents. Using tools to bypass the restriction can breach the terms and put account access at risk. Use an exchange that lawfully serves your state.
OKX lists base spot fees of 0.08% maker and 0.10% taker. Volume tiers and OKB holdings can reduce the rate. Derivatives, options, cards, funding, and withdrawals use separate charges. Check the current schedule before trading.
OKX states that it keeps more than 95% of customer assets in multi-signature cold wallets. It also publishes monthly proof-of-reserves reports. No publicly documented exchange-level breach has caused customer losses. Review the 2020 withdrawal suspension, current reserve report, and legal protections before depositing funds.
OKX lists a lower base spot maker fee in the current comparison data. Binance lists a similar taker fee and a different product range. OKX also offers a multi-chain wallet and options. Compare liquidity, regional access, custody, and total costs for your exact market.
The OKX Wallet is a self-custody wallet that supports more than 80 networks. It includes decentralized-exchange routing, bridging, NFT tools, and decentralized-application access. The user controls the recovery phrase and accepts smart-contract, network, and transaction risks.
Yes. OKX lists European-style options on BTC, ETH, and selected assets. Published fees are 0.02% maker and 0.03% taker. Liquidity varies by strike and expiry. Options can expire worthless and require specific risk controls.
OKX copy trading shows lead-trader statistics such as return, drawdown, holding period, and trade history. Followers allocate funds under the displayed copy settings. Historical performance does not predict future results. Review loss limits and profit-sharing terms before you copy a trader.
OKX lists leverage of up to 125x on selected perpetual contracts. Lower limits can apply to other assets or larger positions. Leverage increases liquidation risk and can cause rapid losses. Check the contract tier and margin mode before trading.
Yes. OKX requires identity verification for most services. Verification can require personal information, an identity document, and facial verification. Higher levels can require proof of address. Requirements, limits, and review times vary by country.
OKX offers a demo account and a simplified mode, but it also places complex products close to spot trading. New users should learn custody, order types, margin, and network selection before depositing funds. Compare simpler spot services if those features are sufficient.
OKX lists live chat, email, and ticket support. Channel access and response times vary by region and issue. Use only links from the official website. Never provide a password or two-factor authentication code to support staff.
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When to skip OKX
Skip OKX if you need protections that its current license or custody terms do not provide.
Sources & References
User Reviews
Documentation
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Risk Disclaimer
Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.