OKX
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What is OKX?
OKX is a prominent cryptocurrency centralized exchange (CEX) and wallet platform based in Seychelles, catering to a global clientele. The platform provides a range of services, including spot and options trading, as well as derivatives such as margin, futures, perpetual swaps, and options. Additional offerings encompass trading bots, block trading, OKX Earn (covering savings, stablecoins, DeFi, staking, and ETH 2.0), crypto loans, and Jumpstart – the exchange's launchpad.
Comprehensive Wallet Services:
The OKX wallet positions itself as the "portal to Web3," featuring a crypto hot wallet, a decentralized exchange (DEX), an NFT marketplace, and decentralized applications (DApps). Supporting over 30 networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, and Fantom, the OKX wallet is a versatile gateway for users.
OKX Native Blockchain and Token:
OKX boasts its own native blockchain, OKX Chain, and a native token called OKB. This infrastructure empowers builders and projects to deploy DApps, and developers can leverage tools like OKX Oracle. The OKB token plays a pivotal role within the OKX ecosystem.
Leadership and Rebranding:
Founded in 2013 by Mingxing "Star" Xu, OKX is a subsidiary of OKCoin under the ownership of OK Group. Star Xu, with a Bachelor's degree in Applied Physics, serves as the CEO of OK Group. The current CEO of OKX is Jay Hao. In January 2022, the exchange underwent a rebranding, transitioning from OKEx to OKX with a refreshed branding and roadmap.
Launch Date and Location:
OKX, originally known as OKEX, was launched in 2017. The company is headquartered in Seychelles, establishing its global presence.
Geographical Restrictions:
While OKX supports over 200 countries, residents of the United States do not have access to the platform's services.
Diverse Cryptocurrency Support:
OKX facilitates trading for over 350 cryptocurrencies and offers support for more than 500 trading pairs. Notable tokens on the platform include BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, and DOT.
Fee Structure and Trading Options:
The fee structure employs a market taker and maker model, with fees starting at 0.10% and decreasing with higher trading volumes. Regular users' fees are tied to the amount of OKB in the OKX ecosystem, while advanced users' fees depend on their 30-day trading volumes.
Leverage and Margin Trading:
OKX facilitates margin trading with leverage up to 10X. The platform extends its offerings to derivatives, encompassing futures trading and perpetual swaps with leverage reaching up to 125X. Traders can also engage in leverage through crypto options, covering assets like BTC and ETH.
What are the trading fees on OKX?
The fee structure employs a market taker and maker model, with fees starting at 0.10% and decreasing with higher trading volumes. Regular users' fees are tied to the amount of OKB in the OKX ecosystem, while advanced users' fees depend on their 30-day trading volumes.
Does OKX offer leverage trading?
OKX facilitates margin trading with leverage up to 10X. The platform extends its offerings to derivatives, encompassing futures trading and perpetual swaps with leverage reaching up to 125X. Traders can also engage in leverage through crypto options, covering assets like BTC and ETH.
Is there a research audit report for OKX?
When was OKX established?
EXCHANGE was founded in .
Where is OKX located?
OKX is based in Seychelles.
What is the volume of OKX?
EXCHANGE has a trading volume of $ in the last 24 hours and $ in the last 7 days.
Is OKX safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Which coins can I buy through OKX?
You can buy the following tokens/coins on OKX:
What are the listed pairs on OKX?
You can trade the following tokens/coins on OKX:
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
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