About OKX
OKX, previously known as OKEx, is a global cryptocurrency exchange that provides advanced financial services to traders. The exchange is one of the most popular cryptocurrency exchanges in the world. OKX offers several crypto and futures trading pairs to help traders optimize crypto trading strategies. The OKX crypto exchange itself is available in browser form and as a desktop client available for download.
Trading on OKX
As for the OKX crypto platform, it is designed to resemble the high quality of a traditional trading platform for financial markets. The professional nature of OKX means that it makes more demands on hardware than the average cryptocurrency exchange. The trading platform is full of downloadable software, which is the most used and is intended to avoid the risk that the browser runs out of memory, processing difficulties, and freezes.
 | ✔️ 250+ cryptocurrencies ✔️ Payment by card ✔️ Margin trading |  | Go to OKX |
OKX Mobile App
For mobile traders, the OKX iOS and Android app can be downloaded from the respective app stores. With the same features as their desktop version, users create advanced trades, lend, stake, and mine cryptocurrencies. Customer reviews of the app are generally positive, highlighting reliability and a straightforward accession process.
Supported Cryptocurrencies
The OKX exchange offers more than 250 different cryptocurrencies for trading on the website in USD, BTC, ETH, DAI and OKB pairs (OKX native token). Supported cryptocurrencies include following:
- Bitcoin
- Ethereum
- Polkadot
- Cardano
- Solana
- Avalanche
In other words, you will find a good selection of different cryptocurrencies. Whether you are looking for the bigger projects or if you are looking for smaller projects, there is something for everyone at the OKX cryptocurrency exchange.
Trading Fees on OKX
The OKX fees are based on a makers/takers model and start at 0.1- 0.15% for users with less than 500 OKB tokens on their account. Maker / taker fees can be reduced to 0.06 – 0.09% for up to 2,000 OkB tokens in an OKX wallet. High net worth individuals with large trading volumes over a period of 30 days can use discounts to receive additional trading fee discounts. Compared to Binance and KuCoin, which charge around 0.20%, the OKX fees are very reasonable.
Payment Methods
Customers can choose from a number of payment options when making a deposit, including the following methods:
- Bank transfer
- VISA
- MasterCard
- Google Pay
- PayPal
Users can purchase crypto with credit cards or transfer tokens to hardware wallet addresses on alternative exchanges. In other words, you can purchase crypto using FIAT currency but you can not deposit FIAT currencies to your OKX account. A crypto transfer can only take a few minutes but, depending on the transaction time of the respective crypto this can vary slightly.
OKX Customer Support
OKX offers customer support via a phone line, an email ticketing system, multiple messaging apps, and social media channels. Feedback about their support has been mixed, with complaints about slow response rates and failure to resolve problems. However, when we tried to contact OKX customer support we felt that their response time was reasonable with replies within 24 hours.
Our Verdict
For experienced traders, there are not many cryptocurrency exchanges that offer the type of professional trading platform functionality as OKX does. The trading platform OKX offers can be compared with large financial exchanges on traditional markets. The low trading fees are a great attraction for experienced traders. OKX is a fully supported exchange with significant global ambitions.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| 250+ cryptocurrencies | Limitations for withdrawals |
| Payment by card | |
| Margin trading |
| ✔️ 250+ cryptocurrencies ✔️ Payment by card ✔️ Margin trading | | Go to OKX |