OKX is a top crypto exchange

OKX (formerly known as OKEx) is one of the largest cryptocurrency exchanges in the world, founded in 2017. OKX positions itself as the ideal platform for crypto traders, investors, and crypto enthusiasts, and in our opinion, the affordable trading fees, user-friendly interface, and many useful features confirm this status.

Fees

You can view the OKX fees on the page – here

The page is well-structured with tabs:

• Trading fees
• Market interest rate
• Cryptocurrency withdrawal

The information itself is presented in a table, which is convenient to read. Trading fees are also categorized by trading type (Spot, Futures, Options, Spreads).

To simplify, trading fees without discounts are as follows:

• Spot market: Maker – 0.08% / Taker – 0.1%
• Futures: Maker – 0.02% / Taker – 0.05%
• Options: Maker – 0.02% / Taker – 0.03%

You can also receive additional discounts on trading fees depending on how much of their native OKB token you hold. If you don’t have OKB, you can still get a discount based on your balance or trading volume.

You may be interested in: Rating of crypto exchanges in the USA 2025

How to use OKX

Step 1: Registration

First of all, go to https://okx.com/ and select your country of residence.

If you live in the United States or the European Union, when you select your country and click "Next", the system will prompt you to switch to a different subdomain of the OKX website:

• my.okx.com – for residents of the European Union

• app.okx.com – for US residents

• www.okx.com – for all other countries

So don’t be alarmed by the redirection to another subdomain (it still occurs within the main okx.com domain and is safe). This is required due to regional regulatory specifics.

After selecting your country of residence, enter your email and confirm it, or complete a quick registration using your Google, Apple, Telegram, or OKX Wallet account.

After that, OKX will also ask you to provide a mobile number to complete the registration.

Step 2: Pass KYC

After registration, you need to complete KYC. Without completing KYC, you will not be able to use the OKX crypto exchange.

Verification is very fast and usually takes no more than 5 minutes. To complete it on the first try, take high-quality photos and follow OKX’s instructions.

Step 3: Fund your balance

In OKX, you can top up your balance with cryptocurrency or via P2P (if this option is available in your region).

Step 4: Cryptocurrency trading

Great! You've registered, completed verification, and funded your balance — now all that's left is to start trading on the OKX crypto exchange.

At OKX, you can trade on the spot market, futures, options, pre-market futures, or convert your tokens using a simple and intuitive tool.

You can also set up trading bots, use copy trading, or try trading on a demo account.

Step 5: Explore additional features and capabilities

Crypto exchanges are not just for trading. Explore all the tools and features that the exchange offers, such as lending, earning, storing cryptocurrency in Web3 wallets, NFTs, and much more.

Basic features of OKX

P2P

With P2P, you can buy cryptocurrency using your local currency or, conversely, sell cryptocurrency and receive money in your local currency.

In this case, OKX acts as an intermediary platform between you and other parties who also want to buy or sell cryptocurrency for local currency.

In fact, P2P is a great tool that connects cryptocurrency with traditional finance, allowing you to interact with crypto easily and exchange it for real money at any time if needed.

Loans

You can read about how cryptocurrency loans work here.

OKX uses a flexible loan, which means that the annual percentage rate (APR) will fluctuate depending on market conditions, and the loan can be repaid at any time without the risk of late fees, unlike a fixed loan.

In fact, lending in the crypto world is a great tool with a low APR. For example, at the time of writing this review, the APR was only 2% for USDT and 1% for Bitcoin.

Are there risks? Yes, there are. If the collateral asset starts to lose value, your position may be liquidated, and you may not be able to recover your collateral, although the borrowed asset will remain with you.

Earn

There are different ways to earn on OKX, all of which vary in risk and return rates. The higher the return, the greater the risk, so always research the best options.

In fact, there are 4 types of earning options:

1. Simple Earn. This is essentially staking within the OKX platform.

2. Dual Investment. Dual Investment lets you earn interest by choosing a crypto pair and setting a target price. If the price is reached by the settlement date, you buy or sell the crypto and earn interest in the settlement currency. If not, you keep your original crypto plus interest.

3. Shark Fin. Shark Fin is a short-term investment product (1, 3, or 7 days) that offers a guaranteed minimum return. If the asset's price at settlement falls within a set range, you earn a higher APR. Bullish and bearish strategies are available.

4. On-chain Earn. Allows you to easily participate in various blockchain (Web3) protocols directly from your OKX account.

Proof of reserves (PoR)

Another important feature of OKX is its proof of reserves. This means the exchange holds a sufficient amount of its users’ tokens and guarantees that, if something happens to OKX, you will be able to get your funds back. This became especially relevant after the collapse of FTX, when it turned out they had used users’ funds for their own purposes instead of keeping them in secure accounts, and were therefore unable to return them in full.

Copy trading

As in many popular exchanges, OKX has a copy trading function. That is, you make a deposit into the system and trades opened by the trader you copy will be opened automatically for you. These trades are also closed automatically when the trader you copy closes them, or you can close them manually at your discretion.

Trading bots

Cryptocurrency trading bots are automated programs that help you buy, sell, and trade cryptocurrency. On OKX, you can create your own bot or use the marketplace to copy the settings of an already functioning trading bot.

The following trading bot strategies are available on OKX:

• Spot grid: Buy low, sell high in upward market.
• Futures grid: Leverage futures for any market trends.
• Futures DCA (Martingale): Enter low, exit high in stages.
• Smart arbitrage: One-click arbitrage, easy hedging.
• Flywheel: Maximize with dual crypto. Buy low, sell high, and trade in cycles.
• Spot DCA (Martingale): Triggered by indicators, gradually grow your crypto holdings.
• Recurring buy: Buy regularly to average out holding costs.
• Signal bot: Trade with low-latency signals automatically.
• Iceberg: Split large orders with custom executions for better prices.
• TWAP: Place scheduled orders to reduce slippage.
• Smart portfolio: Rebalance multi-crypto portfolio with custom triggers.
• Arbitrage: Capitalize on price differences with leverage.

JumpStart

OKX Jumpstart is a launchpad from OKX where blockchain projects can initiate an Initial Exchange Offering (IEO) for fundraising and publicity. Jumpstart was established in 2019 as a program that connects revolutionary blockchain startups with the broader crypto ecosystem. It allows its users to invest in early-stage token sales and provides projects with a secure and professional place to launch.

Institutional

OKX as a global cryptocurrency exchange is suitable not only for beginners and retail traders but also for institutional users. OKX provides the following opportunities:

• Institutional home: The world’s most powerful suite of crypto trading solutions
• Liquid marketplace: OTC liquidity network for pro and institutional traders
• APIs: Seamless and ultra-low latency API connectivity​
• Broker program: Access world-class market depth with high commissions
• Managed trading sub-accounts: Manage sub-accounts, trade easily and safely with more profits
• Historical market data: Candlesticks, aggregate trades, order book data and more
• Institutional insights: Our latest institutional trading research, news, and more

If you have experience using the OKX crypto exchange, leave a review — it will help other users make the right choice!

Register using the referral code CAPYRATE to receive a lifetime 20% discount on trading fees (spot and futures).