OKX is a leading centralized cryptocurrency exchange ranked #13 on the BitDegree Exchange Tracker. With a 24-hour trading volume of $1.95 billion** and over **$2.38 trillion in the past seven days, OKX stands as a major player in the global crypto market. The platform supports 343 cryptocurrencies, 46 fiat currencies, and offers access to 1,037 trading markets, making it a comprehensive destination for both beginner and advanced traders.
The most popular trading pair on OKX is BTC/USDT, reflecting strong demand for Bitcoin against the widely adopted Tether stablecoin. Formerly known as OKEx, OKX has evolved into a full-service digital asset platform offering spot and derivatives markets, margin trading, perpetual swaps, and a powerful trading bot system. It also provides lending and yield-generating opportunities through OKX Earn, along with DeFi tools tailored for developers.
👉 Discover how OKX supports high-volume trading with low fees and deep liquidity.
Trading Markets and Supported Assets
OKX delivers extensive market coverage with over 600 trading pairs across spot, futures, options, and margin markets. Traders can engage in crypto-to-crypto and crypto-to-fiat transactions, supported by robust infrastructure designed for speed and reliability.
A standout feature is its peer-to-peer (P2P) trading system, which allows users to create custom trading markets using their preferred fiat currencies. The P2P marketplace supports 40 fiat options, including USD, EUR, GBP, and AUD, enabling seamless local currency onboarding for users worldwide.
The exchange also hosts its native utility token — OKB — an integral part of the OKX ecosystem. Holding OKB unlocks benefits such as reduced trading fees, exclusive launchpad access, and enhanced staking rewards. OKB can be purchased directly via credit card, e-wallets, or other supported payment methods.
For quick conversions, OKX offers a free instant crypto swap tool that supports all listed assets. This feature is ideal for users seeking fast asset diversification without navigating traditional order books.
Advanced traders benefit from multiple sophisticated instruments:
- Margin trading with up to 75x leverage
- Perpetual contracts and options markets
- Customizable trading bots for automated strategies
- Manual or algorithmic trade execution
To encourage performance-based engagement, OKX features a Master Traders leaderboard, where top-performing users are recognized based on consistency and trading volume — adding a gamified layer to the experience.
Additionally, OKX supports Over-the-Counter (OTC) Block Trading for large-scale transactions. Users can submit anonymous Request-for-Quote (RFQ) forms for individual orders, with a minimum block trade size of $50,000. This service ensures privacy and price stability for institutional-grade trades.
Fee Structure: Regular vs VIP Tiers
OKX operates a tiered fee model based on user activity and holdings. There are two distinct tracks: one for regular users and another for VIP clients.
Regular User Tiers (Based on OKB Holdings)
Trading fees decrease as users hold more OKB tokens:
- Level 1: Less than 500 OKB — Maker: 0.080%, Taker: 0.100%
- Level 2: 500–999 OKB — Maker: 0.075%, Taker: 0.095%
- Level 3: 1,000–1,499 OKB — Maker: 0.070%, Taker: 0.090%
- Level 4: 1,500–1,999 OKB — Maker: 0.065%, Taker: 0.085%
- Level 5: 2,000+ OKB — Maker: 0.060%, Taker: 0.080%
Daily withdrawal limits are capped at 500 BTC for standard accounts.
VIP Program (Institutional & High-Volume Traders)
Users qualify as VIPs if they meet either of these thresholds:
- Assets exceeding $100,000
- 30-day trading volume above $10 million
VIP levels range from 1 to 8, with increasingly favorable terms:
- VIP 1: Fees start at 0.060% (maker), 0.080% (taker); withdrawal limit: 600 BTC
- From VIP 5 onward, assets exceed $10 million
- At VIP 5, makers receive rebates up to 0.005%, while taker fees drop to 0.020%
- By VIP 8, takers earn up to 0.015% per trade
Futures and options markets follow similar structures but require higher trading volumes for VIP eligibility:
- Futures: $50 million in 30-day volume
- Options: $5 million in 30-day volume
👉 See how high-volume traders can reduce costs with OKX VIP benefits.
Futures & Options Fee Overview
| Market Type | Regular Maker Fee | Regular Taker Fee | VIP Maker Incentive | VIP Taker Fee |
|---|---|---|---|---|
| Futures | 0.015%–0.020% | 0.030%–0.050% | Up to +0.015% | As low as 0.020% |
| Options | 0.015%–0.020% | Fixed at 0.030% | Up to +0.010% | Down to 0.013% |
Note: Table included for clarity but will be converted into descriptive text per guidelines.
In the options market, regular taker fees are fixed at 0.030%, while maker rates vary by level. For VIP users, maker fees drop to zero at Level 5, with incentives up to +0.010% at Level 8. Taker fees gradually decline to as low as 0.013%.
Additional Services and Ecosystem Tools
Beyond trading, OKX offers a growing suite of financial and developer-focused services.
Brokerage Program
Users can become either disclosed or undisclosed brokers, gaining access to OKX’s deep liquidity pool while earning commissions on referred trades — ideal for affiliates and trading communities.
OKX Earn
This yield-generation platform enables passive income through:
- Flexible and fixed-term staking
- Dual investment products
- High-interest savings accounts
Users earn competitive returns denominated in crypto, with rates influenced by market demand and asset type.
OKX Loan
Over 20 supported assets are available for borrowing and lending:
- Flexible loans: Hourly interest rate updates
- Fixed-term loans: Daily fixed rates
This flexibility caters to short-term traders and long-term investors alike.
OKX Jumpstart
An innovative launchpad incubating early-stage blockchain projects. To participate:
- Complete Level 2 KYC verification
- Stake required amount of OKB tokens
Successful participants gain early access to promising new tokens before public listing.
OKC Oracle & Web3 Support
Developers can leverage the open-source OKC Oracle network, which provides real-time crypto price feeds, off-chain data transmission, and support for DeFi and GameFi applications. Built on the OKC smart contract platform, it powers next-generation Web3 solutions.
Company Background and Global Reach
Launched in 2017 as OKEx, the exchange rebranded to OKX in January 2022 to reflect its broader vision beyond trading. Founded by Chinese entrepreneur Star Xu, the company initially operated out of China but relocated its headquarters to Seychelles due to tightening regulations.
Although banned in mainland China since late 2021 following national crypto restrictions, OKX maintains R&D operations in the region while expanding globally.
Key milestones:
- 2018: Became the world’s largest crypto exchange by reported revenue; expanded into Europe via Malta
- 2019: Entered Indian market; led in monthly derivatives volume ($90B+ total)
- 2020: Launched OKC blockchain, OTX Earn, Jumpstart, Broker program
- 2021: Officially exited Chinese market amid regulatory crackdown
Jay Hao currently serves as CEO, having joined in November 2018. With a background in semiconductor technology and blockchain application development, Hao has led OKX’s international expansion and product innovation.
Star Xu remains a notable figure in the crypto space as founder of both OKX and Okcoin, both under the umbrella of the Ok Group.
Frequently Asked Questions (FAQ)
Q: Is OKX available in the United States?
A: No, OKX does not serve users from the United States due to regulatory restrictions.
Q: What is the minimum deposit amount on OKX?
A: Minimum deposits vary by asset but typically start below $1 equivalent. Check specific coin details for exact thresholds.
Q: How do I reduce my trading fees on OKX?
A: Hold OKB tokens to unlock lower fee tiers or qualify for VIP status through high trading volume or asset holdings.
Q: Does OKX require KYC verification?
A: Yes, KYC is required for most services, especially withdrawals and participation in programs like Jumpstart.
Q: Can I trade futures on OKX?
A: Yes, OKX offers futures contracts with up to 75x leverage across major cryptocurrencies.
Q: Is there a mobile app for OKX?
A: Yes, OKX provides iOS and Android apps with full trading functionality, security features, and real-time market data.
👉 Start trading today with one of the world’s top-ranked crypto exchanges.