OKX ranks as the #13 centralized cryptocurrency exchange on global tracking platforms, with a robust 24-hour trading volume of $1.94 billion** and an impressive **$2.38 trillion traded over the past seven days. As a leading digital asset platform, OKX offers a comprehensive ecosystem for traders, investors, and developers alike—supporting spot and derivatives trading, margin and options markets, DeFi integration, and innovative financial products.
Whether you're a beginner exploring your first crypto trades or a seasoned trader leveraging advanced tools, OKX delivers a secure, scalable, and feature-rich environment built for performance and accessibility.
👉 Discover how top traders maximize returns on one of the world’s most powerful crypto platforms.
Comprehensive Market Offerings
OKX supports over 600 trading pairs and more than 300 cryptocurrencies, spanning both spot and futures markets. The exchange facilitates crypto-to-crypto and crypto-to-fiat transactions, giving users flexibility in how they enter and exit positions.
One of its standout features is the peer-to-peer (P2P) marketplace, where users can create custom trading pairs using their preferred fiat currency. The P2P system supports 40 fiat currencies, including USD, EUR, GBP, and AUD, enabling localized access across global markets.
The platform also hosts its native utility token, OKB, which plays a central role in reducing trading fees and unlocking premium services. Users who hold OKB are eligible for tiered discounts on transaction costs across spot, futures, and options markets.
Additionally, OKX provides an instant crypto converter—a free tool that allows seamless swaps between any supported assets without order book delays. This feature enhances liquidity and simplifies portfolio management for active traders.
For advanced market participants, OKX offers:
- Margin trading with up to 75x leverage
- Perpetual swaps and options contracts
- Algorithmic trading bots for automated strategies
- OTC (over-the-counter) desk for large-volume trades
High-performing traders are recognized through a gamified leaderboard known as the Trading Master Rankings, which rewards consistency and skill with increased visibility and community recognition.
Large-Volume Trading: OKX大宗交易 (Block Trading)
Institutional investors and high-net-worth individuals can utilize OKX Block Trading, designed for transactions exceeding $50,000 in value. Users submit anonymous Request for Quote (RFQ) forms to receive competitive pricing from liquidity providers, ensuring minimal market impact.
This OTC-style service is ideal for executing large orders without triggering price slippage—a critical advantage in volatile markets.
Fee Structure & VIP Tiers
OKX operates a dual-tier fee model: Standard Users and VIP Clients, each with distinct benefits based on trading volume, asset holdings, and OKB balance.
Standard User Tiers (Based on OKB Holdings)
Trading fees decrease progressively with higher OKB balances:
- Tier 1: <500 OKB — 0.080% (maker), 0.100% (taker)
- Tier 2: 500–999 OKB — 0.075%, 0.095%
- Tier 3: 1,000–1,499 OKB — 0.070%, 0.090%
- Tier 4: 1,500–1,999 OKB — 0.065%, 0.085%
- Tier 5: ≥2,000 OKB — 0.060%, 0.080%
Standard users are limited to holding $100,000 in assets** or generating **$10 million in 30-day trading volume. Exceeding these thresholds qualifies users for VIP status.
Daily withdrawal limits are capped at 500 BTC for standard accounts.
VIP Program (Tiers 1–8)
VIP tiers unlock superior conditions:
- Higher withdrawal limits (up to 600 BTC/day)
- Reduced or zero maker fees
- Dedicated account support
- Custom API solutions
At VIP Level 5, maker fees drop to 0.00%, with potential rebates of up to 0.005%. Taker fees decline incrementally, reaching as low as 0.020% at the highest levels.
Futures and options markets follow similar structures but with different volume thresholds:
- Futures traders require $5M+ monthly volume
- Options traders need $500K+ monthly volume
VIP futures makers enjoy fees from 0.020% down to 0.00%, while takers see rates fall to 0.020% by Tier 8. For options, VIP taker fees start at 0.020% and reduce to 0.013% at Tier 8.
👉 See how elite traders access zero-fee structures and institutional-grade tools.
Additional Financial Services
Beyond trading, OKX delivers a full suite of yield-generating and development-focused services.
OKX Earn: Passive Income Made Simple
Through OKX Earn, users earn interest via staking, dual investment products, and flexible savings plans. Assets like BTC, ETH, USDT, and OKB generate competitive APYs with varying lock-up periods—ideal for long-term holders seeking compound growth.
OKX Loans: Flexible & Fixed-Term Financing
Borrowers can access funds using crypto collateral across 20+ supported assets:
- Flexible loans: Hourly interest updates; repay anytime
- Fixed-term loans: Daily fixed rates; structured repayment schedules
This dual approach caters to short-term liquidity needs and strategic financing strategies.
OKX Jumpstart: Launchpad for Emerging Projects
As a blockchain incubator, OKX Jumpstart helps promising Web3 projects gain exposure and funding. Participants must complete Level 2 KYC and stake OKB to qualify for token allocations—a way to support innovation while gaining early access to high-potential assets.
Developer Ecosystem: OKC & Oracle Solutions
OKX supports decentralized innovation through its OKC (OKX Chain)—a smart contract platform tailored for Web3 applications.
Developers benefit from:
- Open-source tools
- Real-time oracle price feeds
- Cross-chain data transmission capabilities
- Support for DeFi and GameFi integrations
This infrastructure empowers builders to launch scalable dApps with reliable off-chain data inputs.
Company Background & Global Reach
Founded in 2017 as OKEx, the exchange rebranded to OKX in January 2022 to reflect its evolution into a broader digital ecosystem. Originally launched by entrepreneur Star Xu in China, the company now operates under Seychelles jurisdiction due to regulatory shifts.
Despite restrictions in mainland China and the United States, OKX maintains a strong international presence with localized services across Asia, Europe, Africa, and Latin America.
Key Milestones
- 2018: Became the world’s largest crypto exchange by turnover; expanded into Malta to enter European markets
- 2019: Launched operations in India; reported over $90 billion in monthly derivatives volume
- 2020: Listed 180+ new trading pairs; launched OKC, Jumpstart, Broker program, and OKX Earn
- 2021: Announced exit from mainland China following national crypto bans; retained R&D operations
Current CEO Ha Jie brings deep expertise in blockchain technology and semiconductor engineering. Appointed in November 2018 after the European expansion, he has led OKX’s transformation into a global fintech leader.
While founder Star Xu (also creator of Okcoin) is no longer involved due to regulatory challenges, both exchanges remain under the umbrella of the Ok Group.
Frequently Asked Questions (FAQ)
Q: Is OKX available in the United States or China?
A: No. Due to local regulations, OKX does not serve users from the United States or mainland China.
Q: What is the minimum trade size for block trading?
A: The minimum order value for OKX Block Trading is $50,000.
Q: How can I reduce my trading fees on OKX?
A: Hold OKB tokens to qualify for discounted rates or increase your trading volume to reach VIP status.
Q: Does OKX offer leverage trading?
A: Yes. Margin trading supports up to 75x leverage on select pairs.
Q: Can I stake crypto on OKX to earn passive income?
A: Absolutely. Use OKX Earn to stake assets like BTC, ETH, or OKB and earn competitive yields.
Q: Is KYC required to use OKX?
A: Yes. All users must complete KYC verification to access core services like trading and withdrawals.
👉 Start trading with low fees, high liquidity, and enterprise-level security today.