OKX (formerly OKEx) is a leading global cryptocurrency exchange that provides a wide range of digital asset trading services. Founded in 2017, the platform has grown to offer diverse trading tools, including spot trading, futures, margin trading, and more.
History and Founding of OKX
- 2014: Ancestor exchange OKCoin founded in China
- 2017: OKEx launched as an international spin-off
- 2022: Rebranded as OKX to reflect Web3 expansion
The exchange was established to address the fragmented European cryptocurrency market, providing a unified platform compliant with Malta’s regulatory framework (where it’s officially registered).
👉 Discover OKX’s latest trading features
Core Services and Offerings
OKX stands out through its comprehensive ecosystem:
- Trading Services
- Spot trading (200+ cryptocurrencies)
- Derivatives (futures & options)
-
Margin trading (up to 10x leverage)
-
Web3 Infrastructure
- OKX Wallet (multi-chain support)
- OKX Chain (Layer 1 blockchain)
-
NFT marketplace
-
Earning Tools
- Staking (up to 150% APY)
- Dual investments
- Jumpstart token launches
Key Achievements
| Year | Milestone |
|---|---|
| 2018 | Ranked #1 in “Top 10 Crypto Exchanges” |
| 2019 | Best Cryptocurrency Exchange Award |
| 2021 | Surpassed $10B daily trading volume |
| 2023 | Certified ISO 27001 for security |
Why Choose OKX?
- Security: Cold storage for 95% of assets
- Liquidity: Top 5 exchange by trading volume
- Innovation: First exchange to offer ETH 2.0 staking
- Global Reach: Supports 100+ countries with 20M+ users
Frequently Asked Questions
Q: Is OKX the same as OKEx?
A: Yes, OKX rebranded from OKEx in 2022 to reflect its expanded Web3 services beyond just exchange functions.
Q: Where is OKX headquartered?
A: While originally Chinese-founded, OKX is now registered in Seychelles with operational hubs in Malta, Singapore, and Dubai.
Q: What makes OKX different from Binance?
A: OKX offers deeper derivatives markets and more institutional-grade tools, while focusing strongly on regulatory compliance.
Q: Can US citizens use OKX?
A: No, OKX doesn’t currently serve US customers due to regulatory restrictions. US users should consider OKX-affiliated platforms.
Q: How does OKX ensure fund security?
A: The platform uses multi-signature cold wallets, Proof of Reserves audits, and a $1B SAFU (Secure Asset Fund for Users) protection fund.
Q: What is OKB token used for?
A: OKX’s native utility token provides trading fee discounts, exclusive launchpad access, staking rewards, and voting rights in ecosystem decisions.
The Future of OKX
The exchange continues to innovate with:
– AI-powered trading tools
– Institutional custody solutions
– CBDC trading pairs
– Expanded European licenses
With its strong foundation since 2017 and continuous evolution, OKX remains a top choice for both retail and professional cryptocurrency traders worldwide.
“`