OKX (formerly OKEx) is one of the world’s largest cryptocurrency exchanges, offering over 485 trading instruments and support for approximately 30 fiat currencies. Known for its robust ecosystem, OKX caters to both novice and professional traders with features like spot trading, futures, perpetual swaps, DeFi, NFT markets, and staking.
History of OKX
Launched in Hong Kong in 2014 as OKEx, the exchange rebranded to OKX in January 2022 to reflect its evolution beyond a traditional trading platform. Key milestones include:
– 2018: Relocated headquarters to Malta.
– 2021: Introduced unified accounts, currency conversion, and an NFT platform.
– 2022: Rebranding emphasized blockchain-based services like DeFi, staking, and Web3 integrations.
“We’re building more than a centralized exchange—our vision is a comprehensive blockchain ecosystem.”
— OKX Official Statement
The removal of “Ex” (short for “exchange”) from the name symbolizes its expansion into decentralized finance (DeFi), NFTs, and cross-chain solutions.
Registration on OKX
To trade on OKX, users must complete identity verification (KYC):
1. Basic Verification: Required for withdrawals. Submit:
– Full name.
– Nationality.
– Government-issued ID number.
2. Advanced Verification: Needed for fiat transactions.
VIP tiers offer reduced fees based on trading volume or OKB token holdings.
Deposits and Withdrawals
- Minimum Deposits:
- Bitcoin (BTC): 0.00005 BTC.
- Ethereum (ETH): 0.01 ETH.
- Withdrawal Fees:
- BTC: 0.0005 BTC.
- ETH: 0.004 ETH.
Fees follow a maker-taker model, varying by market (spot, futures, options).
Trading Products and Features
OKX supports diverse trading options:
| Product | Description | Leverage |
|---|---|---|
| Spot Trading | Immediate crypto purchases/sales. | Up to 10x |
| Futures | Contracts for BTC, ETH, and more. | Up to 125x |
| Perpetual Swaps | No-expiry contracts (crypto/USDT pairs). | Up to 125x |
| Margin Trading | Cross/isolated margin modes. | Up to 10x |
Additional services:
– Earn: Staking, mining, and lending.
– Learn: Educational resources.
– OKX Pool: Mining pool for PoW cryptocurrencies.
Rewards and Incentives
- Task-Based Rewards: Earn BTC by completing beginner or advanced tasks.
- Mobile App Bonuses: Download OKX’s app for exclusive promotions.
OKX Referral Program
Invite friends to OKX and earn:
– 15 USDT per verified referral’s first trade/deposit.
– Up to 60% commission as an affiliate for their ongoing trades.
– 10% sub-affiliate rewards if referrals join the program.
OKX Broker Program
Brokers earn unlimited commissions by attracting new users. Benefits include:
– No verification required for referred users.
– Multi-language support (20+ languages).
– Anonymous trading options.
👉 Explore OKX’s broker opportunities
How to Trade on OKX via Cryptorobotics
Integrate OKX with Cryptorobotics for advanced tools:
1. Register on Cryptorobotics and OKX.
2. Complete OKX verification.
3. Link accounts.
4. Set up trading bots, copy-trading, or smart orders (OCO, grid strategies).
Why Choose OKX?
- Security: Multi-layer encryption and cold storage.
- Low Fees: Discounts for VIPs and OKB holders.
- Diverse Markets: Spot, derivatives, NFTs, and DeFi.
- User-Friendly: Intuitive interface for all skill levels.
FAQ
Q: Is OKX available in the U.S.?
A: No, OKX restricts access for U.S. residents due to regulatory compliance.
Q: What’s the minimum deposit for Bitcoin?
A: 0.00005 BTC.
Q: How do I reduce trading fees?
A: Hold OKB tokens or achieve VIP status through trading volume.
Q: Can I trade NFTs on OKX?
A: Yes! OKX’s NFT marketplace supports creation and trading.
Q: Are there mobile apps?
A: Yes, for iOS and Android with full trading functionality.
Q: How fast are withdrawals?
A: Typically processed within 30 minutes, subject to network congestion.
OKX stands out for its innovation, security, and versatility—whether you’re trading, earning, or exploring Web3. Ready to dive in?