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OKX description
OKX is a global platform for buying, selling, and trading over 350 cryptocurrencies. It offers a simple way to buy and sell popular cryptocurrencies, as well as advanced trading tools for experienced investors. OKX also provides a secure digital wallet to store your crypto assets. While OKX's exchange services are not currently available in the United States, their digital wallet can be accessed globally.
Who is OKX best for
OKX is a global cryptocurrency exchange platform ideal for both beginners and experienced traders. It offers a wide selection of cryptocurrencies, advanced trading tools, and a secure digital wallet. Users praise the easy-to-use interface and fast order execution. However, some have reported issues with account blocking and unresponsive customer support. While the exchange services are unavailable in the US, the digital wallet is accessible globally.
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Best for small businesses.
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No industry fit data available.
OKX features
| Supported OKX allows depositing and withdrawing cryptocurrencies. |
| Supported OKX allows direct exchange of one cryptocurrency for another without converting to a base currency. |
| Supported OKX supports margin trading with leverage up to 10x. |
| Supported OKX allows users to buy and sell hundreds of cryptocurrencies. |
| Supported OKX uses cold storage to protect the majority of user funds offline. |
| Supported OKX offers various trading bots, including Spot Grid, Futures Grid, and third-party integrations. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Reliability and Performance
OKX reviews
We've summarised 51 OKX reviews (OKX G2 reviews) and summarised the main points below.
- Easy-to-use interface and fast order execution.
- Wide variety of cryptocurrencies and trading pairs.
- Lightning network support for Bitcoin deposits.
- Low transaction fees.
- Secure platform with two-factor authentication.
- Account blocking and unresponsive support, causing financial difficulties.
- Limited P2P merchants for MMK (Myanmar Kyat).
- Long dispute resolution times for P2P trading.
- High withdrawal fees.
- Occasional technical problems and downtime.
OKX pricing
The commentary is based on 17 reviews from OKX G2 reviews.
OKX is praised for its low trading and transaction fees, along with various bonuses and campaigns. However, some users mention high withdrawal fees and the desire for lower fees overall. A few users disliked the limited staking options and withdrawal limits.
Users sentiment
See the OKX pricing page.
OKX alternatives
PayBitoProBetter fit for medium-sized businesses. Offers copy trading, white-label exchange solutions, and has higher rated non-functional features and more positive pricing. Growing faster. OKX alternative; OKX competitor.Read more
BinanceWider industry applicability and faster website traffic growth. More user-friendly mobile app praised for ease of use.Read more
DEXZBITZSupports fewer cryptocurrencies and lacks advanced trading features like margin trading and trading bots. Not suitable for enterprise companies. OKX alternative. DEXZBITZ competitor.Read more
Gate.ioWider cryptocurrency selection. Has significantly more momentum in website traffic growth. OKX alternative with more advanced trading features.Read more
Zengo WalletBetter for securely storing crypto assets with its MPC technology and keyless security. More user-friendly and has better customer support. Focuses on individual users rather than exchange trading. Website traffic is growing faster.Read more
BittrexMore focused on US-based users and regulatory compliance. Has growing website traffic but declining employee growth. Users report issues with account freezes and poor customer support.Read more
OKX FAQ
What is OKX and what does OKX do?
OKX is a global cryptocurrency exchange platform offering a wide selection of cryptocurrencies for buying, selling, and trading. It caters to both beginners and experienced traders, providing a user-friendly interface, advanced trading tools, and a secure digital wallet. However, users should be aware of potential issues with customer support and withdrawal fees.
How does OKX integrate with other tools?
OKX offers trading bots with functionalities like Spot Grid, Futures Grid, and third-party integrations. While specific integrations aren't detailed, the platform supports various tools to automate trading strategies and enhance the user experience.
What the main competitors of OKX?
OKX's main competitors include Binance, Gate.io, Bittrex, and PayBitoPro. These platforms offer similar services, such as buying, selling, and trading various cryptocurrencies. They also provide diverse features ranging from basic trading to advanced tools and security measures.
Is OKX legit?
OKX is generally considered a legitimate cryptocurrency exchange with a wide range of features. However, some users have reported issues with account blocking and customer support. Consider these factors when deciding if OKX is safe for you.
How much does OKX cost?
OKX's pricing is tiered and depends on 30-day trading volume or total asset balance. It also depends on OKB holdings for regular users and asset/trading volume for VIP users. Contact OKX for specific product pricing details.
Is OKX customer service good?
OKX customer service receives mixed reviews. While some users praise the quick and helpful support, others report unresponsive support and difficulties resolving issues, especially with account blocks. Consider these varying experiences when choosing a cryptocurrency exchange.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.