Introduction
OKX is a centralized cryptocurrency exchange (CEX) and wallet platform headquartered in Seychelles, serving millions of clients worldwide. The platform offers core trading services, including:
- Spot Trading
- Simple Trading
- Options Trading
- Derivatives Trading (Margin Trading, Futures, Perpetual Swaps)
Additional products include:
- Trading bots
- Block trading
- OKX Earn (Savings, Stablecoins, DeFi, Staking, ETH 2.0)
- Crypto loans
- Jumpstart (OKX’s exclusive launchpad)
👉 Discover OKX’s advanced trading tools
OKX Wallet: A Gateway to Web3
The OKX Wallet promotes itself as a Web3 gateway, featuring:
- A hot crypto wallet
- A decentralized exchange (DEX)
- An NFT marketplace
- Support for dApps
The wallet supports 30+ blockchains, including:
- Bitcoin
- Ethereum
- BNB Chain
- Solana
- Polygon
- Avalanche
- Fantom
OKX Chain and Native Token
OKX operates its own blockchain—the OKX Chain—powered by its native token, OKB. This enables:
- Deployment of decentralized applications (dApps)
- Access to OKX’s infrastructure (e.g., OKX Oracles)
History and Leadership
Founders
OKX (formerly OKEx) is a subsidiary of OKCoin, owned by OK Group. It was founded in 2013 by Mingxing "Star" Xu, a Chinese entrepreneur with a background in applied physics.
Rebranding
- January 2022: OKEx rebranded as OKX, introducing a new roadmap and corporate identity.
- Current CEO: Jay Hao
Key Features
Launch Year
2017
Headquarters
Seychelles
Restricted Countries
OKX operates in 200+ countries but restricts access to U.S. residents.
👉 Check OKX’s availability in your region
Supported Cryptocurrencies
The exchange lists 350+ cryptocurrencies and supports 500+ trading pairs, including:
- BTC
- ETH
- OKB
- AAVE
- SOL
- MATIC
- XRP
- DOGE
- SHIB
- DOT
Fee Structure
OKX uses a maker-taker model with fees starting at 0.10%, decreasing with higher trading volumes. Fees depend on:
- OKB holdings (for regular users)
- 30-day trading volume (for advanced traders)
Leverage and Margin Trading
- Margin Trading: Up to 10x leverage
- Derivatives Trading: Up to 125x leverage (Futures, Perpetual Swaps)
- Options Trading: Available for BTC, ETH, and more
FAQs
1. Is OKX available in the U.S.?
No, U.S. residents cannot access OKX services.
2. What is OKX’s native token?
OKB powers the OKX ecosystem, offering utility in staking, fee discounts, and governance.
3. What are OKX’s trading fees?
Fees start at 0.10% and vary based on trading volume or OKB holdings.
4. Does OKX support NFTs?
Yes, the OKX Wallet includes an NFT marketplace and dApp browser.
5. What is Jumpstart?
OKX’s token launchpad for new cryptocurrency projects.