OKX Review for 2025 - Fees, Features, Pros & Cons Revealed

Ihssan El Medkouri

Verified by Tsvetomir Koychev

Last updated

June 19, 2025 05:25 EDT

25min read

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OKX is a centralized exchange known for its perpetual and expiring futures with high leverage, pre-market futures, options, and trading bots. This platform will also enable you to stake 100+ tokens and invest in new tokens and Initial Exchange Offerings (IEOs) via its Jumpstart program.

In this OKX review, we’ll cover its main products and services, trading fees, and payment methods to help you decide if this platform is a good fit for your trading style. We based our review on a detailed analysis of its features and hands-on testing to determine where OKX excels and where it could be improved. Here are our findings.

Our Take on OKX: Pros and Cons

OKX stands out as one of the top cryptocurrency exchanges, offering a range of features that cater to diverse user needs. On that note, OKX supports 500+ spot trading pairs and trading pairs denominated in Turkish Lira (TRY). You can also trade perpetual and expiration futures, with up to 100x and up to 125x leverage, respectively, and pre-market futures with 2x leverage.

OKX recently introduced a new ‘Spot Copy Trading’ feature that automatically allows you to copy lead traders’ strategies across 120 spot pairs. This feature will enable you to choose one-way or hedge position modes for both spot and perpetual markets. It includes a network of over 8,000 experienced ‘lead traders’.

OKX is suitable for options traders as it supports simple options, options chain, and RFQ or Liquid marketplace. What’s more, you can automate your trades using 12 trading bots or invest in new projects via its Jumpstart program.

Another product that sets OKX apart is its native wallet. This non-custodial wallet enables you to buy, sell, and store crypto, gain access to over 1,000 dApps, and buy, sell, and create NFTs. OKX Wallet uses a Smart Account feature that will allow you to pay gas fees with stablecoins. The OKX Wallet has also enhanced its trading features. You can now buy up to 10 BTC ordinals, transfer up to 30 in a single transaction, and inscribe up to 1,200 BRC-20 tokens in a single transaction.

OKX’s newest feature, OKX Pay, will enable you to send and receive USDT and USDC on the X Layer network for zero fees and earn daily rewards based on the yield generated by your deposits.

On a negative note, many users complain about OKX’s customer support, which is slow to respond. Moreover, if you want to use the early repayment option, you’ll have to pay 30% interest on the remaining loan duration. OKX can also be overwhelming to new users due to its wide range of advanced trading tools. And finally, its latest feature, OKX Pay, only supports stablecoins (USDC and USDT) on the X Layer network.

Pros

• 350+ cryptos to trade
• Options, futures, and spot trading available
• Leverage up to 125x on select pairs
• Available in 160+ countries
• 2 pre-built trading bots

Cons

• Exchange unavailable in North America
• ID required for crypto deposits

Visit OKX

OKX Overview

Cryptocurrencies You Can Trade on OKX

The exchange lists over 350 cryptocurrencies and facilitates more than 500 trading pairs. These include major tokens like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with specific pairs like BTC/USDT and ETH/USDT being particularly active.

OKX divides its list of supported tokens into the following categories: New, AI, Solana, RWA, Meme, Payment, DeFi, Layer 1, Gaming, and DePIN, which will help you find specific coins. For example, its AI section includes some of the best AI meme coins, like FARTCOIN, GOAT, and ACT, while its Solana section includes popular Solana-based meme coins, such as BONK, WIF, and PNUT.

OKX lists new tokens on a regular basis. On that note, its most recent listings include:

• PI (Pi Network)
• TRUMP (Official Trump)
• S (Sonic)
• IP (Story Protocol)
• PENGU (Pudgy Penguins)
• MORPHO (Morpho)
• MOVE (Movement)
• KAITO (Kaito)
• BERA (Berachain)

Many crypto analysts believe that OKX could soon list tokens like Solaxy (SOLX), Snorter Bot (SNORT), and BTC Bull Token (BTCBULL) as they are currently very popular among crypto enthusiasts.

These are just a few examples of the unique range available. The exchange’s platform facilitates trading in various tokens, catering to diverse investor interests and market trends. Just remember to always conduct thorough research before investing in cryptocurrencies, especially lesser-known ones. To this day, there are monumental financial scandals that have left even the most shrill of investors, like Mark Cuban, out of pocket.

Another example is James Wynn. James Wynn is a popular crypto trader who gained attention after turning his initial PEPE investment of $7,000 into $25 million. However, he also lost $100 million in just one month due to trading Bitcoin perps with high leverage.

OKX Trading Products

In this section of our OKX review, we’ll cover its main features and services.

OKX Futures Trading

OKX will enable you to trade perpetual and expiration futures using USDT, USDC, and crypto-margined contracts. USDT-margined perpetual futures contracts include popular pairs such as BTC/USDT, ETH/USDT, and SOL/USDT, as well as lesser-known pairs like COMP/USDT and COOKIE/USDT. USDC pairs include BTC/USDC and ETH/USDC, while crypto-margin pairs include BTC/USD, ETH/USD, SOL/USD, and many more.

The platform supports both isolated and cross margin modes, which means that you’ll be able to use a portion of your funds as margin or your entire account balance. Perpetual futures come with up to 100x leverage, allowing for significant gains (and, indeed, losses), while expiry futures offer leverage up to 125x.

OKX also supports pre-market futures with 2x leverage, which means that you’ll get to trade new tokens before they launch. The pre-market expiry futures are settled in USDT, and their price will be based on the last price of the corresponding pre-market futures on OKX.

Examples of tokens that were available for pre-market futures trading include DOGS, CATI, HMSTR, EIGEN, and HYPE. OKX is also recognized as one of the best futures exchanges for broad denomination support, as it will allow you to trade futures margined in USDT, USDC, stablecoins, and altcoins.

However, futures trading involves risks like margin calls and liquidation. If the value in your margin account runs low, you may receive a margin call requesting additional funds. Failure to meet these requirements can lead to liquidation, where your open trade positions are closed, and you lose your initial margin.

OKX Spot Trading

OKX supports 500+ spot trading pairs, including USDT and USDC pairs, crypto pairs, and trading pairs denominated in Turkish Lira (TRY), such as BTC/TRY, ETH/TRY, SOL/TRY, XRP/TRY, PI/TRY, TRUMP/TRY, and USDT/TRY. You can trade USDT, USDC, and crypto pairs with up to 10x leverage, or you can test this service using a demo account.

OKX recently launched a new feature called spot cost price, which will help you understand the actual cost when trading spot pairs. You can also use several order types, such as the standard market, limit, and TP/SL, as well as advanced limit orders, like Post Only, Fill or Kill, and Immediate or Cancel.

OKX Options Trading

OKX is an attractive choice for first-time options traders as it supports simple options. Simple options will enable you to trade Bitcoin and Ethereum options by choosing their price direction and setting the target price. OKX also offers two additional channels for options trading: options chain and RFQ or Liquid marketplace, which are tailored for professional traders.

OKX imposes the following minimum capital requirement:

Trading Bots

OKX offers 12 pre-built trading bots that you can use to automate your trades:

• Spot grid bot – buy low, sell high in an upward market
• Futures grid bot – leverage futures for any market trends
• Futures DCA (Martingale) – enter low, exit high in stages
• Smart arbitrage – one-click arbitrage, easy hedging
• Flywheel – maximize with dual crypto, buy low, sell high, and trade in cycles
• Spot DCA (Martingale) – triggered by indicators, gradually grow your crypto holdings
• Recurring buy – buy regularly to average out holding costs
• Signal bot – trade with low-latency signals automatically
• Iceberg – split large orders for better prices
• TWAP – place scheduled orders to reduce slippage
• Smart portfolio – rebalance multi-crypto portfolio with custom triggers
• Arbitrage – capitalize on price differences with leverage

You can also create your own bot. For example, you can set up a signal trading bot with TradingView or use OKX’s API to develop bots using JavaScript and Python. What’s best, bot creators will be able to earn up to 30% of copiers’ profits.

OKX Staking

OKX’s Earn product includes three services – Simple Earn, Structured Products, and On-chain Earn. Simple Earn service will enable you to earn interest on your crypto assets, Structured Products will enable you to earn higher APRs from derivative markets, while On-Chain earn service will enable you to earn rewards through staking.

Staking is the opportunity to earn passive income through OKX’s cryptocurrency holdings. You can stake over 100 digital assets in the OKX Pool, locking up a certain amount of your tokens to support the functioning of their network.

Your yield from staking will be an estimation, not guaranteed by the platform. OKX deducts costs, fees, and expenses related to the operation of staking, including server and electricity fees, from the actual yield to determine the final yield.

Here’s an overview of the estimated APYs for major coins:

Flexible and Fixed Staking Periods

Flexible staking allows you to redeem your assets after entering a command. By default, the auto-renewal function is enabled for fixed-term staking and upon expiration of the term, the deposit will be automatically staked for another term of the same duration.

Users must ensure that they are the legal owners of the digital assets they stake and that the sources of these assets are legal. Staking involves various risks, including market volatility, technical anomalies, and potential financial losses. We advise you to learn and accept these risks before participating in staking.

OKX Jumpstart

As we mentioned in the introduction to our OKX review, this exchange stands out due to its Jumpstart program, which will allow you to invest in new tokens and Initial Exchange Offerings (IEOs). OKX has so far supported 11 projects:

• ANIME (Animecoin)
• MAX (Matr1x)
• ULTI (Ultiverse Token)
• NOT (Notcoin)
• RUNECOIN (RSIC•GENESIS•RUNE)
• ZK (Polyhedra Network)
• SUI (Sui)
• RAY (Raydium)
• WOO (WOO Network)
• TONCOIN (Toncoin)
• GODS (Gods Unchained)

You can participate in two types of events – Mining and On Sale. The former will allow you to earn rewards via staking, while the latter utilizes the Pledge + Draw model to distribute tokens. To participate in the events, you’ll need to create an account on OKX and go through the KYC verification.

OKX Loan

OKX will enable you to use over 100 cryptocurrencies as collateral to borrow digital assets. You can borrow as many tokens as you want as long as there’s no overlap between your loan and collateral. The loan terms are flexible, meaning you’ll be able to repay your loan whenever you want. OKX supports both partial and full repayments.

You can also apply for a VIP loan if your VIP level is higher than 5. VIP loans come with fixed interest rates and fixed borrowing duration (30 days). However, if you want to take advantage of the early repayment option, you’ll have to pay 30% interest on the remaining loan duration (if the repayment is made 6+ hours before maturity).

OKX Copy Trading

OKX supports futures copy trading and spot copy trading, which will enable you to copy the strategies of professional traders. You can use the Smart sync mode to automatically synchronize your token allocation for each spot order with the lead trader. You can also use one-way or hedge position modes for spot and perpetual markets.

You’ll share 8%-13% of the profits made from copy trading with the lead traders. Those who use the open/close position mode will be able to copy up to 10 traders, while those who use the buy/sell position mode will be able to copy one trader.

Copy traders will have a spread protection of 0.5% (when opening a position), which means that the trade will not be copied if the opening price exceeds 0.5% of the lead trader’s opening price.

At the time of writing, the copy trading feature is not available in the following locations: Hong Kong, Singapore, Cuba, Iran, North Korea, Crimea, Malaysia, Syria, the United States, Canada, the United Kingdom, Bangladesh, Bolivia, and Malta.

OKX Trading Fees

OKX fees are competitive and tiered to benefit traders of all volumes. The fees for spot trading start relatively low and decrease further with increased trading volume, incentivizing high-volume traders with lower fees. This fee structure operates on a maker-taker model, where makers who add liquidity to the market are typically charged a lower fee than takers who remove liquidity.

That said, the fees for spot trading start at 0.080% (maker) and 0.100% (taker) for USDT pairs and at 0.050% (maker) and 0.070% (taker) for Stablecoins/Crypto/Fiat pairs. As you progress through the tiers, you’ll pay lower fees:

Trading USDT-M perpetual futures starts at 0.020% (maker) and 0.050% (taker) fees, while for options, the fees start at 0.030% (maker) and 0.030% (taker).

There are no fees for depositing cryptocurrencies, but withdrawal fees vary depending on the specific cryptocurrency being withdrawn.

Trading Experience

The OKX trading platform is user-friendly and suitable for both beginners and experienced traders. It includes various tools and charts to help traders analyze market trends and make informed decisions. You can also expect a comprehensive range of trading options catering to all levels and strategies.

With its high liquidity, OKX ensures that traders can execute orders efficiently at competitive market prices.

Account and Wallet Integration

This integration facilitates seamless management of your assets on the platform. OKX Wallet has introduced a Smart Account feature that leverages the concept of account abstraction. This feature allows users to pay gas fees with stablecoins and includes social recovery for wallets, enhancing both convenience and security.

As with most cryptocurrency exchanges, OKX operates 24/7, allowing traders to buy and sell at any time. With accessible customer support and a comprehensive FAQ section to assist users with any queries or issues they may encounter, the platform goes to great lengths to usher in new traders.

If you’re looking for the best crypto wallets with built-in exchanges, you should give the OKX wallet a go, as it represents a significant step towards a more integrated and user-friendly experience in the world of cryptocurrency and decentralized finance. It combines ease of use with advanced features, making it a compelling choice for those looking to manage their digital assets effectively.

OKX Wallet Features

Fully decentralized and non-custodial, you’ll have complete control over your digital assets with the OKX wallet. It does not store your wallet password, seed phrase, or private key, nor does it send the data to an external server. This ensures a high level of security and privacy.

The wallet is a comprehensive and versatile tool for managing a wide range of cryptocurrencies and engaging with the broader Web3 ecosystem, providing access to over 1,000 DApp protocols. It can hold over 40 different blockchain networks, including Ethereum, OKC, and BSC, and offers full NFT integration, allowing users to buy, sell, and create NFTs.

One of the notable features of the OKX Wallet is its ability to facilitate cross-chain swaps. This is made possible through their proprietary X Routing technology, which searches multiple blockchains and decentralized exchanges to find the best exchange rates.

Smart Account Feature

This feature integrates elements of account abstraction – allowing the creation of secondary accounts with specific rules and instructions – and leverages the ERC-4337 Ethereum standard to offer a suite of new capabilities, including:

• Gas Payments with Stablecoins: with ERC-20 tokens, such as stablecoins, you can execute transactions and pay the associated gas fees using USDC or USDT, even if you don’t have Ethereum’s gas token in your wallet.
• Social Recovery for Wallets: allowing users to regain access to their wallet without a seed phrase. This is achieved by selecting a group of trusted individuals during wallet setup, who can then assist in wallet recovery if the private key is lost.
• Flexibility and Programmability: enabling users to set specific instructions or rules for wallet operations, potentially advancing security controls.

The Smart Account feature in the OKX Wallet is geared towards making the Web3 experience more accessible, secure, and user-friendly. Especially given their desire to strengthen their Web3 presence around the world. The feature represents a step forward in addressing some of the complexities and risks associated.

Its user-friendly interface offers easy connection via web extension or mobile apps for iOS and Android. You can take full advantage of faster withdrawals, as there is no approval needed with a fully decentralized wallet.

OKX Mobile App

The exchange offers two apps – the OKX app and OKX Wallet. The OKX app is available for Android and iOS devices (14.0 or later). You can use it to track the markets, discover hot tokens, build and manage your portfolio, earn rewards, and trade futures (available for select markets only). You can also switch to advanced mode.

However, the app doesn’t support fiat offramping, so you cannot directly swap for fiat and withdraw to a bank account. For such transactions, the app relies on third-party intermediaries, which may incur higher fees. Due to its extensive range of features and crypto products, new traders may find the app overwhelming. However, the app includes Lite, Web3, and Pro modes to cater to different user needs.

On the other hand, the OKX Wallet app will enable you to swap tokens in real time, create and trade NFTs, discover on-chain rewards and dApps, and execute decentralized trades.

Both apps include all the necessary trading features, like stop-loss orders, limit orders, take-profit orders, margin trading, and a variety of technical indicators. They also have a beautiful design and layout – the dark theme contributes to a user-friendly experience. Well-placed menus and icons make it easy for users to find their way around, whether they are beginners or experienced traders.

Payment Methods on OKX

Various payment methods are available to you, facilitating the following:

• Debit/Credit Card
• SWIFT (Bank Transfer)
• Quick Buy/Sell
• P2P Trading
• OKX Wallet

Of course, you can also deposit funds using cryptocurrencies from your own external wallet or another exchange to your OKX account.

Alternatively, you can buy cryptocurrencies using Visa, Mastercard, and other major credit and debit cards. OKX partners with various third-party payment service providers, like Banxa and Xanpool, to facilitate cryptocurrency purchases. Their peer-to-peer (P2P) trading platform also allows users to buy and sell crypto directly between others.

The Express Buy feature allows you to quickly purchase select tokens with fiat, supporting over 90 currencies. On-chain withdrawals come with a fee, while internal withdrawal transfers and deposits are free.

Minimum Deposit

It’s important to note that the availability of these payment methods can vary depending on your location. Check the platform for the most up-to-date and relevant payment options available to you. OKX may not charge deposit fees, but third-party payment processors might. Always consult the terms and conditions for detailed information on any potential costs and fees.

With that in mind, here’s an overview of deposit and withdrawal limits on OKX:

Withdrawal Times

Withdrawal times and fees are dynamic, based on network conditions, and can fluctuate due to congestion. For example, the withdrawal fee for Ethereum (ETH) is 0.00032 ETH; however, this amount could change if the network experiences high traffic. It’s important to check the most updated fee listed on each withdrawal page on OKX for the most accurate information.

OKX Pay

The OKX exchange recently introduced a new feature called OKX Pay. This feature, which will be available within the OKX app, will enable you to send and receive stablecoins (USDT and USDC) on the X Layer network for zero fees. OKX Pay features a multi-signature smart wallet, social features such as integrated messaging, and silent rewards that enable you to earn daily rewards based on the yield generated by your deposits.

You can activate OKX Pay by verifying your account and creating a passkey. You can also send payments to people who don’t have an OKX account by entering their phone number or email address. However, to receive the payment, they will have to create an account on OKX.

Keep in mind that OKX Pay currently supports only stablecoins on the X Layer network. However, you can convert your tokens on other networks and move them to the X Layer network. At the time of writing, OKX Pay supports converting assets from Ethereum, TRON, Arbitrum, Base, Avalanche, and Optimism.

OKX’s Customer Support Service

Next, in our OKX review, we’ll discuss its customer support. You can reach out for assistance through social media platforms as well as the following channels:

• 24/7 Live Chat: for help wherever you are, at any time.
• Multi-lingual Support: via email and live chat.
• FAQs & Help Center: pages dedicated to common queries.
• Community Support: From Reddit to social media

Bitcompare has also said OKX offers a reasonable support system, noting that users can also send support tickets and emails or reach customer support on Telegram, Twitter, and Discord, despite some users reporting issues with customer support and undisclosed fees.​

Likewise, Securities.io says that while the platform is popular for its range of altcoins and educational resources, there have been questions over its reputation. The quality of customer support appears to be a point of contention among users, with some experiencing challenges in getting timely and effective assistance.

OKX has a 2.9 rating on Trustpilot, based on 1,710 reviews, which is not very flattering. Most negative comments are related to blocked withdrawals and generic responses.

We noticed that to talk to its agents via live chat, you’ll first need to fill out a form. I.e., you’ll have to enter your name and email and tap the Submit button. After that, you’ll be redirected to the agent.

With that in mind, we had a rather pleasant experience with the team, so it’s possible that improvements have been made.

Licensing & Security at OKX

Despite their complex licensing and security profile, OKX serves users in over 100 countries worldwide. However, it is important to note that OKX is not available to residents of certain jurisdictions, like the United States, due to regulatory restrictions.

Originally based in China, they moved their operations to Seychelles after China’s crypto ban. They abide by KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, which are standard practices for most reputable crypto exchanges. But for those looking for anonymity, we’ve compiled a list of the best non-KYC exchanges in the market this year.

OKX stores cryptocurrency holdings offline, in cold storage, which significantly reduces the risk of hacking. Transfers from cold wallets require approval by at least two authorized personnel, adding an extra layer of security against unauthorized access. Two-factor authentication (2FA) adds another security layer, and to protect you from phishing attempts, you’re provided with codes.

Another thing to note about OKX is that the platform allows users to view audit data and participate in the verification process. The platform’s large trading volume, transparency, and adherence to regulatory standards contribute positively to its trustworthiness.

Historically, OKX has not suffered any significant exploits, indicating a robust security structure. However, the exchange has faced controversies, including issues surrounding its founder and other backers, particularly from China. OKX was also accused of violating U.S. anti-money laundering laws, which is why it had to pay over $500 million in penalties.

Consequently, customer reviews of OKX’s security are mixed. While many users appreciate the platform’s security measures, there have been concerns over its reputation and past incidents involving the founder.

What Could OKX Do Better?

As much as we enjoyed our time exploring the platform, there are several key areas of improvement we assessed in our OKX review, including:

• Reputation and Trustworthiness: past controversies relating to the platform’s founder have affected OKX’s reputation. Addressing these concerns transparently and ensuring strict regulatory and ethical standards adherence could help rebuild and strengthen trust​​​​.
• Customer Support: OKX has received mixed reviews regarding its customer service, with some users reporting slow response times and unsatisfactory resolutions to their queries. Improving the efficiency and effectiveness of customer support, possibly by introducing more immediate channels, could enhance user satisfaction​​​​.
• User Experience for Beginners: While OKX offers a range of advanced trading tools and features, these can be overwhelming for new users. Streamlining the user experience to make it more beginner-friendly without sacrificing advanced options could attract and retain a broader user base.

Improvements in these areas could make OKX more competitive and appealing to a wider range of cryptocurrency traders and investors.

Conclusion

Overall, OKX is a deservedly prominent cryptocurrency exchange offering many trading options and features. It supports a variety of tokens, a user-friendly interface, and educational resources for traders, including tutorials and analysis.

Block trading and the Jumpstart program allow investing in new crypto projects. It has an NFT marketplace and provides a multi-functional wallet for managing digital assets and interacting with DApps​. Several robust security measures are employed, such as cold storage for the bulk of assets, multi-signature wallets, and 2FA.

The platform also offers various support channels and stands out for its wide range of trading options, extensive asset support, and advanced security measures. We’re giving this exchange the thumbs up, but if you’re in the market for other exchanges, don’t hesitate to check out the best crypto exchanges around this year.

OKX FAQs

Ihssan El Medkouri

Ihssan is a dedicated Content Editor at Cryptonews, where she excels in producing well-researched, insightful content. She has made notable contributions to the cryptocurrency industry, including writing and editing comprehensive cryptocurrency whitepapers, creating engaging token presentations, and playing a key role in the launch of new currencies.

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