OKX vs SimpleSwap

OKX3.8/5

VS

SimpleSwap4.1/5

Feature	OKXVisit	SimpleSwapVisit
Ratings
Our score	3.8/5	4.1/5
User rating	No reviews yet	No reviews yet
Fees	3.5	3.0
Security & trust	4.0	4.0
Asset selection	4.5	5.0
Ease of use	3.5	4.5
Support	3.5	4.0
Specs
Markets	Spot, Futures, Options, P2P	Spot
Coins listed	270	2,800
Fiat deposit methods	SEPA	Card
KYC required	Yes	No
Proof of reserves	Yes	Not disclosed
Staking / earn	Yes	Not disclosed
Mobile app	Yes	Yes
Licenses & registrations	MiCA crypto-asset service provider licence, Malta	Not disclosed
Security features	Proof of reserves, 1:1 reserves	Non-custodial architecture, Direct wallet settlements
Futures & perpetuals	Yes	No
Copy trading	Not disclosed	No
P2P market	Yes	No
Earn / savings products	Yes	Not disclosed
Referral program	Yes	Yes
Company
Founded	2017	2018
Headquarters	Seychelles	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	270+ coins supported on the European platform MiCA licence for OKX Europe Limited Spot, futures, options and P2P markets 45th consecutive Proof of Reserves published in July 2026	No account registration required for standard crypto-to-crypto swaps Non-custodial model delivers converted assets directly to personal wallets Extensive catalog covering more than 2,800 cryptocurrencies Choice between fixed guaranteed rates and floating market rates
Cons	Custodial exchange accounts expose users to platform counterparty risk Product access varies by jurisdiction and requires identity verification Derivatives and pre-market futures add substantial leverage risk Onchain Earn carries smart-contract, validator and redemption risks	Built-in exchange spreads can exceed traditional spot order-book trading fees Transactions flagged by automated AML risk scoring trigger sudden KYC holds No order books, limit orders, futures, or margin trading Fiat purchases rely on third-party processors with separate fees and verification
Best for	European multi-market traders, Users seeking staking products, Algorithmic trading users	Registration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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