OKX is a centralized crypto exchange and wallet platform for buying, selling and trading digital assets. Its European platform supports more than 270 coins. The wider service includes spot markets, perpetual futures, options, P2P trading, trading bots, Onchain Earn and Web3 services.
Mingxing “Star” Xu founded the business behind OKX. He founded Okcoin in 2013 and launched OKEx, now known as OKX, in 2017. Hong Fang is the company’s president. OKX operates through region-specific entities rather than one global legal entity. Its European business is operated by OKX Europe Limited.
Users create an account and complete identity verification before trading without limits. The exchange holds assets in custodial accounts. OKX Wallet is a separate Web3 wallet that provides access to on-chain applications.
Exchange products include spot markets, conversion, perpetual futures, futures, options, pre-market futures, P2P markets and automated trading bots. Onchain Earn offers native proof-of-stake staking, ETH and SOL liquid staking, and selected third-party DeFi products.
The product pages list flexible products for assets including BTC, ETH, USDC, SOL, TRX, ADA and NEAR. Rewards vary by product. Redemption can involve queues, liquidity limits or delays.
OKX states that Convert has 0 trading fees and that Onchain Earn has no subscription fee. Some Earn products deduct a service fee from rewards, with the displayed APR including that charge. Trading fees, withdrawal costs and payment methods vary by product, account tier and jurisdiction.
OKX Europe Limited serves eligible users across the European Economic Area under its MiCA authorisation. The Malta Financial Services Authority issued the company a MiCA crypto-asset service provider licence on 27 January 2025. Product access varies by jurisdiction, and identity verification is part of the onboarding process.
OKX published its 45th consecutive Proof of Reserves in July 2026 and says Deloitte acts as its global auditor. In June 2026, the company reported more than $1 trillion in decentralized spot and perpetual volume over the preceding 30 days. It also reported nearly $40 billion in on-chain tokenized assets at the same conference.
The main trade-offs are custodial exposure to the exchange and leverage risk. Jurisdictional restrictions also affect product access. Instant-buy spreads depend on the product and account details. Onchain Earn adds smart-contract and redemption risks, along with risks related to validators and asset prices, while derivatives can magnify losses. A MiCA licence and Proof of Reserves do not remove counterparty or market risk.
Founded Okcoin in 2013 and later launched OKEx, now OKX, in 2017.
OKX combines broad spot and derivatives markets with a MiCA-authorised European platform, but custody, regional limits and complex products add meaningful trade-offs.
OKX is a large centralized exchange with spot trading, perpetual futures, options, P2P markets, conversion, trading bots and on-chain products. Its European platform supports more than 270 coins, while its wider exchange listing records show 303 coins and 950 pairs. The European figure and global figure cover different scopes.
OKX Europe Limited received a MiCA crypto-asset service provider licence from Malta’s Financial Services Authority on 27 January 2025. The company also says it is licensed in the US, Europe, UAE, Singapore, Australia, Brazil and Turkey, but access remains entity-specific and product availability varies by jurisdiction. European users can deposit euros through SEPA. Identity verification is required for account use and trading without limits.
OKX publishes 1:1 reserve information and reported its 45th consecutive Proof of Reserves publication in July 2026. Deloitte is identified as its global auditor. These measures do not remove centralized custody risk. Customers still depend on OKX to safeguard funds and process withdrawals. The exchange also offers derivatives and pre-market futures, including products with leverage. Losses can therefore exceed those of simple spot trading.
Onchain Earn includes native staking, ETH and SOL liquid staking, and selected third-party DeFi products. That adds access beyond exchange balances, while introducing validator and redemption risks as well as smart-contract and liquidity risks. Fees vary by product: Convert charges 0 trading fees and Onchain Earn has no subscription fee, while maker and taker tiers, withdrawal costs and instant-buy spreads depend on product and account details.
Star Xu founded the business behind OKX after founding Okcoin in 2013. OKX has operated since 2017.
| Markets | Spot, Futures, Options, P2P · unverified |
|---|---|
| Coins listed | 270 · unverified |
| Fiat deposit methods | SEPA · unverified |
| KYC required ⓘ | Yes · unverified |
| Proof of reserves | Yes · unverified |
| Staking / earn | Yes · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | MiCA crypto-asset service provider licence, Malta · unverified |
| Security features | Proof of reserves, 1:1 reserves · unverified |
| Futures & perpetuals | Yes · unverified |
| P2P market | Yes · unverified |
| Earn / savings products | Yes · unverified |
| Referral program | Yes · unverified |
Not disclosed by the provider: Maker fee, Taker fee, Accepts US customers, Max leverage (x), Copy trading, User protection fund.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
The exchange supports spot markets and conversion across more than 270 coins on its European platform.
Users can trade perpetual futures alongside dated futures, pre-market futures and other derivatives products.
OKX provides cryptocurrency options trading in addition to spot and futures markets.
Peer-to-peer markets let users buy and sell crypto through supported local payment routes, including USDT/CNY and USDT/VND markets.
Trading bots can execute predefined cryptocurrency strategies without placing every order manually.
Products include native PoS staking, ETH and SOL liquid staking, and selected third-party DeFi products.
OKX published its 45th consecutive Proof of Reserves in July 2026, with reserves presented at a 1:1 ratio on its European site.
The exchange provides iOS and Android apps for account management, trading and wallet access.
The European platform supports euro deposits through SEPA.
The site names USDT/CNY and USDT/VND markets with 0 fees.
Convert provides instant cryptocurrency conversions. OKX lists 0 trading fees for this product.
Spot Trading covers direct crypto markets such as BTC/USDC, BTC/USDT, ETH/USDT, ETH/USDC and SOL/USDT.
Futures includes perpetual cryptocurrency futures and pre-market futures. Pre-market futures can offer early access to assets with 2x leverage.
Options lets users buy and sell cryptocurrency options contracts through the exchange.
Trading Bots provides automated strategies for cryptocurrency markets.
Onchain Earn offers native proof-of-stake staking, ETH and SOL liquid staking, and selected third-party DeFi products. Product risks include changing rewards, validator slashing, smart-contract failure and redemption delays.
Praise is limited and focuses mainly on app usability. Complaints are much more common, particularly blocked or delayed withdrawals and account verification restrictions.
“Learning how to trade on here good easy readable Best exchange I been on. I’m learning a lot thank you.”
“Better than others that I have tried This is the best exchange that I have found so far. Great promotions, and reasonable fees.”
“App Broken You cannot add money nor withdraw money no banks or cards will work however you can send money already in the account to another bitcoin address that’s the only withdrawal method”
“\#Support I deposited Bitcoin (BTC) from my Ledger hardware wallet to OKX. The transaction was confirmed on the blockchain, but OKX locked my assets for "verification". The problem? Their automated verification system has a critical bug.”
“OKX Anywhere you open it says can’t refresh data”
“Stop advertising on my homepage It’s a shame what some of these wallet do. Okx is no different. Throwing flashing moving ads on the main wallet page is horrible. Make a section for it, sure. Let us turn it off, or at least remove after clicking on them.”
Based on 100 Reddit posts and comments, 44 App Store reviews from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
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Mingxing "Star" Xu founded the business behind OKX. He founded Okcoin in 2013 and later launched OKEx, now OKX, in 2017; Hong Fang is president of OKX.
OKX lists 0 trading fees for Convert and no subscription fee for Onchain Earn. Trading fees, withdrawal costs and instant-buy pricing depend on the product and account details.
OKX Europe Limited serves eligible users across the European Economic Area under its MiCA licence, with availability varying by jurisdiction. Identity verification is used to protect accounts and trade without limits.
OKX publishes 1:1 reserve information and reported its 45th consecutive Proof of Reserves publication in July 2026. Deloitte serves as its global auditor, but exchange balances remain in centralized custody and derivatives add market risk.
The European platform supports more than 270 coins, while the wider exchange listing records 303 coins and 950 pairs. Its Web3 services cover networks including Ethereum, Bitcoin, Solana, X Layer, Tron and Arbitrum.
OKX has the OKB token. The exchange also offers spot markets, perpetual futures, options, P2P trading and trading bots.
Recent public posts from @okx, shown as published. Not reviewed or endorsed by CryptoReview.
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