CEX PROOF OF RESERVES VARA LICENSED MAS REGISTERED
OKX review
Full-featured exchange for global traders
The verdict
7.8 / 10 · CONSIDER
A Binance-rival with excellent trading tools, low fees, and a built-in DEX/Web3 wallet. Strong in Asia and growing in EU — a solid choice for active traders outside the US.
◆ BUY IT IF
- Very competitive fees
- Excellent trading tools and charting
- Built-in Web3 wallet for DeFi access
- Copy trading feature
◇ SKIP IT IF
- Not available for US residents
- Regulatory history issues (CFTC settlement 2024)
- Customer support complaints
- Less brand recognition vs Binance/Coinbase in Western markets
§ 01 SCORE BREAKDOWN
Seven axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
VASP registered in Dubai (VARA). MAS registered in Singapore. Seychelles FSA registered. CFTC settlement reach
Trading fees
Maker 0.08% · Taker 0.1%
Coin selection
300 coins supported
Liquidity
CEX — order-book depth
User experience
Security
Publishes Proof of Reserves
Support
§ 02 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- VASP registered in Dubai (VARA). MAS registered in Singapore. Seychelles FSA registered. CFTC settlement reached in 2024.
- KYC required
- Yes
- Proof of Reserves
- Yes
- Founded
- 2017
- Type
- CEX
Fees
- Maker fee
- 0.08%
- Taker fee
- 0.1%
- Withdrawal fee
- Variable by asset
Trading
- Spot trading
- Yes
- Futures trading
- Yes
- Margin trading
- Yes
- Copy trading
- Yes
- Supported coins
- 300
Other features
- Earn / staking
- Yes
- Debit card
- No
- Fiat on-ramp
- Yes
§ 03 FAQ
Frequently Asked Questions
Is OKX safe to use? +
OKX VASP registered in Dubai (VARA). MAS registered in Singapore. Seychelles FSA registered. CFTC settlement reached in 2024.. The platform publishes proof of reserves.
What are OKX's trading fees? +
OKX charges 0.08% maker fee and 0.1% taker fee. Fees reduced by holding OKB token. Futures: 0.02% maker / 0.05% taker.
How many coins does OKX support? +
OKX supports 300 coins and tokens. Spot trading is available. Futures trading is also supported.
◆ COMPARE OKX VS
◆ OPEN ACCOUNT
Ready to put a week's worth of research to work?
We earn commission if you open an account through this link. It does not change what we paid (nothing) or what we score (everything).