Things trading volume, a chart of price movements and the current bids. On the other side, there have been several issues surrounding the platform founder and other backers of the exchange, particularly from China. This includes multiple arrests with the most recent of Xu being at the end of 2020 okex review amid fraud accusations which led to a temporary suspension of account withdrawals on the platform. There have also been previous reports of system hacks and loss of crypto from several users. OKX (Formerly OKEx) is a cryptocurrency exchange that was founded in 2017 by Hong Kong-based Xu Mingxing.

OKX official support in Telegram has been playing tricks on me for almost 4 months and not returning the money to my account. I was scammed 11 times, 2 thefts from my account, James Scot asked me for my account password 3 times, this is punishable, he has no right to ask for my password. Out of a £1150 fine i paid £26000 and now he wants another £3400 this worker james scott.

Easy and flexible P2P exchange

However, OKX’s fees are relatively low in comparison to some other cryptocurrency exchanges. OKX offers different payment methods to enable users to turn their fiat into crypto. Even though it doesn’t accept deposits in fiat currency, users can buy cryptocurrencies with fiat currency using the payment methods that it does accept. These methods include credit cards, debit cards, bank transfers, Apple Pay, Alipay, WeChat Pay, and many more. The OKX exchange provides an advanced platform for crypto-related products. It lets both new and experienced traders trade in spot, options, derivatives, and leveraged markets.

There are different types of market orders to help investors place a trade at predefined price and volume, and the ability to use Algo orders is specially vital for active day traders. In comparison to other cryptocurrency exchanges, the OKEx platform is quite advanced, allowing users to trade with different types of orders. Those include market order, limit market order, advanced limit order, stop-limit order, trailing top order, iceberg and Time-weighted average price (twap) orders.

Is OKX Legit?

Your input is significant to us, and your support is deeply valued. We want to convey our heartfelt appreciation for your feedback. Your input is truly valued, and your continuous support is of immense importance to us. OKX has a rating of 4.2 stars from 125 reviews, indicating that most customers are generally satisfied with their purchases. OKEx is a top exchange that is trusted by millions of users. Failing that, all you need to do to fund your account is to navigate to the ‘Assets’ button, click ‘deposit’ and a screen with crypto details will show up.

Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKX offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees for high-volume traders. You can buy and sell six stablecoins in addition to Bitcoin and Ethereum using the P2P marketplace, which is comparable to platforms like ByBit and Binance, which support four and seven, respectively.

Cryptocurrencies Available on OKX

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. https://www.tokenexus.com/ Access over 40 popular coins and altcoins and staking to earn interest. If you sign up for an OKEx account using an OKEx invite code and trade $100 in crypto, you get a $10 sign-up bonus. If you want to try your hand at crypto mining to earn passive income, OKEx is a great place to be.

• It’s a platform where you don’t need to know anything about crypto to get started (unlike some others).
• Taker fees are usually larger than maker fees as they involve the removal of liquidity from the market.
• Its sister platform, OKCoin, was set up to serve the US market, which OKX is not allowed to do because it is not licensed to do so.
• OKX provides access to hundreds of crypto tokens and trading pairs.
• All user-asset deposits and withdrawals require layered risk-management mechanisms before being posted to the blockchain for confirmation.
• This handy feature lets you gain exposure to 6 mainstream cryptocurrency coins including bitcoin, Ethereum, USD, XRP, Litecoin, and OKB using 30+ fiat currencies.