About OKX

What is OKX?

OKX is a Seychelles-based centralized cryptocurrency exchange (CEX) and wallet platform that serves millions of users worldwide. The platform offers a wide range of basic and derivative trading, including spot, simple options, margin trading, futures, perpetual contracts, and options trading. It also includes products such as trading robots, block trading, OKX Earn (covering savings, stablecoins, DeFi, pledges, ETH 2.0, etc.), cryptocurrency lending, and Jumpstart (a project launch platform).

The OKX Wallet, dubbed the "Gateway to Web3," is a multi-chain cryptocurrency hot wallet that integrates with decentralized exchanges (DEXs), the NFT Marketplace, and a variety of DApp applications. It supports more than 30 major blockchain networks, including Bitcoin, Ether, BNB Chain, Solana, Polygon, Avalanche, and Fantom.

OKX has its own native blockchain, the OKX Chain, and the platform's native token, OKB, which allows developers to deploy DApps and utilize its underlying architectural tools such as OKX Oracle.

In January 2022, OKEx changes its name to OKX and unveils a new brand positioning and growth strategy.

Who founded OKX?

OKX (formerly OKEx) is part of OK Group, whose parent company is OKCoin, and was founded in 2013 by Chinese entrepreneur Mingxing "Star" Xu. He graduated from the University of Science and Technology Beijing with a Bachelor's degree in Applied Physics and currently serves as CEO of OK Group.

The current CEO of OKX is Jay Hao.

When was OKX launched?

OKX, formerly known as OKEx, was created in 2017.

Where is OKX headquartered?

Headquartered in Seychelles.

Which countries cannot use OKX?

While OKX is available in more than 200 countries, residents of the United States are unable to use the platform's services due to regulatory restrictions.

What cryptocurrencies does OKX support?

The platform has over 350 cryptocurrencies on the shelf and supports more than 500 pairs. The major currencies supported include BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, DOT and so on.

What are OKX's fees?

OKX utilizes the Maker and Taker modes. The base fee starts from 0.10%, and the higher the user level and the higher the transaction volume, the lower the fee. The fee for regular users is related to the number of OKBs they hold, while the rate for advanced users is related to their trading volume over the past 30 days.

Does OKX support leveraged or margin trading?

OKX supports margin trading with up to 10x leverage. For derivatives, futures and perpetual contracts can be traded with up to 125x leverage. Users can also use leverage to trade crypto options, which currently support major coins such as BTC and ETH.