okx review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
OKX suits active traders who want a long coin list and a cheap maker fee, and who are happy to hold balances on a custodial exchange. Taker fees of 0.35% sit above the 0.2% median, and support runs on email, help centre and community. Proof of reserves is published, and 305 coins are listed.
Key facts
- Best for
- Trading a long coin list on limit orders.
- Taker fee
- 0.35%↗
- Coins listed
- 305↗
- Regulators
- US NMLS (FinCEN money service business registration and state money transmitter licensing), Investment firm licence, Malta (authority not named on the page), Malta Financial Services Authority (MFSA), Austrian Financial Market Authority (FMA)↗
- Fiat deposit methods
- Card↗
- Maker fee
- 0.2%↗
- Proof of reserves
- Yes↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
- Legal entity
- OKX Europe Limited↗
- Headquarters
- Malta↗
- Founded
- 2017↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Custodial
- Official website
- okx.com
Crypto wallets
Facts checked September 26, 2026, 7 sources
Pros and cons
Pros
- Maker fees of 0.2% sit below the taker fee of 0.35%, so limit orders cost less.
- 305 coins are listed, and proof of reserves is published.
- Registrations run through US NMLS (FinCEN money service business registration and state money transmitter licensing), Investment firm licence, Malta (authority not named on the page) and Malta Financial Services Authority (MFSA), and derivatives are offered alongside spot.
Cons
- Taker fees of 0.35% rank 82 of 121, so the long coin list does not come with the cheapest trading.
- Support runs on email, help centre and community, so help leans on the help centre and community rather than a live channel.
- Exchange balances are custodial, so the platform holds the coins while the self custody wallet covers the self held side.
Who it suits
- Traders who place limit orders and can use the maker fee of 0.2%.
- Anyone who needs a long coin list, with 305 coins listed, plus a mobile wallet for the self held side.
Who should look elsewhere
- Not for the lowest possible taker fee, where bunq's 0.25% to 1.99% starts below OKX's 0.35%.
- Not for earning on idle balances, where Vivid Plus charges 2.25% on its crypto earn product.
- Not for cost alone, since eToro's taker fee of 1% is higher than OKX's 0.35%.
Where it sits among rivals
On coins listed, OKX ranks 54 out of 176 brands, putting the coin range among the wider selections on the site. Trading costs pull the other way: the taker fee ranks 82 of 121, well down the list. Read it as a wide house at an average price.
Who runs it
The regulated entity is OKX Europe Limited, based in Malta and trading since 2017. US registration runs through 1767779, while the European permissions are MiCA CASP 54930069NLWEIGLHXU42 and MiCA CASP 529900B4G0EGK7Z9KT45. Support runs on email, help centre and community.
How okx compares
9.0 vs 9.5
9.0 vs 9.3
9.0 vs 9.4
9.0 vs 9.4
9.0 vs 8.5
9.0 vs 9.4
9.0 vs 8.7
9.0 vs 9.2Its taker fee of 1% is higher than OKX's 0.35%, so OKX is the cheaper place to trade.
9.0 vs 9.4
9.0 vs 8.7
9.0 vs 9.3
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.2
9.0 vs 9.0
9.0 vs 8.6
9.0 vs 8.3
9.0 vs 9.4
9.0 vs 9.4
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.1
9.0 vs 9.1
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 9.0
9.0 vs 8.9
9.0 vs 8.5
9.0 vs 8.4- 9.0 vs 8.0
Where okx is available
- Available
- Argentina, Australia, Austria, Brazil, El Salvador, Malta, Mexico, Singapore, United Arab Emirates, United States
- Licence in United States
- US NMLS (FinCEN money service business registration and state money transmitter licensing) (1767779), checked September 26, 2026
- Licence in Malta
- Investment firm licence, Malta (authority not named on the page), checked September 26, 2026
- Licence in Malta
- Malta Financial Services Authority (MFSA) (MiCA CASP 54930069NLWEIGLHXU42), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
- Licence in Austria
- Austrian Financial Market Authority (FMA) (MiCA CASP 529900B4G0EGK7Z9KT45), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What are OKX's trading fees?+
Spot trading charges a taker fee of 0.35% and a maker fee of 0.2%, so limit orders cost less than market orders. That gap is what rewards traders who place limit orders often.
How many coins can I trade?+
OKX lists 305 coins, which places it 54 of 176 brands on the site for coin range. Breadth is the widest part of the offer, so a long, mixed portfolio is less likely to hit a missing asset.
Is OKX regulated?+
Registrations run through US NMLS (FinCEN money service business registration and state money transmitter licensing), Investment firm licence, Malta (authority not named on the page) and Malta Financial Services Authority (MFSA). The European permissions are listed as MiCA CASP 54930069NLWEIGLHXU42 and MiCA CASP 529900B4G0EGK7Z9KT45, held by OKX Europe Limited in Malta, and the US side runs through 1767779.
How do I deposit money?+
Fiat deposits run through card only. That suits quick funding straight from a bank card, and anything larger or more frequent is worth checking before relying on a single rail.
Who holds my coins?+
Proof of reserves is published, which matters more here because the exchange itself is custodial, so balances are held by the platform rather than by the trader. The separate self custody wallet is the side you control.
Does OKX offer derivatives?+
Derivatives are offered on top of spot trading, and the venue is a cex. Anyone who wants contracts rather than spot orders finds the product here, though the same exchange has to be trusted with the balance.
What is the OKX wallet?+
It is a mobile wallet running on self custody, and it is open source. Backup uses a seed, so the keys stay with the holder rather than the platform. Coin support sits above the 46 site median.
What support is available?+
Support runs on email, help centre and community. The help centre carries most questions and the community channels cover the rest, so anything needing a person on a live channel is not the quickest route here.
How much do retail traders lose?+
Across the site the median retail loss is 70.15%, so trading costs are rarely the deciding factor. A maker fee of 0.2% narrows the cost side of a trade, not the market risk behind it.
Sources
- coingecko.com/en/exchanges/okex checked September 26, 2026
Backs: Coins listed, Founded
“id=okex; coins=305; pairs=1223”
- defillama.com/cex/okx checked September 26, 2026
Backs: Proof of reserves
“slug=okx; category=CEX; tvl=31709832327.02345”
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“ae_homeMemberState=MT”
- okx.com/en-ae/web3 checked September 26, 2026
Backs: Backup options, Custody, Open source, Wallet type
“Your assets are secured by seed phrase, private key, biometric authentication and encryption technology.”
- okx.com/en-us/fees checked September 26, 2026
Backs: Fiat deposit methods, Maker fee, Taker fee
“Buy and Sell - Visa, Mastercard, and others”
- okx.com/en-us/help/okx-affiliate-program-rules checked September 26, 2026
Backs: Regulators
- okx.com/en-us/help/terms-of-service checked September 26, 2026
Backs: Derivatives, Exchange type, Features, Support channels
“We provide an online trading platform for Users, if allowed in their respective jurisdictions, to hold and trade certain Digital Assets and/or its derivatives or indices thereof.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.