NMLSRegulated
United States Crypto Asset Transfer License (MTL)
OKX
Regulated in Singapore
Crypto Asset Exchange License (CEX)
Global Business
Ecosystem Exchange
Proof of Reserves
Basic Information
Country/RegionUnited Kingdom
Exchange AbbreviationOKX
Company NameOKX
Operating Period5-10 years
Websitehttps://www.okx.com/
Exchange TypeCentralized Exchange
RiskNotice
4 risk alerts
MASRegulated
Singapore Crypto Asset Exchange License (CEX)
VARARegulated
United Arab Emirates Crypto Asset Exchange License (CEX)
MFSARegulated2
-- Crypto Asset Exchange License (CEX)
CNADRegulated
Salvador Crypto Asset Exchange License (CEX)
SCBRegulated
Bahamas Crypto Asset Exchange License (CEX)
CMBRegulated
Turkey Virtual Asset Service Provider (VASP)
FSARegulated
Seychelles Crypto Asset Exchange License (CEX)
AUSTRACActive
Australia Virtual Asset Service Provider (VASP)
User Feedback
174
OKX platform suspected of colluding with currency dealers to defraud money. On December 2nd, I used the payment method of the currency dealer in C2C to transfer Canadian dollars according to the address. The currency dealer insisted that they did not receive it and refused to make the payment. I complained to the platform, and the platform asked me to provide information. After I provided it as instructed by the platform, I have not received any response. Today, on December 14th, the platform directly canceled my order. I did not receive the purchased USDT on OKX, and my bank account has not been refunded. I complained to the customer service, but they just referred me back to the so-called specialist for investigation. I sincerely advise to be more cautious when trading on OKX. I will not use this platform anymore because the risk is too high.
Blockchain black platform Ouyi OKX official certified merchant joint fraud uremia mother medical treatment cost 2000u has been filed. So far, Ouyi black platform has not responded.
Asset Reserves
Exchanges with reserves exceeding 98.35%
2 /100
$19,670,000,000
BTC$8.38B
Capital flows
Exchanges with 24H outflows exceeding 89.18%
5 /100
-$53,482,651.8
0.27% StableTrading Volume
Exchanges with 24H trading volume exceeding --
0 /100
$2,120,000,000
42.58% Official Token
OKB
OKB
$114.74
4.06%
24H Vol
$28,950,818.31
Market Cap
$2,409,550,913.97
Issue Time
2019-04-30
Crowdfunding Price
$1.58
Circulation (pieces)
21,000,000.00
return on investment
+7,141.62%
Recently destroyed (pieces)
--
Total destroyed (pieces)
--
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| BTC/USDT | $78,957.44 | 2.12% | $687,795,329.73 | $4.37M/$2.09M | 840 |
| ETH/USDT | $2,478.82 | 1.33% | $442,308,569.77 | $3.30M/$2.02M | 825 |
| USDC/USDT | $1.00 | 0.02% | $174,562,689.95 | $10.33M/$15.14M | 812 |
| SOL/USDT | $96.18 | 1.05% | $144,253,694.4 | $1.97M/$2.27M | 721 |
| XRP/USDT | $1.48 | 1.59% | $132,375,277.38 | $1.27M/$1.68M | 727 |
| HYPE/USDT | $77.45 | 4.26% | $77,873,867.13 | $422.31K/$579.94K | 689 |
| DOGE/USDT | $0.0893613 | 3.91% | $66,019,262.41 | $1.23M/$1.43M | 701 |
| ZEC/USDT | $818.12 | 7.09% | $50,987,281.44 | $463.88K/$450.86K | 645 |
| TRUMP/USDT | $2.45 | 9.63% | $40,200,707.58 | $441.40K/$411.06K | 573 |
| SUI/USDT | $0.81251179 | 2.22% | $34,843,957.57 | $630.19K/$586.72K | 650 |
Exchange Overview
Exchange Overview
What Is OKX?
OKX is a global company offering exchange and Web3 services with offices in Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas. OKX exchange services are offered by its Seychelles-incorporated and Bahamas-registered entities. OKX offers Web3 services in the United States and has an office in Silicon Valley, but it does not offer exchange services in the United States. The exchange offers basic trading including spot and simple options, and derivatives including margin, futures, perpetual swaps and options. Other products include: trading bots, block trading, OKX Earn (savings, stablecoins, DeFi, staking, ETH 2.0 and more), crypto loans and Jumpstart, the exchange’s launchpad.
OKX wallet claims to be the “portal to Web3,” offering a crypto hot wallet, decentralized exchange (DEX), a NFT marketplace and decentralized applications (DApps). The wallet supports over 30 networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom and more.
OKX also has its own native blockchain — X Layer and native token — OKB, which allows builders and projects to deploy DApps and developers to use infrastructure like OKX Oracle and more.
In January 2022, OKEx was rebranded as OKX, with a new branding and roadmap.
Who Are the OKX Founders?
OKX (formerly OKEx) is owned by OK Group.
The company was founded by Mingxing "Star" Xu back in 2013 in China. Xu is a Chinese entrepreneur. He holds a Bachelor's degree in Applied Physics from the University of Science and Technology Beijing. Star Xu is CEO of OK Group.
The present CEO of OKX is Star Xu.
When Did OKX Launch?
The exchange, formerly known as OKEX, was launched in 2017.
OKX Restricted Countries
The project is supported in over 200 countries. However, residents of the United States don’t have access to the platform's services.
What Coins Are Supported on OKX?
The exchange lists over 350 cryptocurrencies and supports more than 500 trading pairs. The platform lists major tokens including BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, and DOT.
How Much Are OKX Fees?
The fee structure is based on market taker and maker model. Trading fees on the platform start at 0.10% and decrease as trading volume increases. For regular users, fees depend on the number of OKB (native currency) in the OKX ecosystem, while for advanced users, fees are based on their 30-day trading volumes.
Is It Possible To Use Leverage or Margin Trading on OKX?
OKX offers margin trading with leverage up to 10X. For derivatives, OKX also offers futures trading and perpetual swaps with up to 125X leverage. Traders can also leverage through crypto options, including BTC, ETH and more.
Business Region
InfluenceAAA0
2
4
6
8
10
News
191
WikiBit Exchange Exit Scam Risk Ranking – Episode 6: Coincheck: Hacked for $530 Million, Acquired by a Financial Giant, Listed on Nasdaq — The Ice and Fire Saga of Japan’s “National Exchange”
Introduction: An Exchange That Has “Died Once” In previous episodes, we investigated HashKey (the compliance top student), HTX (the sanctions-hit exchange), UZX (the DAO penny-stock project), Phemex (the Morgan Stanley elite team), Tapbit (the “MSB license sticker king”), and Deepcoin (the “El Salvador new outfit”). Todays subject is probably the most dramatic one in the entire series — Coincheck. In January 2018, Coincheck suffered the largest cryptocurrency theft in history at the time: hackers stole $530 million worth of NEM tokens. For most exchanges, such a disaster would likely have ended with a shutdown or even an exit scam. But Coincheck survived. It accepted corrective measures imposed by Japan‘s Financial Services Agency (FSA), was acquired by listed company Monex Group, went public on Nasdaq in 2023, and in 2026 obtained Japan’s first stablecoin-related license. An exchange that had “died once” somehow came back as the “immortal phoenix” of Japans crypto market. However, on the other side of the story:Trustpilot rating: 1.7/5In April 2025, Coinchecks official X account was hacked, causing a platform-wide disruptionUsers complained about account freezes and withdrawal problems Why does an exchange that was acquired by a publicly listed company and listed on Nasdaq still get called a “SCAM” by some users？ Today, we will break it down
BitMart Shutdown Sparks Withdrawal Concerns: $3.7 Million in User Assets Reportedly Affected — WikiB
After BitMart announced its orderly shutdown on July 26, an increasing number of users have reported issues in recent days, including withdrawal difficulties, delayed withdrawals, abnormal account balances, and unresponsive customer support. On July 30, affected BitMart users with significant asset exposure established a joint communication group and completed an initial registration process. According to the preliminary records, 27 users reported being unable to withdraw their funds normally, with total affected assets reaching approximately 3,704,214 USDT. The largest reported individual asset amount reached 700,000 USDT, while several other users reported account balances ranging from 100,000 USDT to 600,000 USDT. Screenshots from the original accounts of just seven users showed a combined balance of 1,692,203.67 USDT. Screenshot of BitMart Users Unable to Withdraw Funds (Source: @MINGLIbtc) Centralized exchanges (CEXs) play a critical role in custodying user assets, facilitating trades, and providing withdrawal services. However, over the past few years, the crypto industry has witnessed multiple exchange risk events. From the collapse of major exchanges to withdrawal difficulties faced by smaller platforms, ordinary users are often the ones who suffer the greatest impact in the end. When such incidents continue to occur, how can users better protect their asset rights and interests？BitMart Shutdown: $3.7 Million in User Assets
Will WEEX Become the Next BitMart or BitMEX? An In-Depth Risk Assessment Based on Real Data and User
Last week, with veteran crypto exchanges BitMart and BitMEX announcing their shutdowns amid a harsh market environment, negative sentiment spread rapidly across the industry. Investors and market observers began asking one question: which exchange could be next to face a crisis？ WEEX, an eight-year-old crypto exchange, has also come under the spotlight after a series of negative claims surfaced online. An industry insider who had previously warned about BitMarts potential collapse two months earlier shared a prediction on X, stating: “WEEX is going to shut down.” Some users have also filed complaints on FX110, claiming that they experienced issues such as unauthorized fund deductions, account freezes without explanation, and being asked to “delete their posts before withdrawals could be processed.” Recently, an individual claiming to be a “former BitMart employee and current WEEX employee” posted on social media, accusing the company of poor internal management and misleading employees. On one side, WEEX presents itself as a platform with strong financial backing and regulatory credibility — an official partner of LaLiga, a 1,000 BTC protection fund, and multiple regulatory registrations, creating the image of a well-funded and legitimate exchange. On the other side, there are allegations including “funds deducted without notification,” “withdrawals only approved after deleting
