OKX

Key Features

Trading Platform: OKX provides multiple trading options:

• Spot trading with over 350 cryptocurrencies
• Derivatives trading including futures, perpetual swaps, and options
• Margin trading with up to 10x leverage
• Advanced features like trading bots and block trading

Web3 Services: OKX has expanded beyond traditional exchange services:

• OKX Wallet: A multi-chain wallet supporting over 30 networks
• Decentralized exchange (DEX) aggregator
• NFT marketplace
• Access to numerous decentralized applications (DApps)
• Native Blockchain: OKX has developed its own blockchain called X Layer, along with a native token OKB.

Global Presence and Regulatory Considerations

• Offices in Hong Kong, Singapore, UAE, Silicon Valley, and the Bahamas
• Exchange services offered through Seychelles and Bahamas-registered entities
• Web3 services available in the US, but exchange services are not offered to US residents 1

Trading Volume and Asset Support

• Over 350 cryptocurrencies listed (The platform lists major tokens including BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, and DOT.)
• More than 500 trading pairs available
• Daily spot trading volume of approximately $1.4 billion

Fees and Trading

OKX uses a tiered fee structure based on trading volume and OKB holdings:

• Starting fees of 0.10% for regular users
• Reduced fees for higher trading volumes and OKB holdings

Additional Services

• OKX Earn: Offers various yield-generating options including savings, staking, and DeFi
• Crypto loans
• Jumpstart: OKX's token launchpad platform

Despite its comprehensive offerings, OKX faces regulatory challenges in certain jurisdictions, particularly the United States where it cannot offer exchange services. However, its focus on Web3 services and global expansion has positioned OKX as a significant player in the evolving cryptocurrency and blockchain ecosystem.