OKX
Based in: Seychelles
Founded: 2017
URL: https://www.okx.com
Rating: 9/10
OKX is generally considered trustworthy.
Key Facts
OKX is a leading global cryptocurrency exchange and trading platform that provides a wide range of services for both retail and institutional traders. Founded in 2017, OKX has grown to become one of the largest and most popular exchanges in the cryptocurrency market. The platform offers a variety of trading products, including spot trading, futures, perpetual swaps, options, and margin trading, as well as staking and decentralized finance (DeFi) services. OKX is known for its comprehensive suite of tools that cater to traders with different levels of experience, from beginners to professionals.
One of OKX's most notable features is its advanced trading capabilities. The platform offers a wide selection of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), and various altcoins, along with a range of trading pairs against both fiat and cryptocurrencies. OKX provides powerful trading tools such as spot trading with real-time market data, futures trading for both Bitcoin and altcoins, perpetual swaps, and options contracts. For more experienced traders, OKX offers margin trading with leverage up to 10x on certain assets, as well as advanced charting and technical analysis tools to assist in making informed decisions.
In addition to its centralized exchange, OKX is also heavily involved in the decentralized finance (DeFi) space. It has launched its own blockchain, OKC (OKX Chain), which is designed to provide decentralized applications (dApps) and support smart contracts. The exchange offers various DeFi services, such as liquidity mining, staking, and yield farming, giving users opportunities to earn passive income by participating in the decentralized finance ecosystem. OKX also supports DeFi trading pairs and provides users with access to decentralized exchanges (DEXs) through its platform.