OKX Review – Is OKEx secure? 2022

What is OKX?

Unfortunately, OKX is not active in United States of America
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OKX was founded back in 2017 and currently boasts over 20 million users. OKX offers trading pairs, the chance to invest in over 400 cryptocurrencies and a trading bot that could do most of the hard work for you. By the end of our latest mini-review, you’ll be able to decide whether OKX can be considered the best crypto exchange today.

OKX: Pros & Cons
OKX: Pros & Cons
  • Streamlined registration process
  • Over 400 cryptocurrencies
  • Ongoing bonuses and promotions
  • Max leverage of 20x

OKX users can trade fiat to crypto and crypto to crypto pairings, plus invest in over 400 cryptocurrencies including Bitcoin, Litecoin, Ethereum, Litecoin, Cardano and Dogecoin.

OKX makes use of a black, white and blue colour scheme throughout and provides plenty of relevant information to users on the scrollable homepage. Traders can access all key areas of the site across the top of the screen and further links, including about, legal and security, service and support, can be found at the bottom. All areas of the site load promptly and registration was a painless experience.

OKX account types

Funding accountThe main account type at OKX allows you to deposit, withdraw and transfer.
Spot accountFunds sent to this account can be used for spot trading across all pairs
Margin accountAny funds in this account can be used for margin trading. Each trading pair is linked to its own account.
Futures accountUsed for any futures markets. Each futures contract is linked to an individual account.
Perpetual swap accountFor perpetual swap trading only. Each contract will have a separate account.
Options accountUsed solely for options trading, including Bitcoin.
Fiat accountAn ideal account for trading fiat for crypto.
Savings accountAny “spare” coins can build interest in the OKX savings account
Mining accountFor storing funds obtained from the OKX pool.

OKX trading tools

Advanced Charting toolsOKX users can level up their trading strategies and experience with the use of MACDs, RSIs, Bollingers and more.
OKX TradingBotThe TradingBot offers up seven modes that will offer traders the chance to set triggers to enter and exit the market automatically.
Learn with OKXFind tutorials for beginners, trading ideas, strategies and industry analysis at OKX

OKX review of payments

Purchases of crypto can be made through third-party providers using Visa, Mastercard, Bank Transfer and Apple Pay. Most users will opt to transfer cryptocurrencies from personal external wallets.

OKX review of fees

Minimum deposit£10
Deposit feeFree
Inactivity feeN/A
Account feeN/A
Maximum leverage1:20
Overnight feeN/A
Minimum withdrawalVaried based on token/asset

OKX customer service

There are various ways OKX traders can get in contact with the support agents, including online chat, social media and email. FAQs can also be found in the Support Centre. 

Is OKX safe and regulated?

The parent company of OKX is registered in Seychelles. The OKX site itself makes use of the latest encryption technology and credible payment methods, allows users to set 2FA on their accounts, and stores all client funds in cold storage (offline).

Does OKX have an app?

Yes, all traders can obtain full access to their accounts and portfolios through a dedicated mobile app. OKX Android and iOS apps are available at respective stores.

OKX Crypto Exchange

OKX review FAQ

How many traders use OKX?

Currently, OKX has over 20 million registered users

Does OKX offer a joining bonus?

Yes,  once a deposit of £50 has been made, traders can unlock a mystery box

Is OKX just a crypto exchange?

No, you can learn, loan, build and develop with OKX, too.

OKX review - conclusion

OKX users can look to trade and invest in over 400 cryptocurrencies online or via a dedicated mobile app. When you consider that OKX traders can also make use of various bonuses, charting tools, low fees and free strategies, you could argue that they are in the running to be crowned the best crypto exchange 2022.

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