OKX

CEXHQ: SC (Seychelles) / regional hubs

Regulation Score 8.0 / 10Trust Index 8.8 · Offering Index 8.7

blocks US usersKYC requiredhigh leveragespotderivativesoptionsmarginfiat onrampdemo modestakingapiMiCA licensedPoR monthlypasskey

Regulation

VARA (AE) · other · active · tier2

MAS (SG) · other · active · tier1

MiCA CASP (Malta entity) (EU) · MiCA_CASP · active · tier1

Fees & products

Spot maker/taker: 0.08% / 0.1%
Crypto withdrawal (sample): BTC 0.00003, ETH 0.0009
Spot assets: ~350
Max leverage: 100x
Fiat onramp: bank_transfer, SEPA, card
KYC for trading: id

Geo-restrictions

Identity check: Your residence is what counts - documents and proof of address are verified at KYC. If you are not a resident of an accepted country, you cannot trade.

OKX US relaunched separately in 2025

Security & reserves

Proof of reserves: merkle_liabilities
No incidents on record.

Known downsides

2025 US plea revealed IP-ban gaps historically (VPN-circumventable) - now KYC-enforced (med)
Demo trading is well integrated, but product breadth can overwhelm beginners (low)

Sources & verification

OKX terms & fees (archived) (OFF) · accessed 2026-10-02 · source
VARA/MAS/MiCA registers (REG) · accessed 2026-10-02 · source
US DOJ - OKX guilty plea (2025) (INC) · accessed 2026-10-02 · source

Verified: 2026-10-02 · Next review: 2027-01-02 · Reviewer: editor