Introduction to OKX Exchange
OKX, formerly known as OKEx, is a leading global cryptocurrency exchange established in January 2014 and headquartered in Malta. As of March 2022, OKX ranked as the 2nd-largest crypto exchange by 24-hour trading volume ($26.76 billion), supporting 335 cryptocurrencies and 683 trading pairs. The platform offers diverse trading options, including:
- Spot trading
- Futures trading
- OTC trading
- Options trading
Key Features of OKX
1. Comprehensive Trading Services
OKX provides a full suite of digital asset services, enabling users to trade major cryptocurrencies like:
- Bitcoin (BTC)
- Ethereum (ETH)
- USDT
- Shiba Inu (SHIB)
2. Innovative Ecosystem
The exchange has developed:
- Unified trading accounts for streamlined asset management
- MetaX multi-chain non-custodial wallet
- OKX NFT Marketplace
- OEC (OKX's proprietary public blockchain)
👉 Explore OKX's trading platform
3. Security and Liquidity
With over 20 million users worldwide, OKX is renowned for:
- Deep liquidity pools
- Advanced contract systems
- Zero-fee trading promotions
What Is the Chinese Name for OKX Exchange?
OKX's official Chinese name is 欧易交易所 (Ōu Yì Jiāo Yì Suǒ). The rebranding from "OKEx" to "OKX" in January 2022 reflected its evolution beyond a traditional exchange into a comprehensive crypto ecosystem.
Why Did OKX Remove the "E"?
CEO Jay Hao explained:
"We removed the 'E' (for 'exchange') because we're more than just a trading platform—just as crypto assets are more than speculative instruments."
This shift aligns with OKX's vision to become crypto's foundational infrastructure, supporting:
- DeFi protocols
- NFT markets
- Web3 applications
Future Development Roadmap
OKX plans to:
- Launch next-generation crypto products
- Expand utility of OKB token (platform's native currency)
- Enhance ecosystem interoperability
FAQ Section
Q1: Is OKX safe to use?
A: Yes, OKX employs institutional-grade security measures including cold storage and multi-signature wallets.
Q2: What countries does OKX support?
A: OKX serves users globally (excluding restricted jurisdictions) with multilingual interfaces.
Q3: Does OKX charge deposit fees?
A: Crypto deposits are free; withdrawal fees vary by asset.
Q4: How does OKX compare to Binance?
A: While both are top-tier exchanges, OKX offers unique derivatives products and better NFT integration.