OKX Crypto Review

OKX has a ton going for it. Founded in 2017, OKX is one of the more prolific exchanges out there and ranks highly on various lists and review sites. The exchange has a mobile app and offers P2P trading on an extensive range of cryptocurrencies. It also features a DEX aggregator that searches through 70+ blockchains for the best price.

Besides the usual buy/sell functionality, OKX Crypto Review for more sophisticated trades including margin trading and futures (including perpetual swap contracts). Traders can further reduce fees by climbing up tier levels based on their account level and volume of OKB tokens.

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A good plus is that OKX doesn’t charge a monthly fee for trading accounts. Instead, the platform makes money via a percentage of every transaction on the exchange. For spot trades, the highest taker fee is 0.1% while high-volume traders and those with large amounts of OKB can reduce these fees to as low as 0.050%.

As a security measure, the exchange uses effective industry standards like cold storage and distributed server clusters for customer assets. Additionally, the platform claims to offer extra layers of protection for users with a dedicated withdrawal password and anti-phishing passcodes.

Buying crypto on OKX is fairly easy and convenient with most major payment methods supported, including credit/debit cards, iDEAL, AdvCash and Banxa for bank wires. Deposit and withdrawal limits can vary depending on the user’s fee tier. A big plus is that the platform allows for two-factor authentication (2FA) with SMS, email codes and authenticator apps like Google Authenticator.

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