OKX Exchange Review: Fees, Sign-Up Bonus, and License

OKX has been operating since 2017; CoinGecko registers it in Seychelles. It lists 303 coins on 1,210 pairs and trades roughly $2.2B a day (CoinGecko, 4 November 2026). It is a centralized platform where OKX itself holds deposits, and in Europe it works through OKX Europe Limited under a MiCA license from Malta.

OKX’s entry-tier spot fees are 0.08% for makers and 0.10% for takers. Next to the other exchanges in this ranking, a 0.10% taker fee is in line with most of the group. eTop last verified the rates on 31 October 2026.

On perpetual USDT futures, OKX charges makers 0.02% and takers 0.05% at the base tier (VIP 0), as of 31 October 2026. By taker fee that is tied for the 2nd lowest of 10. Funding rates are charged separately, and leverage can magnify losses beyond the margin.

OKX’s lowest USDT withdrawal fee is about $0.000007 on Plasma (checked 10 October 2026); the fourth-cheapest of the ten exchanges here. Fees for other assets differ.

OKX has the maximum CoinGecko Trust Score (10/10) and a MiCA license in Malta. On the technical side, the website earns an A+ on SSL Labs (2 November 2026) with a clean Google Safe Browsing check (4 November 2026). eTop found no hack of OKX’s own wallets.

Yes. OKX Europe Limited is on ESMA’s MiCA register, authorized by Malta’s MFSA with notification on 27 January 2025. Its permissions include operating a trading platform alongside custody, fiat and crypto exchange, order execution and transmission, placing, portfolio management and transfers (checked 1 November 2026).

OKX verification checks a document and your face. It accepts passports, national ID cards, driver’s licenses, residence permits, and other government IDs; the exact list for your country shows on the verification page. You must be at least 18, use your own valid document, and complete the facial check yourself. Most checks finish quickly; some need extra review. Source: official OKX support article, updated 28 August 2026.

The closest equivalent is block trading. A request for quote goes to market makers, and the trade is executed off the order book. The minimum size is US$1,000 or equivalent. Availability depends on the client and region. As of 2 November 2026, per the OKX help article.

Yes. OKX Demo Trading lets you try spot, margin, futures, and options trading with virtual assets. Open it from Trade → Demo Trading on the web platform, or through the User Center. To reset your virtual balance, close all positions and open orders, then choose Reset under Assets. Source: official OKX support article, updated 4 September 2026.

Yes. OKX’s sign-up page offers new users rewards for completing tasks, up to 5,000 USDT: $10 for a $100 deposit plus $500 trading volume, $20 for $15K volume, $30 for $50K, $100 for $500K, $450 for $5M, $3,000 for $50M and $5,000 for $100M (checked 16 October 2026). The promotion changes, so check the current terms on OKX’s page before you sign up.

Yes. OKX has a P2P market, and the payment methods you see depend on the currency you choose. eTop checked the pages on 21 September 2026.

OKX’s European entity, OKX Europe Limited, is based in Malta. In the United States the company launched a separate OKX US offering in April 2025.