OKX review

OKX is the trader's alternative to Binance: comparable liquidity depth on majors, an arguably cleaner platform, and spot fees that start lower, 0.08% maker / 0.10% taker before any discounts. Monthly proof-of-reserves reports (among the most detailed in the industry, with full audit trails) have run since 2022 without a miss.

Its standout product is the OKX Web3 wallet, widely considered the best exchange-built self-custody wallet, bridging the exchange to DeFi, NFTs, and 100+ chains in one app. The dual setup means you can buy with fiat on the exchange and move to self-custody in two taps.

Regulated coverage has expanded fast: a MiCA license passporting across the EU, Dubai VARA, Singapore MPI, and a 2025 US launch under a compliance-first structure (alongside a settlement over historical US access). The UK operates under FCA promotion rules. Fiat rails span SEPA, bank transfers, cards, Apple/Google Pay, and a deep P2P market across emerging currencies.

Caveats: the platform's depth (futures, options, bots, copy trading) can overwhelm pure beginners despite a simple-buy mode; card on-ramp fees vary by provider and region (roughly 2-3.5%); and support is chat/ticket-based. For anyone past their first purchase who wants low fees plus real on-chain access, OKX is hard to beat.