- Competitive trading fees
- Wide variety of coins
- Diverse services
- User-friendly interface
- High trading volume
- Support for multiple order types
- Regulatory issues
- Complex for beginners
- Limited fiat support
Introducing OKX exchange
OKX formerly OKEx, is the leading cryptocurrency exchange today, founded by Star Xu in 2017. In November 2023, OKX launched the Layer 2 X1 Network blockchain.
Initially operating in China, OKX has now expanded globally and is present in more than 100 countries, serving more than 50 million users.
OKX supports many flexible and convenient trading products for users, such as:
- Spot Trading: Buy and sell popular cryptocurrencies like BTC and ETH directly.
- Margin Trading: Allows borrowing additional funds to amplify potential profits.
- Futures Contracts: Predict future cryptocurrency prices and profit through contracts. Use leverage to increase potential returns.
Outstanding features of the OKX exchange
Here are some standout features of OKX:
- User-friendly interface: OKX offers an easy-to-use interface available on both desktop and mobile apps.
- Earning Program: Allows users to generate passive income through investing in savings and staking products.
- Derivatives Features: Offers futures trading, options and various trading bots with leverage up to 125x.
- Demo Account: Enables users to familiarize themselves with the platform without financial risk.
- Multi-language Support: Includes Vietnamese, making it easy for users to trade and use services.
- High Liquidity: Ensures liquidity for users with large daily trading volumes.
- Fiat and Margin Trading: Supports fiat transactions and margin trading with high leverage.
What is OKX token?
OKX Token (OKB) is the official cryptocurrency of the OKX exchange. Initially launched on Ethereum’s ERC-20 platform by the OK Blockchain Foundation on March 23, 2018, OKB will transition to OKX’s own blockchain platform called OKChain in the future.
The benefits of holding OKB include:
- Reduce trading fees based on the amount of OKB held and trading volume.
- Deposit into OKX Earn to earn interest.
- Participate in Jumpstart Token Sale: Stake OKB to purchase tokens when new projects are launched.
- Staking OKB in Jumpstart also yields OKT – the token of the OKX blockchain (OEC).
Transaction fees on OKX exchange
- Maker fee: 0.080%.
- Taker fee: 0.1%
- Withdrawal fee: Depending on each type of exchange coin, there will be different fees, for example: ETH is 0.01 ETH, USDT is 2 USDT, BTC is 0.0005 BTC,…
Instructions for registering a OKX account
To register an OKX account, you can follow these steps:
- Step 1: Visit the registration page at: https://www.okx.com/account/register
- Step 2: Enter your email address in the field provided and press “Send“.
- Step 3: Check your email inbox for the 6-digit verification code sent from OKX.
- Step 4: Enter the verification code on the registration page and click “Next“.
- Step 5: You will be redirected to the page to set up a password for your account. Enter the password according to the instructions and then click “Next” to continue.
How to deposit and withdraw money on OKX
To deposit and withdraw money on OKX, you can follow the following instructions:
Recharge
- Step 1: Open your OKX app and select Deposit from the home page or go to Assets and select Deposit.
- Step 2: Select the cryptocurrency you want to deposit, then select the deposit network in the network field.
- Step 3: You can select Copy to copy the deposit address to your withdrawal platform app or scan the QR code with the withdrawal platform app to make a deposit.
Withdraw money
- Step 1: Open the OKX application, access Assets and select Withdraw.
- Step 2: Select cryptocurrency to withdraw and the on-chain withdrawal method.
- Step 3: Fill in the address/domain you want to withdraw from and select the withdrawal network from the available options.
- Step 4: Fill in the amount you want to withdraw. Note that the withdrawal amount must be more than the minimum amount but must not exceed the limit according to your verification level.
- Step 5: Complete 2FA verification and select Confirm to submit your withdrawal.
Above is information about the OKX cryptocurrency exchange that AZcoin want to share with you. OKX is one of the best cryptocurrency exchanges in the world today. Register an account and start trading right away.