OKX Exchange Review
OKX is a top-five exchange on Coinmarketcap with competitive fees that start at 0.08% maker and 0.020% taker. This makes the platform a great choice for both beginner and advanced traders. Deposits and withdrawals are free for most cryptocurrencies, though users may need to pay fees for Apple or Google Pay transactions. On-chain transaction fees are also paid, but are generally lower than those charged by most other exchanges. Source https://www.theinvestorscentre.co.uk/reviews/okx-review/
Users can manage their account on both the web and mobile apps, with the mobile app offering a larger screen view. The app also allows users to connect third-party wallets, and switch between the exchange and decentralized wallets in a single click. OKX also offers a variety of trading tools and features like stop-loss orders and take-profit orders to mitigate risk and lock in gains.
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The platform is KYC-compliant and meets international regulatory standards, boosting user trust. However, this also means that there are some restrictions on where users can trade.
The buying/selling and asset management functionality is designed primarily for beginners, with the ability to swap currencies using simple forms and an easy-to-understand interface. Users can also convert crypto for free using the exchange’s conversion tool. The platform also offers a basic active trading interface, which is better suited for intermediate and expert traders. The platform supports margin and futures trading, as well as an extensive range of market orders and charts. OKX’s support is responsive and helpful, but can be a little slow to respond in some languages.