OKX is one of the largest global exchanges, notable for blending CeFi and DeFi: the core platform (spot, futures, P2P) coexists with a Web3 wallet and a DEX aggregator inside the same app.
What it does
- Buy crypto via P2P (100+ methods, zero fees on basic conversion) or card
- Trade spot and perpetual futures with deep liquidity
- Explore Web3: its own wallet, aggregated DEX and NFTs
- Follow proof of reserves published monthly
Products
The exchange has spot (buy/sell/convert), futures and options, trading bots, copy trading and a strong P2P market in emerging economies. The Web3 layer includes a non-custodial wallet, aggregated on-chain swaps and an NFT marketplace — all embedded in the main app.
Public pricing
- Spot maker/taker fees from 0.08%/0.10% at the base tier
- Zero P2P fee for ad makers and zero-fee crypto conversion promotions
- Volume and token discounts — official table published
Strengths
- A practical bridge between centralized and on-chain in one app
- Robust P2P with many local payment methods
- Proof of reserves published regularly
Points of attention
- Service restrictions in some key markets (e.g., US)
- Two layers (custodial and non-custodial) confuse beginners
- Web3 product language requires prior study