OKX exchange- A suite of basic and professional crypto trading opportunities
Founded in the year 2017, OKX is a cryptocurrency exchange that is based in Seychelles but it comes with certain limitations i.e. it is not available for use in the United States and proves to be a good choice for those who wish to invest in crypto. Along with the basic trading options, you can also find crypto staking options and a good collection of cryptos to invest in. The OKX exchange comes in the category of the top 20 crypto exchanges that are available worldwide and comes with high-yield staking opportunities.
The exchange also has its native token which is known as the OKB token which comes with its own benefits. Well, the exchange is supposed to be a good choice for users who want to trade without having to pay a huge exchange fee.
Along with that, they also provide users the option to buy cryptocurrencies using different payment options including a card, bank account as well as a supported crypto wallet. Now, coming to the advantages and disadvantages it brings along, let us have a sneak peek into the advantages and disadvantages of using this crypto exchange.
OKX exchange- Advantages and disadvantages
- When compared to other exchanges, it charges you a very low trading fee which is as low as 0.10%
- When you stake crypto assets through this exchange, you will get high interest on staking
- In case you are looking for seamless payment options, you can always use your card, bank account, etc. to pay for your transactions
- Well, it does not work in the United States which means US residents may not be able to use it
- Provides comparatively low liquidity for some currencies
- The users who have used it had come across technical glitches while using the same
Opening an account on the OKX exchange
In order to open an account on the OKX exchange, you can follow the steps given below, and then your account would be ready to use:
- Open the website using the URL https://www.okx.com/
- On the taskbar at the top of the page, click on the "Sign Up" option next to the "Log In" button
- Choose how you wish to create an account- with the Email address or phone number
- You can also enter the referral code or sign up with a Google account as well
- Your account will be ready to use within minutes
How to access an OKX exchange account?
In case you are trying to log in to an OKX account, then you can follow the steps given below:
- Open the login page through the URL- https://www.okx.com/account/login
- Now, you can enter your email and password and click "Log In"
- Else, use the OKX app to scan the QR code and sign in to your account
All those crypto traders who are researching the platform that could prove to be of great help for crypto trading should definitely go ahead with using the OKX exchange. This is because it helps all the users in buying and selling crypto assets at a comparatively lower fee. Also, the user-friendly interface is something that makes this exchange worth your efforts, skills, and knowledge.