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OKX

OKX

OKX, previously known as OKEX is a Blockchain company founded in 2017.

OKX, formerly known as OKEx, is a Seychelles-based cryptocurrency exchange that provides a platform for trading various cryptocurrencies. Some of exchange's core features include spot and derivative trading. It was founded in 2017. OKX is owned by Ok Group which also owns crypto exchange Okcoin.

Buy cryptocurrencies like Bitcoin, Ether and Litecoin quickly and securely. On OKX, you can buy cryptocurrency with a credit card or other payment method, or trade between various cryptocurrencies across markets, include spot and derivatives like futures, perpetual swaps and options.

OKX is an innovative cryptocurrency exchange with advanced financial services. We rely on blockchain technology to provide everything you need for wise trading and investment.

Enjoy hundreds of tokens and trading pairs. With OKX, you can join one of the leading crypto exchanges by trading volume. We’re serving millions of users in over 100 countries. We’re providing spot, margin, futures, options, perpetual swaps trading, DeFi, lending, and mining services.

OKX offers services suitable for both beginners and advanced users looking to buy cryptocurrency, or to trade it. You can start with our intuitive Buy/Sell page or head over to our Trade section for basic and more advanced dashboards with a host of useful trading tools.

OKX adopts blockchain to build the next-gen financial ecosystem. We strive to eliminate financial barriers, evolve the global economy, and change the world for better. We never stop to innovate and improve our user experience to make cryptocurrency trading and investing available for everyone.

Security is our top priority. OKX provides a safe, reliable, and stable environment for crypto trading via web and mobile apps. We adopt global server load balancing, distributed clusters, other technologies for your protection. Our products and services are always tailored to your needs and suggestions.

Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.

Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.

Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.

Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.

Timeline

2022
In January 2022, OKEx rebranded to OKX.
2021
According to Reuters, in February 2021 OKX saw their biggest trading volume in history, up 26% from the previous month to $188 billion. Typically after a new cryptocurrency coin listing on OKX, the new coin has showed a positive price jump five days later.
2019

In November 2019, new digital asset exchange rules were announced by the Hong Kong Securities & Futures Commission (SFC). According to Reuters, OKX said that they don't expect to see a large number of exchanges opting into the new regulations but said the new rules are positive for the industry.

On November 19, 2019 the cryptocurrency exchange said that they previously opened their Indian Telegram group a year prior to opening their Indian operations.

On November 25, 2019, the company announced four major partners for its global utility token "OKB".

2018
On April 11, 2018 the company announced its expansion to Malta, given the country's efforts to provide a sound regulatory framework for blockchain businesses and digital asset exchanges.

In May 2018, the exchange became the world's largest cryptocurrency exchange by reported turnover.

In June 2018, the platform became one of the largest exchanges to launch and offer a cryptocurrency exchange white label service where applicants must have solid industry experience and $2.5 million in their accounts.

Patents

Further Resources

Title
Author
Link
Type
Date

Interview with Jay Hao - Founder of OKEx

Web

Interview With Jay Hao, CEO, OKEx | Bitcoinist.com

Web

September 17, 2020

News

Title
Author
Date
Publisher
Description
Omar Faridi
August 21, 2021
Crowdfund Insider
Digital asset exchange OKEx introduces $10M Metaverse program, engageing workshops to be offered to participants.
Omar Faridi
July 30, 2021
Crowdfund Insider
Digital asset firm OKEx has revealed that OKExChain has hit over $1B in Total Value Locked or TVL in past 24 hours
Omar Faridi
June 28, 2021
Crowdfund Insider
Digital asset exchange OKEx announces that OKExChain is now available to blockchain devs for building dApps.
OKEx
June 22, 2021
www.prnewswire.com:443
/PRNewswire/ -- OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, is pleased to announce the listing today of BZZ, the utility...
Omar Faridi
June 11, 2021
Crowdfund Insider
Digital asset exchange OKEx has completed its integration of Polygon, an Ethereum (ETH) scaling solution for building dApps.
SHOW MORE

References

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