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OKX

OKX

OKX is an Hong Kong-based company founded in 2017 by Star Xu.

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All edits by  Issa Benzo 

Edits on 20 Feb, 2022
Issa Benzo profile picture
Issa Benzo
edited on 20 Feb, 2022
Edits made to:
Infobox (+1/-1 properties)
Timeline (+4/-1 events) (+1349/-35 characters)
Article (+296/-112 characters)
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OKX

OKX is an Hong Kong-based company founded in 2017 by Star Xu.

Article

OKEX crypto exchange was founded in 2017. In January 2022, they rebranded as OKX to better match its ecosystem.

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.

Infobox
Number of Employees (ranges)
500 – 999
Number of Employees (ranges)
1,000 – 4,999
Timeline

January 18, 2022

OKEx crypto exchange has rebranded

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.

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