OKCoin has made a name for themselves in the US crypto scene. In this 2025 OKCoin review , we’ll explore everything this cryptocurrency exchange has to offer. You might be asking yourself, ‘Is OKCoin and OKX the same?’ – They are not!
OKCoin and OKX belong to the same parent company, but they are not the same. OKCoin is structured to target a US audience, but OKX operates differently. As of 2025, they are working to completely unite both companies under the same umbrella, but it is important to state that they are quite different.
At CryptoManiaks, we’ve thoroughly researched and tested OKCoin firsthand to save you time, so you can rely on our insights. This updated OKCoin review for 2025 extensively covers its pros and cons, platform features, deposit and withdrawal methods, user experience, security, fees, and customer service.
By the end of this review, you’ll have a clear understanding of whether OKCoin fits your crypto trading needs.
Let’s find out!
Key Takeaways
- Okcoin, founded in 2013, is an international exchange with offices worldwide
- Okcoin offers extremely competitive trading fees and exceptional liquidity
- User-friendly interface, convenient fiat currency deposits/withdrawals, and top-tier security measures.
- Sophisticated layout, diverse trading pairs, multiple order types, and user-friendly trading bots
- Okcoin is available in 189 countries, supports various deposit/withdrawal methods, and offers a mobile app
Pros and Cons of OkCoin
Before delivering deeper in this Okcoin review, it would be useful to know Okcoin pros and cons:
Pros Of OKCoin
- Very low trading fees
- Offers advanced trading services and features like futures and margin trading
- Very high liquidity
- Fiat currency deposits and withdrawals
- Top level security
Cons of OKCoin
- A lower number of cryptocurrencies on offer when compared to other big exchanges
- A lower number of crypto pairs on offer
- Requires level 2 verification before you can withdraw
- Comes only in the English language
- Fraudulent insurance claim
OKCoin Brief Overview
OKCoin is a cryptocurrency exchange that provides users with a platform to buy, sell, and trade digital assets .
It caters to both beginner and professional traders by providing a range of services , such as spot trading and staking options.
OKCoin has grown significantly in the crypto space and expanded its offerings to include more advanced trading tools, DeFi services, and NFTs.
The platform promotes financial inclusion through blockchain technology by simplifying cryptocurrency access.
OKCoin prioritizes low fees, high liquidity, and user-friendly features, which makes it a preferred choice for many crypto enthusiasts.
Who Founded OKCoin?
OKCoin was founded in 2013 by Star Xu in China to offer a more secure and reliable cryptocurrency trading platform.
Headquartered in San Francisco, United States, it quickly expanded and became one of the top exchanges by trading volume.
Compared to other crypto exchanges , OKCoin stands out for its low fees and extensive asset listings.
Many traders consider OKCoin legit and trustworthy due to its notable partnerships, decentralized exchange , and strong security measures.
As it grew, OKCoin rebranded to OKX to reflect its broader services beyond basic trading.
OKCoin – Features/Services
OKCoin offers a solid platform with a range of features and services designed to simplify the trading experience and help users manage their crypto assets effectively.
Let’s explore them below!
Layout and ease of use
OKCoin’s interface has a simple design, which provides users with easy access to essential trading features.
Upon registration in, the main dashboard showcases:
- Account balances
- Recent transactions
- Available trading pairs
- Quick access to deposits, withdrawals, and buy/sell functions
The platform’s layout is user-friendly, with primary functions clearly displayed and accessible from the top navigation bar.
Basic tasks such as buying, selling, or transferring assets are simple and require minimal effort.
Key sections include:
- Assets to manage your funds
- Markets to explore trading pairs
- Trade to place spot and margin trades
- Earn access to staking options
While beginners may find margin trading and advanced charting tools a bit overwhelming, OKCoin provides tutorials and support to guide users through these features.
Available Trading Pairs
OKCoin provides only four trading pairs as it focuses on high-liquidity options for reliable trading.
These include:
- BTC/USD (Bitcoin to US Dollar)
- ETH/USD (Ethereum to US Dollar)
- USDT/USD (Tether to US Dollar)
- USDC/USDT (USD Coin to Tether)
The platform’s focus on these major pairs makes it user-friendly and ideal for beginners.
However, advanced traders may find this limited selection restrictive, as it lacks emerging tokens and niche altcoins.
This reduces opportunities for those seeking a wider variety of trading options.
Order Types Available
OKCoin offers the following order types to suit different trading strategies:
- Market order – Executes immediately at the current market price.
- Limit order – Executes only when the market reaches a specified price.
- Stop order – Triggers a market order when a preset price is reached.
- Trigger order – Places market or limit order when the trigger price is hit.
- Trail order – Adjust the stop price as the market moves in your favor to secure profits.
- Iceberg order – Breaks large orders into smaller portions to minimize visibility and market impact.
- TWAP order – Time-weighted average price places smaller orders at regular intervals to achieve an average price over time.
These options offer flexibility for both conservative and aggressive trading approaches.
Lending/Borrowing Features
OKCoin offers lending and borrowing tools for users looking to earn passive income or borrow funds.
Through its staking and DeFi options, users can lend their crypto assets and earn interest.
The interest rates vary based on the asset but can go as high as 15%.
Staking periods depend on the specific cryptocurrency and may range from flexible to fixed terms.
There are some limitations, such as minimum deposit requirements and supported coins.
The exchange’s DeFi wallet allows users to manage their assets securely and access decentralized finance protocols directly.
It is fine to conclude that OKCoin provides useful tools for crypto lending and borrowing, but it’s important to check specific terms and conditions for each asset.
Supported Wallets
When it comes to storing cryptocurrencies, OKCoin offers a built-in custodial wallet solution.
However, users must understand its limitations and external storage options.
OKCoin’s integrated custodial wallet allows users to:
- Store multiple cryptocurrencies supported by the platform
- Easily transfer funds between a user’s wallet and trading account
- View balances and transaction history
However, the exchange does not provide a standalone, non-custodial wallet for external use.
The built-in wallet is primarily for facilitating trades rather than long-term storage, with OKCoin managing the private keys.
Although OKCoin doesn’t offer its external wallet, it supports transactions with a variety of third-party wallets.
These include:
- Software wallets – MetaMask, Trust Wallet, Exodus, Coinbase Wallet
- Hardware wallets – Ledger and Trezor
- Other wallets – MyEtherWallet, Electrum
Supported Coins
OKCoin only supports the following four cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- USD Coin (USDC)
- Tether (USDT)
While these are some of the most well-established and popular tokens, OKCoin’s limited selection may not meet the needs of users looking for a broader range of assets.
The platform does not support emerging or lesser-known digital currencies, which could be a drawback for those wanting more diverse trading options.
User Profiles
OKCoin does not provide users with access to or interaction with other user profiles.
Each profile is designed for private and secure use that focuses on individual trading and asset management.
The profiles are simple and cater to different types of users, including:
- Everyday traders – Can easily buy, sell, and track their cryptocurrency holdings in real-time.
- Businesses – Access tools for managing crypto transactions and corporate accounts.
- Institutional clients – Benefit from advanced services such as over-the-counter (OTC) trading, higher withdrawal limits, and professional account management.
These profiles are user-friendly, with a clean interface that allows for efficient tracking and management of assets.
In addition, each profile type is tailored to meet the specific needs of its users.
NFT Support
OKCoin provides an NFT marketplace to make trading and creating NFTs simple and accessible.
Key features include:
- Zero fees – Users can buy, sell, and mint NFTs without transaction fees.
- Uncapped royalties – Creators have unlimited earning potential from royalties.
- Wide NFT support — OKCoin includes popular collections like Bored Apes, World of Women, Boss Beauties, and Crypto Punks and supports NFTs from multiple chains such as Ethereum, Polygon, Binance, and OKC’s blockchain.
- External wallet integration – Users can connect wallets like MetaMask, view holdings, and trade NFTs directly.
By offering these features, OKCoin’s NFT marketplace provides an efficient and cost-effective platform for trading and creating NFTs.
Derivatives
OKCoin’s derivatives services are tailored for institutional investors.
The platform provides access to non-deliverable forwards (NDFs) and options trading on major cryptocurrencies such as Bitcoin, Ethereum, Solana, Polkadot, Cardano, and Avalanche.
These tools enable traders to manage risk and take advantage of price movements without owning the underlying assets.
With a focus on security and efficiency, OKCoin guarantees that trades are executed with minimal slippage.
This makes it a reliable choice for large-scale investors seeking advanced trading solutions.
Trading Bots
The platform offers a variety of trading bots designed to help users automate and optimize their trading strategies.
Here’s a quick overview of the trading bots available on OKCoin:
- Spot grid – A classic “buy low, sell high” strategy for upward-trending markets.
- Futures grid – Allows users to leverage futures, regardless of market direction.
- Futures DCA (Martingale) – Gradually increases position size in stages to exit at a higher price.
- Smart arbitrage – Provides one-click arbitrage for easy hedging.
- Spot DCA (Martingale) – Triggers based on market indicators to gradually hold crypto .
- Recurring buy – Helps spread investment by buying regularly to average out holding costs.
- Signal bot – Automatically trades using real-time market signals.
- Iceberg – Breaks large orders into smaller ones to minimize market impact .
- TWAP – Schedules trade over time to reduce slippage.
- Infinity grid – Cyclical arbitrage with a one-time investment.
- Smart portfolio – Rebalances a multi-crypto portfolio dynamically.
- Dip sniper – Automates buying at market dips without trading fees.
- Peak sniper – Automates selling at market peaks with no trading fees.
- Arbitrage – Profits from price differences using leverage.
These bots give traders the tools they need to easily navigate different market conditions and manage risk effectively.
OKCoin User Experience
When evaluating a crypto platform , understanding its user experience is important.
So, is OKCoin good when it comes to functionality, registration, and educational resources?
Let’s take a closer look at what you can expect.
Functionality
OKCoin operates smoothly and provides a reliable trading experience for its users.
The platform has an intuitive and responsive interface that lets users execute trades quickly with real-time updates.
Under normal trading conditions, users typically experience no significant lags or delays.
However, during periods of extreme market activity, some users have reported occasional slowdowns or brief issues accessing certain features.
These instances are relatively uncommon and usually resolved quickly by OKCoin’s support team.
Key points about OKCoin’s functionality include:
- Responsive interface – The platform responds quickly and efficiently during regular trading.
- Seamless mobile and web experience – Users can trade easily across both mobile and desktop devices.
- Stable API – Ideal for advanced traders using algorithmic strategies.
OKCoin exchange remains a dependent option despite minor slowdowns during market surges.
Registration Process
OKCoin’s registration process is simple and easy to follow.
The steps include:
- Signing up with an email and creating a password.
- Verifying the email address.
- Providing personal information such as full name, date of birth, and address.
As part of compliance, OKCoin requires users to pass Anti-Money Laundering (AML) procedures.
This involves submitting a government-issued ID and completing a Know Your Customer (KYC) verification.
The registration process is simple and usually takes only a few minutes, although identity verification might take longer depending on how quickly documents are reviewed.
For enhanced OKCoin safety , users are encouraged to set up two-factor authentication (2FA) during registration, which adds an extra layer of protection.
Generally, registration is easy and guarantees that the platform adheres to necessary legal and safety standards while providing a smooth experience for new users.
Educational Resources Available
OKCoin offers educational resources to help users understand cryptocurrency and the platform’s features.
These resources are easy to access and provide valuable information for both beginners and experienced traders.
- Blog : Its blog shares articles on product updates, market news, and helpful guides for navigating the platform.
- Videos : The exchange provides video tutorials on its YouTube channel, explaining various aspects of cryptocurrency trading and how to use the platform efficiently.
Although OKCoin doesn’t have a dedicated market insights section, the combination of blogs and videos provides users with a range of educational tools.
These resources guarantee that users of all experience levels can better understand the platform and the wider cryptocurrency ecosystem.
Is OKCoin Safe?
OKCoin is considered a secure exchange due to its implementation of strong security measures.
Key security features include:
- 2FA to enhance account security
- Cold storage to keep the majority of user funds offline and safe from hacks
- Encryption to safeguard sensitive user information
To secure both funds and personal data, OKCoin uses advanced encryption methods and stores assets in cold wallets.
The platform enforces strict KYC and AML procedures to comply with regulations and ensure user verification.
Although OKCoin has not faced any major security breaches, its response to potential risks has been proactive by continuously updating its security protocols.
In terms of regulation, the exchange is fully compliant with global financial regulations and holds licenses in various jurisdictions.
So, is OKCoin safe ?
With its strong security infrastructure, adherence to regulatory standards, and focus on protecting user assets, OKCoin provides a secure environment for trading cryptocurrencies.
OKCoin Transaction Fees and Interest Rates
It is true, that not all fees are the same, and interest rates differ too. This is entirely based on the cryptocurrency, network, and projects. This is an extensive breakdown of the transaction fees and interest rates .
Transaction fees
OKCoin offers a competitive maker-taker fee structure, with lower fees for makers and high-volume traders.
Transaction fees vary based on 30-day trading volume, and users can further reduce costs by using OKB, the platform’s native token.
Spot trading fees are relatively low, while derivatives may have different rates.
The exchange’s fee structure is transparent and aligned with industry standards. This makes it advantageous for high-volume traders.
However, smaller and more frequent trades may still incur noticeable costs.
User tier | 30-day Trading volume (USD) | Maker fee | Taker fee |
P0 | < 100,000 | 0.10% | 0.20% |
P1 | ≥ 100,000 | 0.09% | 0.18% |
P2 | ≥ 500,000 | 0.07% | 0.16% |
P3 | ≥ 1,000,000 | 0.04% | 0.14% |
P4 | ≥ 5,000,000 | 0.02% | 0.10% |
P5 | ≥ 10,000,000 | 0.00% | 0.08% |
P6 | ≥ 25,000,000 | 0.00% | 0.06% |
P7 | ≥ 50,000,000 | 0.00% | 0.05% |
P8 | ≥ 100,000,000 | 0.00% | 0.04% |
P9 | ≥ 250,000,000 | 0.00% | 0.03% |
P10 | ≥ 500,000,000 | 0.00% | 0.02% |
Interest rates
OKCoin provides an easy-to-use platform for earning interest in crypto through its DeFi-based products.
The interest rates are variable based on market conditions. For example, USD stablecoin holders can earn 2.73% APY, while Solana offers a higher yield of 5.21%.
However, OKCoin doesn’t offer compounding interest.
Available worldwide, the platform provides access to multiple assets for earning, although US users may face restrictions due to regulatory reasons.
Since rates and offerings can change, it’s essential for users to regularly check the platform and do their research before committing to any crypto interest program.
OKCoin Supported Countries
OKCoin is available in 191 countries and offers a platform for cryptocurrency trading and financial services.
Some supported countries include:
- United States
- Canada
- United Kingdom
- Australia
- Germany
However, there are regions where the exchange’s services are restricted due to local regulations.
Countries where OKCoin is not available are:
- North Korea
- Syria
- Cuba
- Iran
- Bangladesh
The platform enforces these restrictions to comply with international regulations and maintain a secure environment for all users.
It is important for users to verify whether OKCoin’s services are available in their region, as availability may vary based on local regulations.
OKCoin Deposit and Withdrawal Methods
Method | Currency | Deposit Fee | Withdrawal Fee | Minimum Deposit | Minimum Withdrawal | Daily Limit | Region |
Wire Transfer | USD | Free | $20 + intermediary bank fees | $50 | $70 | Up to $1,000,000 | US |
Debit/Credit Cards | USD | 2.49% | N/A | $10 | N/A | Up to $1,500 (crypto only) | US, International |
SEPA Transfer | EUR | Depends on intermediary | N/A | Varied | N/A | Varied | EU |
Etana Custody | Varied | Depends on region | Depends on region | Varied | Varied | Varied | Varied |
TED and Pix | BRL | Varied | Varied | Varied | Varied | Varied | Brazil |
Silvergate SEN | USD | Free | Varied | Varied | Varied | Varied | US |
PrimeX, Signet | USD | Free | Varied | Varied | Varied | Varied | US |
Crypto Withdrawals | Crypto | N/A | Varies by crypto | N/A | Varied | Up to $1,000,000 | Varied |
OKCoin offers various deposit and withdrawal methods depending on users’ region and preferred payment method.
For US users, wire transfers are free for deposits but have a $20 fee for withdrawals, with a minimum deposit of $50 and a $70 minimum withdrawal.
Debit and credit cards have a 2.49% deposit fee for USD and are only available for crypto purchases, with a daily limit of $1,500.
SEPA transfers are available in the EU, with fees depending on intermediary banks.
Other options include Etana Custody, TED, and Pix (for Brazil), and Silvergate SEN, PrimeX, and Signet for institutional users.
Limits vary based on the account type, verification level, and payment method used.
OKCoin Customer Support and Feedback
OKCoin offers customer support through various channels to assist users with their questions and issues.
The main methods of contact include:
- Email – Available 24/7 for any inquiries.
- Ticket form – Allows users to submit detailed requests and track their status.
- Phone support – For more direct communication with the support team.
- Help Center – A resource hub where users can find answers to common questions.
Each method aims to provide timely and helpful resolutions to user problems.
In OKCoin reviews , the exchange receives mixed feedback from users.
On the positive side, many appreciate the availability of multiple contact options and the responsiveness of the support team, especially via email and phone.
However, common complaints include:
- Slow response times through the ticket system.
- Limited availability of phone support during busy periods.
- Occasional difficulties with account verification and withdrawal requests.
OKCoin offers a range of support options, though user feedback highlights both strengths and areas needing improvement.
Okcoin Mobile App
The exchange’s mobile app provides users with a convenient way to manage their cryptocurrency portfolios on the go. It offers a range of features designed to enhance the trading experience.
Key features of the OKCoin mobile app include:
- Real-time price tracking for cryptocurrencies.
- Advanced charting tools for better market analysis.
- Basic version of the app for new users and an advanced version for experienced traders.
- Push notifications for price alerts and important updates.
- Strong OKCoin security measures, including 2FA and biometric login.
Many traders praise the app’s user-friendly interface and its smooth performance, even during high market activity.
However, some users report occasional bugs and delays in updates, which can affect trading in volatile markets .
The OKCoin mobile app provides useful tools and robust security measures that cater to both novice and advanced traders.
Is OKCoin Legit?
With its long-standing presence, secure infrastructure, and reliable user support, many traders consider OKCoin a trustworthy and reliable exchange. Yet, it may not be ideal for those seeking more diverse crypto offerings.
Ultimately, whether it suits your needs depends on your trading preferences and the range of assets you’re looking for.
Is OKCoin Worth It?
To wrap up, OKCoin stands out with its low trading fees, high liquidity, and advanced features. These features make it a strong option for both beginners and experienced traders.
However, there are notable OKCoin cons . This includes a limited selection of cryptocurrencies and trading pairs, as well as fraudulent insurance claims allegations, which may raise concerns for some users.
Despite these drawbacks, the platform offers a solid trading experience with strong security measures and compliance with global regulations.
Frequently Asked Questions
OKCoin charges a few types of fees, mainly for trading, deposits, and withdrawals. For trading, it uses a maker-taker fee structure, where makers pay lower fees than takers. Maker fees can range from 0% to 0.1%, while taker fees range from 0.02% to 0.2%, depending on your 30-day trading volume. Deposits are free for most methods, but withdrawal fees vary based on the cryptocurrency or fiat method used. Be sure to check OKCoin’s website for the most accurate and up-to-date details on transaction fees. OKCoin stands out among crypto exchanges for its low fees and simple interface. Unlike some competitors, the platform offers fewer cryptocurrencies, but it provides access to popular coins like Bitcoin and Ethereum. OKCoin focuses on security with features like two-factor authentication and cold storage for funds. However, it lacks some of the advanced trading tools that more experienced traders might need. Compared to bigger exchanges like Binance or Coinbase, OKCoin’s strengths lie in its ease of use and affordability. This makes it a great choice for newcomers but not as feature-rich for advanced traders. On OKCoin, you can buy a wide range of cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also offers access to newer digital assets such as Solana (SOL), Polkadot (DOT), and Avalanche (AVAX). Additionally, OKCoin supports stablecoins like USD Coin (USDC) and Tether (USDT) for users seeking less volatile options. You can check OKCoin’s website for the most up-to-date list of available cryptocurrencies, as they frequently expand their offerings to match market demand. The OKCoin platform is designed to be user-friendly to make it accessible for both beginners and experienced traders. Its clean layout allows users to navigate easily between different sections, such as buying, selling, or tracking cryptocurrencies. The platform provides clear instructions, and transactions are simple to execute. Additionally, OKCoin offers educational resources and responsive customer support to help new users understand the basics of trading. Furthermore, its mobile app is equally intuitive to let users trade on the go. Yes, OKCoin offers several customer support options to help users with their concerns. Customers can access support through the OKCoin website by submitting a support ticket for issues or questions. The platform also has a Help Center with articles and FAQs covering topics like account management, trading, and security. Additionally, OKCoin provides email support for more complex inquiries. Users can also interact with OKCoin on social media for general questions. Moreover, OKCoin offers phone support to let users speak directly with a representative for quicker assistance when needed. Creating an account on OKCoin is simple. First, visit the OKCoin website or download the app. Click on “Sign Up” and provide your email address or phone number. You’ll need to create a strong password. After that, OKCoin will send a verification code to your email or phone. Enter the code to confirm your registration. Next, you’ll be asked to complete identity verification by uploading a valid ID. Once verified, you can fund your account and start trading. The whole process is user-friendly and usually takes just a few minutes to complete.
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