# OKX

> Faster, better, stronger than your average crypto exchange

OKX is a global cryptocurrency exchange offering spot and derivatives trading. It also provides staking, a self-custody wallet, and Web3 tools for traders and developers.

OKX is a cryptocurrency exchange that provides spot and derivatives trading alongside a broader set of digital asset services. The platform serves both new and experienced traders, offering tools for buying, selling, and managing a range of supported cryptocurrencies through web and mobile applications.

The exchange combines centralized trading infrastructure with an expanding set of decentralized offerings, addressing demand for a single platform that covers both custodial trading and self-custody access. It publishes periodic reserve attestations to demonstrate asset backing, and operates under licenses in multiple jurisdictions where it does business. Account access requires identity verification, after which users can fund accounts and trade using various order types.

Beyond spot and derivatives markets, OKX offers staking and yield products, automated trading tools, copy trading, and a peer-to-peer trading option. It also supports a self-custody wallet compatible with multiple blockchains and connected NFT and decentralized application access. The platform is used by individual retail traders, active market participants seeking automated strategies, and users seeking exposure to decentralized finance and digital collectibles alongside centralized trading.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2017-01-01
- Profile: https://thegrid.id/profiles/OKX

## Products

- [OKX Exchange](https://thegrid.id/profiles/OKX): OKX Exchange is a centralized cryptocurrency exchange offering spot, futures, perpetual swaps, and options trading. Users deposit funds into exchange-controlled accounts and trade against a matched order book, supplemented by trading bots, block trading, and copy trading tools. The platform also offers savings and staking products that let holders earn yield on deposited assets without leaving the exchange account. (Centralised Exchange, Live, Main Product)
- [OKX Web3 Wallet](https://thegrid.id/profiles/OKX): OKX Web3 Wallet is a self-custodial wallet application enabling users to store private keys and manage digital assets across multiple blockchain networks. It provides browser extension, mobile, and web interfaces, with a decentralized application browser, hardware wallet integration, and NFT management. The wallet embeds a built-in swap router that aggregates liquidity across decentralized exchanges, letting users trade tokens directly from their wallet without leaving the app. (Wallet, Live)
- [OKX Institutional](https://thegrid.id/profiles/OKX): OKX Institutional is a suite of trading, custody, and risk management services for institutional cryptocurrency investors. It provides access to the exchange order book, one-click basis trading, request-for-quote over-the-counter liquidity for multi-leg strategies, and managed sub-account structures. The offering serves market makers, brokers, and other professional clients requiring dedicated account management and settlement infrastructure. (Custodian, Live)
- [X Layer](https://thegrid.id/profiles/OKX): X Layer is a zero-knowledge Layer 2 network that scales Ethereum by processing transactions off-chain and posting proofs back to Ethereum for settlement. It maintains compatibility with Ethereum tooling while offering lower transaction costs, and uses a native token to pay network gas fees. Developers deploy applications on the network to reach users seeking cheaper, faster transactions without leaving the Ethereum ecosystem. (L2, Live)
- [OKX DEX](https://thegrid.id/profiles/OKX): OKX DEX is a cross-chain decentralized exchange aggregator that routes trades across a wide range of decentralized exchanges on multiple blockchains. It compares available liquidity sources to find optimal pricing and executes token swaps directly from a user's connected wallet without custodial accounts. The service is accessible as its own web application, distinct from the OKX Web3 Wallet's embedded swap feature. (DEX Aggregator, Live)
- [OKX API](https://thegrid.id/profiles/OKX): OKX API is a developer platform providing REST and WebSocket endpoints for cryptocurrency trading and market data access. It supports order placement across spot, margin, and derivatives markets, account management, and streaming market data, alongside software development kits and documentation. Market makers, brokers, and application developers use it to integrate trading and data functionality into their own systems. (Developer Tooling, Live)
- [OKX Pay](https://thegrid.id/profiles/OKX): OKX Pay is a smart-account payment application built on a Layer 2 network that enables self-custodial stablecoin transfers without gas fees. Users split private key control between their device and OKX, using account abstraction and passkey or email-based recovery, and send stablecoins to recipients via phone numbers, email addresses, QR codes, or payment links. The platform also converts stablecoins to local currency at participating merchant point-of-sale terminals and applies deposits to low-risk onchain yield strategies, crediting rewards automatically. Users can bridge stablecoins in from several other blockchain networks to use within the app. (Peer to Peer & Remittance, Live)
- [OKX Onchain OS](https://thegrid.id/profiles/OKX): OKX Onchain OS is a developer platform providing an agentic wallet and a wallet API for building AI agents, trading bots, and Web3 applications. The agentic wallet generates and stores private keys within a trusted execution environment, screening transactions against risky addresses before signing, while supporting multiple sub-wallets per account across several blockchains. The wallet API exposes balance queries, transaction broadcasting, and transaction history so external applications can query and act on-chain through one interface. (Embedded Wallet, Live)

## Assets

- [OKB (OKB)](https://thegrid.id/profiles/OKX): OKB is the utility token of the OKX exchange and the native gas token of X Layer, OKX's Ethereum Layer 2 network. It is used to pay trading fees, access token sales, participate in governance, and earn staking rewards on the exchange, while also covering transaction costs on X Layer. Its use spans both a centralized trading platform and its associated on-chain network. (Utility)
- [xBTC (xBTC)](https://thegrid.id/profiles/OKX): xBTC is a wrapped Bitcoin token issued by OKX, backed one to one by BTC held in custody. It is used for lending, borrowing, and yield farming across DeFi ecosystems on multiple blockchains without requiring holders to sell their BTC. OKX publishes on-chain proof of reserves and had its xAsset smart contracts audited by CertiK, MoveBit, MixBytes, and Zellic, with audits completed May 19, 2025. (Wrapped Tokens)
- [xETH (xETH)](https://thegrid.id/profiles/OKX): xETH is a wrapped Ether token issued by OKX, backed one to one by ETH held in custody. It is used for lending, borrowing, and yield farming across DeFi ecosystems on multiple blockchains without requiring holders to sell their ETH. OKX publishes on-chain proof of reserves and had its xAsset smart contracts audited by CertiK, MoveBit, MixBytes, and Zellic, with audits completed May 19, 2025. (Wrapped Tokens)
- [xSOL (xSOL)](https://thegrid.id/profiles/OKX): xSOL is a wrapped Solana token issued by OKX, backed one to one by SOL held in custody. It is used for lending, borrowing, and yield farming across DeFi ecosystems on multiple blockchains without requiring holders to sell their SOL. OKX publishes on-chain proof of reserves and had its xAsset smart contracts audited by CertiK, MoveBit, MixBytes, and Zellic, with audits completed May 19, 2025. (Wrapped Tokens)
- [xBETH (xBETH)](https://thegrid.id/profiles/OKX): xBETH is a wrapped staked Ether token issued by OKX, representing ETH staked through OKX in a liquid, tradable form. It is used for lending, borrowing, and yield farming across DeFi ecosystems on multiple blockchains while still accruing staking rewards. OKX publishes on-chain proof of reserves and had its xAsset smart contracts audited by CertiK, MoveBit, MixBytes, and Zellic, with audits completed May 19, 2025. (Liquid Staking Tokens (LSTs))
- [xOKSOL (xOKSOL)](https://thegrid.id/profiles/OKX): xOKSOL is a wrapped staked Solana token issued by OKX, representing SOL staked through OKX in a liquid, tradable form. It is used for lending, borrowing, and yield farming across DeFi ecosystems on multiple blockchains while still accruing staking rewards. OKX publishes on-chain proof of reserves and had its xAsset smart contracts audited by CertiK, MoveBit, MixBytes, and Zellic, with audits completed May 19, 2025. (Liquid Staking Tokens (LSTs))

## Links

- [Main](https://www.okx.com)
- [Blog](https://www.okx.com/learn/category/blog)
- [Documentation](https://www.okx.com/docs-v5)
- [Terms of Service](https://www.okx.com/help/terms-of-service)
- [Privacy policy](https://www.okx.com/help/privacy-policy-statement)
- [Twitter / X](https://x.com/okx)
- [LinkedIn](https://www.linkedin.com/company/okxofficial)
- [Instagram](https://www.instagram.com/okx_official)
- [Telegram](https://t.me/OKXOfficial_English)
- [Facebook](https://www.facebook.com/okxofficial)

## Relationships

- [OKLink](https://thegrid.id/profiles/ok_link): Subsidiary

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