By Akilorex Learn Community       Last updated: January 30, 2025     3 Min Read

OKX is a reputable and reliable cryptocurrency exchange. OKX supports payments and users from 189 different countries. It's a fantastic option for buying Bitcoin because of its wide assortment of cryptocurrencies. 

1.What is the History of OKX? 

Star Xu is the founder of OKX (formerly known as OKEx), a global cryptocurrency spot and derivatives exchange. He established OKX in 2017, and it has since become one of the largest crypto exchanges by trading volume, serving over 50 million people worldwide. 

2. What Are the Advantages of Using OKX?

• Low Fees

OKX offers super low trading fees. For spot trading, you pay only 0.1%, and for futures, it’s 0.02%-0.05%.

• Zero Price Slippage 

OKX’s robust matching engine processes 1.5 million orders per second, ensuring no delays or glitches during trading. 

• Secure API Connectivity

Pro and institutional traders benefit from excellent APIs, including REST, WebSocket, FIX, and CCXT integration. 

• Advanced Trading Features

Beyond being an exchange, OKX serves as a comprehensive crypto platform. You can explore spot, margin, futures, options, perpetual swaps, DeFi, lending, mining, and more. Plus, discover exciting crypto projects.

• Beginner-Friendly

OKX boasts a user-friendly interface and an easy-to-use app. You can start buying crypto with as little as $5, access advanced tools, learn through OKX Academy, and receive responsive support via chat or email.

• Support

OKX provides robust customer support options to assist users:

Help Center,Live Chat and Phone Support