OKX is a global cryptocurrency exchange that provides a wide range of digital asset trading services. The platform's main business includes providing users with trading services for a variety of crypto assets, and its business scope covers more than 100 countries. OKX not only supports the purchase of cryptocurrencies using legal currency, but also allows users to trade through P2P networks or transfer from external wallets.

What currencies does OKX support?

OKX supports a variety of cryptocurrency transactions, including mainstream cryptocurrencies such as Bitcoin and Ethereum and some emerging digital assets.

In addition, the platform regularly launches new currencies to provide users with more investment options.

OKX not only supports mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), but also covers many other types of tokens and tokenized assets.

These diverse currencies meet the investment needs of different users, from long-term investors to short-term traders can find suitable investment targets on the platform.

At the same time, OKX constantly updates its trading platform and adds new currencies to ensure that users can access the latest cryptocurrency projects on the market.

By paying attention to OKX's official announcements, users can keep abreast of newly launched currencies and related activities and seize more investment opportunities.

Demo account:

OKX offers new traders a way to develop their trading skills through copy trading or a fully funded demo account. This demo account function allows beginners to practice trading without taking actual risks and become familiar with market fluctuations and the operation of the trading platform.

Mnemonic wallet:

OKX Wallet uses a set of mnemonic words to generate a multi-chain wallet, which can manage the assets of more than 80 mainstream networks such as Ethereum, OKTC, BSC, and Polygon. This multi-chain support allows users to easily manage and transfer assets on different blockchains while improving security and convenience.

Low-fee trading: OKX’s trading fees are among the lowest in the industry. Low transaction fees are particularly important for users who frequently trade, as they can significantly reduce transaction costs and increase profits.

Diversified currencies:

OKX offers over 320 tradable cryptocurrencies. These currencies include mainstream digital currencies such as Bitcoin, Ethereum, and Litecoin, as well as many emerging digital assets. The diverse currencies meet the investment needs of different users. From long-term investors to short-term traders, everyone can find suitable investment targets on the platform.

User Review

OKX provides users with a comprehensive and powerful cryptocurrency trading environment through its demo account, multi-chain wallet, low-fee transactions, diversified currencies, support for futures contracts and leveraged transactions.

OKX FAQ

Withdrawal Operation

Withdrawal Steps: Users need to log in to their OKX account and go to the "Assets-Withdrawal" page.

Withdrawal Time: Generally, withdrawals can be completed within a few minutes. If the network is congested, it may take longer.

Security Settings

Two-factor authentication: To improve the security of your account, it is recommended to enable two-factor authentication (2FA). This can effectively prevent unauthorized access and transactions.

Mnemonic backup: Use mnemonics to back up your wallet to ensure that digital assets can be restored when the device is lost or damaged.

Transaction Fees

Fee Standard: OKX's transaction fees are the lowest in the industry. The specific fees depend on the transaction type (such as market order, limit order) and the user's VIP level.

Fee Reduction: Users can enjoy transaction fee reductions by holding platform coins or participating in specific activities.

Currency Updates

New Coins Launched: OKX regularly launches new currencies to provide users with more investment options. Users can follow official announcements to keep abreast of newly launched currencies and related activities.

Delisting: If a token does not meet the listing standards of the platform or has significant risks, it may be delisted. Users need to pay attention to relevant notifications and handle related assets in a timely manner.

New content

Announcement on the security upgrade of the network 3 wallet password

Dear Weiyi users,

The Weiyi wallet plug-in recently launched further security enhancement, which can effectively prevent local encrypted information from being stolen and cracked. The security level is further improved.

Under the current higher protection level, if you are a user of fingerprint browser, cloud host or upgraded hardware, you will encounter a password error when opening the wallet. You can follow the steps below to solve this problem:

Step 1: Re-enter the wallet and set the password

Step 2: Enter the settings page-Advanced settings, turn on cross-device synchronization

Aux will support the main network upgrade of the alliance

We are excited to announce that we will support the main network upgrade of the alliance alliance network.

The network upgrade will be carried out at approximately 2:00 am on March 4, 2024, UTC.

Deposits and withdrawals of ACE tokens and tokens belonging to its network will be suspended at 1:00 am on March 4, UTC.

Once the upgraded ACE network is stable, we will resume deposits and withdrawals of affected tokens on the ACE network. We will not announce it separately once this is completed.

For the safety of your funds, do not make further withdrawals or deposits of ACE tokens and tokens belonging to its network during the upgrade.

Please note:

Trading of ACE tokens and tokens belonging to the ACE network will not be affected during this network upgrade process. Please be aware of the risks associated with spot, margin and derivatives trading, and consider increasing margin to reduce position risk.

If you hold any ACE tokens and tokens belonging to the ACE network in your account, you do not need to do anything. We will handle all related technical requirements.

KSM Launch on On-Chain Income

OKX will offer on-chain income in KSM starting at 11:00 am UTC on April 3, 2024. This will allow users to experience on-chain rewards without any hassles.

QQ Income Highlights:

No subscription limit

Simplified operation steps to make the user experience smoother

Actual income calculated on an annual basis

To make ZIL earn money on the chain, please follow the instructions below:

Browse: Navigation bar & t; Growth & g; Earn & t; On-chain income, search for KSM, select Subscribe

On the OKX app: "Growth & Earn", "Search KSM" and "Subscribe"

Disclaimer

Regarding chain products, the proof of stake mechanism of different projects may be different. Before subscribing, it is very important to carefully read and understand the mechanism rules of each project. These rules include, but are not limited to, the minimum redemption amount, the start time of interest accrual, the time of reward distribution, the principal redemption period, and the expected annual income.

OKX will extract a certain percentage of fees from users. For details on fees, please refer to the product introduction page.

Except for project launch and reward distribution, OKX is not responsible for any disputes over agreements, hacking incidents, project fraud and other risks that may lead to the loss of subscribers' assets.

Thank you for your continued support. We will launch more chain products in the coming weeks. Stay tuned for more information.