Crypto exchange OKX rating, benefits and registration

OKX_Logo.svg
Launch date: 2017
Commission (spot): 0,8-01%
Commission discounts: up to 100%
VIP programme: It consists of 5 regular tiers and 8 VIP tiers, depending on the volume of exchange trading over the past 30 days and the level of investment in the exchange token.
Registration bonuses: 25 USDT for a discount on trading commission in case of verification and account replenishment.

OKX: registration and verification (KYC)

  • Step 1: Go to the OKX website and click “Register”.
  • Step 2: Enter your email or phone number and create a password.
  • Step 3: confirm your registration using the code you received.
  • Step 4: Log in to your account and go to the Verification section.
  • Step 5: Fill in your personal data and upload the necessary documents to prove your identity.

Ratings and justifications

Overview of registration bonuses, referral programme

Starting bonuses after registration

After registration, the redistribution of starting bonuses takes place on 2 levels:

  1. As part of the special offer, the referrer and the referral share a 50USDT coupon equally after verification and the first deposit. This money can be used to pay off the exchange commission for trading.
  2. In addition, for each referred referral, you can receive 10 USDT to the specified cryptocurrency wallet. The promotion is not on a permanent basis, and the amount of the referral bonus may vary.
  3. After verification, new users can participate in the bonus campaign program (https://www.okx.com/ua/campaign-center), which involves completing simple tasks to receive rewards for small exchange activity on a particular coin. The details of bonuses and tasks depend on the country of registration and residence.

*Rewards may include cryptocurrency or discount cards and must be opened within 30 days of receipt.

Conclusion

The strongest point of the OKX cryptocurrency exchange, in the opinion of the editors, is the Campaign Center section. From time to time, simple tasks appear there, according to the terms of which you need to confirm participation, make a new deposit of 100 USDT and trade 200 USDT with the coin that sponsors the campaign. For such activity, the project distributes airdrops to a limited number of participants, the average size of which is in the range of 15-20 USDT. This, as well as periodic lunches, lead to the maximum valuation.

Analysis of the loyalty programme

Loyalty program

OKX offers a loyalty program that includes different levels of users (5 regular and 8 VIP), which are determined by trading volume and the amount of assets in the OKB exchange token. The levels provide various benefits, such as reduced trading fees, higher rewards, limits and activity for participating in the Launchpool program, and other privileges.

The score was reduced for difficult conditions for obtaining loyalty program levels. Only to reach the second level, you need to have a monthly trading turnover of 50,000,000 USDT.

Analysis of basic commissions: trading, deposit and withdrawal

OKX Crypto Exchange uses a tiered commission system for spot trading, which depends on the trading volume of the last 30 days and the amount of assets. Ordinary users are categorized by OKB assets, while VIP users are categorized by asset amount and trading volume. The higher level provides lower commission rates. The base rate of a maker is 0.8%, and that of a taker is 0.1%. At the 5th level, the commissions are leveled up to 0.060%. Under the VIP program, maker discounts can reach negative values (-0.005%).

Commissions are average, with the possibility of reducing them by using promotional codes for participation in promotions or general trading discounts.

Bonuses for registration

A

Loyalty program

В

The amount of commissions

А

Strengths

Weaknesses

Interesting numbers

*Calculation of savings
When staking 400 OKB for 10,000 USDT (the exchange rate of 1 OKB is approximately 50 USDT), the systemic discount on the maker's commission on the spot is reduced from 0.8% to 0.7% for the maker and from 0.1% to 0.08% for the taker. On average, this amounts to 12.5% for a maker. So, with a standard commission of 0.8%, the cost will be 80 USDT, and with the discount, it will be 70 USDT.

Popular airdrops

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