Three reasons why OKX is a top exchange

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Three reasons why OKX is a top exchange

By Hassan Maishera - min read

Low fees, a wide array of financial tools, and numerous trading pairs are among the features that make OKX a top cryptocurrency exchange.

OKX is an international cryptocurrency that has low fees. The cryptocurrency exchange is available in numerous countries and could be a good choice for users looking to buy, stake, and trade a wide range of cryptocurrencies. 

3 reasons why OKX is a top exchange

1. Low trading fees

OKX has low trading fees on its platform. The order maker fees on OKX are relatively low, even if you operate a VIP account where you transact above $5 million. For most users of the OKX exchange, this fee is 0.08%.

For spot trades, the most you will pay is 0.10%. Furthermore, similar to some other leading crypto exchanges, using the native OKB coin to pay for fees may qualify for discounts.

On the OKX platform, futures, swaps, and options trading have their own rate schedules with varying fees.

2. Financial tools

The OKX trading platform comes with a wide range of technical indicators, allowing expert traders to carry out technical analysis and trade on the exchange.

In addition to these technical indicators, OKX offers several other financial tools. The OKX Bridge allows users to transfer assets across multiple chains. The OKB token is the native token of the OKX exchange and can be used to pay for fees at a discount. 

The OKX Wallet is a secure wallet that allows users to manage trades, DeFi, and storage for more than 30 cryptocurrencies. With the OKX Wallet, you are in charge of your keys with a mnemonic phrase and security.

Other tools available on OKX include the OKX Cloud, OKX Chain, OKX Blockdream Ventures, OKX Decentralized Platform, and more. 

3. Over 600 trading pairs

The OKX cryptocurrency houses numerous trading pairs. According to the data obtained from Coinmarketcap, there are currently 627 trading pairs on the OKX cryptocurrency exchange. 

Some of the popular trading pairs on OKX include ETH/USDT, BTC/USDT, DOGE/USDT, XRP/USDT, ETH/DAI, and several others. These features and more make OKX one of the leading crypto exchanges in the world.