OKX review
Malta, MiCA — and the broadest toolkit
The story
OKX started in 2017 (as OKEx, founded by Star Xu) and climbed to the global top in trading volume. Since January 2025 it has served the entire EEA from Malta under MiCA. OKX stands out with the lowest fees among our partners, monthly zk-STARK Proof of Reserves and a huge product range: spot, futures, options, Web3 wallet, copy trading and X Drops.
What they stand for
- Spot 0.20%/0.35%; with X-Perps 0.08%/0.10%
- Spot and futures, Lite and Pro mode
- MiCA via MFSA (Malta)
Products & services
Security & trust
- zk-STARK Proof of Reserves (monthly)
- Cold storage
- Insurance fund
- MiCA — MFSA (Malta)
Where it falls short
- The range is enormous and the interface shows it: futures, options and margin sit as prominently as a plain buy.
- The centre of gravity is leveraged products — spot buying works fine, but the platform is not built around it.
Up to €400 in rewards, rising with your trading volume
Ongoing offer — no fixed end date.
Next to two alternatives
Same category, different trade-offs. We don't choose for you — we put them side by side.
| Regulation | OKXThis page |  Kraken Pro |  Bybit |
|---|---|---|---|
| Regulation | MiCA — MFSA (Malta) | MiCA — Central Bank of Ireland | MiCA — FMA (Austria, 2025) |
| What you get | Up to €400 in rewards, rising with your trading volume | 10% of your trading fees back | 10% cashback up to €120 plus 100% on subscriptions up to €50 |
| Code needed | 78453622 | pyhcy44k | Not needed |
| — |
How this offer works
Four steps. You know upfront what happens and who does what.
- 1
You go to OKX
The button below opens OKX in a new tab. It's an affiliate link: we receive a fee if you open an account there. It costs you nothing extra and changes nothing about the terms.
- 2
Create and verify your account
You create an account and complete identity verification (KYC). No bonus is paid out without completed verification.
- 3
Enter the code
Enter 78453622 wherever a promo or referral code is requested. That field is usually shown during registration or under Rewards.
- 4
The bonus is awarded
OKX decides and pays the bonus, not Cryptocodes. When and how that happens is set out in the terms above. If something isn't right, contact OKX; we have no access to your account.
Affiliate link · Investing in crypto carries risk
Frequently asked questions about OKX
Is OKX trustworthy?
OKX holds a European authorisation: MiCA — MFSA (Malta). An authorisation tells you who supervises the firm; it does not protect you if prices fall.
Which country is OKX from?
OKX has been around since 2017. Based in: EU: Malta (OKX Europe Limited).
What does OKX cost?
Spot 0.20%/0.35%; with an X-Perps account 0.08%/0.10% and futures 0.02%/0.05%.
Does OKX have a promo code or welcome bonus?
Yes: Up to €400 in rewards, rising with your trading volume. The code is 78453622. The terms are on our offer page.
View the offer →What are the downsides of OKX?
The range is enormous and the interface shows it: futures, options and margin sit as prominently as a plain buy. The centre of gravity is leveraged products — spot buying works fine, but the platform is not built around it.