2025-4-25
OKX
OKX is an international cryptocurrency trading platform launched by OK Group. Its headquarters are currently located in Seychelles. Originally founded in China by Star Xu,...
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Binance is one of the largest and most popular cryptocurrency exchanges in the world. Founded in 2017, it has quickly risen to prominence due to its extensive list of supported cryptocurrencies, low trading fees, and robust trading features.
Buy and sell cryptocurrencies immediately at current market prices, supporting over 350 cryptocurrencies and 500 trading pairs.
Participate in futures, perpetual swaps, and other contract based trading instruments, providing high leverage options.
Using borrowed funds for trading amplifies potential returns (while also amplifying risks).
A multi chain supported non custodial wallet that allows users to fully control their encrypted assets and private keys.
A one-stop platform for discovering, purchasing, selling, and trading various NFT collectibles.
Automatically copy the trading strategies of top traders, suitable for users without time or experience.
Maker fee: 0.1% Taker fee: 0.1% Can be reduced by using BNB for fees
OKX uses multi-signature technology to manage user assets, ensuring that any fund operations require verification from multiple authorized nodes, significantly reducing the risk of single-point failures or internal misconduct.
The majority of user assets are stored in offline cold wallets, with only a small amount kept in online hot wallets to meet daily liquidity needs, effectively defending against hacker attacks.
OKX has a 24/7 real-time monitoring system that tracks abnormal trading activities, account logins, and withdrawal operations. If a risk alert is triggered, the platform immediately freezes the related operations and conducts manual reviews.
To prevent money laundering and financial crimes, OKX requires users to complete multi-level identity verification (ID documents, facial recognition, etc.), especially for large transactions or withdrawals.
Includes device binding (phone, email, Google Authenticator), withdrawal address whitelisting, automatic withdrawal restrictions for logins from unfamiliar locations or devices, and manual withdrawal delay functions.
OKX regularly publishes Proof of Reserves (PoR) reports, using Merkle Tree technology to disclose user asset data, allowing users to independently verify that their assets are fully backed.
OKX collaborates with the global white-hat hacker community, running a bug bounty program to encourage the discovery and reporting of security vulnerabilities, continuously improving system defenses.
Notion: OKX may have restrictions in certain jurisdictions. Please confirm that the service is available in your area and comply with local regulations.
Binance is one of the largest cryptocurrency exchanges in the world, founded in 2017. It offers various crypto financial services such as spot trading, futures, savings, and lending. The platform uses multiple security measures like two-factor authentication, cold wallet storage, and anti-phishing codes. Overall, it's considered secure in the industry, but users should still take precautions to protect their accounts.
Yes, Binance requires users to complete identity verification (KYC) before they can use features like fiat deposits/withdrawals and futures trading. The process typically takes less than an hour after submitting your ID documents. This is in line with global compliance standards and helps protect user assets.
Binance supports a variety of trading options, including: Spot trading (buying and selling crypto assets) Futures trading (leveraged long and short positions) Grid trading (automated trading strategies) P2P trading (peer-to-peer fiat-to-crypto transactions) Auto-Invest (recurring crypto purchases)
Binance does not directly support crypto-to-bank withdrawals, but you can do it through these steps: Sell your crypto (e.g., BTC/ETH) for USDT or other stablecoins Use Binance P2P to sell USDT to a buyer and receive funds via bank transfer Confirm receipt of funds and release the crypto Note: Avoid using terms like "crypto" or "virtual currency" in payment notes to prevent bank account issues.
Binance does not automatically withhold taxes. However, users are responsible for reporting their crypto earnings based on their local tax regulations. Many countries (like the U.S. and Australia) require reporting and taxation of crypto profits. Consult a local tax advisor to stay compliant.
OKX is an international cryptocurrency trading platform launched by OK Group. Its headquarters are currently located in Seychelles. Originally founded in China by Star Xu,...
Read
Binance is one of the largest and most popular cryptocurrency exchanges in the world. Founded in 2017, it has quickly risen to prominence due to...
ReadJoin millions of users worldwide to experience diverse cryptocurrency services and trading functions