Overview
OKX combines very low fees with one of the best built-in Web3 wallets, letting you trade centrally and access DeFi from a single app.
It's a full-featured exchange with deep liquidity, but its standout is the integrated, self-custodial OKX Wallet that bridges the exchange and on-chain DeFi, NFTs and dApps — handy if you want both worlds without juggling separate tools.
Key features
- An excellent built-in Web3 wallet for DeFi, NFTs and dApps
- Very low spot trading fees
- Deep liquidity and a broad product range
- A single app spanning centralised and on-chain activity
Fees & costs
Spot fees are among the lowest of the majors, starting around 0.08–0.10% and falling with volume. The Web3 wallet is free and self-custodial. US availability is limited, so check before signing up.
Security & trust
OKX passed our safety screen and publishes proof-of-reserves. The exchange side is custodial (use 2FA); the Web3 wallet is self-custodial, meaning you control the keys — back up your recovery phrase and never share it.
Pros & cons
👍 Pros
- Very low trading fees
- Excellent built-in Web3 wallet and DeFi access
- Broad product range
👎 Cons
- Feature-dense for newcomers
- US availability is limited
- Web3 features add a learning curve
Who it's for
✅ Good fit if…
Traders who also want DeFi, NFTs and a Web3 wallet in one place, at low cost.
⛔ Look elsewhere if…
Total beginners who'd find the breadth of features overwhelming.
Frequently asked questions
Is OKX safe to use?
OKX passed our safety screen and publishes proof-of-reserves. The exchange side is custodial (use 2FA); the Web3 wallet is self-custodial, meaning you control the keys — back up your recovery phrase and never share it.
What are OKX's trading fees?
OKX's spot trading fees start from around 0.08% and fall with volume. Deposit and withdrawal fees vary by method, so check OKX's current fee schedule before trading.
Is OKX available in Australia?
Yes — OKX lists its availability as EU · AU · Global. Always confirm it supports your country and payment method when you sign up.
Is OKX good for beginners?
OKX is best web3 wallet combo. Traders who also want DeFi, NFTs and a Web3 wallet in one place, at low cost.
Verdict
Bottom line. Great value with a genuinely standout Web3 wallet — one of the best options if you want centralised trading and on-chain access together.