Exchange (holds your funds for you)
OKXB4/5· Medium risk
Facts last reviewed 24 Sept 2026
Holds MiCA (Malta), VARA (Dubai), MAS (Singapore) and multiple US state licences; monthly proof of reserves checked by Hacken. Does not disclose a user protection fund.
Compare a move (switching cost) →History: published and paid rates, incidents, legal status →Official site ↗
Why this tier
- Meets: Publishes a monthly proof of reserves (Merkle) that users can verify themselves
- Meets: Licensed by a major regulator: EU (Malta, MFSA), Dubai (VARA), Singapore (MAS), US (states)
- Meets: Operating since 2017 (9 years)
- Falls short: No user protection fund disclosed
- Meets: Users were fully compensated for every known incident
- Note: CoinDesk Data Exchange Benchmark (2026-05): grade A, score 82.85, ranked 8. For reference only, not part of the risk tier.
Tier history
- 29 Sept 2026B· Medium riskMedium risk
Products
| Coin | You earn | Highest rate | Tier | Product | Term | Conditions |
|---|---|---|---|---|---|---|
| USDT | 2.83% | Highest rate2.83% | B2/5· Medium risk | Simple Earn Flexible (market rate) | FlexibleWithdraw any time | |
| USDT | Unknown | Highest rate10.00% | B2/5· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | New users only |
| USDC | 3.13% | Highest rate3.13% | B4/5· Medium risk | Simple Earn Flexible (market rate) | FlexibleWithdraw any time | |
| USDC | Unknown | Highest rate10.00% | B4/5· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | New users only |
| BTC | 0.01% | Highest rate0.01% | B4/5· Medium risk | Simple Earn Flexible (market rate) | FlexibleWithdraw any time | |
| BTC | Unknown | Highest rate5.00% | B4/5· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | New users only |
| ETH | 0.53% | Highest rate0.53% | B4/5· Medium risk | Simple Earn Flexible (market rate) | FlexibleWithdraw any time | |
| ETH | Unknown | Highest rate5.00% | B4/5· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | New users only |
| BNB | 0.25% | Highest rate0.25% | B3/4· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | |
| SOL | 2.86% | Highest rate2.86% | B4/5· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | |
| XRP | 0.48% | Highest rate0.48% | B2/4· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | |
| TRX | 5.14% | Highest rate5.14% | B3/4· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time | |
| DOGE | 0.05% | Highest rate0.05% | B3/4· Medium risk | Simple Earn Flexible | FlexibleWithdraw any time |
USDT
USDC
BTC
ETH
BNB
SOL
XRP
TRX
DOGETier: A lowest risk, D active incident. The number after the letter is the criteria met.
Legal status by country
Taken from regulators’ registers and notices. A row without a source or a month confirmed says so.
Vietnam
Not licensed · Sept 2026
OKX is not licensed in Vietnam (it made a strategic investment in the domestic exchange CAEX, 4/2026) and does not list Vietnam as a restricted region.
Source ↗Europe (EEA)
Licensed · OKX Europe Limited · Sept 2026
On ESMA's CASP register (24/9/2026 version): OKX Europe Limited, MiCA licence granted by Malta's MFSA on 27/1/2025, covering exchange operation, custody, exchange of funds and asset transfers.
Source ↗UAE (Dubai)
Licensed · OKX Middle East Fintech FZE · Sept 2026
OKX Middle East Fintech FZE holds a VARA VASP licence (17/9/2024) covering Exchange, Broker-Dealer, Lending & Borrowing.
Source ↗Indonesia
Banned · Jun 2026
OKX (OKEX Malta Ltd) ranks 5th on the list of 228 unlicensed exchanges shut down by OJK's Satgas PASTI (1-5/2026, announced 22/6/2026); it is not on OJK's list of licensed exchanges.
Source ↗Nigeria
Does not serve · Jun 2026
OKX's risk and compliance disclosure (6/2026) lists Nigeria as a restricted region.
Source ↗