Does OKX require KYC?
Yes. OKX requires identity verification (KYC).
Checked 2026-10-27 · 3 sources- Balances on the exchange are held by OKX. OKX publishes monthly Proof of Reserves reports (zk-STARK based) and says it keeps a 1:1 reserve ratio.
- Requirements can vary by country and by withdrawal or deposit limits.
- US: the global OKX platform lists 'certain jurisdictions within the United States', including all US territories, as restricted locations. , a FinCEN-registered money services business (NMLS #1767779). S. S. Virgin Islands.
Sources: OKX Terms of Service (last updated 2026-10-22; contracting entities by region) · OKX Help - How do I verify an individual account? (advanced verification required) · OKX US - Tax Center general FAQ (1099-DA, 1099-MISC). The venue's own page wins if it disagrees with ours.
OKX
Exchange · 0.2% round trip. OKX is a centralised crypto exchange, launched as OKEx in 2017, offering spot, perpetual and expiry futures, options, trading bots and earn products. The global schedule charges regular users 0.08% maker and 0.10% taker on spot and 0.02%/0.05% on futures. US residents use a separate platform run by OKX Inc. (not available in New York) whose fee page lists spot pairs only, at 0.20%/0.35% for regular users. In February 2025 the global operating entity pleaded guilty in the US to running an unlicensed money transmitting business.
Full OKX sheet: fees, custody, incidents →