Data reportTrust
Is OKX safe? What the official record shows — and what it does not
We do not score safety. This report lists what OKX’s official sources show, how that compares with 20 exchanges, and what we could not confirm.
Published byGrace Hsu
Data reviewed byJason Lee About us → Key takeaways
- OKX’s proof-of-reserves report for September 2026 shows reserve ratios of BTC 109%, ETH 101%, USDT 105%. No third-party auditor is named, so the figures are the exchange’s own disclosure.
- Licenses and registrations: 3 recorded (Dubai, UAE, Singapore, Malta / EEA). The median across 17 exchanges with confirmed data is 2.
- KYC: identity verification is mandatory.
- Security incidents: not confirmed — we record an incident history (or its absence) only from an official source, and none was found.
- Not available to residents of 18 countries and regions: Afghanistan, Canada, Cuba, Hong Kong SAR China, Iran, India, Japan, Malaysia, Nepal, North Korea, Syria, Uzbekistan, United States, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, U.S. Virgin Islands.
01Reserves: BTC 109% · ETH 101% · USDT 105%
OKX’s proof-of-reserves report for September 2026 shows reserve ratios of BTC 109%, ETH 101%, USDT 105%. It covers 22 assets. It is report no. 47. Reports began in November 2022. Reports are published monthly.
The report uses zero-knowledge proofs, so users can check that their balance is included without other balances being revealed. No third-party auditor is named, so the figures are the exchange’s own disclosure.
A ratio above 100% means the reported reserves exceed the reported user balances for the covered assets. It is a snapshot published by the exchange itself.
Source: OKX
02Licenses: 3 recorded, against a median of 2
Our data records 3 licenses or registrations for OKX: Dubai, UAE, Singapore, Malta / EEA. Across 17 exchanges with confirmed data, the median is 2.
A registration is not the same as full regulation of every product. Each entry links to the official source it was recorded from.
Source: CEX Compare, from official exchange sources (checked 2026-10-28)
03How OKX compares
Proof of reserves does not set OKX apart: all 16 exchanges with confirmed data publish one. A user protection fund is recorded at 16 of 17.
| Item | OKX | Across 20 exchanges |
|---|---|---|
| Proof of reserves | Yes | 16 of 16 confirmed |
| User protection fund | Yes | 16 of 17 confirmed |
| Licenses & registrations | 3 | Median 2 (17 confirmed) |
| KYC required | Yes | 17 of 20 confirmed |
| Recorded security incidents | Not confirmed | Median 1 (10 confirmed) |
Source: CEX Compare, from official exchange sources (checked 2026-10-28) · Share of the 20 exchanges on this site with a confirmed value. No weighting and no overall verdict — see methodology.
04What we could not confirm
- Security incident history — no official statement was found either way. Claims that “OKX has never been hacked” come from third-party sites, which we do not use as sources.
- An independent auditor for the reserve report — none is named.
- A user protection fund with a stated size — none was found on OKX’s official site. Futures insurance funds, which cover liquidations, are not counted.
Figures checked 2026-10-06
05Fees in context
OKX’s base spot taker fee is 0.100% — 3 of 20 exchanges charge less and 8 charge the same. Its futures taker fee is 0.050%, with 4 of 17 charging less.
Spot taker
20 of 20 confirmedFutures taker
17 of 20 confirmedSource: CEX Compare, from official exchange sources (checked 2026-10-28)
06Where OKX is not available
OKX’s terms of use list these prohibited countries and regions: Afghanistan, Canada, Cuba, Hong Kong SAR China, Iran, India, Japan, Malaysia, Nepal, North Korea, Syria, Uzbekistan, United States, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, U.S. Virgin Islands.
Frequently asked questions
Is OKX regulated?
OKX holds 3 recorded licenses or registrations: Dubai, UAE, Singapore, Malta / EEA. Each applies only to its own jurisdiction.
Does OKX have proof of reserves?
OKX’s proof-of-reserves report for September 2026 shows reserve ratios of BTC 109%, ETH 101%, USDT 105%.
Does OKX have a user protection fund?
A user protection fund with a stated size — none was found on OKX’s official site. Futures insurance funds, which cover liquidations, are not counted.
Does OKX require KYC?
Yes. OKX requires identity verification (KYC) before trading.
Where is OKX not available?
OKX’s terms of use list Afghanistan, Canada, Cuba, Hong Kong SAR China, Iran, India, Japan, Malaysia, Nepal, North Korea, Syria, Uzbekistan, United States, Puerto Rico, American Samoa, Guam, Northern Mariana Islands, U.S. Virgin Islands as prohibited.
Every answer is generated from the values above and their official sources — nothing is added that the data does not show.
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About this report
This report is built only from the verified figures on this site. Every number links to an official source, and the data is reviewed by Jason Lee. It is information, not investment advice. About us →