OKX Supported Countries | Is Your Country One Of Them?
Mike Harry
Feb 2024
4 min read
Fact checked
OKX Supported Countries: OKX is a versatile cryptocurrency exchange founded in 2017 that has grown to over 20 million users. The company is registered in Seychelles and offers a variety of trading services including spot, margin and perps to a global userbase. The big question is, what countries does OKX support and which countries are prohibited from using it's services? Let's find out!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
OKX Supported Countries
With an estimated 20 million users, 1 million app downloads and support for over 350 cryptocurrencies like Bitcoin, Solana and Cosmos, OKX has grown into a significant player in the crypto market.
OKX supported countries
OKX also provides access to a wide range of trading services including margin trading where users can take up to leverage 10X on over 100 digital assets.
In addition, the platform supports hundreds of USD and crypto-margined futures and perpetual contracts, with options for isolated or cross margin and 100X leverage.
OKX Crypto Markets
For beginners, OKX offers copy trading where they can replicate the trades of professional traders and experienced users have access to over 10 trading bots with low trading fees.
OKX Trading Volumes
OKX ranks high in trading volumes, with over $3 billion in 24-hour spot trading and over $28 billion in derivatives, placing it among the top 5 exchanges globally by volume.
With such as wide product offering, it's no wonder that OKX has grown to over 180 countries around the world.
This includes supported countries such as the biggest markets in Europe including United Kingdom, Germany, Spain and Italy, as well as most Norther and Eastern European countries such as Sweden, Norway, Poland, Romania and many others.
OKX is also available in South America with supported countries including Mexico, Brazil, Argentina, Columbia as well as many South East Asian countries such as Thailand, South Korea, Hong Kong and others.
OKX also supports new and emerging markets such as Nigeria and South Africa in Africa and UAE and Saudi Arabia in the Middle East.
OKX Banned countries
While OKX is a global platform that is available in most countries around the world, there are exceptions to the rule with countries that have more strict restrictions around cryptocurrencies.
The exceptions to this rule are are jurisdictions such as:
United States, Canada, Belgium, Netherlands, Singapore, France, Ireland, Japan, Cuba, Iran, North Korea, Crimea, Malaysia, Bolivia and Syria
OKX Restricted Countries
While certain countries are entirely banned from using the products and services of OKX due to local regulations, others face product restrictions with a more limited access to the range of services offered by OKX.
And as for the countries outlined below, they have restrictions as it pertains to the derivatives and earn related products and services for retail users:
United Kingdom
Bangladesh
Bolivia
Malta
Hong Kong
In these countries, users are not allowed or enabled to access futures trading with leverage or even the ability to earn interest on their digital assets.
OKX Earn Product Restrictions
Is OKX available in the US?
At the time of writing, OKX is not able to serve customers in the United States as there are both IP restrictions in place and KYC requirements that can't be completed by Americans.
This means that US residents won't be able to signup and complete the necessary KYC submissions to be able to trade on the platform.
For American citizens that wish to invest in cryptocurrencies safely on a FinCEN regulated exchange, we recommend signing up to eToro and Uphold.
Is OKX available in Malaysia?
At the time of writing, OKX is not available to Malaysian citizens and there are restrictions in place that won't allow Malaysians to signup or use any of the products offered by OKX.
Is OKX regulated in the UK?
While OKX is not regulated in the United Kingdom, there are no IP restrictions for UK citizens who want to signup to OKX Exchange.
For those that reside in the UK, they have access to all the services offered by OKX besides their futures products.
Is OKX available in Canada?
Canadian residents are not available to use OKX Exchange at the time of writing and are IP blocked from the OKX website.
For Canadian residents, we recommend signing up to Uphold as that is regulated by FINTRAC in Canada and offers a wide range of over 300 cryptocurrencies.
Is OKX Regulated?
OKX exchange is registered and regulated by three countries which includes the Bahamas, Hong Kong and the Seychelles.
OKX has not applied for or received and licenses or regulations from any regulatory bodies in North America or Europe.
Is OKX legit?
OKX is a legit exchange that serves over 20 million users world wide and offer a wide range of cryptocurrencies.
OKX app
The exchange also offers a wide range of products and services which includes spot, futures, perps, margin, copy trading, nfts, web 3 wallet and much more.
OKX headquarters
OKX is based and registered in Seychelles and has it's headquarters in Hong Kong where most of it's employees are based.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
