OKX Referral Code: 8850659
Buy Bitcoin BTC & Crypto
Campaign Period: 28 May 2025 12:00 SGT to 11 June 2025 12:00 SGT. For Users in Singapore only.
This is the final round of the current referral campaign. Don’t miss out if you haven’t joined yet.
Stand to earn up to SGD$10 in Bitcoin welcome rewards, when you sign up with OKX via the referral link or referral code: 8850659.
Steps:
- Sign up using the referral code: 8850659
- After signing up, verify your account by completing Identity Verification within the Campaign Period.
- Complete a one-time trade worth S$60 within the Campaign Period (before 11 June 2025 12:00 SGT).
Terms and conditions apply.
Table of Contents
About OKX
The System Needs a Rewrite
OKX is a leading global cryptocurrency exchange offering a comprehensive suite of trading, financial, and Web3 services. Operating in over 190 countries, it provides spot and derivatives trading, staking, lending, and a decentralized finance (DeFi) ecosystem.
OKX is known for its strong focus on security, regulatory compliance, and transparency, including monthly Proof of Reserves reports.
Emphasizing innovation, OKX integrates Web3 technology, including a non-custodial wallet, NFT marketplace, and decentralized exchange (DEX).
Is OKX trustworthy and reliable?
- Licensed by MAS: OKX Singapore holds a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, legally allowing it to provide digital payment token services — a strong regulatory endorsement.
- Experienced Local Leadership: Led by Gracie Lin, a former MAS regulator and ex-Grab executive, which reflects a deep understanding of Singapore’s financial compliance landscape.
- Local office: OKX has several hundred people based in Singapore focused on areas including product engineering, legal, compliance and human resources.
- Global Platform with Strong Track Record: OKX is one of the top 10 crypto exchanges globally by trading volume, known for robust infrastructure, multi-layer security, and advanced trading features.
- International Regulatory Approvals: Also licensed in regions like the EU and UAE, showcasing consistent global compliance.
Key Metrics
- Global Presence: OKX operates in over 190 countries, serving millions of customers.
- Trading Volume: As of 2024, OKX ranks among the top cryptocurrency exchanges, with daily trading volumes exceeding billions of dollars.
Notable Developments
- Rebranding Initiative: In 2023, OKX rebranded from OKEx to streamline its brand identity and expand its global market presence.
- Web3 Expansion: OKX launched a Web3 wallet and decentralized applications (dApps) support, integrating DeFi, NFTs, and a DEX aggregator into its ecosystem.
- Strategic Partnerships: The company partnered with top sports teams and athletes, such as Manchester City FC, to increase brand visibility.
Presence in Singapore
- Headquarters and Operations: OKX has a regional office in Singapore, managing compliance, business development, and customer support for Southeast Asian markets.
Regulation by Monetary Authority of Singapore (MAS)
- Licensing Approval: In September 2024, OKX Singapore received a Major Payment Institution (MPI) license from MAS, enabling it to offer digital payment token services and cross-border money transfers.
- Regulatory Compliance: As part of its licensing agreement, OKX follows Singapore’s Payment Services Act, ensuring adherence to anti-money laundering (AML) and know-your-customer (KYC) regulations.
Social Media
Follow OKX on the following platforms:
Transparency
- Proof of Reserves: OKX publishes monthly Proof of Reserves (PoR) reports, allowing users to verify that their assets are fully backed.
- Audit and Security Measures: The exchange undergoes regular third-party audits and uses multi-signature security protocols to protect user funds.
Ecosystem
OKX offers a wide range of cryptocurrency-related services, including:
- Trading Services: Supports spot trading, margin trading, futures, perpetual swaps, and options.
- Earning Opportunities: Provides staking, lending, and savings products for users to earn passive income.
- Web3 Features: Includes a non-custodial Web3 wallet, NFT marketplace, decentralized exchange (DEX), and launchpad for new projects.
- Institutional Services: Offers API trading, high-frequency trading (HFT) tools, and customized liquidity solutions for institutional clients.
Unique Selling Proposition (USP)
Instant deposit and withdrawals in Singapore
- In late 2024, OKX introduced instant Singapore dollar (SGD) deposits and withdrawals via DBS Group’s PayNow and FAST payment systems, improving accessibility for Singaporean users.
Usage Notes and Tips
- Stay Updated: Regularly check OKX’s official announcements for changes in trading fees, regulations, and new features.
- Use Security Features: Enable two-factor authentication (2FA) and withdrawal whitelisting to protect your funds.
- Understand Trading Risks: Be aware of leverage risks in futures and margin trading before engaging in high-risk trades.
By leveraging OKX’s offerings and staying informed about regulatory updates, users can maximize their trading and investment experience on the platform.
Learn more on crypto investing in Singapore
Auntiehuat
Web Administrator
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