OKX (OKX) Platform Overview
OKX, commonly known in Chinese as “OKX” or “Yi’ou,” is a leading global cryptocurrency exchange and Web3 technology company.The platform was founded by Star Xu in 2013 and was originally named Okcoin. As the business expanded, OKEx was launched in Hong Kong in 2017, and the company officially rebranded as OKX in January 2022 to better reflect its comprehensive presence in cryptocurrency trading, DeFi, NFTs, and Web3.
Global Reach and User Base
OKX provides services in over 200 countries and regions worldwide and has tens of millions of users.As of this writing, OKX is one of the world’s largest cryptocurrency exchanges by trading volume. Its product lineup includes a variety of financial instruments such as spot trading, margin trading, options, and perpetual contracts, and it is actively expanding its Web3 ecosystem to include DeFi products, NFT markets, and GameFi.
According to public data, OKX generated approximately $1.9 billion in revenue in 2024, with annual trading volume reaching $6 trillion—a year-over-year increase of 114%. As of the second quarter of 2025, OKX Wallet had over 5 million monthly active users.
Regulatory and Compliance Progress
OKX actively pursues compliant operations worldwide. The platform has obtained an interim virtual asset license from the Dubai Virtual Assets Regulatory Authority (VARA) and is expanding its licensing framework in Europe, Singapore, Australia, and other regions. In 2025, OKX obtained a MiFID II license, enabling it to offer regulated derivatives products in Europe.
Notably, OKX has adjusted its operational strategies across different jurisdictions. For example, to comply with local regulations, OKX announced in October 2021 that it would cease providing services to users in mainland China.In 2025, OKX agreed to pay a fine of over $500 million to settle an investigation by the U.S. Department of Justice into its violations of anti-money laundering (AML) laws. Subsequently, OKX resumed operations in the United States in April 2025 and relocated its headquarters to San Jose, California.
Product and Ecosystem Expansion
OKX’s product ecosystem continues to expand. In addition to its core crypto asset trading services, it includes:
- OKX Wallet: A non-custodial Web3 wallet that supports multi-chain asset management, DApp interactions, and NFT display.
- OKX DEX: A decentralized exchange aggregator that provides users with optimized trading routes and liquidity.
- X Layer: OKX’s proprietary blockchain network, designed to provide high-performance and scalable Web3 infrastructure.
- OKB Token: As the native platform token of the OKX ecosystem, OKB serves multiple purposes within the platform, such as trading fee discounts, participation in Launchpad projects, and governance voting.OKX implements a regular token burn program, making OKB a deflationary token. As of July 26, 2026, the price of OKB was approximately $84.34, with a market capitalization of approximately $1.77 billion. Users can view OKB’s real-time price and trends on market data platforms such as Svmuu.
- OKX OnchainOS: Launched in March 2026, it aims to open up the underlying capability stack of the OKX Wallet and OKX DEX to developers and AI agents, driving Web3 innovation.
- X-Perps: Launched in 2026, it provides trading opportunities for traditional financial assets (including U.S. stocks and commodities), further expanding the platform’s service scope.
About the OKX Mobile App and Legacy Version V6.4.35
OKX offers a multi-platform mobile app compatible with iOS and Android devices, allowing users to trade and manage assets anytime, anywhere. Users can typically download the latest version of the app from the official OKX website, the Google Play Store, or the Apple App Store.
The term “older version V6.4.35” typically refers to a version that users seek for specific reasons, such as device compatibility, avoiding potential bugs in newer versions, or a preference for the older interface. Although the official OKX download center generally recommends that users use the latest version to ensure security, access the latest features, and achieve optimal performance, some third-party platforms may offer downloads of older versions.However, downloading the app from unofficial sources carries potential risks and may lead to security vulnerabilities or malware infections. Therefore, users should always obtain the OKX mobile app through official channels.
Key Partners and Investors
OKX has established partnerships with several well-known brands, including the McLaren F1 Team and Manchester City Football Club, to expand its global brand presence.In March 2026, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), made a strategic minority investment in OKX. This investment valued OKX at $25 billion and granted ICE a seat on OKX’s board of directors, marking further recognition of the cryptocurrency sector by a traditional financial giant.
