Is OKX safe?
MiCA authorized Evidence 96%Red flag: criminal plea in the last five years, score capped at 60
What the sources say
Where the points come from
Incidents and regulator actions
Security incidents
- No incident found in our search of the last five years.
Regulator and court actions
- 2025-02-24 US DOJ (SDNY): Aux Cayes Fintech Co. Ltd (OKX/OKEx) pleaded guilty to operating an unlicensed money transmitting business; DOJ cites more than $5bn suspicious transactions through the platform. Outcome: Over $504M penalties: $420.3M forfeiture and ~$84.4M fine; external compliance consultant through Feb 2027. Official source Criminal plea or conviction source
- 2025-04-03 Malta FIAU: Fine on Okcoin Europe (OKX Europe-based arm) for AML breaches found in a 2023 compliance examination. Outcome: EUR 1.1M fine. PRESS REPORT ONLY · official text not found · NOT SCORED source
What we could not verify
Not verified: ESMA register directly; OAM register; exact PoR report date; staking/perp availability for Italy; hacks (none found in searches, not exhaustively checked); official OKX fee page not retrievable.
Facts are as of 7 Oct 2026. Searches are not exhaustive. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.
Sources
- [1] Tangem: Is OKX MiCA licensed (ESMA register summary) accessed 2026-10-07
- [2] paymentproviders.io MiCA registry OKX Europe Ltd (ESMA snapshot 17 Sep 2026) accessed 2026-10-07
- [3] OKX press release: MiCA-licensed, passport to 28 EEA countries (18 Feb 2025) accessed 2026-10-07
- [4] AziendaBanca: OKX ottiene la licenza MiCA e porta il trading anche in Italia accessed 2026-10-07
- [5] US DOJ SDNY: OKX pleads guilty accessed 2026-10-07
- [6] Cointelegraph: Malta fines Okcoin Europe EUR 1.1M accessed 2026-10-07
- [7] OKX Proof of Reserves page accessed 2026-10-07
- [8] OKX Learn: What is OKX Spot Fees accessed 2026-10-07
- [9] OKX Learn: Crypto futures fees compared accessed 2026-10-07
Common questions about OKX
Is OKX safe?
We do not give a yes or no, because safety depends on what you need to protect and on facts that change. In our Edition 0 audit OKX scored 60 out of 100 with 96% of the evidence verified. A red flag caps the score at 60. We found 0 security incidents in the last five years and 1 regulator or court action that was not dismissed. Read the sources on this page before you deposit.
Does OKX publish proof of reserves?
Yes. Compare all exchanges: proof of reserves compared.
Is OKX authorized under MiCA?
Yes. Authorized by MFSA (Malta Financial Services Authority) on 2025-01-27. Entity: OKX Europe Limited. See all exchanges: MiCA authorized exchanges.
What are OKX's spot trading fees?
Base tier spot fees are 0.08% maker and 0.1% taker.
Can Italian residents use OKX?
Accepts Italian residents: Yes. The registry check is pending.