Overview

OKX is among the MAS-licensed crypto exchanges in Singapore, offering spot trading across 350+ cryptocurrencies plus futures and options for active traders. Fees start at 0.08% maker and 0.10% taker, dropping further through an 8-tier VIP program based on trading volume. Getting started takes S$10 and a few minutes via Singpass, with S$10 in Bitcoin for new users. Beyond trading, OKX Pay lets you spend stablecoins at GrabPay merchants, a feature unique among Singapore exchanges.

Pros

↑First stablecoin payment service in Singapore, enabling USDT/USDC spending at GrabPay merchants
↑Instant PayNow deposits available 24/7 with zero processing fees
↑8-tier VIP program with fees dropping below 0.02% for high-volume traders

Cons

↓Cryptocurrency-only platform with no traditional stock or ETF trading available
↓Mandatory knowledge test required for Singapore users to access full platform features
↓Larger welcome bonuses (S$75+) run as limited-time campaigns with specific deposit and trade requirements

Key Highlights

Welcome Offer
S$10 Bitcoin for new users
S$10 in Bitcoin credited upon completing identity verification
Verification available via Singpass Myinfo in approximately 1 minute
Bitcoin value calculated using 7-day rolling average BTC price
Periodic larger campaigns offer up to S$75 in rewards for deposits and trades

Trading Costs
0.08% maker 0.10% taker
Regular users: 0.08% maker, 0.10% taker fees
Below industry average of 0.15% maker, 0.19% taker
VIP tiers offer progressively lower fees based on 30-day volume
Top VIP tiers can receive negative maker fees (rebates)

Assets & Markets
350+ cryptocurrencies
Over 350 cryptocurrency trading pairs available
Major coins: BTC, ETH, SOL, BNB, XRP, USDT, USDC
Spot trading, perpetual futures, and options
Multiple base pairs: SGD, USD, USDT

Why Choose?
OKX Pay stablecoin payments
Singapore's first stablecoin scan-to-pay service (launched Sep 2025)
Pay with USDT or USDC at GrabPay merchants nationwide
Settlement via StraitsX XSGD, merchants receive SGD
Available at Best Denki, Cedele, Jumbo, Toast Box, and thousands more

Regulation & Safety
MAS licensed exchange
OKX SG Pte. Ltd. holds Major Payment Institution license (MAS FID 422854)
Licensed for Digital Payment Token Service and Cross-border Money Transfer
Custody partnership with Standard Chartered Bank
ISO 27001:2022 information security certified

Account Minimum
Minimum S$10 deposit
Minimum deposit: S$10 via PayNow or bank transfer
Minimum withdrawal: S$10 for SGD
No deposit fees for PayNow transfers
Instant 24/7 PayNow deposits available

Key Benefits

Trading Costs

★4.2

▼

Regular tier: 0.08% maker, 0.10% taker fees
Below industry average (0.15% maker, 0.19% taker)
VIP tiers progressively reduce fees based on 30-day volume
No deposit fees for PayNow and bank transfers
Minimum S$10 withdrawal for SGD
Crypto withdrawal fees vary by token and network

Platform And Tools

★4.3

▼

Web platform with advanced trading interface
Mobile app for iOS and Android with OKX Pay integration
Copy trading for spot and futures markets
Spot and Grid trading bots for automation
Recurring buy for dollar-cost averaging
Dual Investment for yield generation
Smart Arbitrage bot with APR boosters
Real-time market data and TradingView charts for VIPs

Research And Analysis

★4.0

▼

OKX Learn educational resource center
Market analysis articles and insights
Trading guides and tutorials
Crypto market news updates
Technical analysis tools integrated
Economic calendar for crypto events

Mobile Trading

★4.2

▼

OKX SG app for iOS and Android
Full trading capabilities on mobile
OKX Pay integrated for stablecoin payments at GrabPay merchants
Real-time notifications and price alerts
Biometric authentication supported
Singpass Myinfo integration for fast verification

Account Features

★4.4

▼

Multi-currency accounts: SGD, USD, crypto
PayNow instant deposits 24/7 with zero fees
Bank transfer deposits and withdrawals
Spot, futures, and options trading
Trading bots and recurring buy features
Demo trading mode available
Sub-accounts for portfolio organization

Security And Trust

★4.5

▼

MAS licensed Major Payment Institution (FID 422854)
Custody partnership with Standard Chartered
ISO 27001:2022 information security certified
Two-factor authentication required
Semi-offline storage for digital assets
Multi-signature wallet system
Regular security audits and penetration testing

Customer Support

★3.9

▼

Email support: [email protected]
In-app chat with response within 6 hours
Help center with FAQs
24/7 priority support for VIP members
Issue resolution target: 7 calendar days
Social: X (@OKXSG), Instagram (@okx_singapore), Telegram (t.me/okx_singapore)

Educational Resources

★4.1

▼

OKX Learn platform with trading content
Trading tutorials for beginners to advanced
Demo trading program with virtual funds
Market analysis and research articles
Learn-to-Earn campaigns with rewards
Video tutorials and webinars available

VIP Program

1VIP 1

▼

Volume A U M	Minimum 100,000 USD in assets OR 30-day trading volume meets VIP 1 threshold Calculated daily at 00:00 UTC+8 All instruments count toward volume
Fee Waivers	Reduced maker and taker fees vs regular tier Volume-based progressive discounts Fees charged in purchased asset Lower financing rates on margin
Exclusive Tools	Access to all trading platforms Standard charting and analysis tools Basic market insights Priority order routing
Other Perks	VIP badge in platform Email notifications for VIP campaigns Eligible for VIP-exclusive promotions Standard customer support

2VIP 2-4

▼

Volume A U M	VIP 2: Higher volume or asset requirements VIP 3: Institutional-level thresholds VIP 4: Professional trader requirements Each tier requires sustained monthly volume
Fee Waivers	Progressively lower maker and taker fees Increased rebate percentages Reduced or waived withdrawal fees Better financing rates
Exclusive Tools	Enhanced market data access Advanced trading tools API access with higher limits Premium charting features
Other Perks	Account manager from VIP 4 Exclusive VIP campaigns Higher withdrawal limits Faster support response times

3VIP 5-7

▼

Volume A U M	VIP 5: High-net-worth trader level VIP 6: Institutional trader requirements VIP 7: Ultra-high-volume requirements Sustained performance required monthly
Fee Waivers	Highly competitive fee rates (below 0.02%) Significant rebate structures Minimal or zero withdrawal fees Institutional-grade financing rates
Exclusive Tools	TradingView subscriptions subsidized Priority API access Advanced bot features Dual Investment highest APR tiers Smart Arbitrage 10% APR boosters
Other Perks	Dedicated relationship manager VIP Plus+ exclusive campaigns Premier League VIP box tickets McLaren F1 race access Exclusive merchandise Priority support 24/7

4VIP 8

▼

Volume A U M	VIP 8: Highest tier for elite traders Ultra-high volume and asset requirements Invitation or qualification-based Sustained exceptional trading activity
Fee Waivers	Best possible fee rates (negative maker fees) Maximum rebate structures Zero withdrawal fees Custom financing arrangements
Exclusive Tools	Custom API solutions White-glove platform access Exclusive trading tools Maximum Dual Investment APR Custom bot configurations
Other Perks	Personal relationship manager OKX Ventures collaboration opportunities Exclusive global events access Custom reward structures Maximum priority in all services Direct line to senior management

Available Tools

Trading Tools

▼

Paper Trading	✓
Margin Trading	✓
Zero Commission	×
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	×
Grid Trading	✓
Trading Bots	✓
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	✓
Ai Trading Assistant	×

Crypto Tools

▼

Launchpad	✓
Crypto Earn	✓
Crypto Staking	✓
Nft Marketplace	×

Advanced Tools

▼

Api Access	✓
Basket Trading	×
Options Strategies	✓
Smart Order Routing	✓
Backtesting Capabilities	×

Portfolio Tools

▼

Tax Harvesting	×
Islamic Account	×
Auto Rebalancing	×
Dividend Tracker	×
Economic Calendar	✓

Detailed Information

Commission Tiers	Regular: 0.08% maker, 0.10% taker VIP 1-8: Progressively lower fees Fees based on 30-day trailing volume All instruments count toward tier calculation Calculated daily at 00:00 UTC+8
Trading Fees	Spot trading: 0.08% maker, 0.10% taker (regular) Below industry average of 0.15%/0.19% Perpetual futures: Same fee structure Options trading: Volume-based fees Maker orders add liquidity, lower fees Taker orders remove liquidity, higher fees
Options Commission	Volume-based fee structure Calculated on notional value VIP tiers receive discounts
Futures Commission	Same as spot: 0.08% maker, 0.10% taker VIP discounts apply Forced liquidation at taker rate
Financing Rates	Perpetual futures: Funding rate every 8 hours Rates based on market conditions Positive or negative depending on long/short imbalance Margin trading: Daily interest on borrowed amounts
Margin Interest Rate	Varies by VIP tier Daily interest calculation Competitive rates for VIP members
Overnight Fees	Funding rates for perpetual positions Collected every 8 hours Rate varies by market conditions
Non Trading Fees	No account maintenance fees No inactivity fees Crypto withdrawal fees vary by token and network SGD withdrawal: Minimum S$10 Deposit fees: Free for PayNow and bank transfers
Deposit Fee	0 (PayNow and bank transfer)
Withdrawal Fee	SGD: Minimum S$10 withdrawal, fees may apply Crypto: Varies by token and blockchain network Check withdrawal page for current rates
Inactivity Fee	0
Currency Conversion Fee	Minimal spreads on crypto conversions Market-based conversion rates No additional conversion fees
Data Feed Fees	Real-time market data free Advanced charting included No separate data subscription required
Order Modification Fee	0
Vip Fee Tiers	VIP 1-8: Progressive fee reductions Based on 30-day volume across all products Asset holdings also count toward tier Fast-track available for existing VIPs from other platforms Up to +2 tier upgrade for referrals

Minimum Spreads	Market-dependent spreads Tightest for major pairs like BTC/USDT Varies by liquidity and market conditions
Maximum Leverage	Varies by instrument and account type Perpetual futures: Up to 125x on some pairs Margin trading: Based on collateral Reduced leverage for larger positions
Margin Call Level	Automatic based on maintenance margin Warnings sent before liquidation Position-by-position basis
Stop Out Level	Varies by instrument Automatic liquidation to prevent negative balance Negative balance protection included
Negative Balance Protection	Yes, for retail traders Automatic position liquidation Cannot lose more than account balance
Settlement Period	Spot: Instant settlement Futures: Daily or upon contract expiry Options: Upon exercise or expiry
Order Execution Quality	Fast execution with low latency Smart order routing for best prices Market maker liquidity provision Real-time order confirmations Post-only orders available to avoid taker fees

Stocks Count	0
Etfs Count	0
Crypto Count	350
Forex Pairs Count	0
Product Universe Overview	Over 350 cryptocurrency trading pairs Spot trading for major coins and altcoins Perpetual futures contracts Options trading available Multiple base currencies: SGD, USD, USDT Stablecoins: USDT, USDC supported
Geographic Market Coverage	Global cryptocurrency markets Singapore-specific features (OKX Pay, PayNow) USD and SGD fiat on-ramps No geographic restrictions on crypto access Compliant with MAS regulations
Major Markets Details	Bitcoin (BTC), the flagship cryptocurrency Ethereum (ETH), second largest by market cap Major altcoins: SOL, BNB, XRP, ADA, DOGE Stablecoins: USDT, USDC, DAI DeFi tokens: UNI, AAVE, LINK, MKR Layer 1/2: AVAX, MATIC, ARB, OP
Emerging Markets Details	New token listings regularly Emerging DeFi protocols GameFi and metaverse tokens New layer 1 blockchains AI and infrastructure tokens
Base Currencies Supported	SGD, USD, USDT, USDC, BTC, ETH

Trading Platforms Overview	Web-based trading platform OKX SG mobile app (iOS and Android) Advanced trading interface with Simple and Exchange modes Express buy/sell features Multi-device synchronization
Desktop Platform	Browser-based web platform No download required Advanced charting tools Real-time order book depth Multiple order types supported Customizable interface layouts
Mobile App	OKX SG app for iOS and Android Full trading functionality OKX Pay integration for stablecoin payments Real-time notifications Biometric login supported Singpass Myinfo for fast verification
Web Platform	Responsive web design Works on all browsers Secure HTTPS connection Real-time data streaming Advanced order types Portfolio management tools
Trading Tools And Features	Spot trading with limit, market, stop orders Copy trading for spot and futures Grid trading bots for automation Recurring buy for DCA strategies Convert feature for instant swaps Dual Investment for yield Smart Arbitrage bot Price alerts and notifications
Charting And Technical Analysis	Real-time price charts Multiple timeframes available Technical indicators integrated Drawing tools for analysis TradingView integration for VIPs Order book depth visualization
Risk Management Tools	Stop-loss orders Take-profit orders Stop-limit orders Position monitoring Risk warnings and alerts Negative balance protection Portfolio diversification tracking
Order Types Available	Market orders Limit orders Stop-loss orders Stop-limit orders Post-only orders (maker only) Fill-or-kill orders Immediate-or-cancel orders Time-in-force options
Integrations And Api Access	RESTful API for automated trading WebSocket API for real-time data API key authentication Rate limits based on VIP tier Documentation available Python and other language libraries
Third Party Platforms	TradingView integration (VIP tiers) StraitsX for XSGD settlement GrabPay integration for OKX Pay Standard Chartered custody integration
Api Rate Limits	Rate limits based on VIP tier Higher limits for VIP members WebSocket connections allowed Documented in API documentation
Algo Trading Support	API access for algorithmic trading Grid trading bots available Recurring buy automation Custom bot development supported via API Rate limits accommodate algo trading

Customer Support Overview	Help center with FAQs at okx.com/help Email support: [email protected] In-app chat support with 6-hour response target 24/7 priority support for VIP members Issue resolution within 7 calendar days
Phone Support Hours	Phone support not available Support via email and in-app chat only
Live Chat Availability	In-app chat available 24/7 Response within 6 hours (standard) Response within 3 minutes (live chat) Priority response for VIP members
Email Response Time	Standard: Within 6 hours initial response Resolution target: 7 calendar days VIP: Priority faster response Email: [email protected]
Languages Supported	English (primary) Chinese (Simplified and Traditional) Additional languages via help center
Local Office Presence	Singapore registered office Address: 12 Marina Boulevard, #19-02, Marina Bay Financial Centre, Singapore 018982 CEO: Gracie Lin (former MAS official) MAS licensed Major Payment Institution
Account Manager	Available for VIP 4 and above Dedicated relationship manager for VIP 5+ Personal service for highest tiers Fast-track onboarding assistance
Educational Resources Overview	OKX Learn platform Trading guides and tutorials Market analysis articles Video tutorials available Demo trading mode Learn-to-Earn campaigns
Beginner Resources	Getting started guides Basic trading tutorials Risk awareness assessment required by MAS Crypto fundamentals explained Demo account for practice
Webinars And Tutorials	Video tutorials in OKX Learn Educational article library Trading strategy guides Market analysis updates
Market Analysis And Research	Daily market insights Crypto news aggregation Technical analysis articles Market trend reports Economic calendar for crypto events
Demo Account Details	Demo trading mode available Practice with virtual funds Real market prices used Full platform functionality No time limit on demo use
Trading Courses	Self-paced learning on OKX Learn Beginner to advanced content Trading strategy courses Risk management education Learn-to-Earn rewards available
Tax Reporting Help	Transaction history export CSV and PDF downloads available No automated tax reporting Users responsible for own tax compliance Detailed trade records provided

Regulation Overview	Licensed by Monetary Authority of Singapore (MAS) Major Payment Institution under Payment Services Act 2019 Regular compliance audits AML/ATF/Sanctions Program implemented Mandatory risk awareness assessment for Singapore users
Primary Regulator	Monetary Authority of Singapore (MAS)
License Number	MAS Financial Institutions Directory ID: 422854 Entity: OKX SG Pte. Ltd. License Type: Major Payment Institution Licensed Activities: Digital Payment Token Service, Cross-border Money Transfer Service
Investor Protection Scheme	Custody partnership with Standard Chartered Client funds segregation Semi-offline storage for digital assets Multi-signature wallet system Regular security audits Negative balance protection for retail users
Security Features	ISO/IEC 27001:2022 information security certified Two-factor authentication (2FA) required Anti-phishing codes available Withdrawal passwords separate from login Device management and authorization Real-time security alerts Multi-cloud architecture Emergency backup systems Regular penetration testing

Volume A U M

Minimum 100,000 USD in assets OR
30-day trading volume meets VIP 1 threshold
Calculated daily at 00:00 UTC+8
All instruments count toward volume

Fee Waivers

Reduced maker and taker fees vs regular tier
Volume-based progressive discounts
Fees charged in purchased asset
Lower financing rates on margin

Exclusive Tools

Access to all trading platforms
Standard charting and analysis tools
Basic market insights
Priority order routing

Other Perks

VIP badge in platform
Email notifications for VIP campaigns
Eligible for VIP-exclusive promotions
Standard customer support

Volume A U M

VIP 2: Higher volume or asset requirements
VIP 3: Institutional-level thresholds
VIP 4: Professional trader requirements
Each tier requires sustained monthly volume

Fee Waivers

Progressively lower maker and taker fees
Increased rebate percentages
Reduced or waived withdrawal fees
Better financing rates

Exclusive Tools

Enhanced market data access
Advanced trading tools
API access with higher limits
Premium charting features

Other Perks

Account manager from VIP 4
Exclusive VIP campaigns
Higher withdrawal limits
Faster support response times

Volume A U M

VIP 5: High-net-worth trader level
VIP 6: Institutional trader requirements
VIP 7: Ultra-high-volume requirements
Sustained performance required monthly

Fee Waivers

Highly competitive fee rates (below 0.02%)
Significant rebate structures
Minimal or zero withdrawal fees
Institutional-grade financing rates

Exclusive Tools

TradingView subscriptions subsidized
Priority API access
Advanced bot features
Dual Investment highest APR tiers
Smart Arbitrage 10% APR boosters

Other Perks

Dedicated relationship manager
VIP Plus+ exclusive campaigns
Premier League VIP box tickets
McLaren F1 race access
Exclusive merchandise
Priority support 24/7

Volume A U M

VIP 8: Highest tier for elite traders
Ultra-high volume and asset requirements
Invitation or qualification-based
Sustained exceptional trading activity

Fee Waivers

Best possible fee rates (negative maker fees)
Maximum rebate structures
Zero withdrawal fees
Custom financing arrangements

Exclusive Tools

Custom API solutions
White-glove platform access
Exclusive trading tools
Maximum Dual Investment APR
Custom bot configurations

Other Perks

Personal relationship manager
OKX Ventures collaboration opportunities
Exclusive global events access
Custom reward structures
Maximum priority in all services
Direct line to senior management

Commission Tiers

Regular: 0.08% maker, 0.10% taker
VIP 1-8: Progressively lower fees
Fees based on 30-day trailing volume
All instruments count toward tier calculation
Calculated daily at 00:00 UTC+8

Trading Fees

Spot trading: 0.08% maker, 0.10% taker (regular)
Below industry average of 0.15%/0.19%
Perpetual futures: Same fee structure
Options trading: Volume-based fees
Maker orders add liquidity, lower fees
Taker orders remove liquidity, higher fees

Options Commission

Volume-based fee structure
Calculated on notional value
VIP tiers receive discounts

Futures Commission

Same as spot: 0.08% maker, 0.10% taker
VIP discounts apply
Forced liquidation at taker rate

Financing Rates

Perpetual futures: Funding rate every 8 hours
Rates based on market conditions
Positive or negative depending on long/short imbalance
Margin trading: Daily interest on borrowed amounts

Margin Interest Rate

Varies by VIP tier
Daily interest calculation
Competitive rates for VIP members

Overnight Fees

Funding rates for perpetual positions
Collected every 8 hours
Rate varies by market conditions

Non Trading Fees

No account maintenance fees
No inactivity fees
Crypto withdrawal fees vary by token and network
SGD withdrawal: Minimum S$10
Deposit fees: Free for PayNow and bank transfers

Deposit Fee

0 (PayNow and bank transfer)

Withdrawal Fee

SGD: Minimum S$10 withdrawal, fees may apply
Crypto: Varies by token and blockchain network
Check withdrawal page for current rates

Inactivity Fee

Currency Conversion Fee

Minimal spreads on crypto conversions
Market-based conversion rates
No additional conversion fees

Data Feed Fees

Real-time market data free
Advanced charting included
No separate data subscription required

Order Modification Fee

Vip Fee Tiers

VIP 1-8: Progressive fee reductions
Based on 30-day volume across all products
Asset holdings also count toward tier
Fast-track available for existing VIPs from other platforms
Up to +2 tier upgrade for referrals

OKX

Overview

Pros

Cons

Key Highlights

Key Benefits

VIP Program

Available Tools

Detailed Information

Related Products

Pros

Cons