OKX vs Nexo
OKX Review 2023 | Nexo Review 2023 |
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4.1
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3.9
Nexo is #21 in our crypto broker rankings. |
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OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders. |
Nexo is a crypto trading platform that also acts as a gateway to DeFi crypto functions such as staking, borrowing and lending. The platform supports 60+ crypto tokens, which can be purchased with a fiat on-ramp and traded in 500+ market pairs. The exchange operates a zero-fee policy allowing a set number of completely free withdrawals per month and fee-free trading. |
Bonus Offer | |
$10 in BTC | Loyalty scheme with various bonuses, plus referral program |
Comment by Reviewer | |
"OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots." | "Nexo is good for traders who want a straightforward way to access DeFi crypto markets and earn interest on their digital assets." |
Pros | |
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Cons | |
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Instruments | |
Spot, futures, perpetual swaps, options | Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
10 USDT | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | $30 |
Regulator | |
VARA | ASIC, FCEN |
Margin Trading | |
Yes | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
Yes | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
Android & iOS | iOS & Android |
Auto Trading | |
Yes | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Cryptocurrency | |
OKX offers a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions. | Nexo traders can buy and sell 60+ cryptocurrencies using fiat, or trade between 500+ market pairs. The app functions as a crypto wallet, meaning that clients will own their own tokens but Nexo will have custody of them. Crypto assets can be transferred from the Nexo wallet. Fees are low and user security is high. |
Spread | |
Variable | N/A |
Coins | |
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Crypto Lending | |
Yes | Yes |
Crypto Mining | |
Yes | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
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More Comparisons | |
OKX vs |
Nexo vs |