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.
$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."
Historical market data for spot and futures combining OHLC data, aggregate trades and trading history
Excellent reputation with 20 million global clients and a license from the Dubai Virtual Assets Regulatory Authority
Impressive range of blockchain products, including DeFi services, NFTs and games, alongside established and emerging coins
Vast developer lab plus access to a marketplace of pre-built trading bots with auto-arbitrage
Active traders can expect competitive maker and taker fees, from 0.02% and 0.05%, respectively
Wide range of trading products, including futures, options and perpetual swaps
Crypto staking and pools available with competitive mining fees from 2%
Free mobile app or web-accessible desktop platform
Lightning network for faster BTC payments
400+ leading and emerging tokens
Unified account for consolidation
Convenient way to buy, stake, lend and borrow crypto through one platform
Allows users to borrow against their crypto holdings
2 factor authentication for added security
Advanced Nexo Pro trading platform
Referral program with $25 in BTC
Very affordable pricing structure
High-yield interest savings
OTC trading capabilities
Audited by Armanino
Earn NEXO tokens
Withdrawal fees on some cryptos
Limited regulatory oversight
Inconsistent customer support
Restrictions on using the native tokens for New York and Vermont US residents
High collateral requirement of 200% of the amount you wish to loan
Relatively small selection of crypto tokens which misses newer altcoins
Native tokens are required for maximum interest rates
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.