Common problems
What does centralized exchange mean?
A centralized exchange generally refers to a custodial asset trading place controlled and managed by a company or operating entity. Users need to deposit their assets on the platform to start trading. In traditional finance, stock exchanges such as NYSE, Nasdaq, etc. are all centralized exchanges. Binance, Coinbase, and Kraken are centralized exchanges in the crypto industry. Their operations are similar to Nasdaq, using a central order book model to match transactions and determine asset prices.
What fiat currencies does OKX support?
OKX currently supports 46 types, including AED,ARS,AUD,AZN,BRL,CAD,CHF,CLP,COP,CZK,EGP,EUR,GBP,GHS,HKD,HRK,HUF,IDR,ILS,INR,ISK,JPY,KES,KRW,KZT,MXN,NGN,NOK,NZD,PEN,PHP,PLN,RON,RUB,SAR,SEK,SGD,THB,TRY,TWD,UAH,UGX,USD,UYU,VND,ZAR.
What is the market capitalization of OKX?
The current market value of OKX is 797.