OKX

OKX is a centralized exchange that combines spot trading, conversion and a P2P marketplace. Its official site presents P2P, OTC, Spot and Convert / Swap products, and the exchange direction covers crypto-to-crypto as well as fiat-to-crypto. Funds sit in a custodial exchange account, and card payments by Visa and Mastercard are listed.

OTC and institutional credit

For larger clients OKX offers OTC block trading, RFQ and institutional spot execution. Its UAE desk states a USD 500,000 minimum, typical same-business-day settlement, and support for over 200 assets in AED and USD. On the credit side, a US product offers up to USD 10 million of institutional credit with delayed settlement, and the international VIP Loan (formerly Institutional Loan, renamed in December 2025) is advertised with fixed 90-day terms and up to 2.5x, under a specific agreement.

Access and licensing

US institutional credit requires underwriting and trading-volume thresholds, while VIP Loan requires VIP5 or above and review. The service is not available in every OKX jurisdiction. The US entity is OKX Inc., which cites NMLS 1767779 and a Texas Money Transmission License 3574 as its own claims. Advanced identity verification is required in the US before trading, deposits and withdrawals.