OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries. |
| Launched |
|---|
2017 |
Website: |
| Deposits |
Crypto, credit card |
| Payouts |
Crypto |
| Security |
2fa, cold storage |
| Verification |
Tiered |
SwapSpace is a crypto exchange aggregator that doesn't require registration. The platform provides an opportunity to swap around 300 cryptocurrencies suing fixed and floating rates. SwapSpace has a row of partnerships with such significant companies as Changelly, ChangeNow, and SimpleSwap. The main priority of SwapSpace is saving its customers' time by doing much of the work for them. The platform strives to provide its customers with trading at the most profitable rates. All the rates are gathered and displayed at one tab so the traders can compare the prices and make decisions on what to buy or sell without any hassle. The users can get assistance from the support team that works 24/7. What makes SwapSpace especially comfortable and transparent is the fact that is doesn't collect any fees above the fees charged by the partner exchanges. |
| Launched |
|---|
2019 |
Website: |
| Deposits |
Crypto, credit card |
| Payouts |
Crypto |
| Security |
2fa, ssl encryption |
| Verification |
OKX was launched in 2017 in Belize by OKEX Technology Company Limited. It was announced in 2018, that the platform was going to open headquarters in Malta, in order to have an opportunity to provide service for users in over 100 countries. | SwapSpace is a crypto exchange aggregator that doesn't require registration. The platform provides an opportunity to swap around 300 cryptocurrencies suing fixed and floating rates. SwapSpace has a row of partnerships with such significant companies as Changelly, ChangeNow, and SimpleSwap. The main priority of SwapSpace is saving its customers' time by doing much of the work for them. The platform strives to provide its customers with trading at the most profitable rates. All the rates are gathered and displayed at one tab so the traders can compare the prices and make decisions on what to buy or sell without any hassle. The users can get assistance from the support team that works 24/7. What makes SwapSpace especially comfortable and transparent is the fact that is doesn't collect any fees above the fees charged by the partner exchanges. |
| Launched | |
|---|---|
2017 | 2019 |
Website: | Website: |
| Deposits | |
Crypto, credit card | Crypto, credit card |
| Payouts | |
Crypto | Crypto |
| Security | |
2fa, cold storage | 2fa, ssl encryption |
| Verification | |
Live Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentIt's pretty simple to choose between the two platforms. Which exchange will protect your margins? Whatever type of trader you are – whether a high-frequency volume trader trying to beat maker-taker fees, or an investor needing cold storage – an exchange becomes your partner. We will explore how OKX fares against SwapSpace when it really matters.
Fees become the silent killer of any portfolio performance. Both exchanges utilize a tiered maker/taker fee model, which basically means you get lower fees for higher 30-day volumes. However, there are subtle differences – and the effect can be dramatic. Every additional 0.05% on taker fees will add up, cutting your profit margins.
Pay particular attention to fee discounts available for the native tokens issued by each exchange – sometimes these discounts can be quite generous.
Bitcoin and Ethereum can be found on every exchange. However, the competition between OKX and SwapSpace happens on altcoins territory. One company will actively push obscure coins for speculative gains, the other will focus on regulatory compliance and thorough listings process. This will result in two opposite approaches: a larger but riskier catalog of coins against a safer and stricter set of coins.
Liquidity is a crucial metric for both traders and investors alike. Lack of liquidity will cost you slippage – no need to pay additional fees if the market conditions won't allow you to execute your trades profitably. Luckily for both platforms, the most common trade sizes in standard retail instruments see enough trading volume and narrow spreads.
There is no place for anonymous trading anymore. Both exchanges require KYC verification, which will unlock the possibility of withdrawing larger amounts and using various advanced derivatives.
Nevertheless, the real issue here is geography rather than personal data – due to legal licensing requirements, one of the exchanges may be blocked in your region.
No one likes sitting on a passive portfolio. Nowadays, every cryptocurrency exchange serves as a bank. Various savings programs, staking, and dual investments can provide a significant yield for any portfolio holder. Advertised APY rates vary depending on market demand but check if you will lose money on withdrawal from locked coins if necessary.
Kyc varies |
Tiered |
Kyc varies |
Live Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentIn modern times, reputation is everything in crypto. When choosing between two options for your investment portfolio, pay close attention to the security track record. Do they publish regular proof of reserves? Do they keep most of the user funds in offline cold storage? If an exchange managed to overcome some kind of hack or incident before and compensate users – it's usually the better option.
It's difficult to find a truly universal "one fits all" approach to exchanges. In case of OKX vs SwapSpace comparison, the winning choice is quite clear – you should use whichever exchange offers more obscure altcoins you wish to trade. Or maybe you're getting discounted fees for your trading tier at SwapSpace? In any case, run the calculations yourself and choose the winner.
Cryptogeek.info publishes independent, factual comparisons. Our ratings are not influenced by commercial relationships.
