Verified exchange record · en-AU
Australian service with AUD bank transfers; standard retail fees are comparatively high.
Assessment
OKX serves Australian customers through a locally registered entity with a documented AUD bank transfer path, and the deposit itself is free. The trade-off sits in the trading fee: the currently published standard retail spot rate of 0.70% is materially higher than the other two calculable routes this site compares, so a free deposit does not make it the cheapest path. Card purchases run on a separate fee mechanism at a published 1.50% AUD rate, with no spot trading fee stacked on top.
Why this record differs: This record prices the card purchase and the bank-transfer-then-trade route separately, so the two different fee mechanisms are never added together.
A$1,000 into USDT
Every route is priced against the same A$1,000 scenario so the comparison is like-for-like. These are estimates for route comparison, not quotes.
1,000 × (0.00% + 0.70% + 0.10%) = $8.00
1,000 × (1.50% + 0.00% + 0.10%) = $16.00
1,000 × (0.00% + 0.70% + 0.10%) = $8.00
Components marked published come from the first-party source linked on each route; the spread is our conservative estimate, not a measurement. The full working is printed so you can recompute it from the published inputs — if you get a different number we are wrong, so please tell us. Price movement, account tiers, card issuer charges and on-chain withdrawal fees are excluded. Where a route is confirmed but priced dynamically, no number is invented in its place.
Structured record
The same values served by the JSON API, with stable field names and explicit verification dates.
okxRegulatory record
Published for every platform regardless of where it ranks on cost. This section never feeds eligibility or cost conclusions.
As of 2026-09-04 we have verified no Australian regulator action against OKX Australia Pty Ltd and no publicly reported major security incident. That means we found none, not that none exists — tell us via the contact page if we have missed something.
Disclosure only. This is not a conclusion about the platform's current compliance standing and not legal advice. The regulator's own publication governs the facts.
Questions
OKX serves Australian customers through OKX Australia Pty Ltd, which holds an AUSTRAC digital currency exchange (VASP) registration. AUSTRAC registration is anti-money-laundering and counter-terrorism-financing supervision. It confirms the entity has met registration and reporting obligations; it is not a government guarantee of the platform, of asset prices, or of any return.
Using a free AUD bank transfer, the published 0.70% standard retail spot fee and a conservative 0.10% spread estimate, the indicative total cost is about A$8.00. The card route is priced from the published 1.50% AUD card purchase fee instead, giving roughly A$16.00, and card issuer cash-advance charges are excluded from both figures.
No. Spot services for Australian retail customers come from OKX Australia Pty Ltd under its AUSTRAC registration. Derivatives are offered by OKX Australia Financial Pty Ltd under a separate Australian financial services licence and are restricted to wholesale clients. This record covers the retail spot entity only.
Evidence trail
Facts come from regulator records, exchange help centres and published fee pages, each with its own verification date.
Eligibility, funding documentation and fee schedules are normalised into one A$1,000 scenario, with published rates, conservative estimates and account-dependent items kept visibly distinct. What you can check independently: the dated first-party source behind every field (below), a calculation reproducible from published inputs, and a change log that retains superseded values. Corrections are welcome via the contact page.