Post
Topic
Board Exchanges
Re: OKX KYC is a joke
by
Darker45
on 22/07/2025, 01:18:11 UTC
Did OKX give you the reason/s why they have to do that? Since they're asking about ROI, is it possible this has something to do with your tax responsibilities?

By the way, do you declare your cryptocurrency investments and pay their taxes accordingly?

Regardless, it's probably closing time. You've had your great moments with the exchange for more than a decade. It's probably not entirely a bitter goodbye.

The thing with centralized exchanges is that for the ones you think were smooth for you, there are a 100 or more people out there who think the exchange team was a disappointment to them at one point or the other. Cex can be frustrating, irrespective of the one used sometimes.

Exactly. And vice versa. OP might have a bad experience with OKX now, but others probably think OKX is the best exchange out here.

First time I hear of someone using OKX as a fiat exchange to be honest, but if you're already using Coinbase, then I would imagine you're from UK, EU or the U.S? If so, then maybe you should look into Kraken.

I guess what he means is he exchange coins into USDT and then use the P2P on OKX to exchange it into local currency.

Most likely, but doesn't have to convert to USDT to trade with fiat via P2P. Could be BTC, ETH, or XRP directly to fiat and vice versa.