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Digital Surge vs OKX

Digital Surge and OKX compared on what decides the bill for an Australian: the real cost of an AUD buy, whether there is an AUD book to trade against, and who you are contracting with.

Trade on Digital Surgedigitalsurge.com.au Trade on OKXokx.com Both links are affiliate links. They never change the ranking, the scores or the data on this page.
Digital Surge Brisbane · est 2017 · Brokerage
AUSTRAC RegisteredPast Administration (2022)AU Brokerage
Coindaily Score 72/100
digitalsurge.com.au Digital Surge homepage as served to Australian visitors
VS
OKX Global · est 2017 · AUD order book
AUSTRAC RegisteredAU Order BookGlobal · AU Entity
Coindaily Score 85/100
okx.com/en-au OKX homepage as served to Australian visitors
76
Costwhy
80
Digital Surge · 76
  • Effective cost of the default route is about 0.50% (brokerage: the spread is the cost)
  • 58% of the cost facts on our digital-surge review read as favourable
OKX · 80
  • Effective cost of the default route is about 0.15% (order book: taker plus spread)
  • 55% of the cost facts on our okx review read as favourable
21
Liquiditywhy
49
Digital Surge · 21
  • No public order book to measure: this is a brokerage that quotes you a price
  • There is no depth behind a quote, only the platform's willingness to fill it
  • Global liquidity standing 38/100 from the Coindaily exchanges table
OKX · 49
  • Crossing its AUD book costs a measured 0.185% on a A$10,000 order
  • A$89,739 of asks inside 1% of mid, top order 10% of that
  • Global liquidity standing 88/100 from the Coindaily exchanges table
60
AUD accesswhy
78
Digital Surge · 60
  • No AUD order book, so every AUD trade routes through a conversion or a quote
  • 2 documented AUD deposit rails: PayID, OSKO
  • 71% of its money-in-and-out facts read as favourable
OKX · 78
  • Its AUD book is real and measurable: BTC/AUD at a 0.355% touch spread
  • 2 documented AUD deposit rails: PayID, Bank
  • 63% of its money-in-and-out facts read as favourable
45
Trust & regulationwhy
86
Digital Surge · 45
  • AUSTRAC-registered, and holds no AFSL
  • 42% of its custody and regulation facts read as favourable
  • Operating since 2017
OKX · 86
  • AUSTRAC-registered, and holds or sits under an AFSL
  • 78% of its custody and regulation facts read as favourable
  • Operating since 2017
82
Asset rangewhy
80
Digital Surge · 82
  • 400 assets listed
  • 62% of its what-you-can-trade facts read as favourable
  • Not every listed asset is reachable in AUD
OKX · 80
  • 330 assets listed
  • 61% of its what-you-can-trade facts read as favourable
  • Not every listed asset is reachable in AUD
87
Features & supportwhy
84
Digital Surge · 87
  • 82% of its trading, support and tax facts read as favourable
  • Drawn from 24 sourced facts across three sections
  • Scored on what is documented, not on marketing claims
OKX · 84
  • 79% of its trading, support and tax facts read as favourable
  • Drawn from 23 sourced facts across three sections
  • Scored on what is documented, not on marketing claims
OKX leads 4 of the 6 pillars. Scores are the desk's assessment of the evidence on this page, judged for an Australian buying in Australian dollars.
The Coindaily Score above ranks a venue globally: liquidity, cost and standing across every market it runs. The six pillars re-weight the same evidence for one specific job, an Australian funding an account in AUD. That is why a venue with a lower headline score can win pillars here. Full method on the exchanges table.

What a trade actually costs

Cost calculator

Three costs kept apart, because they are not the same thing: the published trading fee, the AUD conversion a venue with no AUD book forces on you, and the measured cost of crossing its order book. Click any route for the detail.

Scenario
RouteTrading feeAUD conversionCrossing the bookAll inOn A$1,000

Execution. Priced by quote, not a book. The margin is inside the rate you are shown.

A brokerage prices the spread into the quote, so the spread is the cost.

Execution. This platform publishes no route below its quoted price.

Where a platform runs a cheaper order book, it appears here. This one does not.

Execution. Crosses its own AUD book, measured below.

Taker rate plus the measured cost of crossing the book.

Execution. Posting rather than taking avoids the crossing cost entirely.

You pay the maker rate and no spread, at the price of an uncertain fill.

On A$1,000 bought and held, the lowest all in cost is OKX · PayID, then post a limit order at A$0.80, of which 0% is crossing the book, not fee. That is A$4.20 below the dearest default route, about 6.2× cheaper.

The books behind those numbers

Both sides of both public books, walked 26 July 2026. Top order is the share of that side held by a single resting order: depth that is one order can leave. Anything above 25% of visible depth is marked too big rather than given a price it would not get.
VenueDepthTop orderA$1kA$5kA$10kA$25kA$50kA$100k
OKXbuying A$90k 10%0.179%0.184%0.185%too bigtoo bigtoo big
OKXselling A$100k 18%0.177%0.177%0.177%too bigtoo bigtoo big
Trading fees are the platforms' own published rates. Crossing costs are walked from the live order book. The AUD conversion is the one figure here we cannot verify from a public book, so it is modelled from the exchanges table and marked with a dotted underline; it is also the number that decides the Binance result, so treat it as an estimate rather than a quote. It applies only from an AUD start: if you already hold USDT, ignore that column and Binance's cheap route is 0.075%. Posting a limit order avoids the crossing cost at the price of an uncertain fill. Network fees are excluded, they depend on the chain rather than the venue.

Which one is for you

Choose
Digital Surge
  • Chose repayment over liquidation after FTX - rare follow-through
  • Simple, clean AU brokerage with good rails
  • Wide asset range for a small venue
But go in knowing
  • 2022 administration is a permanent counterparty-risk lesson
  • Brokerage spreads around 0.5% each way
  • Smallest scale of the platforms listed here
Choose
OKX
  • Proper AU entity with local rails (post-2023 rarity among global venues)
  • Deep liquidity and low fees
  • Modern tooling
But go in knowing
  • Short Australian track record
  • Derivatives wholesale-only for AU
  • Support is global, not local-first
The call

For an AUD buy, OKX. Past that it depends on what you are doing.

These two are scored here for one job: an Australian funding an account in Australian dollars. The pillars above re-weight the same evidence for that reader, which is why they can disagree with the global Coindaily Score.

Buying with Australian dollars
OKX
Its default route lands at about 0.1% all in, against 0.5% on Digital Surge.
You want to trade against AUD directly
OKX
We could walk its live AUD book. Digital Surge has none, so AUD converts first.
You want the stronger regulatory standing
OKX
Scores 86 against 45 on licensing, custody and enforcement history.
Tooling, tax reporting and support
Digital Surge
Scores 87 against 84 across trading features, support and tax.
What would change it

Order book depth is the least stable figure on this page and the easiest to re-check: the measurements here are a single snapshot. Fees and licence conditions change too, so click through to a source on any row that matters to your decision.

Common questions

Is Digital Surge or OKX cheaper in Australia?

On the default route each one puts in front of you, OKX. It lands at about 0.1% all in against 0.5%. Those figures are the published fee plus, where the platform has no AUD order book, the cost of converting Australian dollars first. Where we could walk a live book, the measured cost of crossing it is included too.

Which has better execution, Digital Surge or OKX?

OKX is the only one of the two with a public AUD order book we could measure. It shows a 0.355% touch spread with A$89,739 of asks inside 1% of mid. Digital Surge gives an Australian no AUD book to execute against, so the price you get is a quote or the result of a conversion.

Which is more regulated, Digital Surge or OKX?

Both are on the AUSTRAC register. On our trust pillar, which weighs licensing, custody, audits and enforcement history from the sourced facts on each review, Digital Surge scores 45 and OKX scores 86. AUSTRAC registration is anti-money-laundering registration, not a financial services licence, and it says nothing about whether your balance is protected.

Which lists more assets, Digital Surge or OKX?

Digital Surge scores 82 and OKX scores 80 on asset range, which counts what is listed and weighs how much of it is actually reachable in Australian dollars. A large catalogue priced only against USDT is worth less to an Australian buyer than a smaller one priced in AUD.

Can I use both Digital Surge and OKX?

Yes, and plenty of Australians do: one platform as the AUD door, the other as the trading venue. Moving crypto between them costs a network fee, so it is only worth the extra step if the fee gap covers it. Both report to AUSTRAC and the ATO's data matching program either way.

Every fact we hold, side by side

All 154 researched facts from the Digital Surge and OKX reviews, grouped by the ten sections both pages share. Rows are shown as each platform documents them rather than forced into shared labels, so nothing is re-interpreted on the way here. Every row keeps its own source.

Section
Digital Surge
OKX
What it costsTrading fees, subscriptions, deposits and withdrawals 8 vs 8 facts
AUD deposit feeWhat it costs to move Australian dollars onto the platform.
$0Free for both PayID and standard bank transfer
No OKX feeYour bank may still charge
AUD withdrawal feeWhat it costs to move Australian dollars back to your bank.
$0Digital Surge states there are no fees on AUD withdrawals
No OKX feeBank fees may apply
Standard trading feeThe rate you pay before any volume discount kicks in. It applies to buys, sells and swaps.
0.5%Digital Surge describes 0.5% as the standard rate for users who have not reached a higher volume tier
Best advertised trading feeThe floor of the volume-based schedule, reached only by high volume traders.
0.1%The headline "fees from 0.1%" on the fees page is the bottom tier, not the rate a new account pays
How the discount worksFees step down automatically based on your trading volume, with nothing to opt into.
Rolling 30-day volumeAutomated volume-based fees were introduced in January 2026 and apply to buys, sells, swaps, trigger orders and recurring buys
Crypto to crypto swapsWhether swapping one coin for another costs you two trades or one.
Single trading feeDigital Surge charges one fee on a swap rather than a sell plus a buy
Crypto withdrawal feesA flat per-asset fee charged when you send coins off the platform.
0.00003 BTC, 0.00013 ETH, 1 USDT, 0.01 SOL, 0.2 XRPPublished on a live fee table that Digital Surge notes is subject to change
Card depositsWhether you can fund with a debit or credit card, which usually carries a surcharge.
Not offeredFunding is bank transfer, PayID or crypto only, so there is no card surcharge to worry about
Spot trading fee (standard)The rate a new verified account pays on the order book before any volume or OKB discount.
0.08% maker / 0.10% takerLv1 regular user
Fee tiersTwo separate ladders - a regular-user ladder driven by 30-day volume or OKB holdings, and a VIP ladder for larger traders. Upgrades apply automatically.
Tiered, no application neededLive table on the OKX fee page
Where the current schedule livesOKX publishes the full maker/taker matrix on one page and changes it without notice, so check it before sizing a trade.
okx.com/en-au/fees
Crypto deposit feeSending coins in from another wallet or exchange.
Free
Crypto withdrawal feeOKX charges a per-asset network fee that moves with chain congestion. There is no flat published rate - the figure is shown on the withdrawal screen for the coin and amount you pick.
Variable network feeQuoted at withdrawal
Trading bot feeGrid, DCA, TWAP and Iceberg bots cost nothing to create - but every fill inside them pays the normal maker/taker fee, which compounds on high-frequency strategies.
Free to run, trades still charged
Limits and the costs that hideSpreads, deposit caps and charges that do not appear on a fee page 8 vs 7 facts
Fee tier tableThe volume thresholds that decide which fee you actually pay.
Not published publiclyThe help centre explains the mechanism but directs you to your own profile to see your current tier, so you cannot compare tiers before signing up
SpreadThe gap between the price you get and the market mid price. This is where brokerage-style platforms make quiet money.
Not quantifiedDigital Surge markets "tight spreads" and criticises rivals for hiding costs in spreads, but publishes no spread figure of its own
Crypto withdrawal fee is inclusiveHow the network fee is taken out of a send.
Deducted from the amount you enterEnter 0.05 BTC with a 0.00003 BTC fee and the destination receives 0.04997 BTC
Network fee mark-upWhether the withdrawal fee is the true chain cost or includes a margin.
Not disclosedDigital Surge shows the exact fee before you confirm but does not say whether it passes the network cost through at cost
Maximum single orderThe cap on one instant buy or sell.
Up to $100,000 AUD per transactionVaries by asset, and you can place as many instant orders as you like
Daily AUD limit, personal accountsHow much cash can move in or out of a personal account in a day.
$20,000 per dayApplies to both deposits and withdrawals
Daily AUD limit, corporate accountsThe higher cap for SMSF, business and trust accounts.
$50,000 per dayCovers SMSF, business and trust structures
Limit increase requestsThe rule that governs how often you can ask for more headroom.
One request per 30 daysYou can request either a limit increase or the enabling of crypto sends in a 30-day window, not both
Card deposit costVisa and Mastercard deposits are accepted from Australian-issued cards only. OKX does not publish a flat rate - it states fees vary by country of residence and are shown at checkout.
Not published upfrontDisclosed at deposit
AUD deposit and withdrawal capsLimits apply per transaction and per day, week or month, set to meet local regulation. The remaining allowance is shown against each payment method rather than published as a schedule.
Account-specific, shown in app
Raising your limitsYou request an increase under Manage Limits and answer four questions covering industry, source of funds, expected deposit size and reason. Free to lodge, and you can resubmit if refused.
Review within 1 business dayApproval not guaranteed
On-chain Earn service feeOKX takes a cut of staking and DeFi rewards. It is already netted out of the advertised APY, so the headline rate is what you receive, not the gross yield.
20% of rewardsBuilt into quoted APY
Rejected funding routesOnly local Australian banks work. Transfers from Wise, Revolut, other cross-border payment services or from a crypto exchange are bounced, as are any deposits not in your own name.
Third-party and offshore transfers rejected
Thin AUD order booksOnly nine pairs quote directly against AUD. Everything else routes through USDT or USDC, so you wear a conversion leg and its spread on top of the trading fee.
Most assets need a stablecoin hop
Withdrawal fee deduction methodDepending on your app version, the network fee comes out of your balance first or off the withdrawal amount itself - so the figure that lands can differ from the figure you typed.
Varies by app version
What you can tradeAssets, Australian dollar pairs, staking and derivatives 7 vs 8 facts
Staking and earnWhether you can earn yield on holdings inside the platform.
Not part of the current feature setDigital Surge previously ran an Earn product, but staking does not appear among its listed trading features today. Confirm with support before relying on it
Simple Earn and On-chain EarnAPYs vary by token
Assets listedHow many coins you can buy, sell and swap.
400 plusDigital Surge advertises over 400 cryptocurrencies across its site and help centre
Australian dollar pairsWhether you trade directly against AUD or have to route through a stablecoin.
Direct AUD buy and sell on listed assetsBuying converts AUD to crypto and selling converts crypto back to AUD without an intermediate leg
Crypto to crypto swapsDirect coin-for-coin trades without cashing out to AUD.
SupportedCharged as one trade rather than two
Asset categoriesHow the listings are grouped for browsing.
AI, DeFi, gaming, Layer 1, meme, metaverse, NFT, RWACategory browsing is built into the platform
Derivatives, margin and leverageWhether you can trade with borrowed money or take short positions.
Not offeredThe platform offers instant orders, trigger orders and recurring buys only
Fiat currencies acceptedWhich national currencies you can fund with.
Australian dollars onlyFunding is AUD via PayID or bank transfer, or a crypto transfer in
Direct AUD pairsBTC, ETH, SOL, XRP, USDT, USDC, TRUMP plus the two AUD stablecoins all quote against AUD.
9 AUD spot pairsObserved July 2026
AUD stablecoinsOKX listed Forte AUD (AUDF) and Macropod AUDM for spot trading, including AUDF/AUD and AUDM/AUD books.
AUDF and AUDM, listed 22 April 2026
Total assetsOKX Australia reported 285 tokens across 511 crypto pairs in its Responsibility Report, up from 85 tokens and 170 pairs at the May 2024 launch.
285 tokens / 511 pairsPer Responsibility Report
Derivatives for retail clientsRetail Australians can trade USDT-margined crypto perpetuals only, and only after passing suitability and knowledge assessments. Negative balance protection and disclosure documents apply.
Perpetuals at maximum 2:1After suitability and knowledge test
Derivatives for wholesale clientsFutures, options, perpetuals and margin trading sit behind the wholesale gate and trade on different leverage parameters to the retail book.
Full derivatives suiteWholesale clients only
Why leverage is cappedASIC's product intervention order limits retail CFD leverage to 2:1 where the underlying is a crypto-asset and mandates negative balance protection. It runs to 23 May 2027.
ASIC product intervention orderIn force to 23 May 2027
Auto Earn and Auto StakeThe automated yield feature bolted onto trading bots is explicitly excluded in Australia along with the EEA, the Americas, the UAE and several other markets.
Not available in Australia
How your assets are heldCustody, reserves, insurance and self-custody 8 vs 7 facts
InsuranceWhether your holdings are covered by a policy if something goes wrong.
No insuranceDigital Surge tells users their digital assets are not insured and suggests they consider obtaining their own cover
Self-funded reserve, not insuranceNo government-backed cover
Proof of reservesA published attestation that customer balances are backed one for one.
None publishedNo proof of reserves report or third party attestation appears on the security page or elsewhere on the site
Monthly - 45th report, July 2026US$23.12bn in primary assets
Who owns the coinsThe single most important line in the terms. It decides where you stand if the business fails.
Digital Surge holds legal titleThe terms state Digital Surge holds legal title to all fiat and digital assets it holds to your account
Segregation of client assetsWhether your holdings sit in an account identified as yours.
Not segregated per accountDigital Surge states account balances are not segregated on a per-account basis
Custodian statusWhether the platform holds itself out as a custodian or trustee for you.
Expressly not a custodianThe risk disclosure says Digital Surge does not provide custodial or fiduciary services and does not hold your digital assets for you or on your behalf
Assurance FundAn internal pool intended to help cover a counterparty failure.
Exists, but is not insuranceHeld in Australian dollars, sized at Digital Surge's discretion from time to time, with no guarantee it will mitigate a loss
Storage modelHow the keys are actually managed day to day.
Majority cold storage, Fireblocks MPCA dual hot and cold wallet strategy with multi-party computation key management and annual external penetration testing
Self-custody withdrawalsWhether you can move coins to your own wallet.
Supported, fee per assetCrypto sends may need to be enabled on your account first, and that request counts against the one-per-30-days rule
Reserve ratiosThe latest snapshot shows each major asset over-collateralised rather than merely matched.
BTC 105%, ETH 103%, USDT 112%July 2026 report
Verification methodOKX moved from plain Merkle trees to zk-STARK proofs, which verify total balances, the absence of negative accounts and the inclusion of every user without exposing individual balances. An open-source validator is published so you can check your own inclusion.
zk-STARK, self-verifiableOpen-source validator
Assets covered by reservesThe monthly proof covers the most heavily traded assets, not the entire listed universe - long-tail tokens sit outside it.
22 assets
Cold storageOver 95% of client crypto is held in offline wallets, with under 5% in hot wallets for day-to-day withdrawals.
Over 95% offline
Self-custodyYou can leave assets in OKX custody or withdraw to your own wallet, including OKX's own non-custodial wallet.
Supported
Who can open an accountEntity types onboarded in Australia 8 vs 7 facts
IndividualA standard personal account owned and operated by one person.
YesThe default account type
SMSFSelf-managed super funds investing in crypto through the fund.
YesA dedicated SMSF account type with its own onboarding path
TrustFamily and discretionary trusts trading in the trust's name.
YesSupports both individual and corporate trustees
Company or businessRegistered companies and organisations trading as a corporate entity.
YesRequires an ASIC company extract as part of verification
Joint accountsTwo people sharing one account, common for couples.
Not listedDigital Surge's account types article names personal, SMSF, trust and business only
Minors and under 18sAccounts held for or by children.
Not listedNo minor or custodial account type appears in the supported list
SMSF paperworkWhat you need to hand over to get a fund account open.
Full trust deed, ABN, trustee proofDigital Surge states SMSF approvals are usually completed within 24 hours
Funding source ruleWhose bank account the money is allowed to come from.
Own name onlyThird party deposits are rejected and returned
Individual accountsStandard retail onboarding with identity verification for spot trading through the AUSTRAC-registered local entity.
Yes
SMSF accountsA dedicated SMSF account type, set up separately from any personal account, with wallets tagged and recorded in the name of the fund.
Yes - purpose-builtLaunched September 2025
SMSF trustee structuresBoth individual and corporate trustee structures are onboarded, subject to complete and valid documentation including the trust deed.
Individual and corporate trustees
SMSF onboardingApplication takes under 10 minutes online, then trustee verification and trust deed review. A valid SMSF bank account must exist before onboarding so deposits can be verified.
1-3 business daysSame-day possible
Company and trust accountsInstitutional onboarding covers privately owned companies, publicly traded companies, financial institutions, government-owned enterprises, funds, family offices, non-profits and trusts, under KYB verification.
Yes - 8 entity types
SMSF account accessDesigned around a single login. Multiple trustees nominate one authorised user rather than each holding their own credentials.
Single authorised user
Wholesale client testTo unlock futures, options and full margin you must show net assets of A$2.5 million or more, or gross income of A$250,000 or more in each of the last two financial years, or qualify as a sophisticated investor.
A$2.5m net assets or A$250k incomeCorporations Act 2001 (Cth)
Trading featuresOrder types, recurring buys, tooling and access 8 vs 7 facts
API accessProgrammatic access to your account data.
Read-only API keysDocumented for connecting tax and portfolio tools rather than for algorithmic trading
Yes
Instant ordersBuy or sell straight away at the best available price.
YesRouted through Digital Surge's smart routing rather than a public order book
Trigger ordersSet a price and let the platform execute when it is hit. Used for take profit and stop loss.
YesFunds are not locked while the trigger waits, and fees apply only to trades that actually fill
Recurring buys and DCAAutomatic scheduled purchases, the feature Digital Surge is best known for.
Yes, daily, weekly or monthlyCharged at the same volume-based trading fee as any other order
Limit orders on an order bookResting orders that add liquidity and usually earn a maker discount.
NoOnly instant orders, trigger orders and recurring buys exist, so there is no maker and taker distinction
Price alertsNotifications when an asset reaches a level you care about.
YesSet per asset and delivered automatically
ChartingThe quality of the price charts you get inside the app.
TradingView powered chartsListed as a feature of the mobile app
Demo or paper tradingA practice mode to learn on before risking real money.
Not offeredNo demo account appears in Digital Surge's trading features or education material
Trailing stopA take-profit or stop-loss whose trigger price follows the market, converting to a market order once hit.
Supported
TWAPSlices a large order into smaller parcels executed at set time intervals to limit market impact.
SupportedSpot for all, futures wholesale only
IcebergShows only a fraction of a large order at a time so the rest of the book cannot see your full size.
SupportedSpot for all, futures wholesale only
Grid and DCA botsSpot grid buys and sells across a defined price range - the DCA bot averages down on each fall and targets a profitable exit.
Both availableFree to create
Recurring buysDaily, weekly, fortnightly or monthly plans that execute at the same time you created them. Three consecutive failures pause the plan automatically.
Yes - mobile app onlyNot on web
Demo tradingA paper-trading mode using live market data and virtual funds, covering spot, margin, perpetuals, futures, options and strategies. Every user gets the same full access with no tiers.
YesWeb and app
Money in and outMinimums, methods and settlement speed 8 vs 7 facts
PayID and Osko depositsThe fast rail for getting cash in.
Usually under 60 secondsSome banks may hold a first PayID deposit for up to 24 hours
Standard bank transferThe fallback if your bank does not do PayID.
1 to 2 business daysNear instant if your bank supports Osko or the New Payments Platform
Minimum depositThe smallest amount you can put in.
$20 AUDApplies to fiat deposits
Minimum AUD withdrawalThe smallest amount you can take out.
$20 AUDYour bank account links automatically after your first AUD deposit
AUD withdrawal speedHow long the cash takes to land back in your bank.
Instant on Osko and NPP banksUp to 24 hours where the bank does not support fast payments
First withdrawal delayA security hold applied the first time you cash out.
24 hour delayApplies to your first AUD withdrawal only
Cancelling a withdrawalWhether you can pull back a request after you send it.
Not possibleDigital Surge states withdrawals cannot be cancelled once submitted
Crypto depositsBringing coins in from an external wallet.
SupportedTiming depends on the blockchain network, and an AUD deposit is still needed to link your bank account
AUD deposit methodBank transfer from an Australian bank account. You select the method in-app and are given the transfer details.
Australian bank transferLocal banks only
Card depositsVisa and Mastercard credit and debit cards issued by Australian banks. Funds are tradeable immediately on completion.
Yes - instantAustralian-issued cards only
AUD withdrawal methodPayout to an Australian BSB and account number in your own name.
BSB and account transfer
Withdrawal speedMost AUD withdrawals arrive near instantly. Your first one can take longer while your bank clears the new payee.
Near instantFirst withdrawal up to 1 business day
Slower transfer typesOKX warns some bank transfer types settle far more slowly depending on the method and your bank.
Up to 5 business daysWorst case
Name matchingThe name on your OKX account must match your bank account exactly. Third-party deposits are rejected outright, which rules out funding from a partner's or company account.
Strict - must match
Minimum deposit and trade sizeOKX does not publish an AUD minimum deposit or minimum trade size in its Australian help centre - the applicable figure appears on the deposit and order screens once you are logged in.
Not publishedShown in app
Tax and reportingWhat you get at tax time, and what you do not 8 vs 8 facts
Tax software integrationsWhich crypto tax tools you can connect to.
Koinly, Syla, Summ, CoinLedger, CoinTrackingConnect by read-only API key or CSV export. Summ was formerly Crypto Tax Calculator
Koinly, CoinLedger, Crypto Tax Calculator
Capital gains reportWhether the platform itself works out what you owe.
Not produced in-platformDigital Surge relies on third party tax providers, and their full capital gains and income reports sit behind paid plans
EOFY prices statementA 30 June valuation of your holdings, useful for fund and company reporting.
Available to downloadDocumented as a standard end of financial year download
Transaction history exportThe raw data your accountant will ask for.
CSV, date range selectableAvailable alongside a downloadable account statement
BGL data sharingDirect feed into the SMSF administration software most Australian funds use.
SupportedA meaningful advantage for SMSF trustees over exchanges that require manual imports
Accountant accessLetting your adviser see the account without handing over your login.
Built-in data sharingCovers accountants and SMSF providers
Portfolio return trackingWhether the app shows realised as well as unrealised gains.
Both, and you choose the methodYou can set a preferred wallet return calculation
Australian tax guidancePlain English help on how the ATO treats crypto.
In-house guideCovers capital gains and treatment of staking rewards as income
Transaction exportFull trade and order history exportable from Orders then Trade History then Export, as a CSV you feed into tax software.
CSV export
SMSF reportingSMSF accounts get downloadable transaction history in CSV or PDF, or via API, for auditors and accountants at end of financial year.
CSV, PDF or API
API-based tax syncKoinly connects to OKX by API key rather than manual upload, and can generate an ATO myTax report for Australian users.
SupportedATO myTax report
Built-in tax reportOKX itself does not produce an ATO-ready capital gains report. It hands you raw transaction data and points you at third-party tools to do the calculation.
No native tax reportThird parties do the work
Discount codesThe promoted 30% off codes for Koinly, CoinLedger and Crypto Tax Calculator carry expiry dates that have passed - treat the page as a list of integrations, not live offers.
Advertised offers expired
Historical data limitsAPI imports do not reach the full archive - transactions older than three years must be brought in by CSV upload instead.
API covers 3 yearsOlder data by CSV
Financial adviceOKX states plainly that it is not licensed to give financial or legal advice, including on SMSF compliance or whether crypto suits your fund.
None provided
Platform and supportApps, account security and how you reach a human 8 vs 8 facts
Live chatThe fastest way to get a person.
365 days a yearAustralian-based team, with response times typically within a few minutes
24/7Typically under 3 minutes
Two-factor authenticationWhether 2FA is optional or forced.
Compulsory for all usersA second verification step is also required on withdrawals
Supported
EducationLearning material for people new to crypto.
In-house guides hubBeginner guides on blockchain, research, strategy and portfolio diversification
OKX Learn
Mobile appsNative apps for phone trading.
iOS and AndroidThe iOS app is published by Digital Surge Pty Ltd and rated 4.1 from 423 ratings on the Australian store
Android appThe Google Play listing.
AvailablePublished under the package au.com.digitalsurge
Tickets and emailThe slower channel for anything that needs a paper trail.
24/7 ticket submissionAnswered by the same Australian support team
Phone and account managersWhether you can actually speak to someone.
Specialist appointments availableYou book a time with an account manager rather than calling a general hotline. The app listing also lists phone support
Withdrawal address controlsProtection against an attacker sending your coins somewhere new.
New addresses need email confirmation and 2FAYou can also restrict external transfers entirely, and accounts can be locked instantly if unauthorised access is detected
AppsNative mobile apps plus desktop clients, alongside the browser platform.
iOS, Android, Windows, macOS
Email and ticketsTickets lodged through the help centre are answered in 2 to 24 hours - general email to support@okx.com typically takes 24 to 48 hours.
2-48 hours
Phone supportOKX does not publish a general customer service phone number, though phone support is offered as a channel for SMSF onboarding and platform navigation.
No general public numberSMSF onboarding by phone
Withdrawal allowlistWith allowlist on, withdrawals can only go to saved addresses. A New Address Lock option blocks newly added addresses for 24 hours, and each new address needs email confirmation.
Yes, with 24-hour new-address lock
Anti-phishing codeA code you set that appears in every genuine OKX email, so a message without it is immediately identifiable as fake.
Supported
Trust and regulationThe entity you are actually contracting with 8 vs 8 facts
AUSTRAC registrationThe mandatory digital currency exchange registration for Australian platforms.
Registered, number 100576214Stated in Digital Surge's own terms and conditions
Both entities registered
Australian Financial Services LicenceWhether the platform is licensed by ASIC to deal in financial products.
No AFSLThe terms state Digital Surge does not hold or operate under an AFSL and does not offer financial advice. AUSTRAC registration is an anti money laundering measure, not consumer protection
AFSL 379035Derivatives only
Legal entityThe company name on your customer agreement.
Digital Surge Pty Ltd, ACN 620 473 109ABN 89 620 473 109, an active Australian private company registered in Queensland since July 2017
Voluntary administration, December 2022The event that matters most in this platform's history.
Administrators appointed 8 December 2022Digital Surge froze customer accounts from 16 November 2022 with roughly A$33m of customer-related assets trapped in the FTX collapse. About 22,000 to 22,500 customers were affected. KordaMentha was appointed administrator
Deed of company arrangementThe rescue deal creditors voted for instead of liquidation.
Approved January 2023, signed 15 February 2023Creditors voted it up with about 90% support, backed by a A$1.25m loan from related business Digico. The exchange resumed trading rather than being wound up
What customers actually got backThe recovery rate, which is the number that matters. Customers were not made whole.
Estimated 55% of claim value, plus the rest over five yearsATO class ruling CR 2024/50 records that the DOCA provided customers and unsecured trade creditors an estimated 55% of the AUD value of their claim as at 8 December 2022. Balances under A$250 were repaid in full. The remainder was to be paid from company profits over five years
Where the DOCA stands nowWhether the company is still under external administration.
DOCA terminated, claims moved to a Creditors' TrustOn termination Digital Surge was released from participating creditors' claims and each creditor became a beneficiary of a Creditors' Trust instead. The trading company is no longer in external administration
Ownership todayWho controls the business now.
Privately held, Australian owned and operatedBrisbane based and still run by its founders. It was not acquired or absorbed by a larger group after the administration
Spot trading entityThe locally incorporated company you contract with for spot trading, registered with AUSTRAC as a digital currency exchange provider.
OKX Australia Pty LtdACN 636 269 040 / ABN 22 636 269 040
Derivatives entityA separate local company holding the financial services licence under which crypto derivatives are issued.
OKX Australia Financial Pty LtdACN 145 724 509 / ABN 14 145 724 509
Australian launchOKX opened its Australian exchange in May 2024 with 85 tokens and 170 pairs, initially offering derivatives to wholesale clients only before adding the capped retail perpetuals product.
May 2024
Retail consumer protectionsRetail derivatives clients receive mandatory disclosure documents and negative balance protection, so losses cannot exceed the funds in the trading account.
Negative balance protectionRetail derivatives clients
Overseas enforcement historySeychelles-based affiliate Aux Cayes FinTech pleaded guilty in the US in February 2025 to operating an unlicensed money transmitting business, paying roughly US$505 million in fine and forfeiture and accepting an external compliance consultant. This concerned the global platform, not the Australian entities.
US$505m US guilty plea, Feb 2025Affiliate, not the AU entities
Australian enforcement historyNo ASIC enforcement action, infringement notice or licence condition against either Australian OKX entity was found in ASIC's published media releases as at July 2026.
None foundAbsence of record, not a clearance
Checked on 26 July 2026. 12 facts happened to line up by name and are shown as single rows; the rest sit in each platform's own column. Hover a row: src opens the primary document, flags that platform's value as wrong.
VisitDigital Surgedigitalsurge.com.au VisitOKXokx.com
Registrations, licences, fees and product availability change. Check the current AUSTRAC Virtual Asset Service Provider Register and each platform's own disclosures before depositing. This page is general information only, not financial advice, and contains modelled figures where a platform does not publish a rate. Coindaily may earn a commission from links marked as such - it never changes the ranking or the data.

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