January 18, 2024
Does OKX have an API?
Yes, OKX does have an API that supports various trading functionalities and data access. However, an alternative to using OKX's public API is to use the Mesh API, which has built integrations with OKX, along with 300+ other digital asset exchanges and wallets. This enables developers to build products that seamlessly link to multiple platforms via one integration, making it a more comprehensive option.
About OKX
OKX, founded by Star Xu in 2017, is a leading crypto exchange, app, and wallet based in Victoria, Beau Vallon, Seychelles. As the second largest global crypto exchange by trading volume, OKX offers a wide range of services, including buying, selling, and trading over 350 tokens with 100+ local currencies. Catering to over 50 million global users, OKX is committed to innovation and providing an extensive range of crypto products and services, making it a popular choice for both individual traders and larger enterprises.
General usage
Here's a brief summary of OKX’s APIs:
- Trading APIs: These APIs are primarily used for trading-related activities. They support functionalities such as order book trading, block trading, spread trading, and copy trading, among others.
- Data APIs: These APIs allow you to access and extract data from the OKX exchange. They cover areas such as market data, public data, and trading statistics.
- Investment & Services APIs: These APIs provide access to various trading and investment services like managing trading and funding accounts, sub-accounts, and other investment services like 'Earn' and 'Status'.
Rate Limits
Here are the rate limits for OKX API:
- Public Unauthenticated REST Endpoints:
- Rate Limit Rule: Based on IP address
- Specific rate limits are not specified but vary by endpoint
- Private REST Endpoints:
- Rate Limit Rule: Based on User ID (sub-accounts have individual User IDs)
- Specific rate limits are not specified but vary by endpoint
- WebSocket Channels:
- Login and Subscription Rate Limits: Based on connection
- Order Management Rate Limits: Based on User ID (sub-accounts have individual User IDs)
- For Trading-related APIs (place order, cancel order, amend order):
- Rate limits are shared across REST and WebSocket channels
- Rate limits for placing, amending, and canceling orders are independent from each other
- Rate limits are defined on the Instrument ID level (except Options)
Authentication
This is how you authenticate your OKX API:
- Generate an API key when creating an account on OKX, and note down the key, secret, and passphrase. Choose the appropriate permissions for your API key based on your needs.
- Include the OK-ACCESS-KEY, OK-ACCESS-SIGN, OK-ACCESS-TIMESTAMP, and OK-ACCESS-PASSPHRASE headers in your private REST requests.
- Calculate the OK-ACCESS-TIMESTAMP header as the number of seconds since Unix Epoch in UTC.
- Create the OK-ACCESS-SIGN header by signing a prehash string with the SecretKey using HMAC SHA256. The prehash string should include the timestamp, method, request path, and body (if applicable).
Errors
Here are the most common API errors for OKX API:
- Error code 50011: This error indicates that the rate limit has been reached. To resolve this issue, reduce the frequency of your requests or optimize your API usage to stay within the allowed rate limits.
- Error code 50000: This error signifies a general system error. In this case, you should check the error message for more information and ensure that your request is formatted correctly and follows the API guidelines.
- Error code 51000: This error occurs when there is an issue with the API key. To troubleshoot, verify that your API key is valid, has the correct permissions, and is included in the request headers as required.
An alternative to the OKX API
Mesh offers a valuable alternative to accessing the OKX API directly, particularly for developers and businesses aiming for a streamlined and integrated user experience for cryptocurrency transactions. Here are some of the standout features of the Mesh API:
- Integrated User Experience: Mesh seamlessly embeds cryptocurrency functionalities into your app, offering a smooth user journey.
- Broad Connectivity: With a single integration, Mesh connects to over 300 brokerages, exchanges, and wallets, providing extensive flexibility and choice.
- Simplified Asset Management: The API eases the process of depositing assets, allowing transfers from various sources directly within your app for enhanced user convenience.
Start with Mesh today and experience the ease and efficiency of their cutting-edge API in your digital asset endeavors.