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OKCoin Review

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Revainrating 3.5 out of 5  
Rating 
3.4
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Description of OKCoin

What Is Okcoin? Founded in 2013, Okcoin is a US-headquartered cryptocurrency exchange serving 190+ countries and territories. The platform enables retail and institutional investors to purchase digital assets using local currencies, with a mission to make crypto easy for everyone, including first-time buyers. Okcoin was the first centralized exchange to offer direct entry into decentralized finance (DeFi) with Earn, a tool for earning APY through decentralized lending, liquidity pools, staking, and more. In addition, Okcoin offers institutional trading tools and APIs to asset managers, venture capital and hedge funds, retail brokers, payment processors, and more. Buy crypto: https://www.okcoin.com/buy Earn crypto: https://www.okcoin.com/earn Developer grants: https://developergrant.okcoin.com Mobile apps: https://www.okcoin.com/mobile Who Are the Founders of Okcoin? The global crypto exchange is the brainchild of Mingxing Xu, aka Star Xu. Born on 3rd April 1987, Xu obtained a Bachelor’s degree in Applied Physics from the University of Science and Technology Beijing in 2006. He has a background in technology management, including stints at Alibaba and Yahoo, where he worked on developing search algorithms. He was also the CTO of DocIn.com, China’s largest document-sharing service. When Did Okcoin Launch? Okcoin was founded in 2013. In July 2018, the company expanded into the U.S. market after filing a money service business (MSB) registration with the U.S. Financial Crimes Enforcement Network (FinCEN) in November 2017. Where Is Okcoin Located? The crypto exchange has its headquarters in San Francisco, with other global offices in Japan, Hong Kong, Malta, Singapore, and Miami. Okcoin Restricted Countries Customers in 192 countries can access the services of the trading platform. U.S. residents can only use Okcoin through Okcoin USA. The trading service is currently restricted in regions like Hawaii, Nevada, New York, West Virginia, and all U.S. territories other than Puerto Rico. Furthermore, its services are halted in regions that are sanctioned by the U.S., including Cuba, Iran, North Korea, Crimea, Sudan, and Syria. What Coins Are Supported on Okcoin? The platform supports 76 coins and four fiat currencies, including popular assets like USD, EUR, BTC, ETH, XRP, LTC, SOL, and DOGE. Although the exchange does not offer as many cryptocurrency assets as its competitors, it makes up for it with advanced trade types. How Much Are Okcoin Fees? The company offers a tiered fee structure ranging from 0% to 0.20%, based on a user’s 30-day trading volume. While maker fees vary from 0% to 0.10%, taker fees are between 0.02% and 0.20%. Is It Possible To Use Leverage or Margin Trading on Okcoin? Traders can use margin to trade with up to 3x leverage on the exchange. What new local currencies can I use to buy and sell crypto? You will soon be able to use EUR to transact on Okcoin. Also, if your credit or debit card supports EUR, GBP, CAD, AUD, BRL, SGD, or HKD, you will be able to purchase crypto in your local currency and reduce foreign exchange fees.
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Reviews

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Type of review

Revainrating 4 out of 5

My second-favorite Crypto exchange

First: I'm a U.S. resident. That limits the Crypto exchanges I can use. No international Binance or Kucoin for me. Second: my favorite Crypto exchange is Binance U.S. Great rep and very low fees if you use the native BNB tokens. But there are several varieties of Crypto that I trade on OKCoin. Why? Reason #1: Because I'm small-time, dealing in relatively small values of Crypto, and OKCoin allows you to trade in values of Crypto that are much smaller and much more precise than Binance U.S.…

Pros
  • Pros (compared to Binance US): - You can make smaller trades and more precisely set the value of trades - Several high-interest varieties of Crypto not traded on Binance US are traded at OKCoin - A posted trade can be "edited". Let's say you set up a Limit Buy for $0.00100 Bitcoin at US$20,000, and then you decide - before the trade is accomplished - that it looks like Bitcoin is going to drop a lot more than the set limit. You would like to increase the Crypto buy amount and decrease the limit price. Instead of having to find that trade, cancel that trade and create a new trade, you can find that trade and edit both the amount of Cryto to trade and the limit at which to trade. - For new users, a Bitcoin sign-on bonus. Yes, they really pay out the bonus.
Cons
  • Cons (compared to Binance US) - Slightly higher transaction fees - Slightly clunky interface. I especially like the Binance US "Wallet" page, which shows you how much of each asset you have and how much of each asset is tied up in trades. OKCoin does not have this feature. - Headquarters in China, not US (though somewhere I have read that they have local US headquarters in San Francisco to serve the more strictly-regulated US market)

Revainrating 4 out of 5

Okcoin is an extremely enormous trade with noteworthy liquidity

Okcoin is an exceptionally large digital money trade that has been in presence since 2013. It was set up by Star Xu. The trade has most major cryptographic money on its market like Bitcoin, Bitcoin cash, ethereum and ethereum exemplary. The trade isn't yet directed however this has not in any case influenced its business. The trade has acquired the trust of its financial backers throughout the long term.  The trade is known for high liquidity and security. Other than the utilizatio

Pros
  • It is gotten with undeniable degree of SSL encryption and cold stockpiling
  • There is downloadable versatile application for exchanging in a hurry
  • It gives client care through email and live visit
  • There are diverse request types and numerous insightful instruments for productive exchanging
  • Expenses are inside the business standard
Cons
  • The trade isn't yet managed

Revainrating 4 out of 5

Okcoin: Digital fund transactions that allow buyers to raise money.

Okcoin, cryptocurrency trading, traders and dealers, of course, buy and sell computerized types of money as we know it. That kcoin is an important established currency trade that has been going on since 2013. Made by Star Xu. Some have created money types in their market, such as Bitcoin, Bitcoin in cash, on-air and on-air. Aa hasn’t been limited yet, but that hasn’t had any impact on his work. Aa has long won the trust of cash allies. Another method other than Okcoin is through STX Stacking…

Pros
  • We can get crypto banks quickly.
  • Gold has a small software downloadable for purchase.
  • The customer support team is very fast.
  • Very good liquidity power on your platform.
  • Very good deals in deals.
  • With this platform, more than 100 states have every opportunity to end the market.
Cons
  • But it unites 30 trading pairs, with only a certain amount of gold coins per exchange.
  • Other coins are not enough.

Revainrating 3 out of 5

My vision of the Okcoin exchange

Cryptocurrency exchange Okcoin is a good trading portal for large investors. Here, the crypt is much more expensive than on other platforms, which causes more interest in making money here. There are not so many coins in circulation, which is frustrating - one could add, users will appreciate it. The interface is simple and clear, but the language support is weak, only English - because of this, some functions located on the site may not be clear to everyone. As far as security is concerned…

Pros
  • Reliable security system
  • Easy and fast exchange
  • Profitable place, high crypto prices
  • Technical user support is good
Cons
  • Few languages provided to choose how to use the site
  • Few coins in circulation, boring
  • Some functions of the site are not clear

Revainrating 3 out of 5

Okcoin mercantilism cryptocurrencies relative new market

The mercantilism of cryptocurrencies may be a relatively new market. The cryptocurrency market became famous after the launch of Bitcoin in 2009, which is one of the most popular and most popular digital currencies in the world. Mercantilism is usually problematic in exchanges that specialize in cryptocurrencies, especially for beginners, the market has responded. As more and more investors regard cryptocurrency as a viable investment, many products and services related to digital currency…

Pros
  • Viable investment
Cons
  • Increase pressure in regulatory

Revainrating 2 out of 5

OKCoin: It is situated in China and has a subsequent brand.

That kcoin is the fundamental advanced cash exchange that has been around since 2013. Made by Star Xu. Exchanging has major advanced monetary forms in its market, for example, Bitcoin, Bitcoin cash, ethereum and ethereum. The exchange has not yet been precluded, yet this has had no impact on his business. The exchange has procured the trust of monetary supporters for quite a long time. Another methodology from Okcoin is through Stacking STX. To fund-raise, you exchange STX for a specific timef

Pros
  • you can open a corporate record or individual record.
Cons
  • The language is little.

Revainrating 2 out of 5

It is located in China and has a second brand.

That kcoin is the main digital currency trade that has been around since 2013. Created by Star Xu. Trading has major digital currencies in its market, such as Bitcoin, Bitcoin cash, ethereum and ethereum. The trade has not yet been ruled out, but this has had no effect on his business. The trade has earned the trust of financial backers for years. Another approach from Okcoin is through Stacking STX. To raise money, you trade STX for a certain period of time to help secure the organization, and

Pros
  • you can open a corporate account or personal account.
Cons
  • The language is small.

Revainrating 4 out of 5

Okcoin: A Digital money Trade That Permits Clients Acquire Through Stacking.

Okcoin is a cryptographic money trade where dealers and vendors purchase and sell advanced monetary forms, we as a whole know this as of now. My first experience with the Okcoin trade was because of a STX airdrop program that is still presently highlighted on the trade. I've never caught wind of this trade until the airdrop program which pulled in me, then, at that point I enrolled on the trade. To be a piece of the airdrop program, you must be an enlisted client of the Okcoin trade,

Pros
  • Okcoin trade includes an airdrop program that can assist with expanding clients portfolios.
  • Enlistment is very simple, you just need your email address in spite of the fact that you need to check your personality to utilize the trade.
  • It's anything but a cycle called stacking, which is another approach to procure and expand ones resources.
Cons
  • Despite the fact that it highlights 30 exchanging sets, there are a couple altcoins recorded on the trade.

Revainrating 4 out of 5

It has highlights that appear to be confounded contrasted with different trades.

In contrast to different trades, this trade, whose fundamental center is retail clients, isn't extremely beneficial for little financial backers. The plan and utilization of the trade is basic. Nonetheless, utilizing certain highlights can be confounding. Since you can see that the language support is practically nothing. We can purchase well known monetary standards like LTC with the world acclaimed dollar. Obviously, the present circumstance is found in most stock trades. Be that as it…

Pros
  • simple to utilize interface.
  • upholds numerous well known monetary standards.
  • We can purchase crypto quickly through banks.
  • the client service group is extremely quick.
  • developing step by step.
Cons
  • The site has befuddling articles.
  • a few nations are unavailable.

Revainrating 4 out of 5

Okcoin is a very large exchange with impressive liquidity

Okcoin is a very big crypto currency exchange that has been in existence since 2013. It was established by Star Xu. The exchange has most major crypto currency on its market like Bitcoin, Bitcoin cash, ethereum and ethereum classic. The exchange is not yet regulated but this has not in anyway affected its business. The exchange has earned the trust of its investors over the years. The exchange is known for high liquidity and security. Besides the use of cold storage, it also make use of…

Pros
  • It is secured with high level of SSL encryption and cold storage
  • There is downloadable mobile app for trading on the go
  • It provides customer care via email and live chat
  • There are different order types and many analytical tools for profitable trading
  • Fees are within the industry standard
Cons
  • The exchange is not yet regulated

Revainrating 4 out of 5

Okcoin: A Cryptocurrency Exchange That Allows Users Earn Through Stacking.

Okcoin is a cryptocurrency exchange where traders and merchants buy and sell digital currencies, we all know this already. My first encounter with the Okcoin exchange was as a result of a STX airdrop program that is still currently featured on the exchange. I've never heard about this exchange until the airdrop program which attracted me, then I registered on the exchange. To be a part of the airdrop program, you have to be a registered user of the Okcoin exchange, completed your verification

Pros
  • Okcoin exchange features an airdrop program that can help increase users portfolios.
  • Registration is quite easy, you only need your email address although you need to verify your identity to use the exchange.
  • It features a process called stacking, which is another way to earn and increase ones assets.
Cons
  • Even though it features 30 trading pairs, there are only a few altcoins listed on the exchange.

Revainrating 3 out of 5

It has features that seem complicated compared to other exchanges.

Unlike other exchanges, this exchange, whose main focus is retail customers, is not very advantageous for small investors. The design and use of the exchange is very simple. However, using certain features can be confusing. Because you can see that the language support is very little. We can buy popular currencies such as LTC with the world famous dollar. Of course, this situation is found in most stock exchanges. However, it looks more profitable compared to other exchanges. The value of…

Pros
  • easy to use interface.
  • supports many popular currencies.
  • We can buy crypto instantly through banks.
  • the customer support team is very fast.
  • growing day by day.
Cons
  • The website has confusing articles.
  • some countries are out of service.
  • language support seems very little.
  • There are very few alternative coins.

Revainrating 5 out of 5

OKCoin

Okcoin is known as the largest bitcoin exchange in the world, which makes this network a competitive platform in the digital market, however it is mostly in the Chinese market, but the company claims an expansion close to abroad for this Having more users available to this platform in order to undertake or explore the broadest and crypto market, it should be noted that previously it was quite difficult to verify on this network, however thanks to the different updates made users can be verified

Pros
  • Very good liquidity stability on your platform
  • characteristically quite technologically supportive in terms of advanced trading options…
  • The best market rates
  • definitely an excellent excharge especially for asian users
Cons
  • high inflation in btc volumes
  • many times foreign businesses have difficulty with verification

Revainrating 2 out of 5

OKCoin

OKCoin It is one of the most popular platforms in the Asian region, mainly in China, offering services to a reduced number of users, it has excellent liquidity in cryptocurrencies main in the world market like bitcoin, litecoin and ethereum. This platform has excellent security with multiple forms of verification when entering as it provides Full access to passwords, this platform has a very attractive interface in its design and very easy to handle almost intuitively. this platform focuses on

Pros
  • Good services in transactions
  • Easy to use
  • Low rates
Cons
  • Nothing for me

Revainrating 4 out of 5

Okcoin

OKCoin this is a very popular cryptocurrency exchange platform specialized in trading Bitcoin, but even so you can trade currencies such as Litecoin, Ethereum and it is very feasible for users to trade with this platform, this means that this exchange works with the Four most important digital currencies in the world, it offers great liquidity at the time of trading, which makes it very attractive, and the number of transactions it makes per day is very good. It offers an excellent interface…

Pros
  • works with the 4 leading currencies in the digital world market
  • more than 100 countries can market with this platform
Cons
  • No comment so far.

Revainrating 5 out of 5

OKCoin is based in China and also has a second brand.

OKCoin is the largest Chinese cryptocurrency exchange, which is mainly oriented towards the domestic market. The company targets retail customers, while also providing another brand OKEX, for the more sophisticated traders. Trading volumes and liquidity for the major coins are quite high. Here is a summary of the pros and cons.

Pros
  • No major hacks yet .
  • Accepts CNY payments.
  • Competitive commissions.
  • Has another brand for sophisticated traders .
Cons
  • Trading against CYN.
  • Few altcoins available.
  • Does not accept US clients.

Revainrating 4 out of 5

OKCoin Exchange

OKCoin is one of the most used asset exchanges worldwide. It is available in more than 100 countries. OKCoin has on its platform the negotiation of Fiat to token, one of the characteristics most sought by users of digital currency exchanges. In this exchange you can get the most popular cryptocurrencies such as BTC, ETH, LTC, in addition to the least known ones on the market with its large list of available currencies. OKCoin has been working since 2013 and has offices in San Franscisco, China

Pros
  • withdrawals through bank transfers totally free in the banks available on the platform.
  • low withdrawal rates.
  • large list of accepted currencies
  • more than 100 countries can trade on OKCoin
Cons
  • withdrawal verification can be very complex

Revainrating 3 out of 5

OKCoin

OKCoin is an exchange platform that was founded in China in 2013, OKCoin is one of the largest exchange platforms in the world. You can trade several crypto currencies. The Hong Kong-based platform offers support through efficient customer service. OKCoin is suitable for all types of investors and offers good features. Transactions are made quickly and easily with the sole purpose of providing the best user experience.

Pros
  • low fees
  • clean interface
Cons
  • None

Revainrating 3 out of 5

It is one of the biggest Bitcoin exchanges.

It is the popular Chinese cryptocurrency exchange, mainly targeting the domestic market. The company targets retail customers while providing another brand for more sophisticated merchants. The volume and liquidity of the trades are quite high for the main currency.

Pros
  • Comparatively good trading platform.
  • It has another brand for traders.
  • Competitive commissions.
  • No major hacks yet.
Cons
  • Few altcoins available.
  • Does not accept US clients.

Revainrating 4 out of 5

Leading Global Digital Asset Exchange - OKCoin

OKCoin is an excellent exchange for the advanced trading of some of the most popular cryptocurrencies on the market. The exchange is highly liquid and is trusted by many people from all over the world. The OKCoin trading platform is very responsive and beautifully designed. It also offers advanced trading types and features for experienced traders. OKCoin is the perfect exchange for experienced traders as they offer traders a variety of advanced trade types. Traders can participate in margin

Pros
  • Okcoin exchange have Very high liquidity for trading.
  • We Can trade on Margin and in Futures markets by Okcoin exchange.
  • Okcoin trading fees is very Low and competitive.
  • Okcoin has Advanced trading platform and advanced interface.
  • Okcoin exchange supports Fiat currency deposits and withdrawals
Cons
  • Okcoin exchange requires ID Verification for withdrawals
  • Okcoin have a small variety of tradeable cryptocurrency assets.