Review on OKCoin by Olugbenga Ajayi
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 strong bank level SSL encryption. It also has good analytic tools that support profitable trading.
There are different verification levels on this exchange and each level opens user to different levels of opportunities. In addition, users also enjoy good customer care whichis provided with email and live chat.
However the exchange is more popular among the Asian countries and the issue of registration could be a negative issue for those who are inclined to trading only on regulated exchanges.
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
