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18 Karma

Review on OKEx by Luyn Hoang

Revainrating 4 out of 5

The business division solicits partners for new blockchain projects and…

The business division solicits partners for new blockchain projects and provides auxiliary services, like consultation, technology, resources, and capital. This is the avenue for white paper submission and possibly token registration within the OKEx platform. OKEx is the offspring of exchange OKCoin, the brainchild of investor Star Xu. OKEx is to OKCoin as Coinbase is to GDAX – both exchange sets cater to different groups of investors. Both OKEx and GDAX are geared toward more professional cryptocurrency traders. OKEX hasn’t been the target of major hacks yet. While this brings some assurance, in terms of security, it does not guarantee this will not happen in the future.



Pros
  • OKEx has been recognized by “Live Coin Watch to be one the worlds most prominent trading exchanges for digital assets. I like this Exchange ! , there are a few advantages to having a separate piece of cryptocurrency software while the trader may be using the browser-based version. Signing up is quite easy, you can either register with a mobile number or an email. After filling the registration form you just have to verify your account.
Cons
  • OKEX is the more trading-focused version of This is also combined with the concerns about Chinese regulatory actions in the cryptocurrency space, as the country recently banned ICOs. Only USD is accepted on OKCoin.com international while no other currency but CNY may be used in the local site.

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