1 Level
9 Review
4 Karma
Review on OKEx by Sunny Lee
OKEx is one of the global cryptocurrencyexchanges offering a good number of…
OKEx is one of the global cryptocurrencyexchanges offering a good number of cryptocurrency pairs for trading and direct trading facility to and from fiat money.
It has been derived from its parent exchange named OKCoin.
The interrelationship between OKChain and OKEx is somewhat similar to that between Coinbase and GDAX. Both GDAX and OKEx are designed for the cryptocurrency traders of expert level.
Pros
- OKEx charges a trader-convenient amount as exchange and trading fee. Traders have to count only 0.1 percent of the total volume as maker and taker fee for all token-to-token trades. The charges of future trading vary from token to token ranging from 0.015 percent to 0.075 percent.
Cons
- I'm not too happy with the concept of verification as I love my anonymity For example, if the transaction limit exceeds $500,000, the user has to go through a level three verification is a must along with a video verification of that user’s identity which I don't find comfortable
