Review on OKEx by Gabriel Medina

Name: OKEx
Item: OKEx
Rating: 3

September 06, 2020

An exchange with a good development for business

OKEx Exchange is an improvement for OKCoin. This exchange leads the world of digital currencies, provides tasteful financial services through the use of blockchain technology. Its objective is to make the blockchain eliminate barriers in each transaction and increase the efficiency of these throughout society. Its solid foundation has made experts and leading businesses in the world interested in it with its secure business services on the Internet and mobile.

These could be one of the improvements that we could highlight of your exchange platform:

The external backup is under constant supervision and security.
Limited amount of bitcoins in cold wallet as a preventive measure.
By having a private key you can transfer BTC from one address.
Next-generation encryption protocols.
Private keys have no contact with the Internet or USB.

OKEX seems difficult to use, but actually if you start to analyze it well it will be easy for you. It is one of the safest exchanges you will find and one of the fastest. It is a very useful branch that they left us after OKCoin that stopped operating a long time ago to migrate to this.
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Pros

Direct and simple interface in the trade.
Extremely fast registration that will allow us to operate in less than a few minutes with secure elements and storage strategy.
It is one of the most used platforms and this offers us great liquidity in this regard.
The platform is secure.

Cons

You cannot deposit funds in fitar money, you must buy bitcoin in another exchange. You can also use Tether (USDT) as an alternative.
It is a platform that is under development, therefore there is not much security to invest here.
The business platform is not suitable for beginners.