Review on OKEx by Killer Bean
Trading on OKEx.....
This is an exchange built entirely on blockchain technology, it was founded in 2017. It is an internationally recognised exchange, trading over 200 cryptocurrencies( like Bitcoin, Ethereum and so many other coins). OKEx has an edge over some other exchanges because of the liquidiy it offers, this liquidity has attracted alot of investors and traders like me. I have been trading on this platform for about two months, although not actively. This exchange is very easy to use, although i found it initially hard to use nit until I watched the tutorial video. Creating my account on OKEx was very stressful, after presenting my passport for verification, it was rejected twice( and each verification took me an hour to complete). OKEx allows for deposits via credit card, bank transfer and cryptocurrencies. The good part of OKEx is the fact that it allowed me to lend out my coins for a while with a little added interest which was my profit. This exchange comes with a mobile app which can be downloaded from google playstore. When I downloaded mine, It was more like waste of data. The app jept logging me out, telling me that my login session had expired. The app isnt even optimised for Android yet. Most of the times, the peices of the cryptocoins given are usually incorrect. OKEx needs alot of improvement on the app. The customer service offered by the support group isn't enough and it needs to be worked on
Pros
- The website/app version have a nice interface
- The exchange has its own inbuilt wallet
- It is a highly liquid exchange platform
- They charge relatively low fees for trading
- It offers trading at international level
- It trades a lot of cryptocoins like Ethereum and Bitcoin
- It allows for leverage trading
Cons
- Verification process is long
- It requires some personal details which users might not want to give out
- The inbuilt wallet is very faulty
- The android app isn't for every Android devices as it hangs alot
- It is still a new platform, hence it cannot be trusted like other pre-existing platforms
New products
Comments (3)
February 08, 2021
Thanks you both for the compliment, thanks thalhat for the compliment. I need to also make an update like thalhat has Said, thanks for the comment again though. OKEx is a very nice exchange to trade on
February 08, 2021
Thank you Navruza for the compliment, I hope to keep writing more good reviews as time goes on. I also need to make one or two updates very soon. Trading on Okex has its good and bad side
February 07, 2021
You wrote a really descriptive review about the stock market. I am also reviewing this stock exchange right now and will share my views soon. I hope it will be a useful post like yours. Good luck.
