Review on OKEx by Nikolay Sadonin
Despite the popularity and a huge OKEX volume, there hasn’t been a confirmed…
Despite the popularity and a huge OKEX volume, there hasn’t been a confirmed hack yet. Back in 2017, there was a report about hackers who had allegedly stolen $3 million from OKEX, but there was a knee-jerk reaction from the company which remained unfazed and swiftly denied the accusations. OKEX’s safety measures include: cold storage with a portion of funds, secured documents with private keys, SoA encryption.
Pros
- Nice looking interface the exchange functions both as a web site with OKEX API as well as a desktop application. Apart from offering coin-to-coin operations which are typical for the majority of traditional exchanges, OKEX also allows its users to engage in fiat-to-crypto trading.
Cons
- Easy registration process and KYC verification, i don't think there is any major problem with.
