1 Level
8 Review
5 Karma
Review on OKEx by Raihan Sarker
OKEx delivers hundreds of token & futures trading pairs to help traders to…
OKEx delivers hundreds of token & futures trading pairs to help traders to optimize their strategy. With investment support from leading enterprises such as VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Giant Network Group, and many others, their solid foundation has drawn experts in technology and business from the world’s top organizations, allowing safe, stable and reliable trading services through internet and mobile solutions.
As referenced on the OKEx site, BTC futures trading has accumulated nearly $1.5B of volume daily and is recognized as the gold standard for the industry. OKEx aims to eliminate the barriers in bitcoin trading with its leading blockchain developments, increase transaction efficiency, and help to improve client experience further.
OKEx offers more than 400 trading pairs most of which are against the most well-known Bitcoin, Ethereum, or USDT. Moreover, OKEx provides own token called “OKB” in April 2018 and features many sophisticated instruments for more experienced traders such as margin trading and futures trading.
With a reported 20 million global users and $1.7 billion daily volume, OKEx has been recognized by “Live Coin Watch to be one the worlds most prominent trading exchanges for digital assets.
Where OKEX eloquently distinguishes itself from other trading exchanges is through its focus on Bitcoin and Litecoin futures. To support this, conventional trading methods on their platform only allow users to achieve 3x profit, while trading futures can support up to a 20x profit margin.
With regards to the overall flow and usability, OKEx accommodates both iOS and Android devices. From my experience, this standalone cryptocurrency exchange provides its users with an excellent and easy-to-follow platform that provides multiple monitor support and is systematically secured with bank-level SSL encryption.
OKEx ultimately allows for an excellent opportunity for professionals to dive into the world of futures contracts with minimal fees, high-security, and high liquidity.
Pros
- Buy and sell more than 100 cryptocurrencies Leverage trading and futures trading available Desktop client available Competitive trading fees Large trading volume Simple and straightforward trading interface Established company
Cons
- Futures trading is only for experienced traders and should be avoided by beginners All Country people not allowed
