Header banner
Revain logoHome Page

Reviews

Global ratings 434
  • 5
    188
  • 4
    221
  • 3
    23
  • 2
    0
  • 1
    2

Type of review

OKEx officially launched its native token OKB in April of 2018. Following the listing of OKB on OKEx’s platform, the exchange registered an increase in 24-hour trading volume and moved to the top spot on CoinMarketCap.com. The total available supply of OKB token is 1 billion. 60% of the supply (600 million) will be given to OKEx users for community building through marketing campaigns. The exchange has already given away 300 million in the OKB Red Packet and Loyalty Points Subscription…

Pros
  • OKEx Cryptocurrency Exchange, created in Hong Kong and was founded in 2004, and is one of the most popular assets right now. The company has an amazing team that includes lots of talented individuals of top companies like Huawei and Tencent. They firmly believe that core principals of blockchain, and the principles of Bitcoin and the contracts will be able to change the way how people are trusting in each other, through this transformation will help to eliminate the different barriers that transactions presents, also will help to increase the efficiency of the transactions that happened globally and this, eventually, will have a strong impact on the economy around the world. That’s why the company devoted itself to the blockchain technology and its constant revolution.
Cons
  • OKEx has been announcing lots of important news including the creation of this first Bitcoin Cash market, for example, the company released a fiat to token platform and they mentioned that they are planning to be very supportive on new developments. OKEx is a digital asset trading platform launched by Chinese OKCoin in 2014 and has gained millions of dollars worth of investments from leading enterprises such as VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Giant Network Group, Longling Capital (founded by the Chairman of Meitu), Qianhe Capital Management, and eLong Inc.

Revainrating 5 out of 5

Practically any OKEX review states that one of its main advantages is…

Practically any OKEX review states that one of its main advantages is extremely low trading fees. OKEX fees paid by the customers are determined by the average daily trading volume over the past 30 days. The highest maker fee is set at 0,15% while the taker fee reaches only 0,2%. At the same time, these fees can be reduced to only 0,002% and 0,05% for the makers and the takers respectively.

Pros
  • The news about OKEx accounts being attacked has spread quickly in the last 48 hours and caused heated discussions in China. Consequently, OKEx published an official announcement on Oct. 2. In the announcement, the exchange expresses confidence in its security system, explains the possible causes of the theft, and requires users to improve their security settings. OKEx states that its security is reliable and it has blocked all withdraw operations done by attackers. However, in order to better protect accounts, users should enable Google authentication. What’s more, OKEx lists several possible causes for the theft and provides suggestions about how to avoid other potential security threats.
Cons
  • 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. However, this is only applicable for Chinese clients, since Chinese Yuan is the only currency which is accepted here, but at the same time the platform includes well over a hundred different altcoins.

overall Okex is a worthy exchange with several factors to trust and enjoy your time on it , you wont feel unsafe using it because of the user friendly interface they developed.

Pros
  • okex is certainly an exchange that is known for its fairness towards their customers , it is a centralized exchange but that doesn't make ik instantly a bad exchange that you should keep your hands off. Okex have had more than 1 occasion where they needed to make the decision between going with the wales or going with fairness, I can proudly say that they didn't choose the first one. overall exchange is really user-friendly and they have a enormous amount of daily trades on it.
Cons
  • the cons of okex is mainly that you don't have acces to your own private key because it is centralized, this however doesn't need to make it more vurnable to hacks or scams. also was there a long time most people didn't trust Okex

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.

OKEx will distribute more than one billion OKB to the exchange’s stakeholders with the lion’s share going to its customers. With 60% of the OKB issued eventually going to customers, OKEx hopes to create a “sharing community of users” who will not only use OKB to pay transaction fees and interest charges but also vote on the exchange’s development and share in its profits.

Pros
  • The OKex exchange was born out of OKCoin as a brand targeted at more advanced cryptocurrency traders. OKCoin is the simpler exchange and focuses on pure buying and selling of cryptocurrencies and ICO tokens, while OKex offers a more sophisticated offering that has more in common with traditional financial securities exchanges. OKex is listed on CoinMarketCap.com as one of the largest international cryptocurrencies exchanges in the world and it claims daily turnover of $1.5 billion only from its Bitcoin futures trading product. However, along with other prominent Chinese-owned cryptocurrency exchanges, doubt has recently been raised as to whether real turnover figures are as high as reported amid claims of exaggeration and manipulation.
Cons
  • OKEx is one of the global cryptocurrency exchanges 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. Starting the journey in China in 2014, it has by far become the second-largest cryptocurrency exchange platform in the world based on its trading volume; It has constructed a base in the crypto-friendly island nation of Malta recently.

Here you have a secure, safe and easy to use exchange platform. Little wonder theyre seen as one of the bests in the industry. OKEx has one of the longest lists of projects and assets listing. Quite a number of users among us do agree there are occasional blips in the system especialy during withdrawals. Also, the fees during even though similar to what is obtainable in other top exchanges, it won't do any harm to their traffic having bit of lowering in charges accrued to transactions.

Pros
  • They constantly update their lists with new and emerging projects, making sure there's an assortment of of tokens and coins to trade. They also boasts of an easy to use web space and an uncomplicated UI.
Cons
  • They have to try and beat off a rather stiff competition in the market by actually considerin a downward review of their exchange rates. I have also had occasions when I had challenges with web pluckiness during withdrawals. I also have noticed they are having challenges maintaining users' confidence regarding the voting process in their projects listing polls.

Irregardless of your trading experience (although an intermediate level is recommended), OKEx provides an excellent opportunity for enthusiasts or professionals to dive into the world of futures contracts with minimal fees, highly secure cold storage for digital assets, and high liquidity considering their growing global user base of over 20 million traders. Should you have any concerns or queries, OKEx has a 24/7 live chat support dedicated to helping people solve problems in the most…

Pros
  • 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.
Cons
  • Support is not good enough, I think they should improve there support centers activities.

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…

Pros
  • OKEX is a cryptocurrency trading platform specializing in BTC and LTC futures. You can trade on the margin with up to 10 or 20x leverage, or hedge to lock in your mining profits. The exchange is available on iOS, Android, Mac OS X, and Windows. It’s a branch of OKCoin, which ceased futures trading in May and migrated users to its new OKEX exchange. The exchange offers low fees (0.03% for open positions and no fees for close positions) along with strong liquidity in BTC/USD and LTC/USD.
Cons
  • OKEx is one of the largest cryptocurrency exchanges in the world. Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKEx offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees for high-volume traders. But is OKEx the right exchange for you? We’ve gathered together a host of information about the platform’s features, fees, pros and cons to help you decide.

okex is the well-known world's popular cryptocurrency exchange with having a big trade volume, so many cryptocurrencies listed and also margin trade available overall its a awsome crypto currency exchnaeg

Pros
  • okex is the best exchange for trading, in fact on the okex exchange so many cryptocurrencies are listed, all currencies have so many trading volumes so everyone can trade easily, okex also have one advanced feature that is margin trading people can enjoy profits, and margin trading is not available in big exchange such as binance, bittrex and many more
Cons
  • okex is centralized crypto exchange so every big trader need to KYC compulsory, and okex doesnt have any mac client

Okex is my top choice because it's average cost and has a nice interface. In addition, withdrawal of coins is very easy and does not delay. It's the greatest exchange but needs some improvement to be the best in the market.

Pros
  • Smooth user experience, The variety of coins and the frequency with which new coins are listed, can be used on PC or mobile. One of the best things to consider about OKEX is that there are no limitations set for you. This provides substantial opportunities.
Cons
  • Support center is not so helpful, If you send email to support it take long time to respond.

OKEx is one of the largest cryptocurrency exchanges in the world. Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKEx offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees for high-volume traders.

Pros
  • And Okex exchange supports more than 500 various cryptocurrencies which are good for traders to buy or sell any coin on the same exchange.
Cons
  • Futures trading is only for experienced traders and should be avoided by beginners

OKEx is a digital asset trading platform with tools and options designed to suit both beginner and experienced traders. As well as spot trading of cryptocurrencies, it also allows fiat-to-crypto transactions and futures trading.

Pros
  • They also manage to keep strong liquidity in the CNY/BTC pair. OKCoin maintains two main entities, including one focused on China’s domestic market and another, centered on the international market.
Cons
  • it only supports CNY and doesn't support other fiat at currency and lags too much

the transaction limit when placing a fiat-to-crypto trade varies depending on the level of account verification you have completed. After submitting your name, country of residence and ID number, you’ll be able to access a single transaction limit of RMB800 (Chinese renminbi). This limit can be raised as high as RMB1,000,000 per transaction by submitting additional information.

Pros
  • This platform enables traders with multiple-monitor support. Users will be able to duplicate the entire layout multiple times and will be able to move it to another monitor in a hassle-free manner
Cons
  • Mobile app of Okex exchange is still on the beta version, should be live quickly, and it should be better

Revainrating 4 out of 5

speed, site

speed, site

Pros
  • Compared to Binance or bitfinex , the team has a weaker team but it can work much better by lowering the chances.
Cons
  • team, bad news

Revainrating 5 out of 5

OKEX has a comparatively high standard among cryptocurrency exchanges for…

OKEX has a comparatively high standard among cryptocurrency exchanges for exactly who can participate. OKEX is not currently available for citizens of Hong Kong, Cuba, North Korea, Iran, Crimea, Sudan, Malaysia, Syria, the USA and its territories, Bangladesh, Ecuador, Bolivia, and Kyrgyzstan. These countries are either on the United Nations Security Council Sanctions List or its citizens are restricted or prohibited from trading platforms in some way. In the case of the United States…

Pros
  • OKEx is a relatively new digital asset exchange platform that allows cryptocurrency investors to trade with BTC, ETH, LTC and other cryptocurrencies in a secure and simple manner. The platform was started by Start Xu, a Chinese businessman. This cryptocurrency exchange complies with the law of the people of the Republic of China. One of the branches of this platform caters to the cryptocurrency trading and exchanging needs of the people of China. The headquarters of the international branch of OKEx is in Beijing. The second branch of this standalone cryptocurrency exchange platform is built for users from different parts of the world. The headquarters of the second branch of this exchange is located in Hong Kong.
Cons
  • OKEx is one of the few cryptocurrency exchange platforms around the world that offers a stand-alone desktop platform. There are a few advantages to having a separate piece of cryptocurrency software while the trader may be using the browser-based version. The trader has probably already run into memory issues if he/she is running on low to middle end hardware and the trader likes to open multiple tabs on their desktop. This platform enables traders with multiple-monitor support. Users will be able to duplicate the entire layout multiple times and will be able to move it to another monitor in a hassle-free manner.

OKEX is a cryptocurrency exchange owned by OKCoin, with the company behind both of them is based in China and primarily centers on the domestic market. OKEX charges extremely low trading fees when compared to other exchanges. We have not been able to find any unfavorable criticism directed towards OKEx -the company has built up quite a reputation since its formation in 2014 and its user base is claimed to be in excess of 2000,000 active customers.

Pros
  • OKEX is a cryptocurrency exchange launched in 2017 by Chinese bitcoin mogul OKCoin. Besides operating bitcoin exchanges, OKCoin has a mobile consumer payment and lending application. They also manage to keep strong liquidity in the CNY/BTC pair. OKCoin maintains two main entities, including one focused on China’s domestic market and another, centered on the international market. Together, the exchanges constitute one of the largest digital assets exchanges in the world regarding overall trading volume.
Cons
  • OKEX is the more trading-centered version of its mother company, OKCoin. The fact that OKEX is based in China explains its relatively low popularity in the west. This low repute is also connected with the concerns about the actions being taking against the cryptocurrency space by the Chinese financial market regulatory body, as the country recently placed a ban on ICOs. The unique things about this exchange are the stand-alone desktop platform and how Bitcoin and Litecoin futures contracts are readily available on the platform. OKEx announced late in 2017 that it basically invented the original Bitcoin Cash market, which lets users the trade against BCH without any intermediary like ETH or BTC. Given its age, OKEX hasn’t been the target of significant hacks yet. While this brings some confidence, regarding security, it does not prove this will not happen in the future.

okex is the best crypto trading platform providing users best dashboard, With the best margin trading option, Okex is a trustful crypto exchnge

Pros
  • okex verification is much faster than other crypto exchanges, and margin trading is the primary and best feature that every person likes if we have one ethereum than we can trade up to 10 ethereum so that,s why this is world 2nd trading exchange by volume
Cons
  • the okex trading page is so much lagging, okex support ticket is not better than other crypto exchanges, support center is also not soling quiries fast

OKEX is not currently available for citizens of Hong Kong, Cuba, North Korea, Iran, Crimea, Sudan, Malaysia, Syria, the USA and its territories, Bangladesh, Ecuador, Bolivia, and Kyrgyzstan. These countries are either on the United Nations Security Council Sanctions List or its citizens are restricted or prohibited from trading platforms in some way. In the case of the United States, cryptocurrencies still very much occupy a legal gray area

Pros
  • Huge daily turnover, which only increases the liquidity of the exchange and provides good earnings to traders, there are some following special features provided by OKEx such as exchange fiat to crypto, lowest trading fees and easy withdrawl
Cons
  • No affiliate program

I personally did not use it, it has a very understandable platform with good graphics, I was very surprised by the large amount of cryptocurrencies that you find listed, I see that their fees are based on the volume of btc that are traded in 1 month and are classified in 10 levels The maker orders are "passive" limited orders published in the order book before the transaction

Pros
  • The ability to use margin trading and it's really good for me. Easy verification process and good support if you have problems with it.
Cons
  • There is no possibility to refill the account of Fiat money (there is no such opportunity for withdrawal)

Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKEx offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies. It also offers market maker and taker fees starting from 0.15% and 0.2% respectively, with discounted fees for high-volume traders.

Pros
  • The Devs at the backend of this exchange are true professionals and are the main reasons am still trading here
Cons
  • The lack of Russian interface, that prevent traders who do not speak English or Chinese