1 Level
14 Review
4 Karma
Review on OKEx by Gulak Adebayo
The OKEx Exchange is a leading cryptocurrency exchange that allows you to buyβ¦
The OKEx Exchange is a leading cryptocurrency exchange that allows you to buy and sell various cryptocurrencies. The stock exchange was established in 2014 and was backed by millions of venture capital funds, including Giant Network Group, Longling Capital, Ceyuan Ventures, Qianhe Capital Management, eLong Inc. and VenturesLab (jointly owned by blockchain) investor Tim Draper).
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Pros
- Big Liquidity: The problem with small exchanges is that the number of sell orders can be very small. This means that if an investor wants to buy $ 500 worth of crypto currencies himself, he could shift the price. High liquidity means that investors can buy their chosen cryptocurrency at the same price. OKEx has the second highest liquidity in the world and this makes it easy to buy cryptocurrencies. Supported Devices: The Exchange already has MAC and Windows clients available for download. Mobile apps for iOS and Android devices are coming. However, these are still in the closed BETA test phase. Trading Leverage: The OKEx Exchange offers leverage of up to three times for cryptocurrency trading.
Cons
- Lot's of countries are banned from trading on okex exchange which could have increased it's daily trading volume..
