1 Level
6 Review
6 Karma
Review on OKEx by Sang Tran
The fees at OKEX are probably the lowest in the industry, at the time of…
The fees at OKEX are probably the lowest in the industry, at the time of writing of this review. There is a 0.03% fee for opening a new position and nothing is charged for the closing transaction. This is a lot better than the average of around 0.20-0.25%, offered by most other exchanges. On the other hand, the forex brokers, who provide Bitcoin trading include their costs only in the spread. While it is a bit hard to compare spreads and commissions based on size, you can check out this post to get a better picture.
Pros
- Risk insurance allows you to lock in profit margins.OKEx is the leading global bitcoin exchange. Secured with bank-level SSL encryption and cold storage. Distributed servers for,Very less transaction fees relative to most of other exchanges An appreciable customer support is experienced.
Cons
- I do not like the sluggishness of support services. Okex is a good exchange but still withdrawal process and support some improvements. And sometimes website gets hang which needs to user-friendly.
