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Review on OKEx by Kola Rasaq

Revainrating 4 out of 5

OKEx exchange , which separated from the well-known OKCoin platform. This…

OKEx exchange , which separated from the well-known OKCoin platform. This happened after OKCoin introduced a ban on trading in futures. This exchange allows operations with cryptocurrency and digital tokens. Supports futures for BTC and LTC, a leverage up to 1×20 is available.


OKEX is multi-cryptocurrency exchange allowing users to trade cryptos and fiat-backed tokens. OKEX also provides digital asset based futures with multiple leverage choices. OKEX has also built a suite of algorithmic trading tools designed for the professional traders. Additional products include a wallet, vault and a block explorer.



Pros
  • OKEx offers to trade digital assets under the four trading ranks: C2C, Index, Token and Futures. C2C Trading C2C trading allows users to trade between fiat currency and digital assets and users can place orders at their own prices and trade freely with all other users on the platform. The digital currency bought can be withdrawn to other accounts or wallets. Index Trading Index Trading is designed specifically for users who want to arbitrage by buying and selling of digital assets, instead of those who want to own digital assets. . Token Trading A list of token pairs is available for trading. Users need to select the pair they desire to trade by scrolling down or simply type the token into the search field
Cons
  • Few available coins; Some users report problems with withdrawal of funds;

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