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29 Karma

Review on OKEx by James joseph

Revainrating 4 out of 5

OKEx

OKEx is considered to be among the world top leading Crypto to Crypto exchange platform founded in 2017 with offices in Malta, Hong Kong, Beijing and Malaysia. these exchange have proven to be a transparent financial exchange for traders and investors.
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There have been some issues with users account on OKEx where account where frozen from suspected account fund withdrawal these was done to prevent further loss of users fund since inception the exchange have not been breached by hacking activities with these users and new investors can be sure of their account security to create and start using account with OKEx users verification using various verification card will be required users fund on OKEx are stored using cold wallet which makes it hard for hackers to penetrate.
Compatibility with browser although there are complaint from users about it's mobile application slow response when trading. like most exchange platform OKEx has it native token which can be used for rewarding traders with additional discounts for performing transaction with the native token.
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One Interesting features why OKEx is attracted to traders and investors is it multiple available trading pairs which are available on the exchange it support margin trading, future trading and spot trading transaction are processed very fast with little trading fee of 0.15% for makers and 2.0% for takers.
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Generally OKEx exchange have proven to be a transparent exchange with thousands of trading activities processed daily on the platform.
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Pros
  • Crypto base exchange platform with multiple trading features margin, spot and future trading
  • Has its native token for rewarding users
  • Mobile application and browser compatibility with good UI
  • Active social platform to support engage users
  • Considerable transaction/trading fee with multiple trading pairs
Cons
  • Complaint from users on slow response from support team
  • Hi competitive market

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