1 Level
14 Review
3 Karma
Review on OKEx by Abdulquadri Balogun
OKEX is a Digital Asset Exchanger from OKCoin. Both companies are based in…
OKEX is a Digital Asset Exchanger from OKCoin. Both companies are based in China and focus mainly on the domestic market. OKEX offers a very low transaction fee compared to its competitors. If so, you can only trade 3 coins. The addition of futures contracts may be good for miners willing to hedge their "harvest".
Since OKEX is directly connected to OKCoin, CNY (Fiat) can be delivered to it, and more complex exchanges can be performed. In addition, cryptocurrency transfer is allowed in BTC, ETH and LTC.
Pros
- OKEX is a transactional OKCoin version. The companies behind both projects are in China. This may explain the relatively low popularity of this exchange from the West. Combined with concerns over China's cryptocurrency regulation recently banned by ICO. The most unique feature of OKEX is the availability of the stand-alone desktop platform and the futures contracts of Bitcoin and Litecoin.
Cons
- It isn't a widely used exchange in the west and as such less reviews/guide can be seen about it online.
