Review on OKEx by Ogulnar Annamuhammedova

OKEx (www.okex.com) is one of the world's leading digital asset trading platforms. It provides foreign exchange and derivatives trading services for digital assets such as Bitcoin, Litecoin and Ether and is a subsidiary of OKEx Technology Company Limited.

OKEx exchange is a Hong Kong exchange, the platform launch date is spring 2017. At the moment, the exchange has 3 language interfaces, among which the main ones are: English and Chinese.

OKEx came out from under the wing of such a giant as OKCoin, which literally everyone has heard of. How did it happen that one exchange gave birth to another? It turns out that a ban on futures trading was introduced for OKCoin in mid-2017, which is why OKEx was created, where this option is safe and moved. It is planned that OKEx will be used to trade only digital assets, while OKCoin will focus on working with fiat.

Okex also provides margin trading in cryptocurrency futures. Also, the exchange has a built-in API for algo trading - especially for professional traders. In addition, you get access to a safe and a multi-currency wallet.

A well-thought-out and reliable cryptocurrency exchange, the disadvantage of which is the lack of charts for price analysis. Security, as it seems from the outside at first glance, is excellent, but there are a number of drawbacks associated with the fact that you need to enter the password too often, or you have to wait 24 hours after changing it. Reviews on the Internet and on the forums are quite controversial.

Since it is based in China, it is focused primarily on the domestic market, and is not particularly in a hurry to go out to foreign traders.

The site offers several trading instruments and extremely low fees compared to competitors. Well, the addition of futures contracts should attract the attention of professionals.

OKEx also offers its clients a desktop trading platform for Windows and Mac. According to reviews, it is much faster than the online version, but is only available in Chinese.

Registration takes only a few minutes and doesn't look very complicated. To register, you need to follow several steps:

* Select your country from the dropdown list.

* Enter your mobile phone number.

* Click on the "Send SMS-code" button and enter the received code on your mobile phone in the "SMS-code" field.

* Come up with a password and confirm it.

* Check the two boxes and click the "Register" button.

*Ready.