1 Level
6 Review
3 Karma
Review on OKEx by Nhat Ngoc
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
- Up to now, OKEX.com has not encountered any scam and never had a hacker attack. As OKEX is a branch of OKCoin - one of China's largest trading platforms, the security of user accounts as well as the system is very good.,OkEx offers special trading features such as x3 leverage, margin, and futures trading. The exchange has been trading for four years and is well established.
Cons
- Encountered issues with account authentication. Loging in to OKEx is difficult (and may even be designed to rob people of their funds),The email address that you signed up with is not immediately linked to your account, so password resets will be sent nowhere. You are required to login using the phone number you used to sign up WITHOUT THE COUNTRY CODE
