Review on OKEx by Jet Lee

Name: OKEx
Item: OKEx
Rating: 5

September 15, 2018

The OkEx exchange certainly has strong backing from venture capitalists and…

The OkEx exchange certainly has strong backing from venture capitalists and does have one of the widest selections of cryptocurrencies available. It also offers customers with more features than other exchanges, so this is likely to make the exchange more appealing to experienced crypto traders. There is quite a lot to like about the OKEx exchange. However, the lack of mobile support and fresh allegations of faked volume mean that we do consider other options like Binance to be better.
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Pros

Get access to over 100 different cryptocurrencies. In terms of trading volume OkEx second only to Binance. The exchange has already attracted investment from many well-respected venture capital firms. Usually, venture capitalists are pretty smart and they evidently think they have backed a great exchange. 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. A simple interface makes trading relatively easy.

Cons

The Android and iOS apps are still in closed beta testing. Cryptocurrency commentator Sylvain Ribes, believes that up to 93% of the exchanges trading volume is fake. Futures, margin and leveraged trading are advanced products. We don’t believe these should be made available to beginners. Email customer support answers could be faster.