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Malang
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2 Review
-62.25 Karma

Review on OKEx by Andrewsono Richard

Revainrating 5 out of 5

Okex the best exchange

OKEx cryptocurrency exchange is one of ten global cryptocurrency exchanges based on daily volume (more than USD $ 1.68 million) and provides services in more than 100 countries.
OKEx adopts a maker-taker fee schedule to encourage more order placement and liquidity. Thus, the maker costs are lower than the taker costs. Costs of makers and takers start from 0.10% and 0.15%, respectively.

Furthermore, there was great fear in September 2019 when Twitter user Whale Alert discovered that more than USD $ 270 million was sent from Exchange to an unknown account. This prompted OKEx's PR head, Jennifer Chow to use Twitter to confirm that it was only a maintenance of purses that were regularly scheduled. Nobody appeared on the occasion and said that they suffered losses as a result. So it can't be hacking.



Pros
  • Built-in software wallet in its app means convenient on the go trading and using cryptocurrency.
Cons
  • Not available to those in the US

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