Review on OKEx by Faruk ELHAKAN
The founder was taken by the police.
OKEx's token, OKB, seems to have declined after its founder was taken away by the police.
Western traders operating with OKB will wake up in sweat after seeing the price of the token minted by the besieged cryptocurrency exchange OKEx. Merchants in the east are already falling asleep anticipating these nightmares.
The OKEx token continued its unavoidable decline as of yesterday. The decline started with the purchase of the exchange founder by the Chinese police on Friday. After this incident, OKEx officials announced that they suspended cryptocurrency withdrawals for a while. This was the decision that most triggered and accelerated the fall.
Token Price Hits Bottom
Finally, the prices of the token hit rock bottom yesterday afternoon. According to metric site CoinMarketCap data, the price of the token dropped to $ 4.13 at about $ 6. Although the price increased slightly towards $ 4.4 due to the weekend, there was a problem with the price increase in the market and the token fell back to the level of $ 4.21.
Today, the markets are trying to push the price of OKB up again. The value of the token hovers around $ 4.37.
The Malta-based exchange has not made any remarkable announcement since the suspension of the withdrawals announced on Friday. Finally, as of yesterday, a fee adjustment was announced for customers trading Filecoin. However, exchange users demand much more detailed information about the suspension of withdrawals.
Customers in the Middle of the Change Process
In the statement made by OKEx last week, it was stated that other functions remain stable and customer funds are also completely safe. It was emphasized that community activities would not be adversely affected by this process in any way. In the statements made in this context, the phrase "Thank God it continues to fly" was underlined.
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Pros
- practical use
- support team
Cons
- not safe
- rapid fall
