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Munich
4 Level
63 Review
699.75 Karma

Review on OceanEx by The hsotaka

Revainrating 4 out of 5

My review of the OceanEx exchange

Today i want to tell you something about the OceanEx exchange.
OceanEx calles itself "The Next Generation Intelligent Digital Asset Exchange Ecosystem".
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OceanEx launched by BitOcean in 2018 and is an AI powered digital asset trading platform within the VeChainThor Ecosystem. It was build to offer professional services to digital asset investors, traders and liquidity providers.
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The fees are low, but not the lowest.
Maker Fee and Taker Fee:
0.1%
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If you are a VET holder, there is no doubt that this exchange will be the best place to trade. You can trade all listed coins and tokens against VET.
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One of the biggest pro criteria is the fact that the dev team really listen to the community. New features and events are based on the voice of the community.
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Also they advertise their security with "Superior Technology "
"Bank-level SSL security technology with advanced machine learning algorithms to actively detect attacks and safeguard your assets and transactions."
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So your funds should be safe. I have no evidence, because i couln't find any certification or regulatory body which proves it.
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Anyway, the exchange is great for trading, i really like the UI and the theme of their events. Their great communication with the community makes them very sympathetic to me.
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My opinion:
Maybe i wouldn't hold large amount of funds on it, but its a great exchange for doing some trades, especially if you want to trade VET against any other digital currency.
Its not my favorite exchange but i think it's worth a try.

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Pros
  • Great UI
  • Fast development progress
  • Perceptual Contract Trading
  • Devs listen to community
  • Good liquidity on VET and BTC pairs
  • Good utiltity token "OCE" that offers benefits for traders
  • CryptoFarm, a staking product to earn annual return rates
Cons
  • Low liquidity on smaller pairs.
  • No official regulated space (as far as i know)
  • My funds should be safe because of their "Superior Technology", but i have no evidence because of lacking regulation.