Both give users access to the same account details, though some may find the larger screen on a desktop computer or laptop easier to navigate. The OKEx active trading platform has multiple layouts to choose from and the option to build customized layouts. Okex Exchange : Buy Bitcoin & other cryptocurrencies - Google Sites The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Like many other exchanges, OKEx has tiered fees, meaning that lower fees can be accessed by those with a higher trading volume, or by holders of the OKB utility token. By this point, it is common knowledge that many cryptocurrencies have their very own blockchains which they are exclusive to. With OKEx Cloud, users can access OKExs market depth, cutting-edge core technology, flexible token listing, cross-platform development, spot trading, P2P trading, and 24/6 global customer support. Of course, all transactions out of OKEx wallets entail the payment of blockchain transaction fees, which are non-dependent on the exchange. Your email address will not be published. OKex is rumored to have ambitions to launch its own Ethereum-esque public Blockchain platform though no official announcement. OKEx Exchange review - SUPPORTED COUNTRIES. View the latest crypto prices, volume, and data, Trade a full range of contracts and margin products, Multiple strategies to help you trade with ease, Instantly trade spot OTC, futures spreads, and options strategies at the price you want, Discover new, high-quality projects around the world, The world's most powerful suite of crypto trading solutions, OTC liquidity network for pro and institutional traders, Seamless and ultra-low latency API connectivity, Improve capital efficiency and lower risk, Access world-class market depth with high commissions, Candlesticks, aggregate trades, order book data and more, Trade hundreds of tokens and trading pairs. OKX offers low fees, but it's not available to U.S. investors. Ensure youre using the best security features OKX offers to keep your account and funds as secure as possible. If you find any discrepancies or false information about projects, infringement of copyrights or scam, please write us. Once you visit OKExs website, click on the Sign-up button at the top right corner of the screen and then, submit your email address or phone number, and create a password. It is also regarded as the worlds second-largest crypto exchange in terms of high volume. When investing your capital is at risk. Our platform is available globally, except in the following jurisdictions: the United States, Singapore, Cuba, Iran, North Korea, Crimea, Malaysia, Syria, Canada, the United Kingdom (specifically regarding our derivatives-related services for retail users), Bangladesh, Bolivia, Malta, and Hong Kong (specifically regarding our derivatives-related services for retail users). Founded in 2017, OKX is a Seychelles-registered cryptocurrency exchange that adopts blockchain technology to build the next-generation financial ecosystem. Tokenhell is a blockchain & crypto news agency where you can discover news about crypto coins, technical analysis, blockchain events and detailed reviews. Because of this, the Bitcoin blockchain may become the infrastructure on which all other blockchain applications are built in the future. Youll get started by registering an account using your personal contact information. As one of the worlds major cryptocurrency exchanges, backed by some major capital, it would be assumed that the cybersecurity architecture in place at OKex is in line with the best standards in the industry. Users can manage their accounts through the OKX website or mobile app. The more professional nature of OKexs exchange platform also means that it places more demand on hardware than the average cryptocurrency exchange. This page may not include all available products, all companies or all services. The OKex exchange was born out of OKCoin as a brand targeted at more advanced cryptocurrency traders. Without a cross-chain gateway, USDT operating on the Ethereum blockchain cannot be transferred to the Tron blockchain, for instance. The daily volume of BTC futures trade on the Okex exchange is $1.5B. This website uses cookies for functionality, analytics and advertising purposes as described in our Privacy Policy. The OKExChain also supports smart contract integrations, thereby creating yet another ecosystem suited for the deployment of decentralized applications (dApps). Users will not only learn how to use each of the services that OKEx provides, but also how to conduct technical analysis, how to understand bullish and bearish sentiments, and how to carry out industry analysis. OKX could work as an exchange you use in addition to a third-party cryptocurrency wallet or your primary place for crypto-related activities. Bitcoin is a virtual good and is similar in many ways to more traditional investments. High-yield staking opportunities and the ability to earn at least 1% with dozens of coins. Tokens can be seamlessly listed and integrated on the chain without seeking approval in a centralised fashion. Those include market order, limit market order, advanced limit order, stop-limit order, trailing top order, iceberg and Time-weighted average price (twap) orders. For example, if the Bitcoin trader has achieved a spot trading volume greater than 500 BTC, the market taker fee reduces to 0.135%. Spot / Custodial / CEX / DEX / Derivatives. OKEx (OKX) Exchange Review 2023 - Savvy New Canadians With over 300 cryptocurrencies supported, theres not enough room to list them all in our OKX review. However, the best practices for keeping your financial accounts secure are similar. Neither Bankrate nor this website endorses or recommends any companies or products. As previously mentioned, OKEx allows users to deposit funds through a wide range of crypto coins but keep in mind that you will be able to transfer a specific type of token to the wallet deposit address you receive on the selected token only. Founded in 2013, Okcoin is a US-headquartered cryptocurrency exchange serving 190+ countries and territories. CoinMarketCap. ALL RIGHTS RESERVED. Investopedia is dedicated to helping those interested in cryptocurrency investing make informed and safe decisions. Accepts PayPal OKEx exchange offers free deposits and low withdrawal fees. Once your OKEx account has been verified, navigate to the Assets button and click on the Deposit. Given the absence of trading-centric blockchains, OKEx has decided to further tap into the total blockchain addressable market by creating the open-source OKExChain. OKX is available to users in over 200 countries, but its not available in the United States. Level Two requires uploading a picture of their ID and a selfie through partner Netverify. Ultimately, OKEx sets itself apart from competitors in the industry by offering different methods of crypto trading. Further, the trading fees are below the average in the industry and the exchange has never been severely hacked. Low trading and financing fees If you are considering opening an account with OKEx exchange, be sure this read this guide first. Cons OKEx provides hundreds of token & futures trading pairs to help traders to optimize their strategy. Country/RegionFiatCryptoFunding MethodsMargin Trading. OKEx offers several different verification levels, each with its own set of requirements and privileges. All in all, here are deposit and withdrawal payment methods provided by OKEx: The minimum amount required to open an account and start trading is 10 USDT or any other cryptocurrencies with an equivalent amount. The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. OKX might be a realistic choice for international cryptocurrency traders looking to buy and sell with low exchange charges. The trading platform provides more facilities to professional users as compared to the other exchanges. According to CoinMarketCap, OKX is the 18th largest cryptocurrency exchange in the world by volume. OKEx Exchange Review (2020): Is it a good exchange? - Boxmining Okex fee structure is given below: Trading fee: maker fee varies from 0.02-0.15% while taker fee vary from 0.05-0.2%, If you want to see the whole structure of trading fees of the Okex exchange, you can visit this link: https://www.okex.com/pages/products/fees.html. Nevertheless, many jurisdictions have established regulations or have actively started to support its growth. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. OKEx provides a leverage ratio of 10:1 and 20:1 under the margin trading mode, and 100:1 leverages when choosing to buy tokens via perpetual swaps contracts. The exchange has never been hacked despite being one of the largest cryptocurrency exchanges in the world, and overall, OKEx is considered to be a safe and secure trading platform. For example, you can deposit Etherem to an Ethereum address. The crypto exchange is providing its services to users of more than 100 countries. Required fields are marked *. It was founded by Star Xu () in 2017. The OKB utility token is one of OKExs native tokens, providing holders with significant benefits when using the platform. Were providing spot, margin, futures, options, perpetual swaps trading, DeFi, lending, and mining services. In short, the trading platform is suitable for safe and secure cryptocurrency trading. Apart from facilitating instant trading between popular trading pairs, OKEx exchange also provides margin trading, futures trading, DEX trading, perpetuals trading, and options trading. CRYPTOTOTEM. Throughout the years of operation, OKEx has managed to raise capital from leading venture capitals and investment companies including VenturesLab, Ceyuan Ventures, Longling Capital, Qianhe Capital Management, eLong Inc. etc. Afghanistan Wire. Detailed review of OKEx exchange - one of the largest crypto currency exchange in the world .where you can buy and sell more than 100 coins and token. OKEx Review - Is It Safe to Buy and Sell Cryptocurrencies? We also reference original research from other reputable publishers where appropriate. Read full terms and conditions / disclaimer. This means you can offer your computer hash rate that is needed to mine digital assets and in return, you will be able to get an additional income. The important digital coins are. In this case, users can choose to add liquidity to a pool, which rewards them a percentage of the transaction fees incurred. With support for 36 cryptos, multiple direct integrations with the trading app, and a vault service, the OKEx wallet has attracted tons of users. Contact at info@tokenhell.com if you have any questions. The trading fee structure at OKEx is based on whether an investor is a market maker or a market taker. OKEx aggregates a series of earning opportunities within its earn product. A Level One KYC-verified account requires entering basic information, including a government identification number. "Top Cryptocurrency Spot Exchanges.". You can also swap existing digital assets via OKX Convertwithout fees or price slippage or buy crypto directly from other sellers through the OKX P2P Trading market. Supporting only two fiat currencies. Thus, the app serves as an all-inclusive interface that allows both asset storage and trading. It is also regarded as the worlds second-largest crypto exchange in terms of high volume. c_display_preferences.width = "250"; While the web browser version is potentially a good option for you if you are not an active trader, you may be more comfortable using the OKEx desktop or mobile app for regular use. Trading ideas, cryptocurrency fundamentals, and other technical knowledge is also readily available. They dont take users from the United States due to regulatory and compliance concerns. You likely wont recover any funds if you accidentally send funds to the wrong wallet address. Fees are tiered based on average 30-day trading volumes but are low even at their upper end. Additional measures are taken to make sure that no individual from within the company has free access to user funds, through the usage of multi-signature logins. High-volume traders and those with a large holding in the OKB currency may qualify for discounts. Were serving millions of users in over 100 countries. View the latest crypto prices, volume, and data, Trade a full range of contracts and margin products, Multiple strategies to help you trade with ease, Instantly trade spot OTC, futures spreads, and options strategies at the price you want, Discover new, high-quality projects around the world, The world's most powerful suite of crypto trading solutions, OTC liquidity network for pro and institutional traders, Seamless and ultra-low latency API connectivity, Improve capital efficiency and lower risk, Access world-class market depth with high commissions, Candlesticks, aggregate trades, order book data and more. Next, you will have to enter a 6 digit code that was sent to your email or mobile phone. Okex Payment Methods OKEx allows loans for a period ranging between 3 to 180 days, which are often priced at a 3.65% 15.33% effective interest rate. OKX (Previously OKEx) is a global trading platform that is available to over 100 countries across the globe. The token security is based on the core private key encryption algorithm, and the cold and hot wallet technology developed by OKExs team, is based on the most advanced privacy encryption technology in the industry. OKEx was founded in 2014 by Star Xu, and is currently led by CEO Jay Hao. He's written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. Albania Wire. Because trading platforms are relatively heavy, downloadable software that takes most of the strain means avoiding the risk of a browser running into memory and processing difficulties and potentially freezing. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Most countries do not recognize Bitcoin as currency, instead defining it as virtual good. There are 343 currencies on the exchange total. At this point in time, OKEx classes as one of the worlds largest exchanges by features and trading volume, a title it has rapidly gained since its establishment in 2013. Buy BCH. The Russian government issued a ban on Bitcoin in the past, but has revoked it after many other jurisdictions published their regulations. Keychain Cryptocurrencys Wallet And Password Stolen, Atomic Malware Fingered, US Slams North Korean Banker With Double Indictment Over Crypto Laundering.