OKCoin

OKCoin

  • Hong Kong

  • Full trading platform

  • Okcoin.com

  • Since 2018

OKCoin
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $580,810

OKCoin is one of the largest exchange platforms in the world. One can trade various crypto coins, fiat currency, and other assets with the help of a clean and easy user interface. This Hong-Kong based platform offers support through an efficient customer service and several trading pairs against the US Dollar. OkCoin is backed by top investors including Tim Draper, Ceyuan, and Mandra Capital.

OKCoin is suitable for all types of investors and offers good functionality. Transactions are made fast and easy with the sole purpose of providing the best user experience. They claim to use cold storage, but their security can't be verified or endorsed. Keeping savings in their wallet long-term can't be recommended.

Traditional Currency Support

  • US Dollar (USD)

Language Support

  • Chinese
  • English

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface
  • Mobile App

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows light and dark theme

Advanced
Options:

  • Limit Order
  • Market Order
  • Iceberg Order
  • TWAP (Time Weighted)
  • Trigger Order
  • Trail Order

Special
Services:

  • Margin Trading x3

OKCoin security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
They claim to hold user funds in cold storage but are not specific about it.

OKCoin is operated by OKB Technology Company Limited. The development team includes people with lots of experience through companies like Alibaba, Tencent and Huawei. Their goal is to change the world by devoting themselves to the Blockchain technology revolution. OKCoin has one of the largest trading volumes worldwide.

Summary:

OKCoin is one of the biggest digital asset platforms in south-east Asia, and is most suitable for experienced traders. They offer extensive trading functions, like many order types, and a clean user interface. Users should be advised not to store large sums of assets on OKCoin platform as there are other safer cold storage options available on the crypto market.

Ease of use
Intuitive
Transaction Fees
0.1-0.29%
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
0.1-0.29%
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Withdrawl funds to bank account

Functionality:

OKCoin provides two platforms"okcoin.com" and"okcoin.cn" which operates from different entities (Beijing and Singapore). Both offer the same functions but with different fiat currencies but cannot be simultaneously operated from a single account. The platform delivers a fast and reliable customer service.

Most common
customer complaint:

Some users have complained about withdrawal issues.