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OKEx

BelizeBelize
Full trading platformokex.comSince 2017
Intuitive Ease of use, High Privacy, Wallet platform Private Keys Stored
  • Overview
  • Security
  • User Experience

Volume 24H: 18,860.00 USD/24h

OKEx is part of OkCoin, one of the most popular Chinese digital asset exchanges. The platform is designed to be a cryptocurrency-only exchange, and also offers support for futures trading. Users can login on OKEx using their credentials from OkCoin, but accounts are independent of each other. This exchange is mostly intended for trading tokens against major cryptos or fiat currency.

OKex was created with the single purpose of providing Bitcoin, Litecoin, and other Blockchain assets trading. All fiat trading is handled by their sister platform, OkCoin. Users can create a single account on either platform and gain access to both. The platform offers a simple and clean user-interface. In order to access all the functions, users need to complete a verification process.

Crypto Currencies Support

  • BCH
  • BTC
  • ETC
  • ETH
  • LTC
  • USDT

Traditional Currency Support

Language Support

  • Chinese
  • English

Country Support

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

Platforms Systems

  • — Api
  • — Mobile App
  • — Web Interface

Stock Market Options

Interface customisation:

  • — Charts
  • — Light-dark-theme
  • — Movement-resize-boxes

Advanced Options:

  • — Limit Order
  • — Stop Order

Discounts For The Big Traders

  • — N

Okex uses the same security protocols as OKCoin. They use cold storage as well as hot wallets with offline private keys to securely store users' funds. There were some rumors regarding a breach in their security in mid-2017, but nothing proven.

Summary:

2 Factor AuthenticationYes
Funds InsuredFunds Are Not Insured
Private Keys Stored OnExchange Platform
Storage TypeThey Claim To Hold User Funds In Cold Storage But Are Not Specific About It

Advanced Security Features:

  • — Email Reports Of Logins

Security Features:

  • — Protection From Ddos Attackes
  • — SSL

Legal Registration or Compliance:

  • — N

Okex belongs to OKCoin, one of the largest Chinese Bitcoin trading platforms. The CEO of Okex is Chris Lee, a Fintech and digital payment technology specialist. The core team of Okex consists of personnel from world-renowned companies such as Alibaba, Tencent, and Huawei.

Summary:

Many popular functions of Okcoin were successfully migrated to OKex without affecting account balances or security. However, users have reported failed logins and delayed withdrawals. As a result, the company has received a lot of bad reviews, and yet none of these issues have been solved. Users are advised to invest only low amounts and to keep an eye on reviews and reports about this exchange.

Ease of useIntuitive
Transaction Fees0-0.09%
Deposit/Withdrawal Fee0-0.09%
Deposit/Withdrawal Fee For Bank TransferN/A
Deposit/Withdrawal Fee For Credit CardN/A
Deposit/Withdrawal Fee Charged For 3rd party PaymentsN/A
Anonymous TradingNo

Deposit/Withdrawal Options:

Send/Receive Crypto

Functionality:

Okex does not accept any fiat currencies and uses an OpenID technology so that usernames and passwords are generic and accounts are not inter-operable. The platform has adopted advanced technologies like distributed server clusters, distributed storage, and a high-speed memory-based trading engine, all backed up on multiple machines.

Most common customer complaint:

— Login issues, registration issues, withdrawal issues