OKEx

OKEx

  • Belize

  • Full trading platform

  • Okex.com

  • Since 2018

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

Volume 24H: $852,788,313

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.

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

  • Web Interface
  • Mobile App
  • API

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows light and dark theme
  • Allows the movement or resizing of boxes

Advanced
Options:

  • Limit Order
  • Stop Order

Special
Services:

  • x5

OKEx 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.

Advanced Security Features:

  • Email reports of logins

Security Features:

  • SSL
  • Protection from DDoS attackes

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 use
Intuitive
Transaction Fees
0-0.09%
Deposit/Withdrawal Fee
0-0.09%
Deposit/Withdrawal Fee c For Bank Transfer
N/A
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

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