OKX Reviews Read Customer Service Reviews of okx com
11 February 2023 - 01:09 WIB
We strive to eventually have every article on the site fact checked. For everyone else, our verdict on OKX comes down to whether it’s learned from the false volume incident and the fallout from its CEO’s arrest. Frankly, given the manipulative nature of features like Shark Fin, it doesn’t seem like OKX is putting trader satisfaction ahead of liquidity in 2023.
- You can tell that an article is fact checked with the Facts checked by symbol, and you can also see which Cloudwards.net team member personally verified the facts within the article.
- To help bridge the knowledge gap, OKEx has started its very own academy, providing valuable knowledge on all things crypto.
- Besides trading popular cryptocurrencies, OKX offers spot, futures, and derivatives trading.
- Trading fees on Crypto.com are up to 0.4%, which is high compared to OKX’s 0.1% taker fees.
- The content on this website includes links to our partners and we may receive compensation when you sign up, at no cost to you.
- With OKEx, users can diversify their investment portfolio using advanced tools for cryptocurrency mining, holding, and wallet management.
First, it is difficult to find market news and analysis., which means you’ll have to find a third-party tool that offers instant market updates. Further, the charts are not intuitive to derive insights and can be difficult to use. CopyTrade lets you assume the trading position of these experts. You also get to review and choose which trader suits your risk appetite, as you will be provided with the necessary details about the trader.
Step 1. Open an account with OKEx
Because of the simplicity of the design, seeing these tabs do not feel overwhelming. Since the ‘More’ tab does not pressure the user, new users can go onto the okex review site without feeling like any of these extra features are required. Experienced traders will notice they have plenty of options to utilize to their advantage.
- These provide multiple lists of cryptos based on turnover, market cap, changes in price and a list of new entries into the market.
- Market makers can receive rebates if they generate over 100k in BTC trading volume on a 30-day basis, similar to other platforms like ByBit.
- According to OKX, its semi-offline servers cannot be compromised — even if physically attacked.
- This basically means that margin will be drawn from not only your futures account where the funds are but also from the other accounts where you have funds.
- However, if you wanted to sell an option, this could be done, but you would have to request it.
- Registering for a trading account is mandatory in order to use the platform and trade cryptocurrencies.
- Please be aware of the risks involved with any trading done in any financial market.
You can also check out how OKX approaches security on their OKX Risk Shield page. Perhaps one of the most important of these is two-factor authentication. There are two options to do this, the first is to use an SMS authentication, and the other is to use the Google authenticator.
OKEX Exchange Rebrand to OKX
As Bitcoin experiences a surge in popularity and adoption, cryptocurrency firms like OKX are positioned to play a crucial role in the evolving landscape. Established in 2017, OKX has emerged as a respected player in the cryptocurrency space, offering a comprehensive suite of products ranging from mining pools to NFTs (Non-Fungible Tokens). The platform facilitates access to over 400 crypto tokens through OTC trading and derivatives, making it a versatile choice for traders seeking diverse investment options. Notably, during this Bitcoin surge, OKX’s low order maker fees, and the possibility of fee-free transactions for VIP users conducting transactions exceeding USD 5 million, contribute to its appeal. The platform’s commitment to providing an excellent web interface, developer tools, and dynamic charts further positions OKX as a preferred platform, particularly for technical traders navigating the complexities of the crypto market during this period of heightened interest and growth in Bitcoin and the broader cryptocurrency ecosystem.
The exchange also allows for peer-to-peer transactions, although those are only available for Rupees, the Vietnamese Dong, and the Chinese Yuan. However, OKX provides competitive trading fees and good opportunities for high-yield staking, and its friendliness to beginners is a positive touch. It also supports a wide range of nearly 100 fiat currencies, so it’s useful for users who want to make their purchases with less popular currencies.
Where is OKEx based?
The OKB token is the native utility token of the OKX ecosystem, offering users a plethora of benefits and powering various on-chain activities. As an ERC-20 token on the Ethereum mainnet, OKB has a capped supply of 300 million units. OKB holders enjoy trading fee discounts, with up to a 40% reduction based on the amount of OKB held. The token also grants access to OKX Jumpstart, a platform that unveils new, quality crypto projects, allowing users to invest using OKB. OKB plays a role in listing votings, where holders can use their tokens to vote for their preferred new listings on the exchange.
We’re thrilled to hear that you find our newest version’s UI/UX to be really good. We’re constantly working to simplify the interface while still providing all the necessary features. We’re glad to hear that you’re enjoying the trading experience on OKX. Top registered and regulated crypto trading platform for Canadians. Us residents have to use OKCoin, OKX’s sister platform that offers limited coins and features. You can choose between Dual Investment, Savings, Flash Deals, and Staking accounts.
