OKEx Exchange Review 2021 – Details, Trading Fees & Features

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Avatar for CryptoRadee
3 years ago

OKEx is a well-known digital assets exchange among crypto enthusiasts that offers various financial services to traders.

OKEx exchange also comes with hundreds of trading pairs. It is also known as one of the top crypto exchanges in terms of trading volume. 

OKEx exchange is available in more than 100 countries catering to millions of users. 

OKEx was established in China in 2017. OKEx was then relocated to Malta. The exchange satisfies all the rules and regulations imposed by the Chinese government. 

Platform Interface

OKEx exchange offers a range of services when it comes to crypto trading such as margin trading, placing limit orders, stop-loss orders, fiat-to-crypto trades, etc.

Key Features and Functions 

  1. Crypto-to-crypto and crypto-to-fiat trading 

  2. Customer-to-customer (C2C) trading: This feature enables traders to trade cryptocurrencies with each other. 

  3. Spot and margin trading: Spot trading allows users to trade digital assets using their funds. In margin trading, users can borrow funds. 

  4. Futures contracts: This feature allows users to trade cryptocurrency at a set price on a future day. 

  5. Integrated storage wallet - OKEx exchange offers a mobile app available both on Apple and Android devices. 

Supported cryptocurrencies

This exchange supports all top players such as Bitcoin(BTC), Bitcoin Cash(BCH), Ethereum(ETH), Tether(USDT), Litecoin(LTC), Bitcoin Gold(BTG), etc and the list goes on. 

Payment Methods

  • Bank transfer

  • Credit or Debit cards

  • Alipay 

  • Crypto-to-crypto 

  • WeChat network payments

Pros and Cons

Pros

  • No records of being hacked 

  • Number of options and functions available for users 

  • Built-in wallet available with its app

  • fiat-to-crypto trading 

Cons

  • Not available in the USA

  • Mobile app has a low rating on the marketplace 


    To conclude, OKEx crypto exchange offers users convenient yet advanced options and features for their day-to-day trading. OKEx is one of the best choices someone can opt for. Please also check OKEx Exchange Review article CoinQuora for a deeper analysis.

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