Malta-based OKEx has been touted as one of the most preferable exchanges to use, and if you're doubtful of this opinion, there is reason to believe. OKEx was founded in 2017, and since then it has risen to the ranks of being among the top exchanges in ballparks of daily trade volume. The platform's interface is quite sophisticated and better enjoyed by professional traders. Although it is reported to support fiat as well as crypto, the only fiat it supports is the Chinese Yuan; that's a bummer. An added bonus is tat hey possess their own utility token (can b e used to pay processing fees) and an integrated secure wallet.
OKEx's addition of the BTC/USDK pair is a classic that is performing well on the exchange. Bitcoin, being the first cryptocurrency to be created and the first valuable in the market helps this out. It has experienced a lot of trade on the platform, and hen there's USDK. USDK is a stablecoin which was launched by the OKEx platform; stablecoin implies that the coin is secure against market volatility and its value is pegged to the US Dollar.
The fact that there is always a balanced ratio between the value of the dollar and USDK's value (this ratio equals 1) shows how this pair will be important. OKEx's support of only the Yuan fiat is a handicap to traders who would want to maintain the value of their assets and transactions in a more universally accepted fiat. The US Dollar is a fiat that people will prefer to trade in, yet OKEx does not support it. USDK can act as a substitute for it, and this property makes the pair a highly needed one on the platform.
The pair was announced on OKEX's twitter platform on June 3, 2019 and has amassed man traders since hen; so in consideration, it was a great move.