We’re always working on making improvements to the website/app. As for the slipping fingers, we ask all of our users to confirm the details before they make a purchase/trade, so you may be having a personal account issue. Feel free to send us a direct message on Twitter @okcoinhelpdesk and we’d be happy to take a closer look.

Furthermore, Okcoin has a FAQ page for commonly asked questions that answer the most frequently asked queries of average and advanced traders. The Okcoin exchanges have a maker fee of 0.20 percent, which is comparable to the industry average. The maker fees on Okcoin are 0.10 percent lower than the cryptocurrency industry average. Investors who do not want to pick up the existing order from their order book can use Okcoin as their trading platform. The fee structure has made Okcoin one of the world’s most successful trading cryptocurrency platforms, with both a high trading volume and low fees.

OKCoin is one of the industry’s oldest exchanges, founded in China in 2013. Over the years, it has evolved—expanding globally, launching projects like OKEx, and in 2023, announcing a rebrand with plans to unify services under the OKX brand. The total quantity of bitcoin accessible in payment channels limits the amount of bitcoin you may transmit through the Lightning Network.

Worst platform for crypto

Users have shared overwhelmingly positive feedback about OneSafe, highlighting its exceptional customer support and innovative solutions that simplify complex financial tasks. The overall rating for OneSafe is 4.8 out of 5 stars. Another unique feature is that of recurring transactions, be it buy or sell orders. This means that users can automate any transaction for any eligible holdings, no matter the market conditions. Experienced investors use recurring buys, also known as dollar-cost averaging, to eliminate market volatility over a longer period of time. For that trading Bitcoin, for instance, the exchange recently integrated the Lightning Network.

Security Measures

• In addition, the exchange’s total selection of trading products is limited to only a moderate amount of spot trading options.
• It is not difficult to see market data, place trades, and see your balances.
• Additionally, Okcoin provides instantaneous funding through partnerships with global banking networks like Signature Bank and Silvergate Bank.

You must study the reviews before entrusting the security of your assets to the exchange. With the Okcoin app, beginners can buy crypto directly and see live prices. However, some concerns about their mobile app, like network issues and minor glitches on the Okcoin mobile app, are among the most common complaints by users. The response time for customer service matters on the desktop website is reportedly slower than on the mobile app, but now they come with the high technology you must try once. You must either send a bank transfer or wire money to make a USD deposit.

OKCoin Cryptocurrency Exchange Review

They seem to constantly improve things and most complaints of the app I have had are either being resolved or I am just getting really used to it. If you want to pay less that $1 per buy (and lots of times fees are waived for reoccurring purchases), give it a try. Go to Other exchanges and you can easily pay 5-20 times that. In conclusion, while BitMEX and Okcoin offer robust platforms for institutional and professional traders, OneSafe stands out with its exceptional customer support and innovative financial solutions. Each platform has its strengths, but for a seamless and comprehensive experience, we recommend OneSafe. Its user-friendly approach and reliable services make it a top choice for businesses looking to simplify their financial operations.

Written by the company

International wires may have $100 minimums for some regions. Crypto assets do not have a minimum withdrawal listed at this time. Advanced users who desire both competitive fees and a greater selection of trading products than what either Okcoin or Coinbase offer may find the choices below equally valuable. In addition, the exchange’s total selection of trading products is limited to only a moderate amount of spot trading options.

I first discovered Okcoin due to their early support and advocacy for Stacks. It’s still the primary way I purchase STX these days. I like that they took those risks and did other BTC positive moves like supporting lightning. The only thing that has made my experience less than stellar is the lack of other coins within the stacks ecosystem being available (xBTC, USDA, DIKO and ALEX for example).

State of the Cryptoverse

OKCoin is a mature crypto exchange with several strengths, such as an easy interface and margin trading. However, users should be mindful of drawbacks, including fewer trading pairs, withdrawal delays, and language limitations. Always review the latest platform conditions and take proactive steps to protect your assets.

It is a US-based cryptocurrency exchange that launched in 2013 that serves over 100K registered investors in 190+ countries. I received a suspended account notice on May 25th, 2022. I reached out several times via their shield email to get it unlocked and the company has been non-responsive. They should have a customer service number for us to call.

• After $10 million in trading volume (tier 5), all maker fees are removed.
• Go to Other exchanges and you can easily pay 5-20 times that.
• The OKCoin app is compatible with both iOS and Android.
• To deposit cryptocurrencies you just need to select the funding tab and send as much as you want to the respective address found there.
• There is a ten business day holding period for newly deposited funds/purchased crypto before they become available for withdrawal.
• Nevertheless, the individuals desiring a convenient and trustworthy platform may resort to OKCoin.

The app allows basic order types like market and limit orders. And you may also enable price alerts or create a recurring purchase in case you do not want to check the prices regularly. I found such security measures as biometrics-based log-in and multifactor authentication to be well incorporated and not to slow down anything. Newcomers can use basic buy/sell options, while more experienced users can use customizable charts and a trading environment. Tried to withdraw based on their okcoin review deadline, they have “wallet maintenance” going on; even though network is fine. Now I’m charged maintenance fees even though they can’t facilitate my request within their deadline.Should have seen the red flags when they were promoting MIA.

Why is your company holding on to my money when they don’t want to trade with me.. You are affecting my life and nobody care, Is this how you do business and you want more customers. I will keep commenting on every platform till my money has been to me me. You have my name and email on your platform, You cant say you not seeing that. You are a wrong people to deal with it and stop the fake reviews you people are doing. I NEED PHONE NUMBER OF WHOM TO SPEAK WITH AND TO SORT THINGS OUT ONCE, NOT TO BE PLAYING ME AROUND.

It is a cryptocurrency asset trading platform that allows users to deposit fiat currency into their cryptocurrency wallets and then exchange cryptocurrencies for fiat money using the platform. This exchange is simple to use by both professionals and individuals. They aim to create a reliable and efficient global exchange by eliminating trade barriers, such as margin trading, on a universal level.

Okcoin is a cryptocurrency trading platform designed for institutional clients, offering services such as spot trading, OTC trading, and leverage trading. Unique features include industry-leading low fees, instantaneous funding through global banking partners, and advanced trading tools. The platform also supports API connectivity and provides 24/7 global client services. We highly value account security and have several protocols in place to ensure the integrity of the accounts on our platform. One of these is a 10 business day holding period before newly deposited fiat or purchased crypto become available for withdrawal. The more you use the platform, the shorter the holding period usually becomes.

US users trading at FTX US need to do KYC procedures and may prefer it over Okcoin as well, but the two are similar in strengths. Fees will be more competitive at FTX as a trader’s volume is higher and the fee structure is transparent and clear, since FTX offers both fee incentives for volume and for holders of its FTT token. The main disadvantage of Okcoin is its relative lack of crypto financial services when compared to a large competitor exchange such as Binance. Its options for staking and earning yield or interest are much more limited in comparison. The best parts of Okcoin are its overall comprehensive exchange services for traders and investors that put it in the top 10 exchanges by volume around the world.