One of the most popular digital commodity trading platforms all over the world is OKEx . Which is launched by OKCoin.com. Word-avowed companies exemplify  Alibaba, Tencent, and Huawei are the entrepreneur of the medullary team of OKEx. This platform believes in reshaping the ways of the core ethics of Bitcoin, the blockchain, smart contracts, and the distributed ledger in which people reliance each other that will eschew barriers to transactions, enhancement the proficiency of transactions, and in due course have a serious impact on the global economy. Thus the digital asset trading platform company has foregone graceful salaries on the other hand and adherent themselves to the blockchain technology revolution.

The developed technology for example distributed storage, distributed server cluster, GSLB, and high-speed memory based treading engine all supported in umpteen machines, wallets with offline kyes, and location wise cold storage are obtained by OKEx. To improve and innovate their product and services, the company is incessantly listening to the requests and suggestions of their customer.   

An important announcement was emerged by on May 26, 2017: they were halting the trading activity on OKCoin.com on May 30, 2017, and would launch the new futures trading exchange at OKEx.com with their users. Their focus was on becoming a systematic global fiat-blockchain commodity trading platform oblation spot and margin trading.  

OKEx Review

Now let’s jump to the review.

Features:

Features:

  1. Multi-platform support such as iOS, Android, Mac, and Windows including a web platform, API, and mobile app.
  2. Capitalized with $10 million dollars (USD) backing from investors like Tim Draper, Ceyuan, and Mandra Capital.
  3. Open positions 0.03%, and closed positions none. In two words low fees.
  4. Polynomial hoop for easy defends and arbitraging.
  5. Progressive market (the global lead market in liquidity).
  6. Maximize profit with 10x or 20x leverage.

Cryptocurrency like Bitcoin, Ethereum, litecoin, Ripple, EOS, NEO etc can be traded with OKEx.

Trading Fees:

Trading Fees:

They calculate customer’s trading volume every day and fees according to the chart below:

To be competent for a tier, s/he are only required to encounter the minimum trading volume claims of either Futures or Spot.

Illustration: S/he Spot Trading volume in the last 30 days is 1000 BTC (Rank 2) and Futures trading volume is 2,1000 BTC (Rank 3), s/he is then eligible as a Rank 3 user and can enjoy the discounted fees of the tier for Future and Spot Trading.

Spot Trading:

Spot Trading:

  • 1-month Trading volume.
  • The transactions according to cost value in lifting currencies at that time are recorded in the system.
  • The system will calculate the total trading volume in BTC identical in every 24 hrs at 00:00 UTC+8.
Future Trading:

Future Trading:

  • 1-month Trading volume.
  • All positions opened or closed in USD identic according to the prices at that time with contract face value are recorded in the system.
  • Every 24 hrs at 00:00 UTC+8 system will calculate the total trading volume in BTC identic, following to the avg. barter rate of USD to 00:00 UTC+8 of the last 1 month.

24hrs withdrawal limit: The limit of withdrawal all digital assets for the day in BTC identic. Anyone contact customer service manager if s/he wishes to increment the limit.

Others:

Others:

By specializing in BTC and LTC futures, OKEx becomes a cryptocurrency trading platform. iOS, Android, Mac OS X, and Windows are the available operating system for the exchange. Their exchange offers low fees. Which is along with dynamic fluidity in BTC/USD and LTC/USD.

Presently,  cryptocurrencies  can be being tradable by visiting OKEX.com

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