A well-designed exchange that keeps fees to a minimum, has a solid crypto selection, and offers rewards through crypto staking. Make sure you are okay with the best rate on the market and the 0.25% service fee. Confirm the transaction and sign in/sign up with just your email to save your transaction history. Fast and secure way to exchange and purchase 150+ cryptocurrencies.... The trading volume at this exchange is not overly impressive.

You're looking for a platform with a smooth design that makes it easy to jump in and start investing. Yes, OKCoin has a mobile app for iPhone, Android, and iPad. Get the latest news and best offers from the crypto community by joining our newsletter.

You can buy, sell, and trade cryptocurrencies on Okcoin, using your desktop or laptop, or via iPhone or Android app. Buy Bitcoin , Ethereum , Dogecoin , Shiba Inu and 30+ other crypto assets in a tap. Okcoin is a secure crypto exchange that makes it easy to buy, sell, and hold your cryptocurrency with the lowest fees around.

How do I deposit in OKCoin account?

It offers over 30 trading pairs and advanced features for beginners and high-volume traders in 192 countries worldwide. Okcoin is a registered MSB or Money Services Business with Financial Crimes Enforcement Network. It aims to continue making crypto assets accessible to all customers, complying with the high regulatory compliance standards. OKCoin is an excellent exchange for the advanced trading of some of the most popular cryptocurrencies on the market. The exchange is highly liquid and is trusted by many people from all over the world. The OKCoin trading platform is very responsive and beautifully designed.

We keep your deposits safe through offline storage, 24/7 transaction monitoring, and multi factor encryption. With the best uptime in the industry, you’ll be able to trade when the market is hot. Your trading fees are determined by trailing 30-day volume. All volume is converted to USD using the exchange rate of the digital asset at the time of the transaction. Grow your crypto holdings with a variety of yield generating DeFi offers.

Select the type of order you want to place from the order bar and choose whether you want to purchase or sell. This company raised many red flags as a crypto investor. I emailed Okcoin for help several times and they will not respond. I received an email from Okcoin stating “all my documents had been received and account was verified”. We recommend researching a wide range of sources before using these services.

Okcoin Review : A Low-Fee Exchange for Active Traders

OKcoin has a fantastic self-help and educational area with dozens of beneficial self-help articles. Self-help articles are also great as many issues are often just one article away from resolving yourself without needing to wait for a member of customer support. Okcoin is lacking in terms of trading pairs and cryptocurrencies supported, but they are always listing new cryptocurrencies. Okcoin uses 2FA for logins and withdrawals, and encryption to protect your account and crypto holdings on the platform. They also log you out of your account automatically after a period of inactivity. Its operations pulled out of China, its largest market, in 2017 after several crackdowns on cryptocurrency, and is now based out of San Francisco, while Xu works out of Hong Kong.

The aforementioned points are what make Okcoin an excellent choice for traders and investors. Some users criticize the lack of live chat customer support, but I have found that if you run into issues you can always contact them via email and they will reply in a reasonable time frame. The basic functions of the platform are extremely easy to navigate. If you want to buy and sell crypto at market prices, just go to the price page and click “buy/sell” next to the coin you want. The layout is clean, and the help center has articles to explain each of the features.

Trading fees are determined on the sliding scale, and it takes into account the monthly volume. The taker fees fall as the trading volume increases, while the maker fees remain zero. Okcoin reviews provide unbiased information but should not be taken as financial advice. The simple advice is to conduct intensive research on the platform before investing.

Constant security reviews ensure a safe and secure platform for members. Full time support for all platforms at all times through various communication channels. Allows you to grow your crypto holdings by participating in... It’s one of the world’s largest regulated digital asset exchanges, operating in more than 100 countries. One of okcoin review the most interesting features offered by Okcoin is its “Earn” program, which offers up to 17% APY on your crypto (as of Aug. 24, 2021), depending on the cryptocurrency involved. With Earn, you can stake different cryptocurrencies, earning rewards in crypto and receiving additional coins in return for holding your funds in crypto.

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I tried logging into my Okcoin account to see if I have been hacked, only to find I am unable to log in because I have “lost access to my authenticator app”. I have never used an authentication app to log in to Okcoin in the past. Given that this firm is a total fraud, I never would have imagined that okcoin would be in this predicament where I am unable to withdraw from it. But because of "ELEGEC," who pays in double and makes it simple to remove every profit, I'm currently leaving behind a beautiful existence.

Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services. All of the foregoing are of course implemented to ensure maximum security. FinanceBuzz has partnered with CardRatings for our coverage of credit card products.

Securities offered through Robinhood Financial LLC, a member of FINRA and SIPC and a wholly-owned subsidiary of Robinhood Markets, Inc. The default buy/sell tool is straightforward and perfect for beginners who want to trade crypto without getting overwhelmed. The advanced platform gives you more charting tools, which are helpful for more experienced investors. For comparison, many popular crypto exchanges have fees starting at 0.5%. You'll keep extra costs to a minimum when you invest in crypto with Okcoin, and over time, that makes a difference. Access all tokenomy platforms using your existing Indodax credentials.

Other Centralized Exchanges

Okcoin also has an over-the-counter desk that allows you to trade quickly, without going through the exchange. However, you need to be a high-volume trader to access this feature. Okcoin also features articles on cryptocurrency for https://forex-reviews.org/ beginners, which allows you to learn more about the implications of upgrades, crypto news, and blockchain technology. Our mobile app makes it easy to buy crypto and see whats happening with your portfolio while youre out and about.

• Okcoin exchange is extremely user-friendly and gets the trading done in just a few clicks.
• One potential choice for cryptocurrency trading is Okcoin, an exchange that offers a variety of features that could work well for beginners as well as advanced traders.
• You can take a look and see if you should worry about them.
• The Okcoin mobile app offers the same features as the web platform, so you can use it for crypto trades, staking, deposits, and withdrawals.
• Here we will cover Okcoin’s pros and cons, fees, features, cryptos listed, and everything you need to know before you sign up.

Withdrawals in USD are possible through bank transfer or wire transfer; both cost a 0.10 percent fee along with a minimum fee of 15 USD. If your a beginner in crypto it's a little like kucoin exchange when you have to transfer from funding account to trading account but after that it's smooth sailing. Deposits and withdrawals on Okcoin are free of charge when made through a bank account. You can also deposit funds using a debit card, but there's a 3.99% fee.

Different Trading Options Offered by Okcoin

If you're a regular trader on the platform with large trading volumes, you can tap into even lower fees. Fee reductions start once your 30-day trading volume exceeds $100,000. And if your 30-day trading volume is greater than $500,000,000 USD, the maker fee is 0.00% and the taker fee is 0.02%. Okcoin has built a platform that prides itself in providing the highest security measures. But you don’t have to pay an arm and a leg for the opportunity to make trades through Okcoin. Let’s take a closer look at what Okcoin is and what it offers users like you.

The company has discovered their identity, brand and niche in the crypto industry. The platform is very user friendly and is suitable for both advanced and beginner traders and hodlers alike. OKcoin features one of the most advanced trading platforms with highly liquid markets and a stable platform. The trading platform has all the trading features and technical analysis tools to make informed trading decisions. In addition, it is very smooth, with orders executed instantaneously, which is essential with how fast crypto moves.

If you're more experienced, you may not need to pour over the free educational resources. However, you'll enjoy access to all of the comparison tools you’ll need to make your trades with confidence. If your bank a/c is not linked to your Okcoin a/c, link them before selecting the payment method. Level 1 Verification – Deposits up to USD 2000 permitted per day. To access an Okcoin, sign-up on the Okcoin exchange website. Fill up the given form, tick the agreement box, and click Sign-Up to log in to the new Okcoin account from its website.

You can select different trading pairs, check their charts, market conditions, prices at different timestamps, and much more in the one place. Not only that, but Okcoin allows users to access a full-screen professional trading option or the straightforward beginner-friendly option. You can go with either of them, depending on your understanding and expertise.

Even though I don't buy anything on their platform besides Bitcoin and STX, it's impressive how fast they bring products to market. Their Earn product is next level, if custody is your thing. Their integration with Polygon, Tron, and Lightning puts them way ahead of any other exchange in the US. No matter how advanced technology gets, people will still need proper guidance and learning material to understand things better. Things can get even more complicated when we start talking about cryptocurrencies and the blockchain.

OKCoin accepts cryptocurrency deposits as well as USD and CNY deposits made via bank and wire transfers. OKCoin is not a regulated cryptocurrency exchange under any financial regulatory agency. OKCoin features downloadable mobile applications for both Apple and Android mobile devices.

Coinbase also has a rewards program, which allows you to earn extra tokens for learning about new altcoins and earn a return for staking. Their Subreddit and Telegram were jammed packed with posts claiming they were a "Scam" because users couldn't withdraw the coins they just bought. Every exchange from Coinbase to Okcoin to Binance, will put a hold on withdrawing your newly bought crypto until the funds have posted. When it comes to trading with Okcoin, they focus quite a lot on their Premier trading program, which is built keeping some critical things in mind.

Are There Any Fees?

OKCoin offers both wire transfers and credit cards as deposit methods. This makes OKCoin an “entry-level exchange” where new crypto investors can take their first steps into the thrilling crypto world. To make the image more unprejudiced, we will show the disadvantages of the platform, too, which usually appear in the feedback from traders. The version of the website are just in Chinese, Hongkongese and English. Starting this project its founders declared they wanted to create the international crytpocurrency trading service.

Okcoin - Buy Bitcoin & Crypto

An Iceberg Order is one of the order strategies covering full-order size directly from the book of orders. In Trailing stop orders, as the order turns more profitable, the stop price also modifies. Trail orders help protect the capital when they change due to the change in the profits. Another order for selling and buying cryptocurrency immediately at the current market prices is the market order. To withdraw funds, log into the Okcoin account and select Assets. Additionally, there are VIP levels achieved by gathering reward points after completing KYC details and trading.