Okcoin Reviews Read Customer Service Reviews of okcoin com

Okcoin Reviews Read Customer Service Reviews of okcoin com

The staking section is good and the more you add coins for staking, the much better. And one last thing persuade the SEC or other government department to add futures or margin trading. We do currently support our services in Columbia, including wire transfer deposits. We’re working on making the platform easier to navigate and should have improvements to app coming out soon. If you have any questions in the meantime, please reach out to us on Twitter with a direct message @okcoin and we’d be happy to help.

In addition, there is also an OTC desk for buying and selling large amounts of crypto without slippage. Okcoin offers deep liquidity and quick executions with this service. US residents are allowed to access the platform through Okcoin USA, which is okcoin review a money transmitter and registered MSB with the US Treasury Department. Individuals of certain states may not use the exchange, such as Hawaii and some others.

What Are Okcoin Features?

The V5 API, on the other hand, is a WebSocket API that provides real-time market data and allows for order management and trading. OkCoin Exchange has some of the best fees on the market today across trading platforms. This applies to both their trading fees and their deposit and withdrawal fees. For crypto trading, maker fees start at 0.1% and can go as low as 0%, while taker fees start at 0.2% and can go as low as 0.02%.

Grow Your Crypto with OKcoin Earn

The cheapest method to deposit funds to Okcoin within the USA is using a wire transfer, which does not have any fees. There are no foreign conversion fees for customers who deposit funds from the US. For users in Europe, SEPA has a small fee of €0.20 +0.3% to deposit Euros, which is fairly reasonable. There are 2 options to obtain cryptocurrency with fiat money using Okcoin, including a one-off purchase or recurring orders.

• Corporate accounts can include 20 or more designated individuals).
• The System Status page can be useful to see if there is scheduled maintenance that can cause delays with withdrawal requests.
• To compare apples to apples, you’ll want to look at Coinbase Pro and Gemini ActiveTrader, each of which target high-volume traders.
• OKcoin works with external cybersecurity firms to address vulnerabilities and undertake regular security audits.
• However, there are a number of concerns by existing Okcoin app users regarding network connectivity issues and minor glitches preventing login, ID verification and withdrawing funds.

Special Offers

Hence, US users who cannot use Binance International may opt for Okcoin or Binance US equally. International users who can use FTX International may prefer FTX. 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. They also use a microservices architecture to authenticate and authorize every access request that is made to a user’s account. This means that all user sessions are secure and validated with complete identity protection.

What Services does Okcoin offer?

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. The OKcoin platform is very clean, easy to navigate and simple to use. The exchange is web-based and can be accessed from a computer or mobile device, and through the beautifully designed and intuitive mobile app on IOS and Android. Although Okcoin may be an easy-to-use platform, it’s important to understand that crypto is still considered a riskier asset class due to its volatility. Additionally, frequent trading is generally riskier than a buy-and-hold approach.

Customers who want to convert fiat into crypto at a particular price can use the off-off-time purchase to select a payment method available to their country of residence. Once the transaction is completed, the purchased asset will appear within the Okcoin wallet once the payment has cleared. Okcoin supports a wide offering of cryptocurrency coins and projects that can be bought and sold on the exchange.

• If you have any questions or further feedback, feel free to send us a message on Twitter @okcoin.
• The people behind the exchange think that security deserves a 360-degree view.
• Flexibility will bring convenience for you, and you may be able to cash out your assets early or set a staking period as per your preference.
• OkCoin Exchange has some of the best fees on the market today across trading platforms.
• Also would be nice to have transactions records (buy/sell/limit/market orders/earn etc.) shown in one place.
• With 46 tradeable markets and over 30 crypto assets, should you make this your new crypto exchange platform?

Okcoin might be best for someone interested in trading cryptocurrency pairs, as well as trading crypto/fiat pairs. If you live in Hawaii, Indiana, Louisiana, Nevada, New York, or West Virginia, you won’t be able to open an account with this trading service. You can also take advantage of its Pro platform, which offers access to different types of orders and allows you to complete more complex trades. There are several other tokens available, including Tether (USDT) and other stablecoins and altcoins. However, Okcoin doesn’t offer as wide a variety of tokens as other exchanges, including Coinbase and Binance.US.

As of 2025, Okcoin has expanded its operations to serve users in over 100 countries, making it a global exchange. However, it’s crucial to note that regulations surrounding cryptocurrency trading can vary significantly across jurisdictions. Our number one priority is keeping accounts and funds safe on our platform, which means we have strict risk policies in place to ensure that security. We’re more than happy to help expedite the KYC review process and answer any questions you may have, so please feel free to send us a direct message on Twitter @okcoin and we’d be happy to help.

Binance wins in the fee department easily due to its incentives and reductions. Okcoin also offers some reductions but its reductions are not as aggressive as those by Binance. Gemini offers 62 coins and 86 trading pairs which is about the same as the amount offered by Okcoin.

These may include advanced trading tools, such as charting and analysis tools, as well as various order types to execute trades under specific conditions. Founded in 2013, Okcoin has established itself as one of the oldest and most reputable cryptocurrency exchanges in the market. Originally based in China, Okcoin has since expanded its operations globally, catering to a diverse user base across various countries. The platform positions itself as a leading exchange that offers a wide range of services beyond simple trading. These services include staking, earning interest on crypto holdings, and various trading products suitable for both beginners and seasoned investors.