Whether you are interested in buying or trading crypto, you should look at this OKEx review. This focuses on all major aspects and features of the platform that can help every interested party in determining whether using the exchange is suitable for them or not.
A thorough look into the features of an exchange is generally a good practice because before you opt for a platform, you should at least know if it suits your needs or not. One of the several factors to consider also includes the security system of the platform. Using a platform that prioritizes your safety is a far better option than opting for just any exchange. Therefore, it is a major contributing factor and exactly why you should go through the details mentioned in this brief OKEx exchange review.
OKEx Review – Introduction of the Platform
The OKEx platform, also known as, OKX, was launched in 2017. It is headquartered in Seychelles and offers some of the best and high-end features that has grabbed the attention of a vast audience all around the world.
After becoming one of the leading crypto platforms in the industry OKX expanded its business further to Malta.
There are several reasons why the platform is prominent and can be a suitable option for you as well.
Trading Fee Charged by OKEx
This OKX exchange review targets all the important aspects of the platform that include the fee structure of the platform. Every crypto trading platform charges a fee that the users are required to pay. While some exchanges have a straightforward fee structure, others include hidden charges that increase the fee unusually high and also put the security of the exchange in question.
However, one of the impressive points of the platform mentioned in this OKEx review is its fee structure. The fee charged by the platform is one of the lowest and is also transparent.
Here are the details:
- 0.10% trading fee for market takers
- 0.03% to 0.05% trading fee for market takers (futures contracts)
The details of the withdrawal fee are:
- 0.0004 BTC for Bitcoin
- 0.1 XRP for Ripple
- 0.003 ETH for Ethereum
Going through the OKEx exchange review can help you get a good understanding of aspects such as the banking services. The payment methods supported by the platform include the following:
- Apple Pay
- Bank transfer
- Credit/debit card – Visa, MasterCard
- Cryptocurrency transfer
- KaKao Pay
- Western Union
Mobile Trading Application
We also mention the details of the mobile trading application of this OKEx review. The mobile application allows traders to:
- Easily access their accounts
- Manage their portfolios on-the-go
- Trade digital currencies
The application is user-friendly and offers a variety of features, including:
- Advanced charting tools
- Customizable trading options
- Real-time market data
OKEx mobile app users can also set up price alerts and stay updated with the latest news and announcements from the exchange.
An Inclusive Exchange
The OKEx exchange review highlights that it provides traders with an extensive selection of tradable assets. The platform offers exposure to both spot and derivatives trading, with over 350 digital tokens and more than 500 BTC and USDT trading pairs available.
The availability of a variety of assets includes OKEx’s native utility token, OKB, which is issued by the Blockchain Foundation and can be used to access a range of trading bonuses and perks on the platform.
Overall, OKEx provides traders with a wide range of options for participating in the crypto market, making it a popular choice for beginners and experienced traders, alike.
Customer Support Services
Another selling point of the OKEx platform mention in this OKEx review is the availability of the customer support services.
The customer support agents are available to assist the users 24/7 and are efficient in helping the users in solving various technical and trading problems.
The customer support agents have extensive support capabilities and can be accessed by the users through different mediums such as:
- Live chat
- Submit a ticket form
There is also a FAQ section that has the answers to questions that users ask frequently. This makes it easier for new users to get answers to common questions they may have.
Safety and Security of the Platform
With the help of this OKEx exchange review, you can also get a good idea about the level of security that an exchange offer.
OKEx claims to never have been through any kind of cyber-attacks or failures.
The safety of the exchange is enhanced by the implementation of high-end protocols such as:
- Email verification codes
- Mobile verification code for security settings
- Mobile verification code for withdrawal of funds
- Two-factor authentication (2FA)
If you want to learn about which exchange is the best for you to choose then you should go through informative reviews of different options such as the OKEx review. The information mentioned above can help you make an informed decision.