Star Xu founded Okcoin in Beijing, China, in 2013 as one of the world’s most reliable fiat-to-crypto companies. With the addition of the hot wallet, Okcoin offered trading pairs with high liquidity, profitable interest-earning schemes, and several altcoin markets.
Okcoin Summary
| Official Website | https://www.okcoin.com/ |
| Headquarters | San Francisco, California |
| Found in | 2013 |
| Native Token | No |
| Listed Cryptocurrency | 20+ |
| Trading Pairs | 30+ |
| Supported Fiat Currencies | USD, Euro, Japanese Yen |
| Supported Countries | 192 |
| Minimum Deposit | 0 |
| Deposit Fees | Low |
| Transaction Fees | Maker – 0.10% to 0.00% Taker – 0.20% to 0.02% |
| Withdrawal Fees | Low |
| Application | iOS and Android |
| Customer Support | Email, Telephone, Ticketing system, Live chats & FAQs Support |
Okcoin is a registered Money Services Business, or MSB, with the Financial Crimes Enforcement Network. It offers over 30 trading pairs and advanced features to beginners as well as high-volume traders in 192 countries worldwide. The company aims to make crypto assets accessible to all customers while adhering to high regulatory compliance standards.
In general, Okcoin reviews provide unbiased information, but should not be taken as financial advice. The best advice is to do intensive research on the platform before investing.
What Is Okcoin Exchange?
Okcoin was developed by Star Xu in 2013, Beijing, China. It offers fiat deposits with cryptocurrencies such as Ethereum, Bitcoin, Ethereum Classic, Litecoin, and Bitcoin Cash. Designed to be user-friendly for both professionals and individuals, Okcoin strives to remove trading barriers, including margin trading, on a global scale. Asian and Chinese markets are Okcoin’s biggest target markets.
The main priorities of Okcoin are customer satisfaction, transparency, fast and reliable support. They offer services and products, including cold storage, security encryption, and regular withdrawal and deposit monitoring. As part of its customer service focus, Okcoin offers a mobile app to access the exchange platform and an array of trade types, such as futures, margin trading, trailing stops, and Iceberg orders.
How to Use the Okcoin Exchange?
Okcoin is an extremely user-friendly platform and gets the trading done in just a few clicks. However, to get access to the exchange, you have to register for an account, either a corporate one or a personal one. Upon completion, link your bank account with Okcoin’s newly created account for easy exchanges.
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Pros and Cons of Okcoin
| Pros | Cons |
| Above-par liquidity | Requires verification for withdrawals |
| Futures and Margin trading are available | Less variety of tradeable crypto assets |
| Competitive and low trading fee | Lacks MetaTrader platforms |
| Advanced platform | BTC trading volume artificially inflated |
| Fiat currency withdrawals and deposits |
Supported Countries and Cryptos
Supported Countries – Around 192 countries buy and sell crypto on the Okcoin trading platform except for the following countries-
- Iran
- Cuba
- North Korea
- Syria
- Sudan
- Crimea
- Malaysia
- Bolivia
- Bangladesh
- Ecuador
- Kyrgyzstan
Supported Crypto Coins on Okcoin:-
- Bitcoin Cash ABC
- Bitcoin
- Celo Coin
- Celo Dollar
- Dai
- EOS Token
- Ethereum Classic
- Ethereum
- Gemini Dollar
- Grin Coin
- Hedera Hashgraph Coin
- Litecoin
- Paxos Standard
- Polkadot Coin
- Stacks Coin
- STASIS EURS Token
- Tether
- TRON Coin
- TrueUSD
- Uniswap Token
- USD Coin
- USDK