Okex Review | Why Should It Be Your Next Crypto Exchange Partner?  

Do you want to earn billions of dollars right from the comfort of your home? Are you considering Crypto exchange and trading as your new big move to become a millionaire?

Are you tired of finding a legitimate and user-friendly digital currency trading platform? 

If your answer to the above questions is yes, then you should certainly read this article to the end because, here, we are dealing with a thorough review on Okex, a crypto trading platform. 

Summary

GuideOkex Review
Established 2014
Rating Out Of 5 3
Trading Software Quantower
Minimum Deposit Varies
Website Click here

The future of crypto and digital trading is not a secret to us anymore! In 2009, when Bitcoin got created, its price was $0.

However, Bitcoin costs more than 47,000 USD at this time. Similarly, the remarkable and rapid growth of other digital currencies are landmarks, and there are thousands of success stories associated with them. 

So, in this article, we will give you a brief review of Okex and its crypto trading. So, be sure that you don’t skip a single heading and read till the end. 

OKEX

What Is Okex?

What Is Okex?

Okex is a digital crypto trading platform where you can buy, sell or invest your money in the form of digital currencies.

Okex and Okex Coin, is another platform of Okex, are digital crypto merchandising forums.

With a practical and simple User Interface and easily understandable features, it is serving more than 20 million users all around the globe. 


How To Use Okex?

How To Use Okex?
How To Use?

If you want to know how to gear up and start trading here, then go through and follow the below-listed steps:

  1. First, visit their official website.
  2. Please create your account on their forum and fill in all the required details. 
  3. Then, you will receive a 6-digit OTP code, either on your phone number or email ID. Enter that code. 
  4. Please secure your account by taking these steps: enable mobile verification and notification, set up the two-factor authentication in your account to receive notifications at every withdrawal, set up Google Authentication and its GA code and fund password to provide an extra layer of protection to your account. 
  5. Set up of KYC verification. To complete this purpose, you can click on the verification button on the overview page.
  6. For this, you have to add your country, personal name, ID card, and other details.
  7. Now, you have to enable preferences according to your needs. You have to choose the language and type of cryptocurrency you want to buy or sell. 

Now, your account is all ready to buy, deposit, or trade Okex. From now, you can perform the following three actions on the Okex platform. 

  • Buying
  • Depositing
  • Trading

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Why Choose Okex?

Why Choose Okex?

Having a headquarter in Seychelles and serving more than 20 million users worldwide, the biggest reason for trusting Okex is its security.

The protection factors of Okex are extreme and up-to-the-mark. 

Apart from all other security concerns Okex provides you, you must set up four different measures before trading in your account.

Moreover, the UI and UIX of Okex are, no doubt, easily understandable and user-friendly. It is not complicated like all other digital trading platforms have. 


Fees Of Okex

Fees Of Okex

The plans and pricing structure of Okex are pretty affordable. 

  • Maker Fees: 0.08%
  • Taker Fees: 0.1%

In the case of depositing and withdrawing fees, the plans and prices vary. However, we will be discussing the pricing structures of the top 5 cryptocurrencies. 

  • Bitcoin:

Deposition Fees: $0

Withdrawing Fees: 0.0004BTC

  • Ethereum:

Deposition Fees: $0

Withdrawing Fees: 0.00347736ETH

  • Solana:

Deposition Fees: $0

Withdrawing Fees: 0.01SOL

  • XRP:

Deposition Fees: $0

Withdrawing Fees: 0.1XRP

  • Cardano:

Deposition Fees: $0

Withdrawing Fees: 1ADA


Features Of Okex

Features Of Okex

The top features are below:

1. Variety Of Digital Assets: On this platform, you can buy, deposit or trade more than 25 different cryptocurrencies. And, of course, these include top world currencies like Bitcoin (BTC), Cardano (ADA), Ripple (XRP), Ethereum (ETH), Tether (USDT), PolkaDot( DOT), DogeCoin (DOGE), and Bitcoin Cash (BCH). 

2. Not For The Residents Of America: Although, Okex is an excellent platform for digital trading of cryptocurrencies and is entirely secure and authentic. However, you can not avail of its remarkable outcomes if you’re a US resident. But you can go to Okex Coin as a US resident. It is a sub-division of it and is operational in America. 

3. The Fluctuation In Maker And Taker Fees: You can face a decrease and increase in maker and taker fees here. However, this condition applies when your level of trader changes or your pair of crypto are different. Prices also change depending upon the type of pair and the digital currency you choose. 

4. Powerful Security And Users’ Protection: The security and protection of the users here are pretty strong. When signing up and forming your account, you must fulfill four safety and privacy criteria. Moreover, the login IDs and passwords of the users are saved in semi-offline temporary memory files to secure from online hacks and scams. 

5. The Concept Of Private Keys Of Okex: Three private keys are produced for the security purposes of Okex. And all of them are handled and controlled by three different people. Each of the critical owners is not allowed to travel alone. Moreover, alternatives are always activated in accidental situations for the robust backup system. 

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Types Of Tradings Available At Okex 

Types Of Tradings Available At Okex 

Following are the three main actions you can perform on the Okex platform regarding your crypto-currencies. 

  1. Buying of crypto
  2. Deposition of crypto
  3. Trading of crypto

As you know, in the categories mentioned above, there are thousands of ways to utilize your currencies.

Trading crypto is like a deep well. You can’t see the end of it. You can do trading on this platform in the following manners:

  • Crypto Mining Services
  • Margin Trading
  • Spot Trading
  • Perceptual Swaps
  • Decentralized Finances
  • Lending

What differentiates Okex from others?

Here are the features of Okex that differentiate it from others:

  • It has trading fees of 0.10% or sometimes less than this
  • It comes with high-interest staking opportunities
  • Buying cryptocurrency is super easy
  • You can use your bank account credit to buy cryptocurrency
  • It comes with a digital wallet feature
  • It offers future trading for EOS, Ethereum, and Bitcoin on a weekly basis
  • You can get weekly and monthly contracts with Okex
  • You get leveraged margin trading in future contracts

Our experience with Okex

My experience with Okex wasn’t great at all. I tried to deposit some money on Okex, but even after 7 days, my money wasn’t deposited.

So, there is nothing great about this trading application. I would give 1 start to this app. I heard good about it, but it didn’t work well for me.


Okex Comparison

Okex comparison
Okex comparison

Let’s compare Okex with other similar services:

Okex vs. Binance

Okex offers trading on hundreds of cryptos while using your cellphone or desktop system with low fees.

Binance for sure is one of the largest Bitcoin trading platforms, but Okex offers 400+ pairs and margins on top coins like Ripple and Bitcoin too.  

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Okex vs. Kucoin

The total score of Kucoin is 20, and Okex has a score of 78. Kucoin would charge you 0.06% fees, and the market fee is 0.02%.

Whereas Okex will charge you a 0.05% fee, and the market fee is 0.02%.

Kucoin has a cluttered interface, whereas Okex has a friendly interface. Both are compatible with both Android and iOS. 

Okex vs. Huobi

You can do cryptocurrency trading using Okex, but you can do spot, futures, perpetual swaps, and much more using Huobi.

You must have a minimum of 10 USDT of deposit in your Huobi account, but for Okex, it has to be $100. 

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Customer Service

Customer Service
Customer Service

The customer support services of this are speedy and helpful. You can contact them on their official contact number.

Or you can also chat with their representative and discuss your problem through their official online portal or email support.okex.com. 

You will soon receive their response, and then you can talk about your problem or solve your query with them.


Customer Reviews

Customer Reviews
Customer Reviews
  • By Zana J.

“When I search exchange, one thing my main focus has an easy interface AKA user-friendly features. Yes, Okex provides that. So, I am satisfied using this exchange. The support and community are also helpful, and I’m glad I found this exchange which I am comfortable using.”

  • By Marlon C.

“Now you know where you should go to find the best platform. Not just games but entertainment as well. Also, UI is simple, clean and trading is effortless. Impressed with the service.”

  • By Ronan A.

“Participated in recent campaigns. This community is very happening with tons of campaigns and events. Good platform.”


Conclusion

Conclusion
Conclusion

So, this is it. Okex has established its name as the leading digital crypto by providing revolutionary and remarkable financial and trading services to its clients from all around the globe.

If you also want a life-changing experience in the crypto world, this platform is worth your time, effort, and money. 


Frequently Asked Questions

Are The Maker Fees And the Taker Fees Fixed?

No, the maker and taker fees on the Okex platform is not fixed. It can fluctuate based on the type of currency you choose, the trading category, the real-time price of the currency, and the level of the trader.

Are There Any Deposition Fees On Okex?

No, there are no deposition fees on any crypto. However, you have to pay the withdrawing fees that depend upon the type of crypto you are choosing for withdrawing.

Where Is The Headquarters Of Okex Located? 

The headquarters of Okex is in Hong Kong. It is a Seychelles-based crypto agency and was founded in 2014 in China. 

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