Based in Malta, OKEx is one of the crypto exchanges that takes pride in a large trader-base. Its trading volume is in millions on a daily basis, which is why it is quite the popular platform among crypto enthusiasts, especially the traders.
The OKEx exchange was established in 2017 and is now available in more than 100 countries. The services it offers to its users are impressive, which is why the crypto exchange has risen through the ranks as compared to its competitors.
Therefore, if you have been planning to step into the crypto space and are looking for a suitable exchange, then here are some details about OKEx that can help you make an informed decision.
Wide Array of Digital Currencies on OKEx
This brief OKEx exchange review focuses on one of the most important reasons why you can consider using this platform, which is the digital assets supported by it. Different exchanges offer support to a different number of crypto assets.
However, people often opt for a platform that supports a wide range of digital currencies as it can indicate that it is capable enough of handling a large and different kind of audience.
Therefore, if you are looking for a good number of options then this can be a suitable platform for you. The OKEx exchange allows traders to do both spot and derivatives trading and offers more than 140 digital tokens.
It also supports around 400 Bitcoin and USDT trading pairs, which also includes its native token OKB.
Low and Transparent Fee Structure
OKEx is one of the trading platforms that is known to have a transparent and competitive fee structure. Why is fee structure an important aspect to consider? That’s because some crypto exchanges do not have a fair fee structure and often include additional charges that are not disclosed with the users beforehand.
Using such a platform is not only unsuitable but also quite risky. Therefore, taking a look at the fee structure of an exchange before using it is important. Fortunately, the OKEx fees structure is not only transparent but quite competitive too.
- For spot trading the fee is 0.15%
- Market taker fee ranges between 0.09% to 0.15%
- Withdrawal fee is 0.0005 BTC
Outstanding Customer Support
While looking for a cryptocurrency exchange, you need to be sure that it tends to the needs, concerns and queries of the novice parties. As compared to experts, it is understandable that beginners have more questions and need more assistance when they step into crypto space for the first time.
Thankfully, OKEx is one of the platforms that prioritizes the satisfaction of its customer above all else. This exchange is known to offer an online support that is accessible and available for the users around the clock. The customer support team of the exchange have exceptional and extended capabilities that help them in efficiently assisting the users.
Therefore, if you are new to the crypto space you can opt for the OKEx exchange, without worrying about the support it extends to its users.
Is OKEx USA Available?
Apart from the selling points mentioned in the brief OKEx review above, there are also some other factors you should know. One of the factors is regarding the availability of the platform in the United States.
As a potential user, you need to know that the services for OKEx US customers are unavailable due to regulations in the country. People in the United States cannot have access to OKEx, which means they can neither trade nor invest in a digital asset through the exchange.
Therefore, the OKEx United States customers should look for a more suitable platform for crypto trading or investing.
User Experience Offered by OKEx
The user experience of the exchange is yet another highlighting factors you need to know. A platform that is easy to use and navigate is more suitable to use for beginners, as compared to a platform that is designed for experts.
This brief OKEx exchange review focuses on the user-friendly interface of the platform that features:
- A buy/sell panel
- Market order depth
- Trading panel with open orders and history
- TradingView chart
In short, OKEx has a simple and straightforward interface that is interactive and suitable for all interested parties. Therefore, if user experience is a concern for you then you can consider using this platform.
OKEx can very well be one of the crypto exchanges in your list, whether you are a beginner or not. Its services are impressive and exceptional. If you are looking to start crypto trading or investing then you should know the above-mentioned information.
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