Buy Bitcoin & Crypto Crypto Exchange, App & Wallet

okex review

However, due to the trade setups resetting when minimizing the app and the drawing tools being challenging to use, its analysis capabilities need to be improved. The first enables customers to deposit/withdraw $100,000 in total and requires a few personal details like a residential address. Advanced verification lets users deposit as much as they want and withdraw $10 million daily, but requires a photo ID, selfie, proof of address, and funding information. In contrast to most NFT marketplaces, like Rarible, which charges 1% on all transactions, OKX does not charge fees other than gas. Compared to NFT marketplaces like SuperRare, which only support assets created on a single network (Ethereum), OKX offers far more collections due to its support for several networks.

  • Better still, the platform is always adding more trading options at a steady rate.
  • Whether you are an advanced active trader or a one-time investor, you will find a solution on this platform.
  • OKX NFT Launchpad pushes quality NFT projects to the marketplace while the secondary market shares information on the rarity of ranks and allows bulk buying of NFTs.
  • The highest possible trading fees you will encounter are 0.15% as a maker fee, and 0.2% as a taker fee.
  • compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services.
  • Investors can start earning interest as soon as they transfer the crypto to a staking wallet, where it will generate daily returns.

OKX Account Registration Process

However, OKX provides competitive trading fees and good opportunities for high-yield staking, and its friendliness to beginners is a positive touch. It also supports a wide range of nearly 100 fiat currencies, so it’s useful for users who want to make their purchases with less popular currencies. For customers that like to trade while on the move, OKX offers a mobile app available on iOS and Android devices. Below, we’ve included a table comparing its fee structure to 4 other popular cryptocurrency exchanges. OKX fees are based on a maker-and-taker model and start at 0.08% and 0.10% for users with less than 500 OKB tokens.

okex review

Key Takeaways: OKX Crypto Exchange

Based on the exchange’s posted fee schedule, it’s difficult to tell if the charges are high or low. It would be nice to have a table comparing its fees to those of similar exchanges. OKX’s Jumpstart Mining initiative allows you to farm DeFi tokens while supporting your chosen projects by staking OKB, OKX’s ecosystem token.

Flexible lending options

okex review

OKEx and Binance are top cryptocurrency platforms that offer some of the most competitive trading fees in the crypto space. Overall, the exchange is secure and easy to use and offers enough products to cater to all traders. What’s more, it has good customer support, and sign-up is quick and easy.

  • If you open an OKEx account, complete KYC verification, and trade $100 on your first order, you get up to a sign-up bonus.
  • They have excellent asset support, extra features, and a plethora of tools which customers can utilize for their trading, hodling, and earning needs.
  • I will also give you some top tips that you need to know when using the platform.
  • With an account at OKX, you can easily buy crypto using a card, bank account, or mobile wallet.
  • Regularly featuring among the top 10 global exchanges by 24-hour trade volume, OKX offers fiat-to-crypto and crypto-to-crypto trading on more than 100 digital currencies.
  • OKX is an excellent platform for staking and is on par with Binance regarding its interest reward, and exceeds its ease of use thanks to OKX’s intuitive interface and dedicated ‘My Earnings’ page.

Decentralized finance, or DeFi, is one of the fastest growing areas of smart contracts and blockchains. This is where users who provide liquidity to a decentralized protocol can passively earn its tokens in exchange. The return from liquidity mining can be much higher than that of staking. The innovation behind the platform to pursue so many different avenues of blockchain is fantastic to see.

Best Cryptocurrency Exchange in June 2024

Crimea, Syria, Ecuador, Bolivia, The USA and its territories, Hong Kong, Sudan, Malaysia, Kyrgyzstan, Bangladesh, and Cuba. However, there is a minimum amount of Bitcoin network fee that users have to pay when they withdraw Bitcoin from the exchange. I traded and transferred my earned profit to OKX wallet after paying taxes, all legal and clear , they seized the money and terminated my Account. Over 250k are gone and customer service all what they say you violated the rules reference 7.8, will take legal actions.

okex review

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