THE OKEx EXCHANGE

OKEx is one of the leading main cryptocurrency exchange, providing advanced financial services to traders by using blockchain technology. It provides hundreds of token & futures trading pairs that can assist traders to optimize strategy. The are one of the leading digital cryptocurrency exchanges by trading volume, which serves millions of users in over one hundred countries. OkEx BTC futures trade amount to nearly $1.5B of volume each day, and is recognized as gold standard for the cryptocurrency industry. OKEx has simplicity, rewards, low fees, and a very good security measures for beginners and advance traders.

OKEx was established in 2017 by Star Xu. It was formally based in China, before the Exchange platform relocated to the Malta in 2018 that has more suitable regulatory framework that is better for blockchain activities. The OKEx exchange platform is of OK Group, the OK group is one of the leading blockchain technology company that was established in 2013. The Exchange have more than 2000 employees and serves customers in more than one hundred countries.

Let me explain some points why OKEx is the best exchange in the cryptocurrency industry:

It's only few exchanges that provides crypto-to-fiat trading pairs services. OKEx, provide you the services where can purchase cryptocurrencies directly on the Exchange. Some of the major fiat currencies like USD, EUR, GBP, etc. are accepted and are as payment methods.

This trading services gives customers the opportunity to trade on a selection of cryptocurrencies amongst the traders, just like an Over the Counter (OTC) trading system. You can made payment using fiat currency.

This trading services gives users the opportunity to buy or sell cryptocurrencies instantly with the funds they have on there wallet. While Margin trading gives customers the opportunity to use borrowed funds to increase trading gain's.

It enables trading of a cryptocurrency at a predetermined or already determine price at future date, without minding the market price when the contract expires. OKEx exchange platform provides a peer to peer leveraged trading services, which doesn't require traders to provide extra margin. A trader’s losses are been limited to the margin the customer provided before having the futures contract. If you wish to learn more about OKEx futures trading here.

This trading services provides traders the opportunity to buy and sell contracts that have no expiry date, which are important bets on the future value of a cryptocurrency. Perpetual Swap on OKEx's platform, a users’ profits and losses are realised and settled two times daily and you can trade up to one hundred (100x) leverage. Leverage trading is a risky trading, therefore extra caution is required. To learn more about OKEx perpetual swap and its service fees here.

This trading allow contract holder to buy and sell based on the contract they have on cryptocurrency on a particular day in the future. This trading is different from futures contracts because the person that holds the contract can which to exercise the option of buying or selling the underlying asset within a specified time. Options contracts have an expiration date when the contract holder should exercise their option.

The most important and fundamental feature that makes OKEx the best is, it have integrated wallet which is called OKEx Wallet. OKEx has a mobile app for convenient trading when you're on the go. With OKEx app, the OKEx Wallet provide you the opportunity to use the wallet as a software wallet where you store multiple cryptocurrencies differently from your trading account. By do this, it provides an extra security layer by having your fund in different places.

OKEx Academy offers free tutorial to newbies to the OKEx exchange platform, to help them stand on a solid standing about Cryptocurrency. The OKEx exchange academy gives there student free Bitcoin everyday. This is one of the Fundamental attributes that makes OKEx the best crypto exchange platform.

One of the features that makes OKEx the best exchange platform is it demo account. Demo account allow you to trade with a demo account and practicalize your skills to get yourself to start trading.

OKEx Cryptocurrency exchange charge no fees when you deposit or when you withdrawal.

The OKEx exchange platform usea a maker-taker fee system to encourage users to place more orders and liquidity. The maker fee is lower than the taker fee. The maker and taker fees are as low as 0.10% and 0.15% respectively. Let me explain the differences between maker and taker fees and how it works.

Maker fees: You can only pay if the trade order didn't matched with an already existing order on the order book immediately.

Taker fees: You can only pay this if the trade order didn't matched with an already existing order on the order book immediately.

OKEx exchange platform has a VIP reward program to reward customers that usually trade on its platform. Customers that hold OKEx’s token OKB and have a high 30-days of trading volume can get more discounts on the maker and taker fees.

OkEx exchange platform offers traders that verified OKEx’s KYC and have upto 20 BTC balance and satisfy the Exchange’s trading requirements are qualified to join OKEx’s exchange Market Maker program. Based on whether if you are joining the program for OKEx’s Spots, Futures or Perpetual Swaps markets, traders will get -0.005% (rebate) on maker fees and 0.04% on taker fees.

The OKEx Exchange platform has very simple useer interface. This is why favourit exchange option for traders. OKEx exchange platform has a huge number of listed token and also has varieties of functions and pocket friendly trading fees. There is still room for development on the mobile app. The OKEx exchange platform also have to be more transparent in reporting the veracity of everyday trading volume figures. The OKEx exchange platform is accessible and fairly liquid keeps it in solid standing in the crypto economy.

OKEx track record of no hacks so far is a sign of good Security system. It's ability to offer fiat-to-crypto trading that means users can easily participate in it, and “cash out” token. OKEx exchange platform not been available to crypto users in the US, needs to attend to.
Unknown whether they have an insurance fund to cover users’ losses in the event of a hack. Which is the best exchange in your view and why?-Binance exchange, because of its ease of access and other killer features.