Start trading now: A guide to OKEx

Maximize your trading experience by choosing OKEx. It is a platform that stores information on the blockchain technology to provide secure and fast transactions, alongside a wide variety of cryptocurrencies you can buy and sell. Want to know more about the OKEx exchange? Dive into the details here at the BTC Post!

Rising to be the best: About OKEx exchange

Founded in 2017, OKEx has now become one of the leading cryptocurrency platforms used by traders globally with over 20 million users across 200 regions and countries. Every year, up to 100 billion USD worth of cryptocurrencies are traded in OKEx, proving its large global user-base.

OKEx exchange is the sister company of Okcoin that also moved to Hong Kong after Initial Coin Offerings (ICOs) were banned in China. While the former is built for advanced crypto-traders, the latter is focused purely on trading digital assets.

Back to back features: OKEx top services

OKEx users can enjoy exclusive features and services such as algo-order options and a wide range of cryptocurrencies. Learn more about these in detail below:

Large selection of cryptocurrencies

One of the highlights of OKEx is its large selection of over 140 cryptocurrencies that includes Bitcoin (BTC), Ether (ETH) and Dogecoin (DOGE) among others. Browse through the different available options at OKEx and discover a diverse array of trading pairs.

Algo-order options

You can trade with various orders like market orders and advanced limit orders through OKEx. Explore the different kinds of market orders to trade with a set price and volume.

Accessibility on different platforms

OKEx can be accessed easily through either mobile or desktop applications, making it easy for you to trade wherever you are. The desktop version is ideal for active traders so they can navigate through the site better and access important charts and data like the most popular cryptocurrencies being traded in the last 24 hours.

Meanwhile, the mobile application is fit for traders on the go who need to make quick transactions or check their digital assets wherever they are. You can download this on Apple Store for iOS users and on Google Play for Android users.

Trading fees

Compared to the industry average of trading fees which is 0.25%, OKEx is lower and only has a maximum of 0.15% spot trading fee for market takers. This percentage is determined by the trading volume of investors.

Deposits and withdrawals

Depositing on OKEx is free. On the other hand, its withdrawal fees are slightly lower than most exchanges, depending on the type of cryptocurrency you are trading.

Margin interest rate

If you are using OKEx’s margin trading, the platform will charge a margin interest rate when you borrow tokens. Since margin trading involves borrowing funds, you are charged with interest in return when you use this feature. You can find the list of the said fees on OKEx’s site.

Security

OKEx is known as one of the most secured and trusted cryptocurrency platforms in the market today. This is because the exchange has not experienced any hacking incident since its establishment despite being one of the largest cryptocurrency exchanges in the world. The cutting edge security of OKEx is possible because of its advanced privacy encryption technology and added security features such as:

• Email verification code
• Two-factor authentication
• Mobile verification code.

24/7 customer service

If you encounter any problem when using the platform, you can contact the 24/7 customer service of OKEx. They can help you with concerns like technical trading issues or errors during a transaction.

Buy and sell at OKEx: Cryptocurrencies up for trading

One of OKEx’s best features is its diverse list of cryptocurrencies that you can buy and sell on the platform. Start trading now and get to know the most popular digital assets in OKEx:

Bitcoin (BTC)

Known as the largest cryptocurrency by market capitalization, Bitcoin (BTC) is a digital coin created by Satoshi Nakamoto in 2009. Its trading price is currently around $33,950 as of writing.

Ether (ETH)

Ether (ETH) is the world’s second-largest cryptocurrency by market capitalization after BTC. On the Ethereum blockchain, developers can create decentralized applications (dApps) or write smart contracts using ETH as payment.

Dogecoin (DOGE)

Created in 2013 by Billy Marcus and Jackson Palmer, Dogecoin (DOGE) is now making waves in the crypto market and gaining popularity among crypto traders. Its most recent trading price is at $0.27 as seen on OKEx’s website.

Litecoin (LTC)

Litecoin (LTC) is a digital currency similar to BTC with its own open-source global payment network and blockchain. This cryptocurrency was made by Charles Lee in 2011 to achieve a 3x faster transaction speed than Bitcoin’s.

OKEx How-tos: Creating your own account

Creating an account on the OKEx exchange is fast and easy! To register, you can use either your mobile number or email address. Here is a step by step guide on how to make one:

1. Go to the official website of OKEx.
2. Click the ‘Sign up’ button located on the top right corner of the website.
3. Put your email address or mobile number to sign up.
4. After providing your email, press the ‘Get code’ button on the right side of the ‘Email’ box. You will receive a six-digit code in your email and will only have 60 seconds to input this code on the website.
5. Once you finish, you input your password. This should be a series of numbers, symbols and upper and lower case letters. It should be a total of 6 to 32 characters.
6. Re-enter your password to confirm it.
7. Read thoroughly the terms and conditions then tick the small box to affirm.
8. To complete the process, press the ‘Sign up’ button.

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