OKEx Exchange

125 Articles 3 Followers

OKEx is a cryptocurrency exchange founded by Start Xu, a Chinese businessman in 2017. The exchange operates globally but primarily serves the Asian markets with a heavy presence in China. However, OKEx is headquartered in Malta due to the nations sound regulatory framework for blockchain businesses and digital asset exchanges.

OKEx is considered to be a leading digital asset exchange that provides professional financial services to traders from over 100 countries around the world.  The exchange provides hundreds of token and futures trading pairs with high liquidity, making OKEx one of the top digital asset exchanges by trading volume. 

The crypto-to-crypto markets supported on OKEx include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and OKEx’s exchange token (OKB). As for the futures markets, traders can trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), XRP, EOS, Bitcoin Cash (BCH), and Tron (TRX) futures. In addition to futures and crypto-to-crypto trading, OKEx offers over-the-counter (OTC) trading and margin trading with up to 5X leverage. 

OKEx offers something for everyone with high liquidity which is why it’s one of the leading cryptocurrency exchanges in the Asian markets. As for the exchanges trading interface, it is primarily geared towards more experienced traders. Traders benefit from multiple advanced order types including limit order, stop-limit, trail order, Iceberg order, TWAP, and advanced limit orders. The charting on the exchange is advanced as well. Traders have access to a slew of technical indicators, chart types, and time frames.

As for OKEx trading fees, the exchange offers tiered fees based on volume. For level 1 spot traders, they pay a maker fee of 0.10% and a taker fee of 0.15%. Level 1 futures traders pay a maker fee of 0.02% and a taker fee of 0.05%. Overall, the fees at OKEx are very competitive with the industry standards.

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