February 17, 2021

A Deeper Dive into OKEx

Introduction

An experienced trader should have a range of potentially useful instruments that will help him to play the market. However, that is not enough. A reliable digital currency exchange is just as important. It shall meet the requirements of the user and its style of trading. In this article, we will lay out a balanced overview of the benefits of OKEx, probably one of the best crypto exchanges for today. Let’s take it piece by piece.

Few Words about OKEx Itself

The first thing we want to focus on is by mentioning that OKEx presents itself as a “secure crypto exchange". It has been providing effective tools for trading digital and fiat money since 2014. It had maintained a strong foothold in the market. 

The platform became the audience's favorite. Users all around the globe have access to hundreds of trading pairs of tokens and futures. They can refine their strategy and earn money here.

OKEx is characterized by high trading volumes. There were 525 pairs available, and the daily volume was 165,597 BTC on February 14, 2021. According to CoinGecko, the credibility rating is 8/10.

The devs of OKEx firmly believe that blockchain and cryptocurrency will become the foundation of a new global economy — digital. Transactions between people will know no barriers in the form of government control or other restrictions. The company’s mission is free flow of money, efficiency of the process, and financial independence of the user. OKEx aims to develop new technologies and launch products that will change the world for the better.

A Teensy Bit of Backstory

OKEx was founded in Hong Kong in 2014. The basis for the establishment of the trading platform is considered to be OKCoin, registered in California. The creator of these two crypto projects is Star Xu.

Launching OXCoin, he faced a significant challenge. The USA promoted a policy of blockchain prohibition at that time. To develop a project under such conditions would be futile and unacceptable. So the exchange was transferred to a new platform in a new jurisdiction. The law is more loyal to the cryptocurrency business In China. So the birthplace of OKEx became Hong Kong.

Why OKEs Is the Best Choice for Users?

The exchange has a strong focus on customer experience and aims to achieve excellence in this area through such things as:

  • A wide selection of trading tools. It's actually one of the reasons why people give the platform a try. Each client can trade a variety of cryptocurrencies with minimal headaches;
  • Multilingual support on the website (11 languages);
  • 140 + coins and 360+ currency pairs. The exchange added three fiat currencies (the Russian ruble, the euro and the Turkish lira) in April 2019;
  • Deposit without commission;
  • Different types of trading. Margin trading of more than 100 types of tokens;
  • The leverage is determined on a per-client basis;
  • Ocean Pool, Poker Wallet, One Cloud;
  • High level of security… The list can go on and on.

OKEx Tournament

Contests and competitions are a great opportunity to put your investment strategies into practice. To get some juicy rewards as well. As you remember, Equite ran the first contest, the Khan Tournament, last year. Thus, the time has come for a new beginning. So we've teamed up with OKEx to surprise you.

Traders from all corners of the globe can try their hand at a new tournament! Cold calculations, emotions control, the ability to make swift decisions will help you to become number one. $15000 is on the line, so prepare well, invite friends and take on the challenge. 

OKEx works in a test mode for now. We need to put the finishing touches on interaction terms between the platforms and operation algorithms. The grand opening will take place along with the launch of our joint tournament. More details will be announced as soon as they are available.

Now it is time to hear from you. Are you ready to get the title of the best trader?