Okcoin Reviews Read Customer Service Reviews of okcoin com

This will include providing information about your nationality, full name, birthday, residence, and a government-issued ID. When you do, Okcoin will reward you with a $10 bonus. As you build your cryptocurrency assets, the idea of making your crypto work for you is enticing. Okcoin makes it easy to make your crypto work for you with staking and DeFi. For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure. TheCollegeInvestor.com strives to keep its information accurate and up to date.

This is a security measure set in place to ensure the integrity of the funds on our platform. The more you use the platform, the shorter this holding period usually becomes. If you have any questions, feel free to reach out to us at and we’d be happy to help. As with all cryptocurrency exchanges, there are some fees to be aware of. Okcoin uses a maker/taker fee structure, which most platforms only offer to active traders.

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Okcoin works by matching buyers and sellers of digital assets in real-time. When you place an order on the platform, it is matched with another user who wants to trade in the opposite direction. Okcoin supports the US dollar (USD), Euro (EUR), Brazilian Real (BRL), and the Singapore dollar (SGD). However, it’s important to note that not every cryptocurrency can be exchanged for each fiat currency. Instead, when trading, it’s important to note which pairs are supported.

You’ll also notice that the list of services for trading is also short. You must bear in mind that OkCoin exchange was designed for token exchange and trading alone. First, you must confirm your phone number through SMS. You’ll also need to give your first name, last name, nationality, and the passport information when prompted. To ensure that withdraws of any kind to your crypto wallets are valid and secure.

Okcoin Review About Fees

OKCoin is one of the world’s largest cryptocurrency exchanges. Originally from China, this provider has opened multiple office locations in various jurisdictions to serve a global market. It seems as if okcoin is frontrunning trades of us users. Their charts glitched showing inaccurate market prices.

There are several other tokens available, including Tether (USDT) and other stablecoins and altcoins. However, Okcoin doesn’t offer as wide a variety of tokens as other exchanges, including Coinbase and Binance.US. A limit order is an order to sell or purchase any amount at a particular price or even better.

What Services does Okcoin offer?

We’re proud of our content and guidance, and the information we provide is objective, independent, and free. The charges came on the heels of a group of investors who claimed they’d incurred major losses due to a system crash on the platform. They claimed that Xu’s other crypto exchange, OKEx, had orchestrated the crash. Established in 2013 by Star Xu in Beijing, China, OKCoin Exchange is a digital asset trading platform. The company consists of two large organizational units, OKCoin China and OKCoin International.

• When you are ready to buy your first crypto assets, the easy-to-follow prompts will guide you through the process.
• They also offer services and products custom-tailored to client needs.
• Traders can participate in margin trading, futures, place Iceberg orders, trailing stop orders, and TWAPs.
• They have 100+ employees with offices in San Francisco, Miami, Hong Kong, Singapore, and Japan.
• The number of tokens have increased along with improvements with their Smartphone App.

They also offer services and products custom-tailored to client needs. To open an account at OKCoin, simply provide an email address and password to set up an account. You will then be required https://forex-reviews.org/okcoin/ to submit identity verification information for deposits and withdrawals. OKCoin accepts cryptocurrency deposits as well as USD and CNY deposits made via bank and wire transfers.

Comparison Table of the Best Crypto Exchanges in the USA

This is not a normal occurrence and we would be happy to take a closer look and provide you with some additional information regarding the status of your account. You can reach our risk team directly at or reach out to us on Twitter @okcoinhelpdesk for expedited support by our escalations team. We hope to hear from you soon so we can come to a solution. Okcoin’s trading interface, though satisfactory, is a bit underwhelming. Although they have the option to see real charts, and those charts can be toggled to TradingView, the order panel is only accessible from the page with a line chart. They also only offer margin trading on three assets (BTC, LTC, and ETH) with a max of 10x leverage.

• Another order for selling and buying cryptocurrency immediately at the current market prices is the market order.
• It’s important to note that you could also lose money in the crypto market.
• Once you have placed a limit order, the system automatically posts it on your order book and matches it with the other orders available.
• I signed up to okcoin with a welcome referral offer I was sent offering $50 in BTC when I purchased $100 of BTC.
• You can also connect your Okcoin account to your Google or Telegram account to make it easier to sign in.
• Okcoin supports crypto purchases with credit cards, offers spot and margin trading, and provides earning opportunities through staking and DeFi lending.

Once the funds have been deposited in the Okcoin account, you can start trading Bitcoin cash. Fill in the Okcoin price and money amount to be traded and then select Buy. You can check the Order History or Open Order to view the trading on the Trade page. US dollar is the only accepted currency for deposits, and the only two ways to deposit them are Bank and Wire Transfer.