What's Hot

    Meta’s Metaverse Ambitions Advance with Quest 3

    September 29, 2023

    ChatGPT Introduces New Web Browsing Feature

    September 29, 2023

    Exploring Umoja, the NFTs that Transform Lives in Uganda

    September 27, 2023
    Twitter RSS
    Twitter Telegram RSS
    BitcolumnistBitcolumnist
    • Web3

      Meta’s Metaverse Ambitions Advance with Quest 3

      September 29, 2023

      Exploring Umoja, the NFTs that Transform Lives in Uganda

      September 27, 2023

      BAPE and BAYC collaborate for Next-Level Streetwear Attire

      September 27, 2023

      Moonbeam Token ‘GLMR’ Surges by 50% Following Upbit Listing

      September 25, 2023

      Pirate Nation’s Studio Raises $33M to Bring Fully On-Chain Games to Life

      September 22, 2023
    • NFTs

      Exploring Umoja, the NFTs that Transform Lives in Uganda

      September 27, 2023

      BAPE and BAYC collaborate for Next-Level Streetwear Attire

      September 27, 2023

      Animoca Brands Collaborates with Honda for a New NFT Strategy

      September 21, 2023

      Friend.tech Returns With Surging NFT Trading Volumes

      September 15, 2023

      Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

      September 14, 2023
    • AI

      ChatGPT Introduces New Web Browsing Feature

      September 29, 2023

      The 5 Best AI Art Generators for Creating Images

      September 27, 2023

      PUBG Creator Krafton Presents the Latest AI-powered NFT Game

      September 18, 2023

      Google to Rival ChatGPT with AI Tool ‘Gemini’

      September 18, 2023

      Here are the Top 5 Free Generative AI Tools You Need To Know

      September 14, 2023
    • Guides

      CoinGecko vs CoinMarketCap: Which Is The Better Crypto Tracker?

      September 16, 2023

      Tips and Tricks to Boost Bored Ape HV-MTL Forge Gameplay

      June 29, 2023

      Understanding Evolving NFTs: A Close Look at Dynamic NFTs

      March 23, 2023

      Overview of Ethereum’s Latest Token Standard, ERC-4337

      March 13, 2023

      The History of Bitcoin NFTs – A Step-by-Step Timeline

      March 8, 2023
    • Newsletters
      • NFT Lately
    BitcolumnistBitcolumnist
    Home»Reviews»What is OKCoin? (OKCoin Review)
    Reviews 3 Mins Read

    What is OKCoin? (OKCoin Review)

    By Will ZhuMarch 11, 2021Updated:March 12, 2023
    Twitter Telegram Facebook Reddit LinkedIn Email WhatsApp
    okcoin review image
    Share
    Facebook Twitter LinkedIn Pinterest Email

    OKCoin is a global cryptocurrency exchange founded in 2014, with offices in San Francisco, Malta, Hong Kong, Korea, Japan,  and Singapore. In keeping with the lofty mission “to make crypto investing and trading more accessible to anyone around the world,” OKCoin has recently announced a large expansion to its San Francisco office.

    OKCoin offers buying, earning, lending, and trading services for many crypto assets, including bitcoin, ethereum, bitcoin cash, litecoin, EOS, and more.  OKCoin is also available on desktop and for both iOS and Android. 

    OKCoin Review

    Contents show
    OKCoin Review
    Features offered by OKCoin
    Account Creation and Security
    OKCoin Fees
    OKCoin Review: Conclusion

    Features offered by OKCoin

    • 6 global offices serving 180 countries
    • Multiple deposit and withdrawal options including ACH, wire, and credit/debit cards 
    • Spot trades
    • Margin lending
    • Staking STX for high yield (15%) bitcoin return
    • DeFi yields on USDC, USDT, and DAI via Compound, Curve, and Yearn.finance
    • Lucrative referral program
      Robust FAQs and 24/7 customer service

    Account Creation and Security

    Creating an individual account on OKCoin is easy and familiar. You can use your phone number, email, Telegram, or Google to create an account and begin the verification process to begin trading.
    There are three levels of identity verification for trading on OKCoin:
    Level 1 requires you to provide basic personal information, such as country you reside in, address, and a government issued ID number. Completing level 1 allows you deposit or withdraw up to $2000 in fiat or tokens.
    Level 2 verification requires uploading a copy of your government issued identification and increased trading limits to $1,000,000.
    Completing Level 3 verification unlocks unlimited trading and requires only that you upload proof of address from their list of approved documents.
    Experienced traders looking for more tools to up their game can apply for a Premier account with OKCoin, granting them access to more funding options, lower fees, and more portfolio management tools.
    OKCoin boasts best practice security for both your crypto funds and your personal information. The majority (95%) of depositor funds are stored in a cold wallet, and the small remainder is stored in multi-sig wallets. OKCoin also employs third-party firms for security audits of their application and storage practices. 
    In addition to their focus on internal security, OKCoin encourages users to take responsibility for securing not only their OKCoin account with 2FA, but their entire online presence with helpful tips in their FAQs. 


    OKCoin Fees

    OKCoin offers tiered trading fees, based on 30-day trading volume, that max out around .20% for the lowest volume and lowest tier. Account verification at higher levels and increased trading volume reduce transaction fees for trades.
    Most deposit methods and some withdrawal methods do not have a fee attached, but may have minimum requirements. As fees can vary by transaction and funding type, be sure to read OKCoins fee schedule for each type of transaction on their platform.  

    OKCoin Review: Conclusion

    OKCoin offers a robust set of tools for every level of crypto trader in an easy to navigate, familiar app environment that rightly highlights their best in practice security measures. OKCoin boasts licensing in more than 180 countries, including the US and EU, and offers advanced traders a “premier” account with even more options for funding, settlement, and planning your trading strategy.
    OKcoin offer something for every level of crypto trader and the support you need to feel comfortable diving into trading crypto assets. After all, OKCoin’s motto is, “Everyone is a trader.”

    Share. Reddit Twitter Facebook LinkedIn Email Telegram WhatsApp
    Will Zhu

    Related Posts

    Coinscribble Review: Top Platform for Crypto Press Releases?

    Reviews

    What is ContentGhost? | Tech Founder & Exec Ghostwriting Agency Review

    Reviews

    High-End Fashion NFTs Transform Eikonikos’ Virtual Retreat

    Reviews

    Ultimate CoinGecko Review for 2023

    Reviews

    My Neighbor Alice Brings Blockchain Gaming to the Mainstream

    Reviews

    NBA on SoRare Review: The Next Big Thing In Sports NFTs?

    Reviews
    You Might Also Like:

    Meta’s Metaverse Ambitions Advance with Quest 3

    2 Mins Read

    ChatGPT Introduces New Web Browsing Feature

    2 Mins Read

    Exploring Umoja, the NFTs that Transform Lives in Uganda

    5 Mins Read

    The 5 Best AI Art Generators for Creating Images

    3 Mins Read

    BAPE and BAYC collaborate for Next-Level Streetwear Attire

    2 Mins Read

    Moonbeam Token ‘GLMR’ Surges by 50% Following Upbit Listing

    2 Mins Read
    Twitter Telegram RSS

    News

    • Web3
    • NFTs
    • AI

    Company

    • Advertise
    • About SDG
    • About Coinbound
    • Sitemap
    Menu
    • Advertise
    • About SDG
    • About Coinbound
    • Sitemap

    More

    • Press Release
    • NFT Lately
    Menu
    • Press Release
    • NFT Lately

    Join the Newsletter

    Copyright Bitcolumnist 2023

    Bitcolumnist is a member of the SDG family of brands

    • Privacy Policy
    • Terms
    • Sitemap
    SDG Logo

    Type above and press Enter to search. Press Esc to cancel.