OKEx App is an all-in-one trading platform for digital assets. Poloniex is Bittrex’s biggest rival. The Winklevoss twins claim to own about 1% of all Bitcoin, making them among the largest holders of Bitcoin in the world. OKEx is an offshoot from Okcoin. Here at OKEx, you can simply deposit your spare cryptocurrencies inside your Wallet to earn extra even without trading or when the market falls short. OKEX is a cryptocurrency exchange owned by OKCoin, with the company behind both of them is based in China and primarily centers on the domestic market. Press J to jump to the feed. So, whatever your bank might be, as long as it permits transfers to OKEx account, then that bank can be used. Twist in the story . OKEx App is an all-in-one trading platform for digital assets. Do not try to rush to buy btc because its mooning. Useful. How is OKEx dealing during the COVID-19 outbreak? Here at OKEx, we’ve recently unveiled the whole new “Convert Small Balances to OKB” function to satisfy your needs. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. I hope this helps. Reply. Wait for the correction and start there. You can trade, get real-time streaming quotes, manage your account and more – all from the palm of your hand.The OKEx App is designed from the ground up to provide you with the most safe, professional, transparent and comprehensive digital asset experience on mobile. Also, it is completely legal and registered. Funds Are Safe Says OKEx CEO! It was this past Friday when one of the most well-known exchanges, OKEx, suspended withdrawals – followed by an announcement stating that one of the holders of the clients’ private keys was “cooperating with a public security bureau” in regards to an ongoing investigation. The situation with the two is similar to how GDAX is owned by Coinbase– one brand is targeting retail consumers, while the other one is dedicated towards serious traders. It has experienced several challenges such as the Mt. Focusing on digital asset-only exchange, OKEx also provides fiat-to-cryptocurrency, cryptocurrency-to-cryptocurrency and derivatives trading services to global customers. Bittrex claims to put an emphasis on security by employing the most reliable and effective technologies available. They are confident in Bittrex’s ability to keep user funds safe. With these security features, scams can not touch the platform. You can trade, get real-time streaming quotes, manage your account and more – all from the palm of your hand.The OKEx App is designed from the ground up to provide you with the most safe, professional, transparent and comprehensive digital asset experience on mobile. Telegram. Malta is a Cryptocurrency friendly place and is fast becoming the go-to location for Cryptocurrency exchanges. Based in Belize, and with its main operation hub located in Hong Kong, OKEx is an international company specializing in blockchain technology & digital asset development and applications. Bittrex Fees. I know I can use the ATMs but the lowest fee I could find was 8% which is INSANE. The platform is a branch of OKCoin.com, an exchange based in China by Star Xu. It's simply to hard to tell how OKEx AML & RC systems will react to your future actions. By Sahana Vibhute Send an email October 20, 2020. You can never be 100% certain that no breaches will ever happen. At OKEx, they have over 600 employees, which shows just how big a business OKEx is. WhatsApp . Of course hodl it for years to come as btc will be over 100k but definitely don't fomo in either. According to our research, OKEx has not been involved in an exchange hack or experienced a major security breach or compromise. Always proceed with caution and do you your own research before using a new exchange. UPDATE: Nov. 9 at 1:00 pm UTC OKEx, founded in 2017, is a digital asset exchange or cryptocurrency exchange headquartered in Malta and has an office in Hong Kong. Consequently, OKEx published an official announcement on Oct. 2. The CEO tweets funds are safe, but the withdrawal of the funds is the need for the hour, which is still waiting for the official update. OKEx is a world-leading digital asset exchange, providing advanced financial services to traders globally by using block-chain technology. I've found a few people claiming they got scammed but overall they got 5 STARS on Apple reviews with over 7k submissions, so I don't know at this point. Users mostly face scams issues on many platforms. OKEx is a cryptocurrency exchange that offers fiat –to- crypto and crypto –to –crypto trading options. ReddIt. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. Share. OKEx freezes withdrawals indefinitely on Friday, October 16. Saving is the most common way to accumulate wealth, whether in traditional banking or in the crypto space. It's been a couple of months now, have you been able to access your withdrawal? Awesome, thanks for using OKEx.com Viktor 4 reviews. The investigation concerns a certain private key holder’s personal issue only. In June of 2017, Poloniex had just less than 2 times as many visitors as Bittrex. Stay away and keep your possessions safe. Bitcoin is a distributed, worldwide, decentralized digital money. 1. All your funds and assets are safe. This is a great way for you to bounce some trading ideas off fellow local traders. Is Okex safe to use? Irrespective of your experience in this particular field, 3Commas aims to cater for investors of all sizes. Based on their track record, OKEx seems to be a safe Exchange to use. This means that unless a hacker has access to your mobile phone, they won’t be able to gain access to your Binance account. I have a deposit stuck for a month now, no ETA in site for getting access to my funds. Should you have further questions, please don’t hesitate to reach us out again. Okcoin (OKEx) Exchange Review 2021 – Safe or Scam Exchange? Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. Gox at the time.. After starting out in Slovenia, Bitstamp branched out by opening a UK office in 2013 and one in Luxembourg in 2016. The next most traded platform on OKEx is EOS, opening up an opportunity for users looking to trade this coin. This is a bad sign that a huge crash is to come. Users mostly face scams issues on many platforms. Logic and common sense you penny pinching whining cry baby FUD spreader! OKEx App is an all-in-one trading platform for digital assets. BEURAX claims to be a legal financial company incorporated in Australia in accordance with applicable international law. OKEX charges extremely low trading fees when compared to other exchanges. Bistamp was founded by Damijan Merlak and Nejc Kodrič in 2011, and the pair aimed to provide a service that catered to a European client base and offered an alternative to a market that was dominated by Mt. To begin with, you absolutely shouldn’t worry about OKEx fraud, because the platform is a subsidiary of the well-known OKCoin. This means that the majority of their funds are stored offline in a cold environment and is protected from hackers. OKEx’s sister company OKCoin released a clarification, mentioning that all services on the crypto exchange, including withdrawals, are functioning properly. Launched in 2017 by Chinese Bitcoin giant OKCoin.com, it was designed to take over from OK Coin, which ceased futures trading in 2017 but remains operational for fiat trading with major digital assets. Okex exchange is providing with the advanced security options like 2-factor authentication, anti-pushing codes for every email by the Okex exchange and also mobile verification codes for withdrawals. Gox hack and developed into a secure, trustworthy and safe exchange for purchasing digital currencies like Bitcoin and Ethereum. OKEx. Press question mark to learn the rest of the keyboard shortcuts. OKEx offers a relatively rare C2C trading system, which functions much like an over-the-counter trading service. Okex Exchange does not use any specific bank. This exchange is impressive This exchange is impressive! You can trade, get real-time streaming quotes, manage your account and more – all from the palm of your hand.The OKEx App is designed from the ground up to provide you with the most safe, professional, transparent and comprehensive digital asset experience on mobile. Is Binance Safe? It is their user who will be using the bank to transfer funds to their OKEx account. When it comes to fees, Bittrex has chosen to go with a flat rate fee on all of their transactions. Binance Pros and Cons Pros: OKEx has a peer to peer leveraged trading platform. Buy DeFi tokens like YFI, UMA, LEND, MKR, CRV, COMP, SUSHI, and others. The investigation concerns a certain private key holder’s personal issue only. Is OKEx safe? OKEx vs Safello The below OKEx vs Safello table shows how OKEx and Safello differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more. Futures trading with up to 20x … By. However here are some of the best crypto exchanges, which are more focused on dealing with cash, and therefore better to be used for either buying your first Bitcoins or selling your coins for cash. Facebook. As the cryptocurrency industry continues to mature, security remains a major challenge. Many of the exchanges from the above categories can also be used for purchasing your first Bitcoins. Bittrex Overview. So I wouldn't recommend them. While some may be correctly or incorrectly caught out by their automated (presumably) systems. OKEx App is an all-in-one trading platform for digital assets. OKEx; Paxful; Indodax. Is Beurax Scam or Legit. Perpetual Swap: In the OKEx’s Perpetual Swap, the profits and losses of the traders are realised and settled twice a day and trading up to 100x leverage is available. Waiting a few days to deal with a legit company is worth it to wait for Newton. So my mother agreed to open a bank under her name, strictly for me because my plan is to use the online exchanges as their fees are much lower, some not even having any. You can trade, get real-time streaming quotes, manage your account and more – all from the palm of your hand.The OKEx App is designed from the ground up to provide you with the most safe, professional, transparent and comprehensive digital asset experience on mobile. Firstly – and as we noted earlier in our step-by-step account set-up overview, you are advised to install 2FA. Individual OKEx users can perform traders amongst them, setting their own prices in a safe and supervised environment. Binance Futures, which was launched in 2019, enables traders to speculate on the price of (rather than to purchase and sell) Bitcoin and various popular altcoins, including Bitcoin Cash, Ethereum, Litecoin, Ripple and more.. Focusing on digital asset-only exchange, OKEx also provides fiat-to-cryptocurrency, cryptocurrency-to-cryptocurrency and derivatives trading services to global customers. OKEx is currently ranked 11th by trading volume according to Coinmarketcap. Bittrex vs Poloniex. Press J to jump to the feed. What payment method does OKEX accept? Is OKEX Safe? An article has ... Okex has consistently ranked as a top exchange rated by volume on the popular websites Coinmarketcap and Livecoinwatch. Linkedin. Okex exchange is providing with the advanced security options like 2-factor authentication, anti-pushing codes for every email by the Okex exchange and also mobile verification codes for withdrawals. Control Your Keys :Despite how safe Bittrex may be, you want to make sure that you do not leave an substantial amount of coins on the exchange. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. You've already flagged this Reply from OKEx exchange. I would rather wait for a response from Newton or Coinbase and resolve the issue with them, but I fear BTC will rise higher before that can happen and I can't wait the whole holidays for a response. OKEx App is an all-in-one trading platform for digital assets. Bitcoin is a distributed, worldwide, decentralized digital money. Not sure anyone can give you any guarantees here and knows the inner workings of OKEx systems. Ways to earn passive income on OKEx. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. 2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. Exchanges have launched tools to help their users get rid of the dust into something useful. JP Buntinx - June 30, 2018. Something that we really liked about OKEX is that they have a pretty strong community around it with numerous telegram & Facebook groups. All your funds and assets are safe. Top Features: 1. I'm planning to immediately withdraw after purchasing and transferring it to my Electrum wallet. I'm planning on buying 4K worth of Bitcoin, so using an ATM would cost me an additional $320. OKEX is a digital asset exchange, under the umbrella of OKCoin. Which coins can I buy and sell with OKEX? This could be a turn-off for some users. The charts are put up by trading pairs including, BTC, ETH, and USDT. OKEx vs SafeTrade The below OKEx vs SafeTrade table shows how OKEx and SafeTrade differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more. 7.8k. OKEx Launched A New Security Response Central To Improve Safety. This has got everything that you need to know from simple trading guides to more … OKex Features. OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue. Notwithstanding this, they do have the usual security measures that you’d expect from any reputable exchange. From its beginnings in 2014, OKEx has become one of the dominant exchanges outside of the United States, serving 20 million customers and consistently listing among the top crypto exchanges by trading volume. The cryptocurrency industry has grown tremendously over the past few years. OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue. Security is a huge issue with many crypto companies. So pretty much, I'm a minor (17 turning 18 in April), but I want to buy Bitcoin now as it's value is increasing at an astronomical pace. OKEx immediately accepted and approved the identification I sent them, which I actually found kind of suspect. I just don't want them to pull something last minute after buying and pretend the ID doesn't work or ask for documentation I can't provide from my mother. Although the company now has its headquarters in the European Isle of Malta, the project was founded by Chinese national Changpeng Zhao (CZ). Very convenient tools for trading! A community dedicated to Bitcoin, the currency of the Internet. I tried Newton (no fees) but they denied my mother's ID and haven't responded to my emails (probably since it's Christmas holidays). I deposited 1.37 MWC and it never showed in my transaction history in my account. An OKEx exchange review shows that they serve areas worldwide via no less than 420 markets. OKEx will let you visit the virtual trading floor by creating an account. Chances are, most may not face any issues. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. — Jay_OKEX_CEO (@JayHao8) October 16, 2020. However, it is still advisable to only … The worldwide crypto buying and selling large OKEx has introduced the implementation of OKEx Oracle, a safe signed worth feed that serves as a supply of dependable on-chain crypto costs for DeFi initiatives. OKEx exchange review []. A community dedicated to Bitcoin, the currency of the Internet. OKEx App is an all-in-one trading platform for digital assets. Top Features: 1. ReddIt. Their approval process was easier than Newton's. With their many layers of theft protection and security, it’s easy to see why the crypto community is flocking to Bittrex. Press question mark to learn the rest of the keyboard shortcuts. OKEx appears to be a safe cryptocurrency exchange that features several security measures on its platform to protect client information and keep funds safe. Low Minimum Trade Limits All user funds on the OKEx platform remain safe and unaffected. The crypto exchange assured its customers that their funds were safe, and the crypto exchange was not hacked. Is Okex safe to use? There you can get a good idea how big the number of traders offered by going to the ‘’Charts’’ option. In January of 2017, Poloniex had an estimated 4.7 times as many visitors as Bittrex, according to similarweb.. OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to global traders by using blockchain technology. They started this platform in the middle of 2016, and are desperately trying to become the most active and reputable Bitcoin exchange on the market.. The platform also displays its available futures and index for the coin you select. Among the several measures, OKEx has implemented a “work-from-home” policy at all its global offices ever since the pandemic broke out in Asia. Social media – Join Binance’s large social media community on Telegram, Medium, Instagram, Facebook, Twitter, Weibo, Steemit, and Reddit. When a user creates his account, he is automatically offered to secure his assets with various defense mechanisms. OKB is the native token of the exchange and is issued by the OK Blockchain Foundation, adopted by OKEx as its global utility token. The cryptocurrency exchange and trade platform are available on iOS and Android smartphones. As in no way their safe, or no way they'll scam me? The main staff of … Highlights . C2C trading platform: OKEx’s C2C trading platform is similar to an Over the Counter (OTC) trading desk. ReddIt. OKEx is a world-leading cryptocurrency and Bitcoin exchange that provides hundreds of trading pairs for spot and derivatives. Bittrex is a US based exchange founded in 2013 and headquartered in Seattle Washington. RU. Here you can also see the native coin of the company-OKB. Lol trying to fomo into btc as the price skyrockets. 3. It is a digital trading platform which provides spot trading of digital currencies and fiat currencies to customers worldwide. Kraken is a well-established cryptocurrency platform that has survived the test of time since being launched in 2013. Second, shakepay was the first to work for me. We don’t offer reviews at the moment, but you can often find reviews online … Security: OKEX operates a secure hot and cold wallet security procedure. As such, exchanges need to be wary of any developments which could pose … The combined trading volume that these markets bring, places OKEx within the top 10 cryptocurrency exchanges by volume. OKEx is a digital asset futures trading exchange aimed specifically at institutional traders. If the claims are valid, then Okex’s status as a top exchange has undoubtedly been misleading and potentially costly to many investors . OKCoin is a Chinese-based exchange that was founded in 2013 and is currently one of the most dominant players on the Bitcoin trading scene. The level of security on this platform is enough to deter even the most confident of cybercriminals. JP Buntinx - June 30, 2018. The information is updated on a monthly basis. Further announcements will be made. While Binance is one of the newest cryptocurrency exchanges available on the market, it has quickly managed to attain a high level of trust from its users and the digital currency community. It is a cryptocurrency asset exchange platform that is systematically secured with bank level SSL encryption … OKEx is a Cryptocurrency exchange registered in Malta and founded in 2017. Binance offers a number of security safeguards to ensure your funds remain safe from the threat of external malpractice. This is a simple 0.25% fee that is applied for all pairs. There has been no asset outflow of any form from OKEx since the suspension of withdrawals on Oct. 16. Further announcements will be made. Top Features: 1. At the same time, we can assure our users that 100% of their funds can be withdrawn after withdrawals have been resumed on OKEx. Is OKEX safe? answer all these questions and read other users' reviews on OKEX … The API for futures trading was implemented in June 2017. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. Bitfinex 0. 2017 all over again. The information is updated on a monthly basis. Both exchanges currently offer a wide variety of BTC, ETH, and USDT trading pairs. Buy DeFi tokens like … CEO of OKEx, JayHao, had a background in game development and the semiconductor industry before joining the cryptocurrency space. In the announcement, the exchange expresses confidence in its security system, explains the possible causes of the theft, and requires users to improve their security […] All your 0.01 BTC dust can now be converted to OKB when the price fluctuates … Torsten Hartmann January 11, 2021 0. An OKEx spokesperson told another news … But you wouldn’t know any of this unless I told you. From what I've seen even 'reputable' exchanges such as Coinbase & Binance do have customers occasionally reporting on their withdrawals being 'frozen' for variety of reasons, usually ending up being classified & resolved (or un-resolved) as Anti Money Laundering or Risk & Compliance related. OKEX has also provided a plethora of educational resources for you to take advantage of. The news came after OKEx issued their first statement, reporting that their CEO and founder, Mingxing Xu (also known as “Star Xu”), was allegedly being held and questioned by Chinese authorities. Twitter. With these security features, scams can not touch the platform. Not sure anyone can give you any guarantees here and knows the inner workings of OKEx systems. OKEX is a cryptocurrency exchange and trading platform specializing in Bitcoin and Litecoin futures. They immediately accepted and approved my identification which I find sus. Launched as recently as late 2017, Binance is a third-party exchange platform that allows users to buy, sell and trade cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and hundreds more. Twitter. The company was founded by Bill Shihara, Richie Lai and Rami Kawach, all three previously worked at Microsoft.. Bittrex Security. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome. Based in Belize, and with its main operation hub located in Hong Kong, OKEx is an international company specializing in blockchain technology & digital asset development and applications. OKEx immediately accepted and approved the identification I sent them, which I actually found kind of suspect. You'll hate yourself for fomoing in when you realize you bought the top of btc. From what I've seen even 'reputable' exchanges such as Coinbase & Binance do have customers occasionally reporting on their withdrawals being 'frozen' for variety of reasons, usually ending up being classified & resolved (or un-resolved) as Anti Money Laundering or Risk & Compliance related. Telegram. Top Features: 1. I've found a few people claiming they got scammed but overall they got 5 STARS on Apple reviews with over 7k submissions, so I don't know at this point. Is OKEx safe to buy from them? This is why it is safer to consolidate your dust in a trusted exchange, where your information would be better protected. tudor 07/24/2020 (0) (0) Deposited 1.37 MWC which never showed up. OKEx Claimed to be "the world's largest and most diverse cryptocurrency marketplace," OKEx has been offering Dogecoin on its spot trading market since July 2019. We are the leader among cryptocurrency exchanges, with daily trading volume and open interest of Bitcoin futures reaching $1.65 billion and $1.1 billion, respectively. So, users should feel free to think about the exchange. When I contacted support, first thing I noticed is they take around 24 hours for 1 email reply. Facebook. OKEx is a Malta-based world-leading cryptocurrency exchange that allows users to trade on hundreds of tokens and futures trading pairs.. OKEx was founded in 2017 with headquarters in Malta and the Republic of Seychelles. Which countries does OKEX accept? Users can trade on the margin with 10x and 20x leverage or hedge to lock in their cryptocurrency profits. You can also try Shakepay - also Canadian. An OKEx spokesperson told another news media that Star Xu is not connected with the exchange. By. OKCoin stopped futures trading in 2017 and OKEx took over offering this service.. But some other exchanges have insurance funds to cover any potential losses from hacks, which does not seem to be the case with OKEx. Binance Trading Platform Binance Futures and Derivatives. It has been nearly four days since the Okex exchange has suspended withdrawals, but still has no update on resume. Top Features: 1. The cryptocurrency industry has grown tremendously over the past few years. You can trade, get real-time streaming quotes, manage your account and more – all from the palm of your hand.The OKEx App is designed from the ground up to provide you with the most safe, professional, transparent and comprehensive digital asset experience on mobile. OKex has served millions of users in more than 100 countries with a BTC futures trade daily volume of over $1.5 Billion. Will they pull something once I actually buy crypto from them and try to withdraw? The company is … OKEx follows Binance with a 24-hour trading volume of just over $1 billion. By making OKEx Oracle accessible as an API that doesn’t necessitate customers to be the plat According to further statements issued by the exchange, Xu was detained by authorities at least one week before withdrawals were halted and had not been present at the OKEx company headquarters in some time. Maybe if I had established wealth and income, I could afford it but I'm only 17. Top Features: 1. Fiat to Crypto Exchanges. Next was Coinbase but it did the same exact thing. The news about OKEx accounts being attacked has spread quickly in the last 48 hours and caused heated discussions in China. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. Like Binance, Bitcoin is the most widely traded digital currency on this exchange as well with almost 30% of the overall volumes.