Okcoin Reviews Read Customer Service Reviews of okcoin com

Okcoin Reviews Read Customer Service Reviews of okcoin com

With 46 tradeable markets and over 30 crypto assets, should you make this your new crypto exchange platform? Okcoin is a reputable cryptocurrency exchange that allows individuals to buy Bitcoin and other popular coins effortlessly with cash using a variety of payment methods. The platform is geared toward beginners with a spot market and DeFi earning platform. While there are good features available for intermediate crypto traders, the overall platform is lacking, and the fees of 0.1% (maker) and 0.2% (taker) are not the cheapest. Moreover, existing users have rated OkCoin 3.4/5 stars on TrustPilot with numerous reports of poor customer service.

This platform has a lot going for it…

Okcoin is a globally licensed exchange that has quickly become a household name among crypto enthusiasts. OKcoin has a fantastic self-help and educational area with dozens of beneficial self-help articles. It is great to see companies place such a strong emphasis on crypto education as education will be the key to mass adoption and ensuring users are comfortable as they venture into the cryptocurrency space.

All reviews

• The last potential fee to consider pertains to margin trading.
• Using a credit or debit card to purchase crypto is a popular method for safety and convenience, however, a small surcharge is applied to the transaction.
• As of 2025, Okcoin has expanded its operations to serve users in over 100 countries, making it a global exchange.
• Okcoin offers a variety of deposit and withdrawal channels, with fee details available on their website.
• We strive to provide up-to-date information, but make no warranties regarding the accuracy of our information.
• No, Okcoin is a cryptocurrency trading exchange that also offers a custodial wallet for trading services, but is not a non-custodial standalone wallet.

With a user-friendly interface, low fees, and a wide range of deposit and withdrawal options, Okcoin is a great solution for both novice and experienced traders alike. Okcoin offers multiple APIs for developers to integrate with their trading platform, including the V3 and V5 APIs. These APIs provide access to real-time market data, account information, order management, and execution of trades. The V3 API is a RESTful API that provides access to market data and trading functions. It also supports account management functions such as deposits and withdrawals.

Stock Market

• Okcoin supports a wide offering of cryptocurrency coins and projects that can be bought and sold on the exchange.
• There have been no reported hacks of Okcoin and users are encouraged as always to use 2-factor authentication, secure passwords, a new email, and always check links for possible phishing attempts, as always.
• The best thing about OTC trading is that you can buy or sell any crypto asset you want without worrying about slippage.
• For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure.
• Binance requires full KYC now to trade even spot products, and Okcoin requires full KYC as well to use.

Users can right-click the chart to change the time frame, add indicators and customize the scale. Switching between trading pairs using the top menu does not remove any tools, patterns or lines drawn on the charts. Security and data privacy are the foundations of this platform, and important user data is encrypted during transmission and storage to ensure its safety. How OKcoin has grown and evolved from its early days is okcoin review truly impressive, and I highly respect what the team is doing.

This last time OKcoin was great

Okcoin exchange supports payment options such as Bank Wire Transfer, SEPA, ACH, Etana, Epay, PrimeX, Silvergate, Credit Card and Debit Card to deposit funds to the platform. Within the United States, credit cards are not allowed, however, a debit card is permitted. A wire transfer from a local bank is a safe and reliable method that takes between 1 and 2 business days to clear. In addition to the spot trading exchange, Okcoin has introduced a margin trading platform for its users to long or short-sell Bitcoin and other cryptocurrencies using leverage up to 10x. The available pairs that can be traded with leverage include BTC/USD, LTC/USD and ETH/USD. Some users have reported occasional issues with deposit and withdrawal times, but overall, most customer reviews are positive.

Hence, US users who cannot use Binance International may opt for Okcoin or Binance US equally. International users who can use FTX International may prefer FTX. US users trading at FTX US need to do KYC procedures and may prefer it over Okcoin as well, but the two are similar in strengths. Fees will be more competitive at FTX as a trader’s volume is higher and the fee structure is transparent and clear, since FTX offers both fee incentives for volume and for holders of its FTT token. They also use a microservices architecture to authenticate and authorize every access request that is made to a user’s account. This means that all user sessions are secure and validated with complete identity protection.

This means the individual must configure multiple recurring orders to buy Bitcoin, Ethereum or other assets and incur additional deposit fees depending on the payment method. Okcoin is regulated worldwide and supported in 192 countries, such as the United States, Canada, Australia, Singapore, and the United Kingdom, to buy and sell cryptocurrency on its premium trading platform. The exchange, however, does not offer services to residents of Cuba, Iran, North Korea, Crimea, Sudan, Syria, Malaysia, Bangladesh, Bolivia, Ecuador and Kyrgyzstan.

However, we encourage you to consult with a qualified financial advisor before making any investment decisions based on the educational information you find here. The information found on this site does not constitute financial advice. Yes, all users of Okcoin are required to undergo KYC verification procedures as per its KYC/AML terms. FTX is known for catering to active derivatives traders and optimizing for high order volume and trading execution speed. FTX cannot be used by US persons however Okcoin can, and both require KYC.

Deposits and Withdrawal Options

It took several weeks, and all responses were from foreign counties received in the middle of the night. 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. A bit confusing and cumbersome having to change between funding and trading accounts. Also would be nice to have transactions records (buy/sell/limit/market orders/earn etc.) shown in one place.

Take a look at the OKcoin Supported Assets page to find out which cryptocurrencies are available. OKcoin features one of the most advanced trading platforms with highly liquid markets and a stable platform. The trading platform has all the trading features and technical analysis tools to make informed trading decisions. In addition, it is very smooth, with orders executed instantaneously, which is essential with how fast crypto moves.

<