You must bear in mind that OkCoin exchange was designed for token exchange and trading alone. After you’ve signed up for an account through the exchange, you’ll gain access to the full range of options offered. 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. While we strive for accuracy, the content on our Website, including articles, reviews, and opinions, is for informational purposes and may not always be up-to-date or error-free. To do this, you will need to navigate to the withdrawal section, enter the recipient’s Bitcoin address, and confirm the transaction.

To link bank accounts with Okcoin accounts, Okcoin offers Plaid that uses your bank’s username & password. The name used in the bank and Okcoin accounts should match, or else they will not be linked. 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. That said, their markets are easily accessible, and they have an extensive selection of order types, including rather obscure ones like iceberg and TWAP orders.

1. Okcoin uses a tiered fee structure with trading fees ranging from 0% to 0.20%.
2. Once funds are in your trading or funding account, there are no additional fees.
3. There, you’ll find all of the necessary data for traders, including a trading chart (in two colour schemes, light or dark).
4. Moreover, Okcoin features a page just for FAQs answering the most commonly asked questions by average as well as advanced traders.
5. With a focus on expanding its offerings and providing a platform for both new and seasoned traders, Okcoin has secured a place as a significant player in the crypto ecosystem.

The last potential fee to consider pertains to margin trading. If you are trading with margin for USD, the historical daily interest rate is 0.02%. If you are trading with margin for BTC, ETH, or LTC, the historical daily interest rate is 0.01%. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Market makers make the market liquid while takers remove this liquidity by matching the marker’s order with their order. Internal wallets are only for 3rd party services and businesses using the wallet infrastructure of Okcoin. After entering the wallet address, you may enter an address tag, if needed, then submit the withdrawal request. Turnip Boy has already committed a bunch of crimes, and he does even more in Turnip Boy Robs a Bank.

How long before I can withdraw from Okcoin?

All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Securities offered through Robinhood Financial LLC, a member of FINRA and SIPC and a wholly-owned subsidiary of Robinhood Markets, Inc. Cryptocurrency trading offered through Robinhood Crypto LLC. Robinhood Crypto and Publisher are not a members of FINRA or SIPC and cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC insurance.

A decent exchange with low fees and…

The company asks for plenty of information, and this can feel invasive at times. Like the limited language offerings, some users also find the small set of cryptocurrencies available on the platform offputting. OKCoin’s supported currencies appear downright meagre next to the constantly expanding crypto lists of its competitors. Despite these events, the exchange handled $19.7 million in trading in the 24 hours following the announcement of the arrest. What’s more, OKEx, its’ crypto-to-crypto entity, ranked the 11th largest exchange in the world by adjusted trading volume.

Okcoin Review – Is This Crypto Exchange Worth Using?

Soon after, Okcoin ended its terms with the US customers since apparently, they were not ready to conform with the regulation demands provided by the country. 2FA is 2-factor authentication, a security method used to confirm the claimed identity of any user by using a combination of 2 different factors. So, get this 2FA by going to the Security section and select Google Authenticator.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. 1) Extremely disappointing that Okcoin cancelled STAKING from the entire Canadian market when each province has its own ‘SEC’ and only Ontario & Quebec have been unfriendly to crypto.

The exchange explains how to set up an account and start buying cryptocurrencies right from its homepage. Okcoin reviews provide unbiased information but should not be taken as financial advice. The simple advice is to conduct intensive research on the platform before investing.

Okcoin Supported Assets

You can also take selfies in various parts of the bank to bring back to Annie the avocado, who is once again trying to unravel the history of the world. There’s a lot more lore to uncover throughout, and by the end of the story, you’ll have a very good idea of how we as humans messed everything up. Best of all, you’ll still be tasked with fulfilling long-winded, optional errands for NPCs – things like finding rings to help two berries to get engaged. These extended side missions were in the first one too, but it was tough to keep track of them since there wasn’t a quest log. Thankfully, you now have a task list in your menu to do just that, excitingly addressing one of Commits Tax Evasion’s biggest letdowns. One of the first items Turnip Boy is handed is a gun, and not long after that, you get into a truck, ram into a bank, and start killing.

The trading fees are based on a sliding scale that refers to monthly volume on the exchange. Maker fees are non-existent, while taker fees vary but drop as trading volume increases, (taker fees range from 0.20% – 0.10%). When trading futures, traders incur a 0.03% on open positions. OKCoin okcoin review features one of the most advanced and stable trading platforms for the trading of Bitcoin and a select other few cryptocurrencies. The trading platform web-based and is geared towards more professional traders but at the same time is simple enough for beginners to use as well.

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Crypto staking and lending are popular ways to earn rewards on your crypto holdings. Okcoin makes this easy and offers competitive interest rates. The best part about Okcoin is its fees, which are some of the cheapest we’ve found. Trading fees depend on your monthly trading volume, but the most you’ll pay is 0.2%.

This veritable “digital gold” continues to drive the demand for cryptos, and it has earned legitimacy even as analysts continue to project it could reach heights of $100,000 or even $146,000 soon. We emphasize that our compensation never affects our editorial integrity. Any claims, statistics, or general information should be verified with the respective providers. For a detailed list of our advertising partners and more on our monetization strategies, refer to our full advertiser disclosure. James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency. Furthermore, real-time, around-the-clock transaction monitoring is in place to thwart any suspicious activity.

As for fiat deposits and withdrawals, only bank and wire transfers are accepted at OKCoin, and a fee of 0.1% is incurred. There are a total of 11 tiers, with the final being a 30-day trading volume over $500,000,000 that banks an impressive 0.00% maker fee and 0.02% taker fee. In fact, Okcoin’s 0.00% maker fee actually starts at $10,000,000 in 30-day trading volume.