Okcoin reviews Bekijk consumentenreviews over okcoin com
If you’re finger slips you order two or three of the same recurring purchases on the same day without even knowing it. Also, the whole funding and trading account doesn’t make sense. How about just one account you can transfer and buy and sell at your leisure. Voyager is very easy to navigate for me, that’s why I use them to HODL assets. There are 2 options to obtain cryptocurrency with fiat money using Okcoin which include a one-off purchase or recurring orders. Customers that want to convert fiat into crypto at a particular price can use the off-off time purchase to select a payment method available to the country of residence.
- Its success is in large part because of extremely affordable trading fees and an intuitive design that’s great for beginners.
- We’ll take a look at its pros and cons and whether it’s the right platform to help you get in on the Bitcoin action (and more).
- People need to be patient & they customer support can really help you.
- You can buy, sell, and trade over 75 cryptocurrencies on Okcoin.
There are a lot of complaints from that period about the exchange refusing the documents from International users without explanation and preventing them from withdrawing their funds. There were also a lot of comments related to the scandal from March of 2015 when many high-level executives left the company, following the changes in the company strategy from Mr. Xu. The exchange was later accused of inflating trading okcoin review volumes artificially, in order to look like the biggest exchange in the BTC market. Okcoin users can contact the exchange by direct email, using a live chat service or telephone number. The System Status page can be useful to see if there is scheduled maintenance that can cause delays with withdrawal requests. The recurring orders feature allows users to set up automatic deposits using a particular payment method.
Please check the email address you used to sign up for a message from the team with instructions on how to regain access to your account. It may have also ended up in your spam inbox, so please check there too. The Okcoin mobile app is designed with a simple user interface that is ideal for beginners to quickly and safely buy crypto and monitor the live coin prices. The app has a 4.2- star rating on Google’s Play Store from 1,693 voters. However, there are a number of concerns by existing Okcoin app users regarding network connectivity issues and minor glitches preventing login, ID verification and withdrawing funds.
OKCoin Review Conclusion
However, it’s not the only platform that provides a secure and reliable experience. A few of the top competitors in the space include Coinbase and Gemini. You won’t be tied to your desktop when you want to make a trade. Instead, you can take Okcoin with you through a mobile app. Through the platform, you can make trades with zero transaction time.
OKCoin Exchange: Areas for Improvement
You can buy, sell, and trade over 75 cryptocurrencies on Okcoin. That’s a strong lineup, and it gives you plenty of different projects to invest in, from the biggest cryptos on the market to those that are still working their way up the list. Everything is clearly labeled and easy to understand, which is helpful if you’re getting started with crypto. The exchange explains how to set up an account and start buying cryptocurrencies right from its homepage. That’s why you should carefully weigh this exchange against the competition. Find out more about other cryptocurrency exchanges worth your consideration.
Customer
There are over 75 cryptocurrencies available on Okcoin, giving it one of the larger selections, even compared to the top cryptocurrency apps. In addition to crypto trading, Okcoin also lets you earn interest on your crypto holdings by staking or lending them. Some of Okcoin’s competitors go into much more detail in their educational content and cover more subjects. If you’re looking for a platform that will help you expand your crypto knowledge, you may want to explore more crypto reviews.
Trading on this platform is hit or miss…
Overall, the customer feedback on Okcoin’s support service is good with complimentary comments on the exchange’s features, the number of coins offered and low trading fees. Diving into the world of cryptocurrency can be confusing. With so many crypto exchanges out there, is it hard to know which one offers the best security without overcharging for the right to buy and sell cryptocurrencies. Okcoin has built a platform that prides itself in providing the highest security measures.
After that, Okcoin will send you a verification code to complete the account creation process. From there, you’ll need to complete your identity verification. 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. Okcoin is available in more countries than nearly every other major cryptocurrency exchange available today.
The exchange, however, does not offer services to residents of Cuba, Iran, North Korea, Crimea, Sudan, Syria, Malaysia, Bangladesh, Bolivia, Ecuador and Kyrgyzstan. Yes, as previously noted, Okcoin offers its users a secure trading experience. The exchange has a variety of security measures in place. These include cold storage, multiple machine backups, hot wallets with offline keys, and more. To compare apples to apples, you’ll want to look at Coinbase Pro and Gemini ActiveTrader, each of which target high-volume traders.
As we’ve discussed in this OKCoin review, it provides traders with many handy trading tools, professional customer support, and educational resources. Hi Geoffrey, thank you for taking the time to reach out. It sounds like your account was flagged by our security protocols for our risk team to review.
If you have any questions, please send us a direct message on Twitter @okcoinhelpdesk and we’d be more than happy to help. Our Sell feature is currently up and operational, so there may be a problem with your individual account or the internet browser you’re using. We’re sorry to hear that you weren’t able to get ahold of our customer service team for a solution and we’d be happy to get you connected with our escalations team. Please kindly send us a direct message on Twitter @okcoinhelpdesk and they’ll be able to provide you with expedited support through there.
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. Today, it trades at more than $2.3 billion during any given 24 hours period.
Other participants in the funding round with Prime Trust and OKCoin included Novablock Ventures, Xsquared Ventures, and Blockchain Partners. I even spoke with one of their customer service representatives, and it was a breeze dealing with them. They even helped me and made me understand what happened to my issues. I have been trying to withdraw my secret crypto for over a month. I am receiving an error message “the mainnet upgrade is in progress to optimize the networks overall performance”. OKCoin is the first exchange to offer futures trading in BTC/USD pair and still has the largest liquidity.
Okcoin Reviews
I have Coinbase, KuCoin, BlockFi, Bittrex, BitMart, Binance US, various other small exchanges where I bought a one-off coins, and various wallets. I find myself going to OkCoin first, then to my secondary exchanges due to their fees…lowest around. They have pretty good staking percents, easy to move assets around, and (personally) never had any of the issues listed below. There was once I was double charged for a purchase.
How to Make Deposits and Withdrawals
Top of the line exchange, especially for professional traders. The company offers a lot of advanced order types, including Iceberg orders, trailing stop orders and TWAPs. Deposit and withdrawal fees on the Okcoin exchange depend on the payment option used. Debit cards are available for users globally and have the highest deposit fee of 3.99% which is similar to using Coinbase.