OKCoin – Cryptocurrency Exchange Volume and Information

OKCoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto.

OKCoin a globally licensed exchange with offices in San Francisco, Malta, Hong Kong, Singapore, Japan and Korea. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world.

Solve hard problems. Build extraordinary experiences. Pave the way for innovation. Join us on our mission to make cryptocurrencies accessible to the world.

OKCoin started up in 2013. OKCoin states that security is their no. 1 priority and that they employ “industry-leading security practices”. In 2013, the exchange reportedly got millions of US dollars of angel investments from VenturesLab, co-founded by the globally recognized Tim Draper, who invested in leading companies such as Hotmail, Baidu, and Tesla. In early 2014, the exchange reportedly received a 10 million US dollars investment from China’s famous venture capital fund Ceyuan and Longling Capital, owned by the founder of the Hong Kong listed company Meitu (01357.HK).

OKCoin is one of the largest fiat-to-crypto trading platforms in the world. Founded in 2013, OKCoin offers advanced features for crypto beginners and high-volume traders alike, enabling users in 184 countries worldwide to exchange USD and EUR for Bitcoin, Tethers, USDK, Bitcoin Cash, Ethereum, Ethereum Classic, Decred, EOS, Litecoin, XRP, Cardano, 0x, Stellar, Zcash, TRX, and other digital assets. As a registered Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) and a Virtual Financial Asset Act (VFAA) exchange with a transitory provision permissioned by the Malta Financial Services Authority, OKCoin claims to be on a mission to make digital assets accessible to the world while complying with the highest of regulatory standards.

Mobile Support

If you require that your exchange is also available as an application or a downloadable client for your desktop, then you have come to the right place. OKCoin is available for download at both the App Store and Google Play. It is also available as a download client for both macOS and Windows.

OKCoins special priority is customer support and satisfaction, wherefore transparency and reliable and fast support are key. Experts provide the products and services for customers tailored to their needs, like a mobile app to access the platform and for more advanced traders a variety of trade types like margin trading, futures, Iceberg order, trailing stop orders, etc.

To keep the funds of the customers safe, OKCoin uses special security procedures, like anti-fraud technology, that are transparently presented on the website so that customers know what security measures exist (following the US regulatory and cybersecurity standards) and how they are protected.

OKCoin has fee schedules that place customers in Tiers. The higher their trading volume gets, the more the fees decline. Especially for high volume traders, institutions or market makers, OKCoin offers special fee schedules tailored to their needs. The simplistic design of the web-based trading platform makes it possible that both professionals and individuals can use it easily.

Liquidity

The trading volume at this exchange is not overly impressive. On the date of last updating this review (2 January 2020), OKCoin’s 24 hour trading volume was USD 1.7 million. This placed OKCoin on place no. 124 on the list of the exchanges in the world with the highest 24 hour trading volumes. So, if you are a trader that requires high trading volume from your next exchange, then maybe you should think twice about choosing OKCoin.