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What are OKcoin accounts?
With over 16 million Bitcoins transacted every month, OKCoin is the world’s largest Bitcoin exchange by volume. Star Xu, an exceptionally technologically complex person, established the cryptocurrency market in 2013 and is currently based in Beijing, China. The OKCoin exchange caters mainly to Chinese and Asian users, but it welcomes dealers from all over the world in Addition.OKCoin
is really a stable digital money market as it uses cutting-edge encryption technology to protect its website from hackers and supports two-factor authentication for logins and whistles. So, buy OKCoin accounts.
Regulations
OKCoin Isn’t supervised by any reputable financial regulatory agencies, as could be the case for other cryptocurrency exchanges. On the other hand, the market has a solid reputation among its users and also the cryptocurrency community. Buy Okcoin Accounts, such reputable crypto traders.
Reliability
Even Though OKCoin exchange Isn’t Supervised, that doesn’t mean it is untrustworthy. OKCoin has been demonstrated to be considered a trustworthy market that uses the most up-to-date encryption and security protocols to protect its users.OKCoin, as an example, employs bank-level SSL encryption, and cold storage for the vast majority of its own cryptocurrency, GSLB, and distributed servers, along with real-time deposit and withdrawal account tracking. So you Should Buy Okcoin Accounts.
Trading Platforms
OKCoin offers one of their most advanced And protected trading platforms for trading Bitcoin and some different cryptocurrencies. The trading platform is more web-based and oriented toward more experienced dealers; however, it is also easy enough for novices to make use of. A sophisticated map that may be viewed in fullscreen is included with this stage. For comprehensive technical analysis, each of the trading tools and technical indicators may also be available. The website and platform are susceptible and straightforward to use. Beginners and experienced traders alike may enjoy the platform’s instinctive nature and open the trading options for them.
OKCoin Mobile Trading
OKCoin has smartphone apps for both Apple and Android devices which can be downloaded. At a mobile-enhanced version of the site, the trading platform uses most of the functionality of the web-based platform.
Trade Types or Instruments
OKCoin is the ideal market for seasoned Traders since it offers a broad range of advanced trading styles. Currency trading, futures, Iceberg orders, trailing stop orders, and also TWAPs are all available to traders. Even the OKCoin exchange might well not have as numerous cryptocurrency assets as some other exchanges, but it makes up for it using higher-level trading forms. Bitcoin, Litecoin, Ethereum, Ethereum Classic, and also Bitcoin Cash will be the cryptocurrencies entitled to trading, and so they could be traded against 75000 and CNY.
Account types
Even though All OKCoin users have exactly the same accounts shape, different confirmation levels empower traders to deposit and draw more significant quantities. A description of these confirmation stages as seen below.
Level Inch verification allows one to deposit up to $2, 000 per day, however, not withdrawals. Level 1 authentication necessitates the following.
- Name
- Nationality
- Birthdate
- Passport or ID number
- Address
Level 2 verification allows personal reports to deposit and draw up to $50,000 daily, whereas corporate accounts may deposit and draw up to $500,000 daily. All Typical confirmation is needed, in Addition to the next:
- A photo of your passport or Government-issued id card
- A utility bill or bank statement demonstrating Proof of residence
Additionally, there Are VIP degrees that may be Made by earning bonus points from trading and completing KYC details in Addition to those verification levels. The VIP figures decide that the trading leverage and borrowing limits and the sum of trader prices. Listed below will be the VIP levels:
- Basic User: < 8,888 points
- VIP Inch: 88,888 points
- VIP 2: > 88,888 points
- VIP 3: 288,888 points
- VIP 4: 588,888 points
- VIP 5: 888,888 points
- Gold Account: A paid account
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Commissions and Spreads
OKCoin’s fee structure is shallow in either the Chinese and worldwide markets. The trading prices will be calculated on a sliding scale based on the market’s monthly quantity. Taker prices vary but decrease since trading volume rises (taker prices range between 0.20 percent to 0.10 percent). Futures traders cover a 0.03 percent commission on open places.
Deposits & Withdrawals Options
Cryptocurrencies and fiat money, such as USD or CNY, might be applied to make withdrawals and deposits. Deposits and withdrawals of cryptocurrencies are as straightforward as sending coins to and from the private cryptocurrency pocket and also the exchange’s cryptocurrency wallet. Only cable and bank transfers are approved for fiat withdrawals and deposits at OKCoin, and a cost of 0.1 percent is charged.
Bonus
Regrettably, OKCoin Doesn’t Have any Trading incentives or promotions for its own users. They do not have to lure fresh dealers to their own platform as the cryptocurrency exchange has already been quite effective and liquid.
Customer Support
Customer support at OKCoin is Exceptional, especially for a cryptocurrency exchange. Email, live chat, phone service, and a ticketing system are just one of the service options open to traders. Responses from service representatives are professional and polite, and so they usually answer in an hour.OKCoin also features a FAQ page at which dealers can get answers to the majority of their questions.
Pros
Exceptionally Higher liquidity
Gets the ability to exchange on margin and also in stock markets.
Fees are low and competitive.
A platform for trading
Deposits and withdrawals of fiat money
Cons
- Withdrawals want verification.
- A small number of cryptocurrency assets can be exchanged.
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FAQ
Is OKCoin a steady cryptocurrency?
No, OKCoin is not a monetary regulatory Agency-regulated cryptocurrency exchange.
What Is the location of OKCoin’s headquarters?
OKCoin is headquartered in Beijing, China.
What Is OKCoin’s revenue version?
OKCoin makes money by charging And withdrawal fees for the users.
How Do I put money into my OKCoin account?
OKCoin takes cryptocurrency deposits as Well as cable and bank transfer deposits in USD and CNY.
How Do I get money from OKCoin?
Withdrawals out of OKCoin can be made in The same fashion that deposits are made: by cable and bank transfers for fiat money and via cryptocurrency transfers between electronic pockets.
How Can I sign up for an OKCoin account?
To Generate an account in OKCoin, All-you Need to do is add a contact address and a password. For withdrawals and deposits, you will be asked to request identity confirmation details.
Is OKCoin a trustworthy cryptocurrency?
Yes, even OKCoin is reliable and reliable by many people from all around the planet.
Is OKCoin a MetaTrader user?
No, OKCoin utilizes its custom-built Online trading platform.
What Is the leverage of OKCoin?
OKCoin’s highest leverage ranges out of two To three times.
Is OKCoin a scam?
No, it’s not true. Although It’s Unregulated, OKCoin isn’t just a scam.
Is OKCoin a secure cryptocurrency?
OKCoin is a Trusted cryptocurrency Market since it employs cutting-edge encryption technology to keep its website protected from hackers and offers two-factor authentication for logins and whistles.
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