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What is OKcoin?
OKCoin, the largest Bitcoin exchange in terms of volume, has more than 16 million Bitcoins per month. Star Xu is a highly technologically advanced person who established the cryptocurrency market. It is currently based out of Beijing, China. OKCoin is primarily a cryptocurrency exchange for Chinese and Asian users. However, it also welcomes dealers from around the globe. OKCoin uses cutting-edge encryption technology and supports two-factor authentication to login and make whistles. OKCoin account to buy.
OKCoin is not supervised by any financial regulatory agency, which could be the case with other cryptocurrency exchanges. The market is well-respected by its users as well as the crypto community. Verified Okcoin Account are a trusted crypto trader.
OKCoin is not supervised, but that does not mean that it isn’t trustworthy. OKCoin is a trusted market that uses the most current encryption and security protocols in order to protect its users. You should buy Okcoin account.
OKCoin has one of the most secure and advanced trading platforms available for trading Bitcoins and other cryptocurrencies. Although the trading platform is web-based and is geared towards more experienced dealers, it is easy enough to use for beginners. This stage includes a sophisticated map that can be viewed fullscreen. Each of the technical indicators and trading tools may be used to provide a detailed technical analysis. Both the website and platform are easy to use. Both novice and expert traders will enjoy the intuitive nature of the platform and the many trading options available to them.
OKCoin Mobile Trading
OKCoin offers smartphone apps that can be downloaded for both Android and Apple devices. The mobile-enhanced version uses the majority of the functionality found on the web-based trading platform.
Trade Types and Instruments
OKCoin is a great market for experienced traders as it allows them to trade in a wide variety of advanced styles. Traders have access to currency trading, futures and trailing stop orders as well as TWAPs. OKCoin may not have as many cryptocurrency assets as other exchanges but it compensates for this by offering higher-level trading forms. Bitcoin, Litecoin and Ethereum Classic will all be cryptocurrencies that can be traded. They could also be traded against CNY 75000 and CNY 7.
Types of account
All OKCoin users have the exact same account structure, but traders can deposit more and draw larger amounts from different confirmation levels. Below is a description of the confirmation stages.
Level Inch verification permits one to deposit as much as $2, 000 per daily, but not withdraw. The following are required for Level 1 authentication
- Your birthdate
- Passport number or ID number
Level 2 verification permits personal reports to deposit up to $50,000 per day, while corporate accounts can deposit up to $500,000 each day. You will need to confirm the following:
- Take a photo of your passport, or Government-issued ID card.
- An example of proof of residence is a utility bill or bank statement.
There are VIP degrees available that can be earned by trading bonus points and completing KYC details. These VIP numbers determine the trading leverage, borrowing limits, and trader price. Below are 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 premium account
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Spreads and Commissions
OKCoin charges a low fee in both the Chinese and global markets. Based on market volume, the trading prices will be determined on a sliding scale. The taker prices fluctuate and decrease as trading volume increases (taker prices range from 0.20 percent to 0.10%). Futures traders pay 0.03 percent commission for open positions.
Options for Deposits and Withdrawals
To make deposits and withdrawals, you can use cryptocurrencies or fiat money such as USD and CNY. It is as easy as sending coins from your private cryptocurrency wallet to the exchange’s crypto wallet and the exchange’s bitcoin pocket to make deposits and withdraws. OKCoin accepts only bank and cable transfers for fiat withdrawals, deposits and payments. A fee of 0.1 percent applies.
OKCoin does not offer any trading incentives or promotions to its users. The cryptocurrency exchange is already very efficient and liquid so they don’t have to attract new dealers.
OKCoin’s customer service is exceptional, especially considering that it is a cryptocurrency exchange. There are many options for traders to access the service they need. These include email, live chat, phone support, and a ticketing platform. Service representatives respond professionally and politely, so they often reply within an hour. OKCoin also has a FAQ page where dealers can find answers to most of their questions.
You can exchange on margin as well as in stock markets.
The fees are competitive and low.
A trading platform
Fiat money withdrawals and deposits
- Verification is required for withdrawals.
- You can exchange a small amount of cryptocurrency assets.
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OKCoin is a stable cryptocurrency?
OKCoin is not a cryptocurrency exchange that is regulated by the monetary regulatory agency.
Where is OKCoin’s headquarters located?
OKCoin’s headquarters is in Beijing, China.
What is OKCoin’s revenue version called?
OKCoin charges withdrawal fees and makes its money.
How do I transfer money to my OKCoin account
OKCoin accepts cryptocurrency deposits, as well as bank and cable transfer deposits in USD or CNY.
How do I make money with OKCoin?
OKCoin withdrawals can be made in the same way as deposits: via bank and cable transfers for fiat money, and via cryptocurrency transfers among electronic pockets.
How do I register for an OKCoin Account?
To create an OKCoin account, all you need to do is enter a contact number and a password. You will need to provide identity confirmation details in order to withdraw or deposit funds.
OKCoin is a reliable cryptocurrency?
OKCoin is trusted by many people all over the globe.
Is OKCoin a MetaTrader User?
OKCoin uses its own custom-built online trading platform.
What is OKCoin’s leverage?
OKCoin has a maximum leverage of 2 to 3 times.
OKCoin is a fraud?
It’s false. OKCoin, although it’s unregulated, is not a fraud.
OKCoin is a safe cryptocurrency?
OKCoin is a trusted cryptocurrency market because it uses cutting-edge encryption technology for its website to protect against hackers. It also offers two-factor authentication for logins.
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