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What is OKcoin account?
With over 16 million Bitcoins transacted every month, OKCoin is the world’s largest Bitcoin exchange by volume. Star Xu, a highly technologically advanced person, created the cryptocurrency exchange in 2013 and is based in Beijing, China. The OKCoin exchange caters mainly to Chinese and Asian users, but it also welcomes traders from all over the world.OKCoin is a secure digital currency exchange since it employs cutting-edge encryption technology to protect its website from hackers and supports two-factor authentication for logins and withdrawals. So, buy OKCoin account.
OKCoin is not supervised by any reputable financial regulatory agencies, as is the case for other cryptocurrency exchanges. On the other hand, the exchange has a solid reputation among its users and the cryptocurrency community.
Although the OKCoin exchange is not supervised, that does not mean it is untrustworthy. OKCoin has proven to be a reliable exchange that uses the most up-to-date security and encryption protocols to protect its users.OKCoin, for example, employs bank-level SSL encryption, cold storage for the majority of its cryptocurrency, GSLB and distributed servers, and real-time deposit and withdrawal account monitoring.
OKCoin offers one of the most advanced and secure trading platforms available for trading Bitcoin and a few other cryptocurrencies. The trading platform is web-based and oriented toward more experienced traders, but it is also easy enough for newcomers to use. An advanced map that can be viewed in full screen is included with the platform. For in-depth technical analysis, all of the trading tools and technical indicators are also available. The platform and website are both susceptible and straightforward to use. Beginners and experienced traders alike will benefit from the platform’s intuitive nature and all of the trading options available to them.so,Buy Verified OKCoin Account.
OKCoin Mobile Trading
OKCoin has smartphone apps for both Apple and Android devices that can be downloaded. In a mobile-enhanced version of the website, the trading framework uses many of the functionality of the web-based platform.
Trade Types or Instruments
OKCoin is the ideal exchange for seasoned traders, as it provides a wide range of advanced trading styles. Margin trading, futures, Iceberg orders, trailing stop orders, and TWAPs are all available to traders. The OKCoin exchange may not have as many cryptocurrency assets as some other exchanges, but it makes up for it with advanced trading forms. Bitcoin, Litecoin, Ethereum, Ethereum Classic, and Bitcoin Cash are the cryptocurrencies eligible for trading, and they can all be exchanged against USD and CNY.so,Buy Verified OKCoin Account to get all of this advantages.
OKCoin Account types
Although all OKCoin users have the same account form, different verification levels enable traders to deposit and withdraw more significant amounts. A description of the verification stages can be found below.
Level 1 verification allows you to deposit up to $2000 per day, but not withdrawals. Level 1 authentication necessitates the following.
- Passport or ID number
Level 2 verification allows personal accounts to deposit and withdraw up to $50,000 per day, while corporate accounts can deposit and withdraw up to $500,000 per day. All standard verification is required, as well as the following:
- A photo of your passport or government-issued ID card
- A utility bill or bank statement showing proof of residence
There are also VIP levels that can be earned by earning incentive points from trading and completing KYC details in addition to these verification levels. The VIP amounts decide the trading leverage and borrowing limits and the sum of trader fees. The following are the VIP levels:
- Basic User: < 8,888 points
- VIP 1: > 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
Commissions and Spreads
OKCoin’s fee structure is shallow in both the Chinese and international markets. The trading fees are calculated on a sliding scale depending on the exchange’s monthly amount. Taker fees vary but decrease as trading volume increases (taker fees range from 0.20 percent to 0.10 percent). Futures traders pay a 0.03 percent commission on open positions.
Deposits and Withdrawals Options
Cryptocurrencies and fiat money, such as USD or CNY, may be used to make deposits and withdrawals. Deposits and withdrawals of cryptocurrencies are as simple as sending coins to and from your personal cryptocurrency wallet and the exchange’s cryptocurrency wallet. Only bank and wire transfers are approved for fiat deposits and withdrawals at OKCoin, and a fee of 0.1 percent is charged.
Bonus and Promotions
Unfortunately, OKCoin does not have any trading incentives or promotions to its users. They don’t need to entice new traders to their platform because the cryptocurrency exchange is already quite effective and liquid.
Customer service at OKCoin is exceptional, particularly for a cryptocurrency exchange. Email, live chat, phone support, and a ticketing system are among the support options available to traders. Responses from support representatives are professional and polite, and they usually answer within an hour.OKCoin also has a FAQ page where traders can get answers to the majority of their questions.So,Buy Verified OKCoin Account.
- Exceptionally high liquidity
- Has the ability to trade on margin and in futures markets.
- Fees are low and competitive.
- A platform for advanced trading
- Deposits and withdrawals of fiat currency
- Withdrawals need verification.
- A limited number of cryptocurrency assets can be traded.
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Frequently Asked Questions:
Is OKCoin a steady cryptocurrency?
No, OKCoin is not a financial regulatory agency-regulated cryptocurrency exchange.
What is the location of OKCoin’s headquarters?
OKCoin is headquartered in Beijing, China.
What is OKCoin’s revenue model?
OKCoin makes money by charging trading and withdrawal fees to its users.
How do I put money into my OKCoin account?
OKCoin accepts cryptocurrency deposits as well as bank and wire transfer deposits in USD and CNY.
How do I get money out of OKCoin?
Withdrawals from OKCoin can be made in the same way that deposits are made: via bank and wire transfers for fiat currency and via cryptocurrency transfers between digital wallets.
How do I sign up for an OKCoin account?
To create an account at OKCoin, all you have to do is include an email address and a password. For deposits and withdrawals, you will be required to request identity verification details.
Is OKCoin a trustworthy cryptocurrency?
Yes, OKCoin is reliable and trusted by many people from all around the world.
Is OKCoin a MetaTrader user?
No, OKCoin uses its own custom-built web-based trading platform.
What is the leverage of OKCoin?
OKCoin’s maximum leverage ranges from 2 to 3 times.
Is OKCoin a scam?
No, it’s not true. Even though it is unregulated, OKCoin is not a scam.
Is OKCoin a safe cryptocurrency?
OKCoin is a reliable cryptocurrency exchange since it employs cutting-edge encryption technology to keep its website protected from hackers and offers two-factor authentication for logins and withdrawals.
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