The OKB Token
OKX has trading bots that can be customized to help crypto traders use different automated trading strategies. Even though the platform has some of the best features in the business, it is not perfect. This review of the OKX exchange will look at the trading platform and give unbiased information about how it works. In 2020, customers’ funds at OKEx were frozen and people were prevented from withdrawing their equity for nearly a week after Chinese police launched an investigation linked to the company. Although the education section is limited, there are helpful articles on various topics, including API investing and dollar-cost averaging.
This provides comprehensive overview of the financial instruments that are on the platform. Of course, be wary of the fees that the blockchain network charges you. On the other hand, users will not pay fees to deposit funds but will be charged to withdraw funds.
I WANT MY FUNDS BACK
Users just need to lock their assets on the platform for a while and get rewards. This trade type is easier for new users to understand than the other complex types. OKX offers many of the same features as other large competitors. Here’s a look at how it compares to another popular exchange, Coinbase. Unverified accounts can withdraw up to 10 BTC per day and trade up to $500, while higher levels give you higher withdrawal limits and transaction limits. Cryptocurrency transactions are generally one-way and can’t be reversed, so always double-check transaction details before proceeding.
- It also has a 4.8 out of 5 rating from over 14,600 reviews on the Apple Store.
- The exchange has a customer service team with extensive support capabilities.
- Kraken is another large cryptocurrency exchange that offers basic and advanced trading services at reasonable prices.
- OKEx offers more cryptocurrencies, up to 300+, while Crypto.com offers about 138 crypto coins.
- To withdraw fiat money to your bank account, use P2P trading to convert crypto into a fiat currency.
