Despite the high level of functionality, there are fewer menus to navigate, and the entire platform is more user friendly. If you want to increase your trading limits and unlock other features you’ll need to complete a further sign-up stage with photo verification. Here, we take a look at what’s on offer from OKX, including the new Jumpstart platform which aims to rival Binance’s popular Launchpad. OKX’s smart portfolio can automatically rebalance your portfolio to ensure the optimal performance. Additionally, it can automatically purchase underperforming assets to maximize the profits you can get from them. This feature is particularly useful for traders who are using a large amount of capital.
One of these is a customisable trading bot which enables investors to automate a range of strategies, including spot grid and arbitrage. While in demo mode, you can choose from basic trading, such as spot and simple options, along with margin trading and trading bots. But as your crypto journey develops you may find yourself want access to more advanced trading features, such as derivatives and staking, and this is where OKX shines.
Options Trading
Nothing on the Website is, or shall be deemed to constitute, financial, investment or other advice or a recommendation by us in respect of any product or service referred to on the Website. Information on this Website is provided for okex review general information purposes only and should not be relied upon by you. Without an office address it’s hard for users to know where their transactions are being processed which can be slightly worrying for beginners in particular.
- This website is using a security service to protect itself from online attacks.
- Very responsive and supportive customer service, I have had successful investing and I appreciate their help.
- The initial registration process is very fast with only an email/phone number and password required to join.
- OKX placed an indefinite ban on my account after which they denied my refund.
You can try out different subscription plans to see which works best for your trading needs. Buyshares.co.uk provides top quality insights through financial educational guides and video tutorials on how to buy shares and invest in stocks. www.tokenexus.com/vid/ We compare the top providers along with in-depth insights on their product offerings too. We do not advise or recommend any provider but are here to allow our reader to make informed decisions and proceed at their own responsibility.
Fees
This allows you to start trading crypto-to-crypto, but if you want to make a fiat deposit or withdraw any funds from your account, you’ll need to provide additional personal details. This is a good option for international traders because it provides access to more markets where exchanges were previously blocked by countries with strong trade barriers. OKX is a legitimate cryptocurrency exchange with operations in 200+ countries and office locations in the Seychelles and Malta.
Although all cryptos carry a certain level of risk, the more obscure altcoins can be more volatile. Traders should approach these with caution, particularly if using leverage. Make use of the technical analysis and charting tools on the trading platform to better understand any trends or patterns for a particular asset. OKX (formerly (OKEx) is an online crypto exchange that facilitates trading on a range of digital currencies from Bitcoin (BTC) to Chia (XCH). The crypto broker has attracted more than 20 million global clients with its spot and derivative products, alongside its lending and mining solutions. Our 2023 review breaks down the sign-up and login process, withdrawal fees, wallet options, mobile apps and more.
Must read: OKEx has rebranded to OKX
The exchange has been available for years now, and it has continued to operate despite security threats and changing regulatory procedures. Currently, American traders can’t trade on OKEx because it doesn’t have a license to operate in the country. The exchange also maintains offices in Hong Kong, Malta, and Belize. Once done, input your details and parameters and complete your trade.
Which is better Binance or OKEx?
Binance edges out a slight win when it comes to asset support as they offer a higher number of tradable pairs across markets, while both platforms offer leveraged tokens and incredibly low fees. OKX takes the win as the preferred platform for traders interested in copy trading and accessing trading bots.
