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Factors of OKEx You Should Know as a Potential User

Factors of OKEx You Should Know as a Potential User

OKEx is a well-known platform that was established in 2017 in Malta. It is known for offering several outstanding services to the users, one of which is to trade a wide array of digital assets.

There are numerous crypto platforms in the market and they all vary from one another based on numerous factors. These factors include fee structure, security systems, trading tools and more.

The OKEx exchange is one of the platforms that is known for its services that it offers to its users. Therefore, if you are interested in using this exchange for buying, selling or trading digital currencies then you should know some factors of the platform.

Here are the details you should know as a potential user of the platform.

User Interface of OKEx

An exchange that is user-friendly and offers an easy-to-navigate for the new and experienced users is a suitable option. As a beginner, you should know that not every platform has a simple and easy interface. Some platforms are designed for the experts and hence they have advanced trading tools, charting tools and more.

On the other hand, there are some platforms that offers a simple user experience, which makes them good options for people who are beginners.

Therefore, if you are new to the world of crypto then taking a look at the user experience offered by the exchange is important. In this brief OKEx review you can get to know that this platform has a user-friendly interface and is easy-to-navigate.

Fee Charged by the Platform

The OKEx fees charged to the users is yet another essential and major factor that you should consider before using it. The fee charged by any exchange should be of immense importance as not every platform has a transparent and fair fee structure.

Since crypto investing and trading is already a challenging ordeal for a beginner, you should make sure that is worth your while before you use OKEx.

This crypto exchange is known for offering a low trading fee. This platform also follows the market maker and taker model, the details of which are mentioned here:

  • Purchasing fee of 0.15%
  • Withdrawal fee of 0.0005 BTC
  • Withdrawal fee of 0.01 for Ethereum
  • Trading fees for spot trading is at 0.15%
  • Withdrawal fee of 0.15 for Ripple
  • For futures contracts, taker fees ranges from 0.09% to 0.15%
  • No deposit fee

Availability in USA

Availability of a crypto exchange in your country or region is one of the most important factors that you need to look at before you choose a platform. Due to regulations problems with governments of different countries causes a problem for the crypto exchanges.

Even the largest exchanges sometimes refrain from offering their services to customers in some countries. Therefore, if you are a potential OKEx US customer then you should know that it is not available in the United States.

Therefore, if you are interested in using the platform you should know OKEx USA is not available and you can look for other exchanges that are easily available for you.

Customer Support Services

OKEx is a popular crypto exchange as mentioned above and offers impressive customer support. It aims to make crypto trading easy for every crypto investor, whether they are experienced or not.

Customer support helps the users in solving any kind of problems or obstacles in a timely manner. If there is no team of experts available to assist the users, the entire experience can become more complicated and stressful.

On the other hand, if there are customer support agents available to address all obstacles and challenges as quickly as possible then the beginners can quickly overcome any problems. Therefore, in this OKEx exchange review, you can see that the platform offers high-end customer support that is available around the clock.

The customer agents have extensive support capabilities and more. There is also desktop and mobile app support offered by the exchange, which makes it a stand out option among its competitors.

Final Takeaways!

There are numerous cryptocurrency exchanges in the market that can be used by both experienced and inexperienced investors and traders. OKEx is one of the platforms that can be used by beginners and experts, however, before you choose this platform you should know its details and features. Therefore, as a first-timer, you should know the details that are mentioned above in detail.

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