Okcoin Review & Promotion Bonuses Get $20 in Bitcoin

okcoin review

We are working on adding an ACH withdrawal option, so transaction processing times will be improving. That being said, $960 should not have been taken out of your bank account without you initiating a deposit. If you knowingly made the deposit, we recommend taking these holding periods for withdrawals into consideration before making another deposit. If you have any questions, feel free to send us a direct message on Twitter @okcoin and we’d be happy to help.

okcoin review

The exchange has a variety of security measures in place. These include cold storage, multiple machine backups, hot wallets with offline keys, and more. To compare apples to apples, you’ll want to look at Coinbase Pro and Gemini ActiveTrader, each of which target high-volume traders. At these levels, users can take advantage of each platform’s maker/taker fee structures which are more affordable than their standard fees.

Okcoin Staking and DeFi Offers

I just wish they could add an actual total worth of each asset in your wallet. It’s quite the hindrance to go to a chart and calculate the move for the day. Now it is time to explore the darker side of Okcoin and see what areas the platform lacks in. The issues are definitely not that big, but it still is a good idea to keep them in mind so you won’t face problems later. Since then, it has opened six offices around the world.

The exchange, however, does not offer services to residents of Cuba, Iran, North Korea, Crimea, Sudan, Syria, Malaysia, Bangladesh, Bolivia, Ecuador and Kyrgyzstan. Hi https://forex-reviews.org/okcoin/ Ricardo, thanks for taking the time to let us know about your experience. We would be happy to check and see if we can refund the duplicate charges to your account.

Okcoin Review: Crypto Platform For New Investors

This is a different strategy than trying to time the market and picking the bottom. Okcoin is one of the best crypto exchange I’ve had the pleasure of using. Whenever I do a fiat withdrawal the money reaches my bank within 24 to 48 hours. Hi Benjamin, thanks for taking the time to reach out. It can take some time for our team to review each individual account, but it should not take a month to be completed.

There were also a lot of comments related to the scandal from March of 2015 when many high-level executives left the company, following the changes in the company strategy from Mr. Xu. The exchange was later accused of inflating trading volumes artificially, in order to look like the biggest exchange in the BTC market. A decent exchange with low fees and instant buying power. And if you work on the app UI that would be great to make it more user friendly plus pro version.

Okcoin Deposit Fees

A few of the top competitors in the space include Coinbase and Gemini. Keep in mind that these fees only apply to trades (i.e. transactions in which crypto pairs are exchanged). But if you’re looking to buy crypto, you may be charged a separate fee.

Okcoin Paradigm Announce Bitcoin Core Grant – Bitcoin Magazine

Okcoin Paradigm Announce Bitcoin Core Grant.

Posted: Wed, 18 Jan 2023 08:00:00 GMT [source]

If you want to pay less that $1 per buy (and lots of times fees are waived for reoccurring purchases), give it a try. Go to Other exchanges and you can easily pay 5-20 times that. The stupid part about it is it doesnt say you cant withdraw/send your fund before you make the purchase it says it after you pay for the coins. Its a damn scam.most people say 3-4 business days because thats all it takes.

Featured Exchanges

I probably have close to 500 purchases and withdrawals with them, and 6 reoccurring purchases. Now they have a “Trading feature beta” which you can toggle on and off if you want more functionality. They seem to constantly improve things and most complaints of the app I have had are either being resolved or I am just getting really used to it.

  • We will also cover the promotions currently being offered by Okcoin.
  • The security of funds on our platform is our top priority and we appreciate your patience while the team works to review your account.
  • To view the full list of deposit and withdrawal fees, visit the Okcoin website.
  • That being said, we definitely want to provide you with answers for your questions and can be reached directly on Twitter @okcoinhelpdesk for expedited support.
  • The more you use the platform, the shorter this wait time usually becomes.

As a result, you can rest assured its safety and security measures always comply with US regulatory and cybersecurity standards. Now living in Ireland, everyone is talking about this expert on what’s app
Crypto Reclaimers helped me excellent to refund about 75% from my money. I got great help from Dana Levi, Ksenia Danshen en Alex Cooperman. I can recommend Crypto Reclaimers, they are very professional. +1 (518) 620‑3388
 Recommending the expert I’m from the Ireland. You pay a taker fee on orders that are filled immediately and a maker fee on orders that aren’t.