Okcoin Is One Of The Oldest Fiat-to-crypto Exchanges In The World. The Trading Platform Was Founded In 2013. It Is Licensed To Operate Globally And Can Be Used In More Than 190 Countries. As Of 2022, The Exchange Has More Than 4 Million Users With Millions Of Dollars In Daily Transactions.
The US-based Exchange Has 6 Global Offices In Different Regions, Including San Francisco, Miami, Malta, Hong Kong, Singapore And Japan.
Who Is The Founder Of Okcoin?
The Global Cryptocurrency Exchange Is The Brainchild Of Mingxing Xu Aka Stat Xu. Xu Was Born On April 3, 1987 And Received His Bachelor's Degree In Applied Physics From Beijing University Of Science And Technology In 2006.
He Has A Background In Technology Management And Has Worked At Alibaba And Yahoo, Where He Was Responsible For The Development Of Search Algorithms. In Addition, He Was The CTO Of DocIn.com, The Largest File Sharing Service Company In China.
When Was Okcoin Launched?
Okcoin Was Established In 2013. In November 2017, The Company Entered The US Market In July 2018 After Applying To The US Financial Crimes Enforcement Network (FinCEN) For Approval To Operate A Financial Services Business (MSB).
Where Is Okcoin Located?
The Crypto Exchange Is Headquartered In San Francisco And Has Global Offices In Japan, Hong Kong, Malta, Singapore, And Miami.
Countries With Restrictions On Okcoin Use
Users In 192 Countries Can Use The Trading Platform's Services. US Residents Can Only Use Okcoin's Services Through Okcoin USA. The Trading Service Is Not Available In States Such As Hawaii, Nevada, New York, West Virginia, And All US Territories Except Puerto Rico. In Addition, The Company's Services Are Also Not Available In Areas Subject To US Sanctions Such As Cuba, Iran, North Korea, Crimea, Sudan, And Syria.
Which Currencies Can Okcoin Support?
The Platform Supports 76 Currencies And 4 Fiat Currencies, Including Popular Assets Such As USD, EUR, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), LTC, SOL, And DOGE. Although The Exchange Does Not Offer As Many Varieties Of Cryptocurrency Assets As Its Competitors, It Makes Up For It With Advanced Transaction Types.
How Much Is The Fee For Okcoin?
The Company Offers A Rate Structure With Different Tiers, With Fees Ranging From 0% To 0.20%, Depending On The Volume Of Transactions A User Makes Within 30 Days. Pending Order Fees Range From 0% To 0.10%, While Eating Order Fees Range From 0.02% To 0.20%.
Is It Possible To Use Leverage Or Margin Trading On Okcoin?
Traders Can Use Up To 3x Leverage For Margin Trading On This Exchange.
