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Where is OKCoin based?

Based in San Francisco, Okcoin boasts more than 100,000 investors in 192 countries. Regulations for Okcoin and other crypto exchanges vary between jurisdictions, where some countries allow them to freely provide services to investors while others prohibit banks from accepting crypto transactions.

What is OKCoin & how does it work?

Since its inception, Okcoin has developed into one of the largest cryptocurrency exchanges in the world by user base and transaction volume. Users can trade Bitcoin and 20 other assets through the Okcoin. It has expanded beyond the traditional platform, allowing investors to trade over-the-counter (OTC) "without slippage ."

Does OKCoin have a mobile app?

The company also released a mobile consumer payment and lending app service, which is available on the Apple App Store and through Google Play. Okcoin raised $10 million through two rounds of funding. The last round was completed on Dec. 15, 2017. The company has a total of five investors, notably venture capital firms from China.

How secure is OKCoin?

It uses end-to-end encryption to protect data. Okcoin masks data during collection, uses SSL encryption during transmission, and uses AES encryption during data storage. It stores 95% of crypto funds in cold storage and the rest in multisig hot wallets. Cold storage is offline, so it's the most secure crypto storage option.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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