Review: OKCoin

OKCoin is a promising platform with 0% fees, margin trading, margin futures, and more. It is likely the most powerful of the more traditional exchanges, and offers fairly low fees to boot.

Details:

  • 0.2% taker fees declining to 0.1% with volume
  • 0% maker fees
  • 0.03% futures open fee
  • Exchanges BTC and LTC, and has BTC futures
  • Ludicrously high volume–probably the highest of all exchanges.
  • 2FA

Pros:

  • Low fees, high liquidity
  • The only large and reputable futures market
  • High volume caused by the high-frequency trading and 0% fees combo

Cons:

  • I don’t believe non-Chinese can pass their verification process.
  • Some recent controversy, they may have been faking volumes at a point.
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