I am unable to change my number because my number has been lost. Very bad experience In okx because I still have coin there but cannot login nobody support in this matter to change my number and I can trade again. We’re thrilled to hear that you find our newest version’s UI/UX to be really good.

• There have been reports of hacking issues and account passwords being bypassed.
• All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose.
• This can be done in either of two ways; you can download the OKEx app and create an account, or if you are more comfortable with a desktop, head down to their official website.
• Most of your OKEx account needs will be self-service—plan to handle your trading and account updates yourself.
• OKEx offers many of the same features as other large competitors.

These provide multiple lists of cryptos based on turnover, market cap, changes in price and a list of new entries into the market. This is useful for beginners to familiarise themselves with the platform without risking their own funds. More experienced clients may wish to use the demo account to practice a new investing strategy. For ‘regular’ users of OKX (i.e non-VIP customers), the 24-hour withdrawal limit is 500 BTC.

Advanced Features

Yet trading volumes on the CME are still dwarfed by those on unregulated derivatives exchanges, many of which operate in the Far East. The Chicago Mercantile Exchange (CME), one of the world’s largest established exchanges for derivatives trading, recently recorded a record volume day in bitcoin. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite.

NapBots requires API keys that are used to deliver orders as per your preference of strategy combos. It can only request an update on trade execution but your money will never be accessible for the platform. NapBots is expanding continuously but managing to retain its existing clients due to highly innovative features, flexible pricing, and a diversity of available cryptocurrencies, exchanges, and crypto bots. The platform does not charge commissions but instead has fixed membership fees which makes it easier to calculate overall trading costs and decide on a strategy. Furthermore, the interface of the trading terminals is overly simplified to suit all the levels of expertise in trading, including beginner, intermediate and advanced. NapBots is a decent crypto trading platform for those who are already familiar with Binance, BitFinex, Bitmex, Kraken, and others.

Easy to use wallet for OKX users.

However, when it comes to a service like eToro, it might not be much better. Investors are interested in much more than just cryptocurrencies, and eToro provides access to a much broader asset class. With OKEx, you can start with a minimum deposit of just £7.25, https://www.tokenexus.com/ making it easy for you to gain exposure to cryptocurrencies with little capital. And you don’t necessarily need to supply all your details before you can get started. But OKEx will reduce your deposit and withdrawal amounts until you complete your KYC process.

This kind of offline wallet will keep your coins safe by making them inaccessible through online networks. If you are new to trading cryptocurrency, it is important to look for a beginner-friendly site to get started. Some exchange platforms are so complicated that even a seasoned trader might get lost in all the nooks and crannies of the site. Therefore, make sure to check the complexity of the platform before diving deeper into the transaction. Look for intuitive sites with a simple user-friendly design to avoid any unwanted hassle.

About OKX Wallet

The platform has more than 3 years of experience in designing unique crypto trading strategies and highly enhanced crypto bots with hourly, daily, and weekly trading terms. It supports more than a dozen cryptocurrencies, the most popular crypto exchanges, and more than 20 crypto bots to choose from. Furthermore, NapBots has a simple pricing structure with three subscription plans available at a starting rate of 19 euros per month for the Silver membership plan. Hence, NapBots is equipped with every tool and feature to support beginner and advanced crypto traders. I like its simple design, very straightforward and clean interface with ease to access and fast response. It provides users with rich trading tools for easy buying and selling of crypto currencies and quick to monitor the market trends with high level of security mechanism to digital assets.

To deposit funds via bank transfer, you first need to fill out the relevant forms, which provide you with an online banking transfer code or a China Union Pay card number. https://www.tokenexus.com/okex-exchange-review/ In order to deposit funds in your account, you first need to set up a free OkEx Wallet. Stop limit orders can be used to buy or sell at a specified limit point.

Bakkt says it is due to start test trading in bitcoin futures next month, while another US company, LedgerX, is also apparently making progress with regulators from the CFTC. However, physically settled bitcoin derivatives have been slow to arrive, largely due to concerns about managing the custody risk that is inherent in cryptocurrencies. However, there’s also a race to develop physical settlement mechanisms in cryptocurrency derivatives. All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices.

• OKEx breaks currencies down into different pricing tiers that vary based on trade volume and account holdings.
• It is a proof-of-work (PoW) mining protocol that supports popular digital assets like BTC, BCH, BSV (SHA256), ETH (Ethash), LTC (Scrypt), DASH (X11), and many others.
• Of course, you can also send cryptocurrencies from other cryptocurrency exchanges or wallet platforms.
• These provide multiple lists of cryptos based on turnover, market cap, changes in price and a list of new entries into the market.
• Although that has previously been the case for the crypto industry as a whole, regulators are beginning to take a tougher stance, which is why crypto derivatives trading is not available to UK traders.
• We’re constantly working to simplify the interface while still providing all the necessary features.
• So in large parts of the cryptocurrency derivatives market, default risk is not delegated to a CCP and (largely) forgotten.

This option will let you select the best deals for that cryptocurrency from a list of sellers. Note that there is a timeline for you to make the transfer if you select a particular seller you want to buy from. Once you make the transfer, select the “I have made the transfer” button to have your funds credited to your account. OkEx has a 24-hour withdrawal policy for all cryptocurrencies, tokens and fiat.