OKX is a cryptocurrency exchange which allows traders to trade with Bitcoins (BTC), Ethereum (ETH), Litecoin (LTC) and many other digital currencies in a simple and secure manner. The web-based exchange is headquartered in Beijing and the second branch is located in Hong-Kong. One of the best parts of this exchange is that it only takes a few minutes for a trader to get used to its simple interface. As it supports a wide range of popular digital currencies, it is suitable for beginners as well as experienced traders. The trading fee of the exchange is probably the lowest in the industry. The users are charged a fee of 0.03% for opening new trade position, but they are not charged any transaction fee for closing the trade transaction. The exchange supports various payment methods like cryptocurrency transfer, bank transfer, Alipay and WeChat Pay. OKX allows its users to start trading crypto-to-crypto by simply providing an email address and creating a password, but if the user intends to make fiat deposits, he will need to provide additional personal details. To ensure security, the exchange offers two-factor authentication, mobile verification codes for withdrawal, anti-phishing codes with every email from OKX. OKX stores its funds in cold wallet to avoid the hacking of the funds. It’s user-friendly interface makes it an excellent platform for trading.
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