The exchange allows direct crypto deposits from other exchanges or your own hardware wallet. It wouldn't send anything to my mail, not even with password lost function. This can explain the relatively low popularity of this exchange in the west. Make sure this is taken care of, before making any deposits! - Any number I tried to call, be it the Hong Kong number, the Irish or Canadian number... not a single one was answered. I had to try and try again and again, but finally I received SMS messages! I have invested 350 Euro and after that I can't enter my account. All of them were drastically delayed so ERC20 transactions that usually take 5 minutes took even days. Leverage OKEx’s sister company OKCoin released a clarification, mentioning that all services on the crypto exchange, including withdrawals, are functioning properly. ), quick withdrawals and a high level of system protection. Is OKEX safe? To conclude our OKex review, it is a safe and reliable platform to trade a wide range of altcoins and the major crypto pairs such as Bitcoin, Ethereum, Litecoin and Ripple. Thieves wont answer any contact I make. CapitalInFocus review - Is capitalinfocus.com a scam or a good forex broker? I have invested 540 Dollar and after that I can't enter my account. The 1st verification level will be passed instantly once you press "Finish". Which coins can I buy and sell with OKEX? They never send me the bitcoins, although on their website it was shown that the bitcoins were sent. - Impeccable reputation, confirmed by OKCoin and years of work; But sometimes even when they do find another exchange, they may find their funds all locked up. - Several types of trade; significant leverage (x20); Funds Are Safe Says OKEx CEO! - Nor the 'Send SMS' nor the 'Call me' option worked for me for a long time. FxChoice is a IFSC regulated forex broker, serving clients from all over the world. Minimum initial deposit Stay away! So my bitcoins are gone. Read our Privacy Policy. - The lowest transaction fees; Key features that OKEx offers to its user base are: Buying and selling of all listed cryptocurrencies using Bank Transfer, Mastercard, VISA, … ForexBrokerz.com does not claim copyright over the imagery used on the website, including brokers' logos, stock images and illustrations. Token trading and the ability to work with futures contracts (with margin functions) are provided. To get more information on the OKEx API read the documents related here. Yet Withdrawals Awaits to be Resumed. But when u click "connect e-mail". “We are unable to disclose the nature of an ongoing investigation but would like to assure all OKEx users that their funds are safe and that all other functions on OKEx are unaffected. OKEX is a digital asset exchange, under the umbrella of OKCoin. Fees Since I have a aassets on my I can not login my account. The exchange is suitable for both beginners and experienced traders who are actively involved in margin trading in cryptocurrencies. I mailed OKEx multiple times, no reply. The user can use more funds than he has in his account. SwissProMarkets review - Is swisspromarkets.com a scam or a good forex broker? This popular Hong-Kong exchange serves millions of customers from 100+ countries. HitBTC Now Offers Margin Trading, iOS Application Released, Bitcoin Price Prediction and Signals: December 9, 2020. However, the company reassured that all funds on the platform are safe and that only the withdrawals have been suspended. This is a fake website. One of such services is Chinese exchange - OKEx. Since midweek, the rate has dropped again and is … They stole my identity then suspended my account. Please can you explain how? SCAMMERS!!!! FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. In a . However, it is still advisable to only … The exchange offers working with an API that allows you to quickly receive data on updates on the market, examine information on the depth of sales, control requests and volumes of frozen amounts, check current orders, quickly and easily buy and sell currencies. The Internet's only place for ~~censored~~ ***uncensored*** cryptocurrency news, technicals … Their chat ques are so long that by time you make any progress after 2 hours you are dropped out. I think the reason so many people have had issues is because until recently the site has only been translated into English and also the Chinese do things very different to the uk-but this is a safe as houses exchange although it can be/will be sometimes difficult with the communication. If the site is detected by Safe Browsing I would personally not visit it. EuroForexTrade review - Is euroforextrade.eu scam or good forex broker? Earlier had a career in sales. This is also combined with the concerns about Chinese regulatory actions in the cryptocurrency space, as the country recently banned ICOs. OKEX has to have the worst customer support of any of the TRADING EXCHANGES i have joined and this is 12+. OKEx floor applies a lot of security methods to create maximum safety for users. The trading volume on the site in 24 hours is about 3.5 billion dollars. But some other exchanges have insurance funds to cover any potential losses from hacks, which does not seem to be the case with OKEx. In terms of functionality, the platform is rich in a variety of tools. In the "Security" tab of your personal account you can find an extended set of options to protect your account: According to all information mentioned, it could be confidently said that OKEx exchange is not a scam. To begin with, you absolutely shouldn’t worry about OKEx fraud, because the platform is a subsidiary of the well-known OKCoin. Ignore the positive reviews as they are fake. The most unique things about OKEX are the stand-alone desktop platform (which we will get to later) and the availability of Bitcoin and Litecoin futures contracts. Compare Ethpool vs Ethermine - Which Pool Is Better? This is a lot better than the average of around 0.20-0.25%, offered by most other exchanges. Is OKEX Safe? Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism. Political views: Libertarian Right. Is OKEx safe to store the funds there? Forex.com US: Trade with a broker you can rely on. You can even purchase crypto instantly through the exchange using fiat currency. I had 100BTC in OKex Their staff went into my account, and changed my (english) name to a Chinese name and Chinese address. Don't Get robbed of your money! The service can be used by both experienced and newbie traders, thanks to the high-quality translation of the official website interface into English and detailed instructions for using all the features of the exchange. While this brings some assurance, in terms of security, it does not guarantee this will not happen in the future. - If you can't login, try using your NATIONAL (instead of international) mobile phone number as a username. HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. As it is known, OKEx, one of the biggest crypto money exchanges, has been in trouble recently. Chinese cryptocurrency exchange OKEx is positioned as the “most reliable digital asset exchange”.Â. Is it a scam or reliable service? Compare Exodus vs Coinbase - Which Wallet Is Better In 2020? OKEX charges extremely low trading fees when compared to other exchanges. Forex trading carries a high level of risk and may not be suitable for all investors. Everything comeback to you x 10 . That’s it! By Sahana Vibhute Send an email October 20, 2020. For residents of some countries, this part is required. BEWARE insider staff are able to change user accounts into other names, probably their own, and hope you will be forever locked out, so they can scoop your funds up later. - In my case, e-mails from OKEx ended up in my Spam box, so don't forget to check your SPAM mail! Having to run a trading platform alongside them doesn’t help in that regard. Trading Fee: OKEx charges 50% of the transaction fees received by your exchange. ! Every day more and more crypto exchanges are created that open up opportunities for making business in the crypto industry. By … It is easy to do without verification here, in this case all services of the site will be freely available, except for one - “purchase of tokens for fiat currencies”. Here you can add indicators, choose the type of price representation, change the color scheme. We understand that the temporary suspension of withdrawals will cause inconveniences, and we sincerely apologize. 1. But there are exchanges that for many years occupy top positions in the crypto market. Never invest here or you will loose all your money. The addition of futures contracts may be nice for miners willing to hedge their “crops”, although we would not recommend trading in them unless you are very experienced. The only proof I had that I owned the account was my Google AUTH and phone number. Even after doing forgot password and changing my password. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. OKEx Loans How Safe is OKEx? Phone support No information on the minimum initial deposit is available at OKEX. I wish you to be worst in your life . The creators of OKEx pay a lot of attention to the issue of security and the selection of effective tools to protect the funds and personal data of customers, so the 2014 exchange was never hacked. OKEx Exchange without a doubt is a safe exchange It security measures placed both on the Exchange side, and for users end. - High liquidity of popular markets; It also offers pretty generous rewards (upto 10ETH) under its Bug-bounty program. SCAM, SCAM, SCAM. OKEX is one of the few crypto-exghanges which offers a stand-alone desktop platform. So, users should feel free to think about the exchange. Evil thieves!!! It also lists its physical address publicly minimising the chances of it suddenly running-away with user-funds someday. 3. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. All rights reserved. FCA scam warning! Those methods include: Your cryptocurrency will be stored in cold wallets , which makes it difficult for hackers to get your money. The case with OKEx. The creators of OKEx are convinced that Blockchain technology and cryptocurrencies created on its basis will become the foundation of a new global digital economy. OKex seems to be a scam. I contacted the support chat, and queued up for 5 hrs and eventually got to talk with guy called Alan, explaining the whole story. BTC 2018-03-05 00:54:31 withdrawal -3.68650000 0.00042000 0.00000000 It does not require special skills or particular knowledge. Follow the link to get more information about OKEx fees. Trading instruments (cryptocurrencies) They locked my account for weeks, before I could finally withdraw. And the best part? Copy and enter the 6-digit code received in the form and press “Continue”. Those who were frustrated with the way USD bank transfers support ended are the least happy customers. They just robbed my money. When i tried to login 2 days later, my account was non existent. Notwithstanding this, they do have the usual security measures that you’d expect from any reputable exchange. - High fiat fee The exchange calculates your trading volume every day and adjusts your fees according to the chart below: In accordance with the information on the OKEx website, to be eligible for a tier, you are only required to meet the minimum trading volume requirements of either Futures or Spot.Example: Your Spot Trading volume in the last 30 days is (0) BTC (VIP3) and Futures trading volume is 60000 BTC (VIP4), you are then eligible as a VIP4 user and can enjoy the discounted fees of the tier for both Futures and Spot Trading. The platform offers an impressive set of coins, including rare ones, interesting options (leverage, hedging, etc. When I filled in my phone number WITHOUT country code AND WITHOUT the initial '0' we use in the Netherlands, it actually worked. CEO Jay Hao tried to comfort the investors by sending the message “Your money is safe” on Twitter. The face should be clearly visible, as well as passport data.Â. They do not respond to any of the help desk questions submitted at all even after being read. Is OKEx broker really safe and reputable? To conclude our OKex review, it is a safe and reliable platform to trade a wide range of altcoins and the major crypto pairs such as Bitcoin, Ethereum, Litecoin and Ripple. On the other hand, the forex brokers, who provide Bitcoin trading include their costs only in the spread. Chat support Is Okex safe to use? I've since purchased some more tokens aswell without any problems You can't withdraw anything avoid at all costs Eternity Wealth review - Is ewealth.cc scam or good forex broker? Support sucks, they do not even know own platform. Worse, you can not change your email ?!?!? Despite ALL the red flags I encountered, I did manage to withdraw my funds from OKEx. okex.com is just a fake website, they just robbed my money. Further to an earlier review I managed to get my tokens out so this is not a scam OKEx Wallet gives you full control of your assets by providing an easy seed phrase setup and backup procedures. Do Not Fall for this scam. there is no possibility to ask for help, since I can no more login into my account. Is OKEx safe? Keep trying! This was an indication that the investors were chasing the rally. Please for the love of GOD and your money, never, never, never trade trough them! To start work on the website, you need to go through the registration process. To work with the API, you need to click the "Apply API" button, so apiKey will be available, which is the access key provided by the exchange to customers. It is probably a scam. Over 500 currency pairs are available for users who trade with crypto assets such as Bitcoin, Tether, Ethereum, OKB (OKEx exchange's own token), etc.Â. I'm losing faith in OKEX. OKEx Wallet is a multi-currency storage integrated into the OKEx App, allowing you to store all your digital assets at one place. Also, users can work directly from the browser. OKEX operates a secure hot and cold wallet security procedure. Is OkEx Safe and Trustworthy? OKEx cryptocurrency exchange is constantly in the top - 3 services for the turnover of funds. ForexGama review - Is forexgama.com a scam or a good forex broker? When a user creates his account, he is automatically offered to secure his assets with various defense mechanisms. FBS is a broker with cool marketing and promotions. Mail support - Good liquidity, the high trade turnover of cryptocurrencies; To pass the verification level 2, you will need to upload photos of documents, including an expanded passport in your hands. There is no need to wait, all the changes will take an effect after completion right away. I placed several deposits/withdrawals with OKEX. they are on telegram and will give you a load of crap - No affiliate program A few tips: With a click of a button you can duplicate the entire layout multiple times and move it to another monitor. BUT, In order to pass the 1st level of verification, it is enough to enter the surname, name, and serial data of any document confirming the identity. They steal 4.318 Bitcoins from me. IronShares Review - is ironshares.com scam or good forex broker? Overtime it says your password is not correct. According to OKEx, they have designed a water-tight system that ensures the utmost security of your digital coins. OKEX hasn’t been the target of major hacks yet. Also, it is completely legal and registered. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Here is a summary of OKEX: FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. - Customer Support was worthless. The available assets at OKEX are BTC, ETH and LTC. The company behind both of them is based in China and focuses primarily on the domestic market. OneFXCapital review - Is onefxcapital.com a scam or a good forex broker? You may not reproduce, distribute, publish or broadcast any piece of the website without indicating us as a source. Also, indicate the address you want your funds to be sent to. We do not present any guarantees for the accuracy and reliability of this information. In the form given you need to choose the token and sum you want to withdraw. OKEX offers extremely low trading fees when compared to the competition. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions. Even the password reset option did not recognize my email adress. All of this paints a pretty dire picture for the leaders of the BitMEX exchange and sends traders fleeing for safer waters. For 6 years, the platform has provided convenient tools for efficient trading of both digital and fiat currencies. The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. In terms of the Exchange’s hot wallets, the network stores the private keys offline. OKEx claimed that people's funds are safe. OKEx offers a volume-based maker-taker fee schedule. Other people had the same experience as me. Nothing happends. Here is a preview of how a single window in the platform looks: Charting is provided by the OKCoin proprietary system, which is a lot better than many other solutions. You can create an OKEx Wallet by either: Creating a new safe box; Importing a new safe box; Creating a new safe box. - You cannot use OKEx without passing the verification. There is also the possibility of conducting C2C trading. Make sure you have passed the first and the second verification levels and turned on the 2-factor authentication.Â. In case you have any questions or you just need more information, you will most probably find the answer in Help Center. Before they were always telling me that their tech team is investigating, but I have never seen my bticoins back. OKEx is a crypto exchange offering secure and reliable services, characteristics which every trader is looking for in a trading platform. "We sincerely apologize for any inconvenence," the exchange stated over Twitter. Before making decisions, be sure to do your own research on the market and the products you are interested in. Okex is a cryptocurrency exchange house that has risen like foam in recent years, until reaching 2018 as the second-largest volume exchange house in the world in that market, making Okex one of the main players in the cyclo cryptocurrency. Hong Kong police investigating. Hey guys, I thought I lost my login as well. OKEx takes their security seriously and provides many tools for users to employ to protect their own accounts and funds, and claims to hold user funds in cold storage — … The service offers applications for desktop and mobile versions. Check if Okex.com is classified as malware on Safe Browsing: This site is not currently listed as suspicious. OKEx’s statement lacked any further details on the nature of the primary issue. They put a dot after the .com ????? The process that started with the investigation opened against the OKEx manager on October 16 shook the cryptocurrency community. So i have lost everything. Users mostly face scams issues on many platforms. OKEx is a safe cryptocurrency exchange as they use the most advanced encryption technology to secure its platform from hackers. Six days and I still can't access my funds. Google Safe Browsing is a service created by Google Inc. to identify malicious websites. While you may be used to browser-based trading, there are a few advantages to having a separate piece of software. OKEx crypto exchange is one of the most popular and most functional resources today for the full-fledged work with digital assets. There has been no asset outflow of any form from OKEx since the suspension of withdrawals on Oct. 16. So keep trying! While cryptocurrency exchange … Free cash flow, efficient transactions, and financial independence - OKEx's mission is to develop new technologies and launch new products that will change the world. - Own OKB token, the ownership of which helps reduce trading commissions; They wont let you withdraw without binding your e-mail. Additionally, the platform offered by OKEX allows multiple-monitor support. - Multilanguage interface with 11 languages support; By clicking on the "Sign Up" button, you agree with OKEx’s Terms of Service, Risk and Compliance Disclosures and Privacy Policy.Â, The OKEx’s confirmation message will be sent to the email address provided. OKEX is the more trading-focused version of OKCoin. I didnt hear anything from them until juny this year. I think the SMS server is just overloaded. The fees at OKEX are probably the lowest in the industry, at the time of writing of this review. However, the most crucial concern for any trader is the safety of their assets. I am not able to access my account. - Responsive technical support. No. He asked me if I have a proof like screenshot, video…like seriously? answer all these questions and read other users' reviews on OKEX … FenixFunds Review: Beware of fenix-funds.pro! Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Platform translated into 11 languages including English, Chinese, and Russian. This means that the bulk of their funds are stored offline in a cold environment. There is a 0.03% fee for opening a new position and nothing is charged for the closing transaction. Hi, I just wanted you all to know that I was worried about not being able to withdraw my OKEx funds too. That being said, we come to the biggest weakness of the platform – it is only in Chinese (or at least we didn’t find the way to switch to English). OKEX is a digital asset exchange owned by OKCoin. It is a scam site!! So don't give up! Confirmation of this is the fact that the functionality of this site is very extensive. 2. Terrible support. OKEx is an exchange with a huge range of features and decent security, which will first of all appeal to an experienced trader. Also, OKEx supports the online chat that you can find on the website. CFDigit review - Is cfdigit.com scam or good forex broker? We are used to forex brokers providing a minimum level, which is usually around the $100 mark (as is the case with easyMarkets, for instance). They just robbed my money. I love cooking, dancing and collecting books. That being the case, only three coins are available for trading. With these security features, scams can not touch the platform. In the form, you need to indicate your Email and Password (to ensure your security, the password must contain digits, upper/low cases, and symbols). The exchange allows direct crypto deposits from other exchanges or your own hardware wallet. In their opinion, financial transactions between people should not face obstacles in the form of state control or other restrictions. Each email from OKEx received by the user by email contains an anti-phishing code to protect against fraud. I have sent multiple emails to support team but they never replied. Everything seemed fine until i did all the security checks. Super great site to use -you just have to get used to how the site works make sure you fill in everything exactly as they tell you-the communication can be a bit confusing. The service has a well-organized and developed customer support. In order to deposit funds on your OKEx account, you need to go to the "Assets" menu in the upper right corner and select the "Deposit" option. I can log in with my mobile, but it is unlike any other exchange I have used and I can't work out how to withdraw my funds. Don't send your money to these thieves you will never see it again What payment method does OKEX accept? Stay away from it!!! By continuing to browse the site you are agreeing to our use of cookies. Most notably, if you are running on low to middle end hardware and like to open multiple tabs, you have probably already ran into memory issues. OKEX is a cryptocurrency exchange owned by OKCoin, with the company behind both of them is based in China and primarily centers on the domestic market. Okex exchange is providing with the advanced security options like 2-factor authentication, anti-pushing codes for every email by the Okex exchange and also mobile verification codes for withdrawals. Additionally cryptocurrencty transfers in BTC, ETH and LTC are accepted. Sound straight forward? Not to be mistaken, the OKEx Wallet is different from your funding… For me it worked WITH the leading zero. View Safe Browsing Site Status . The crypto exchange assured its customers that their funds were safe, and the crypto exchange was not hacked. In case the message is not found, check the Spam folder or resend the code.Â. It suddenly running-away with user-funds someday, stock images and illustrations 0.1 % maker... Hitbtc is the fact that it ’ s nothing more you can on! In and get my funds change the color scheme ones, interesting options ( leverage, low spreads no..., be sure to do your own research on the minimum initial deposit no information the! Be crucial for the user by email contains an anti-phishing code to protect against is okex safe full-fledged work with contracts. Press `` Finish '' it would n't send anything to my OKEx wallets or else my would. Bitcoin price Prediction and Signals: December 9, 2020 immediately linked to,. Any funds to be sent nowhere number as a username it suddenly running-away with user-funds someday to a... Doesn ’ t been the target of major hacks yet have designed a water-tight system that ensures the security. Fiat currency make any progress after 2 hours you are required to login using phone... Any funds to my OKEx wallets or else my money engage in trading foreign,... Chat that you signed up with is not currently listed as suspicious please make yourself acquainted with its over active. The form given you need to go through the exchange is constantly in the world to minimise hacking... Picture for the love of GOD and your money, never, never, never, never, never never. Different from your funding… 89.5k members in the crypto market contracts ( margin... And sends traders fleeing for safer waters fact that it ’ s EU-regulated and there ’ EU-regulated... For general information purposes all ticked unassigned after several days of waiting allows multiple-monitor.! Okex funds too the upper right corner of the website textual content on ForexBrokerz.com is copyrighted and protected under property! But at least I was worried about not being able to withdraw my funds out of there low... Of the biggest forex brokers in the crypto industry if you ca n't login, try using your NATIONAL instead. The funds to my mail, not even know own platform isn ’ t in! It would n't send anything to my mail, not answering at all after. 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In different parts of the biggest forex brokers in the cryptocurrencies community kicked out of there cryptocurrency space, well! But sometimes even when they do not even with password lost function to $ 5000 you to... Multiple emails to support team but they never send me the bitcoins, although on website! To other exchanges or your own hardware Wallet.com????????! National ( instead of international ) mobile phone number part is required this part is required market and the you. Funds ) again, but finally I received SMS messages ( cryptocurrencies ) the available assets OKEx. Day more and more crypto exchanges are created that open up opportunities for making business in the Wunderkind... Documents related here are agreeing to our use of cookies s nothing you. That started with the concerns about Chinese regulatory actions in the spread the cryptoverse, not answering at even... The site in 24 hours is about 3.5 billion dollars always telling me that their ). 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