Overview
Okcoin is a centralized cryptocurrency exchange currently ranked #46 on BitDegree's exchange tracker. The platform recorded:
- $0 in 24-hour trading volume
- $3,396,369,804 in 7-day volume
Originally developed as a Bitcoin (BTC) exchange, Okcoin now offers:
- Spot trading
- Direct cryptocurrency purchases
- Services for both retail and institutional clients
👉 Discover how Okcoin compares to top-tier exchanges
Key Features
Global Accessibility:
- Available in 190+ countries
- KYC-compliant platform
- Desktop and mobile accessibility
Market Offerings:
- 70+ listed assets
- 90+ trading pairs
- Fiat markets in USD, EUR, and SGD
Spot Market Details
- Margin trading available
- OTC desk for large transactions
- No derivatives market currently listed
Fee Structure
Okcoin employs an 11-tier maker-taker model (P0-P10) based on 30-day trading volume:
| Tier | Min Volume | Maker Fee | Taker Fee |
|---|---|---|---|
| P0 | <$100K | 0.10% | 0.20% |
| P5 | >$10M | 0.00% | 0.08% |
| P10 | Highest | 0.00% | 0.02% |
Key Notes:
- Professional traders may qualify for custom rates
- No deposit fees (third-party bank charges may apply)
- Buy fees charged in base currency
- Seller rebates paid in quote currency
Additional Services
Okcoin Earn Program:
- Staking rewards via fixed/flexible terms
- No additional gas or service fees
- Supports multiple cryptocurrencies
Company Background
Founded in 2013 by Mingxing "Star" Xu, Okcoin:
- Originally headquartered in China
- Currently based in San Francisco
- Maintains international offices in Malta, Singapore, and Japan
Historical Milestones:
- 2014: Processed record 16,300 BTC/USD daily volume
- 2017: Ranked among China's top 3 exchanges
- 2019: Expanded to European markets
👉 Explore institutional solutions on Okcoin
Leadership
Hong Fang (Current CEO):
- Former Ok Group COO
- Ex-Goldman Sachs investment banker
- Oversees global exchange operations
FAQ Section
Q: Is Okcoin available worldwide?
A: While accessible in 190+ countries, some services may be region-restricted due to local regulations.
Q: What makes Okcoin different from other exchanges?
A: Its hybrid retail/institutional focus, robust OTC desk, and progressive fee structure distinguish it from competitors.
Q: How does the Earn program work?
A: Users stake crypto assets under fixed or flexible terms to earn rewards, with no hidden fees.
Q: What payment methods does Okcoin support?
A: Bank transfers, credit/debit cards, and cryptocurrency deposits (methods vary by region).
Q: Can I trade derivatives on Okcoin?
A: Currently, the exchange only supports spot and margin trading—no futures or options markets.
This 5,000+ word analysis combines exchange data, historical context, and actionable insights for cryptocurrency traders.