Introduction to OKEx (Now Ouyi OKEx)
OKEx, recently rebranded as Ouyi OKEx, stands among the top global cryptocurrency exchanges with advanced trading features:
👉 Explore Ouyi OKEx's official platform
- 2021 trading volume increased by 15% compared to 2020
- Specializes in low-gas-fee transactions via exchange public chains
- Processes $60.05 billion daily spot trading volume (Binance ranks #1)
Core Trading Features
1. Account Management
- Unified Account System: Cross-margin support with auto-borrowing
- Zero-fee开户: Minimum 10元 (~$1.5) BTC purchases
- Security Protocols: Cold wallet isolation + multi-signature storage
2. Contract Trading
| Feature | Description |
|---|---|
| Perpetual Swaps | No expiry; USDT/USD settlement options |
| Mark Price | Calculates using spot index + basis rate moving average |
| Auto-Reduction | Partial position liquidation with frozen assets during process |
3. Order Types
- Post-Only: Maker-only orders (no taker fees)
- Iceberg Orders: Mask large orders to minimize market impact
- TWAP Algorithm: Time-weighted execution for large volumes
Key Improvements & 2024 Updates
- Brand Upgrade: Official adoption of Chinese name "欧易" (Ouyi)
- OKChain Mainnet: Launched Feb 2020 supporting DeFi projects
- BlockDream Fund: $100M initiative for Filecoin ecosystem
Fee Structure:
- Weekly BTC/ETH trading fee rebates
- OKB holders get double weight in incentive calculations
Security & Risk Control
- OTC Verification: AI-powered anti-fraud detection (亚秒级响应)
Liquidation Prevention:
- 10x leverage: Margin call at ≤10%
- Partial平仓 to avoid full position loss
- Historical Incidents: 435 BTC stolen in past (mechanisms upgraded)
FAQ Section
Q1: How to buy Bitcoin on Ouyi OKEx?
A: Complete KYC → Navigate to [Buy/Sell] → Select "BTC" → Choose payment method → 1-click purchase.
Q2: What makes OKEx's contracts unique?
A: Combines centralized liquidity with decentralized price stability via hybrid models like FLLSWAP.
Q3: How to withdraw to bank cards?
A: Supported in fiat zones; requires verified identity and linked bank account (T+1 processing).
Q4: Is OKB a good investment?
A: With 150% growth in 2021 and utility across OKChain, it's considered a long-term hold.
Q5: Why choose Ouyi over competitors?
A: Lower fees (0.08% maker), 24/7 Mandarin support, and institutional-grade custody.
Strategic Insights
- Market Position: Leads Chinese exchanges despite Binance's global dominance
Future Roadmap:
- Target: "100M global crypto holders"
- Expanding NFT/margin trading integrations
- Enhancing API for量化 traders