Globally revered American investor, hedge fund manager, and philanthropist Paul Tudor Jones once said; “The secret to being successful from a trading perspective is to have an indefatigable, an undying and unquenchable thirst for information and knowledge.” With regard to the trailblazing, and at times nefarious, melting pot of distributed ledger technology that has birthed over 1565 coins, there could be no better advice to apply when trading relatively volatile assets like Bitcoin that tech investor Tim Draper predicts will reach $250,000 by 2022.
But when it comes to an unregulated industry filled with speculation and self-proclaimed thought leaders, how can we truly know whether the advertised strategies and information are worth their weight in digital gold?
Given that most of the financial “advice” offered by equity analysts, by any range of advisers, and media platforms should always be taken with a grain of salt - through objective analysis of tokens and exchanges, as traders and investors we can develop a more balanced and informed perspective on how to rise above the noise and see what is, more often than not, hiding in plain site.
Therefore understanding, analyzing and being continually informed as per the dynamics and advantages of more prominent exchanges, like OKEx, that form the primordial backbone of cryptocurrency industry could be one of the best places to start.
To provide context, OKEx delivers hundreds of token & futures trading pairs to help traders to optimize their strategy. With investment support from leading enterprises such as VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Giant Network Group, and many others, their solid foundation has drawn experts in technology and business from the world’s top organizations, allowing safe, stable and reliable trading services through internet and mobile solutions.
As referenced on the OKEx site, BTC futures trading has nearly $1.5B of volume daily and is widely recognized as the gold standard for the industry. OKEx aims to eliminate the barriers in bitcoin trading with its leading blockchain technology development ability, increase the efficiency of transactions across society, and eventually have a significant impact on customer experience. Just as what the mission of OKEx states, they strive to achieve something that changes the world and never stop to innovate and improve on customer experience.
OKEx offers more than 400 trading pairs, and among which, most are against the most well-known Bitcoin, Ethereum,or USDT to. Moreover, OKEx released its own token called OKB in April,2018, and features many sophisticated instruments for active and more experienced traders such as margin trading, future trading etc. With its over 20 million global users and $1.7 billion volume daily, OKEx exchange lives up to the rank as the top cryptocurrency exchange measured by both trading volume and market share which is reported by Live Coin Watch in May, 2018.
Where OKEX eloquently distinguishes itself from alternate trading exchanges is through its specialty in Bitcoin and Litecoin futures. To support this distinction, users are only able to achieve 3x profit with regular trading methods, while they can achieve up to 20x with futures on the platform. Alongside this, and to cater for a burgeoning and diverse market, OKEx is user-friendly enough to accommodate both iOS and Android devices. From my experience, this standalone cryptocurrency platform provides its users with an excellent and easy-to-follow platform that provides multiple monitor support and is systematically secured with bank-level SSL encryption.
OKEx provides an excellent opportunity for enthusiasts or professionals to dive into the world of futures contracts with minimal fees, highly security guarantee for digital assets, and high liquidity. The highest maker fee is set at 0,15% while the taker fee reaches only 0,2% in spot trading. Should you have any concerns or queries, OKEx has a 24/7 live chat support dedicated to helping people solve problems in the most effective and friendly manner. OKEx also stores entry private key paper documents under the strict supervision of constant monitoring and security.