OKCoin is a large Chinese exchanger, whose activity is based on 2 currency pairs (BTC/CNY and LTC/CNY). Xu Mingxing is the founder and CEO of OKCoin. In July 2014 OKCoin started accepting USD as a withdrawal currency.
Initially, the company handled transactions with Bitcoin only in China. Its decision to expand beyond the Asian market was sparked by a desire to help with the development of the international bitcoin community. But the company is not planning to obtain a US license, because its goal is to enter the international arena.
The registration process requires a valid copy of an ID (every Chinese citizen has a personal identification number), military ID, passport, entry permit to enter China (for Taiwan/Macao/Hong Kong nationals).
You can replenish your balance through online banking, credit cards, or electronic payment systems, such as Perfect Money, OKPAY, SafetyPay, or EgoPay. No fees for those using the chinese yuan. However, the exchanger takes 0.1% when you withdraw funds in this currency. No fees for trading operations. OKCoin does not charge anything if you withdraw funds in LTC or BTC. This platform supports the Chinese and English languages. There is also an affiliate program available.
OKCoin is a large Chinese exchanger, whose activity is based on 2 currency pairs (BTC/CNY and LTC/CNY). Xu Mingxing is the founder and CEO of OKCoin. In July 2014 OKCoin started accepting USD as a withdrawal currency.
Initially, the company handled transactions with Bitcoin only in China. Its decision to expand beyond the Asian market was sparked by a desire to help with the development of the international bitcoin community. But the company is not planning to obtain a US license, because its goal is to enter the international arena.
The registration process requires a valid copy of an ID (every Chinese citizen has a personal identification number), military ID, passport, entry permit to enter China (for Taiwan/Macao/Hong Kong nationals).
You can replenish your balance through online banking, credit cards, or electronic payment systems, such as Perfect Money, OKPAY, SafetyPay, or EgoPay. No fees for those using the chinese yuan. However, the exchanger takes 0.1% when you withdraw funds in this currency. No fees for trading operations. OKCoin does not charge anything if you withdraw funds in LTC or BTC. This platform supports the Chinese and English languages. There is also an affiliate program available.
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