OKCoin News

OKCoin is a large Chinese exchange platform which works mainly using two currency pairs BTC/CNY and LTC/CNY. Initially, only Bitcoin was available on the platform, but now OKCoin works with other popular virtual currencies. The withdrawal of USD became available in 2014. The company was founded in 2011 by Xu Mingxing. At the beginning, the platform was available to operate only in China but the decision to spread OKCoin beyond Asia was made in order to support the Bitcoin community. However, the company has no intention of getting a license in the US. The main difficulty of working with OKCoin is the need for registration using a personal number which only Chinese citizens have. In terms of OKCoin’s price for making operations there is no fee for doing transactions in CNY except for a 0.1% commission for withdrawals.
Market Analysis
On March 12, Bitcoin futures traded 5.5% below regular spot exchanges, causing volatility in derivatives markets.
Bitcoin futures premium falls to lowest level in a year, triggering traders' alerts
Marcel Pechman
Altcoin Watch
The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks.
Stacks price plunges hard after rallying 70% in a day — More STX losses ahead?
Yashu Gola
With the hiring, Okcoin has many women in key leadership positions, including CEO Hong Fang as well as head of content and brand Mandy Campbell.
Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base
Turner Wright
The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at ...
Okcoin reports altcoins drove institutional interest in crypto for 2021
Turner Wright
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi.
US and Singapore companies collaborating: Okcoin partners with Hodlnaut
Turner Wright
Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States.
Stronger crypto regulations in US won't necessarily help prevent fraud, says Okcoin CCO
Turner Wright
MiamiCoin is not just a cryptocurrency, but rather a decentralized application that can function as a developer platform for cities.
Civic engagement and crypto: Miami unveils its own digital coin
Rachel Wolfson
CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans.
Okcoin secures regulatory approval in Malta and the Netherlands
Turner Wright

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