Is what I bought on Ouyiokex mine?

Yes, the cryptocurrencies purchased on exchanges such as OKEx are owned by individuals and you have full rights of disposal, including holding, trading and transfer. However, please note that the exchange is the custodian of the assets and if a hacker attack or bankruptcy occurs, the security of your assets may be affected.

Are the coins I bought on OKex mine?

Answer: Yes

Details:

The assets purchased on cryptocurrency exchanges such as okex belong to you personally and you can dispose of them. When you buy cryptocurrency on Ouex, the exchange deposits the asset into your account. You can hold, trade or transfer assets to your personal wallet.

According to the exchange rules, you have the following rights:

• Full ownership of the cryptocurrency you purchase.
• Freedom to control your assets, including buying, selling, transferring and holding.
• Access your transaction history and asset balance.
• If an exchange violates its terms of service, you are entitled to compensation.

It should be noted that:

• Centralized exchanges such as okex have custody of your assets. This means they are responsible for the custody and security of the assets.
• If the exchange is hacked or goes bankrupt, your assets may be affected.
• To ensure the safety of your assets, it is recommended that you store them in a personal wallet and keep your exchange account secure.

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