Is OKCoin exchange legal?

Legitimacy and Global Ranking of OKCoin Exchange

Is OKCoin legit?

Yes, OKCoin is a legal cryptocurrency exchange, licensed and regulated in multiple jurisdictions. It complies with anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations to ensure the platform is safe and secure.

OKCoin’s global ranking?

As of February 2023, OKCoin ranks 22nd among global cryptocurrency exchanges, according to CoinMarketCap.

Detailed Description

Founded in 2013, OKCoin is one of the oldest exchanges in the cryptocurrency industry. It is recognized for its reliability and security, has a strong team and advanced technical infrastructure.

OKCoin has multiple offices around the world, including Hong Kong, Singapore, South Korea and the United States. It offers a wide range of cryptocurrency trading pairs, including Bitcoin, Ethereum, Litecoin, and Ripple. The exchange also offers a range of derivatives products such as futures and perpetual contracts.

When it comes to security, OKCoin employs multiple layers of security including two-factor authentication, cold storage, and distributed denial-of-service (DDoS) protection. The exchange also conducts regular security audits to ensure the integrity of its platform.

Overall, OKCoin is a legitimate and well-known cryptocurrency exchange that ranks high in the world. It offers a variety of trading options and has a good track record when it comes to security.

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