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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.

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Ethereum (ETH) trading has come to Okcoin the same week BTCChina announced it would add Ethereum Classic (ETC).

Chinese Exchange Okcoin Adds Ethereum Trading, Calls For Bitcoin Consensus

2017-05-31T10:31:00+01:00

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The People’s Bank of China is reportedly preparing to issue major exchanges with an administrative “punishment.”

BTCChina, Huobi, OKCoin Face Administrative Punishment in China

2017-05-10T10:55:00+01:00

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Chinese exchange Okcoin has suspended inbound wire transfers as of Tuesday citing banking problems.

OKCoin Follows Bitfinex, Freezes Inbound Wire Transfers

2017-04-19T09:45:00+01:00

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Users of the Chinese exchange Okcoin will be subject to video verification once their deposit history reaches $10,000.

Bitcoin Exchange Okcoin Will Require User Video Verification For $10,000 + Deposits

2017-04-10T14:35:00+01:00

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Along with fellow exchange Huobi, Okcoin has announced it will video verify its users, cnLedger reports.

China: OKCoin Joins Huobi in Video Screening Traders

2017-03-28T18:22:00+01:00

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Chinese Bitcoin exchanges have begun to demand users to provide detailed information on the origin of their funds and how they intend to use the funds they acqu...

Chinese Bitcoin Exchanges Demand Users to Explain Sources of Funds

2017-03-21T18:15:00+00:00

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Many Bitcoin users think that Bitcoin operations in China are totally dependent on the PBoC. But most Bitcoin users in China carry out business as usual regardl...

China Bitcoin Exchanges: What “Withdrawal Suspension” Really Means for Users

2017-03-10T12:35:00+00:00

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OKCoin, one of the two bitcoin exchanges requested by PBoC to halt bitcoin withdrawals, is demonstrating progress in getting ready for relaunch.

Bitcoin Price Pushed by OKCoin Getting Ready for Relaunch, China Money Supply Increase

2017-03-01T11:10:00+00:00

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