Our futures contracts are usdtmargined, or coinmargined. Okcoin stopped futures trading in 2017 and okex took over offering this service. What kinds of fees are involved in futures trading. They are nondeliverable futures which merely payout a profit based on the leverage you choose to use and the direction you pick long or short. Your trading fees are determined by trailing 30day volume. Account security open source 2factor authentication storage of funds.
We provide okcoin transaction fee service,okcoin margin interest rate, okcoin deposit and withdraw fee service,okcoin official website, okcoin is a. Okcoin publishes, then withdraws bitcoin exchange fee update one of chinas big three bitcoin exchanges issued an update on its fee policies today, only to later remove the statement from. Okcoin is a digital asset trading platform, established in 20 by star xu in beijing, china that offers fiat trading with. Okcoin futures order with 0 contracts in order book is. Okcoin trade volume, trade pairs, and info coingecko.
You can connect to us stocks, several futures data feeds, and several digital currency exchanges all at. Okcoin is one of the largest and most trusted fiattocrypto trading platforms in the world. Okex rolls back futures contracts after liquidations leave. Live price chart and market data for okcoin weekly btcusd futures market. Okcoin developer documentationen okcoin official website. The company has a structure similar to coinbase and gdax, one of the brands is focused on the needs of basic customers and the other on more serious traders. Founded in 20, okcoin offers advanced features for crypto beginners and highvolume traders alike. The fees at okex are among the lowest that can be found on the market. China exchange okcoin to launch bitcoin futures trading. Exchange fees for clearing and trading cme group products vary according to whether the customer has membership or incentive program participant status for the respective cme, cbot or nymexcomex exchange. The exchange offers five cryptocurrency pairs including ltccny and btccny. Okcoin is popular because of its cnybtc spot pair with margin trading run by the okcoin exchange china.
Clicking on the full screen button located directly above the order book will launch a. The biggest weakness of the trading platform is that it is only in chinese. If you hold bitcoin on the exchange you can trade with up to 20x leverage. The exchange also operates a usdbtc spot pair with margin trading and btcusd futures from its okcoin international division. Okcoin handelsvolym, handelspar och info coingecko. Binance us, ftx, okcoin are among the cheapest spot crypto. The market depth data is required if you use the depth of market ladder dom. The fee restructuring only applies to the spot market on okcoin. Okcoin is based in china and also has a second brand.
Trading fees are based on a sliding scale like many others, and it refers to the monthly volume. Okex does not charge any withdrawal or deposit fees. The largest mainland chinese exchanges offer extremely low or even 0% trading fees, which also attracts high frequency traders and. Futures account is used for futures trading and shows the assets of a user for futures trading. If you place a hidden order, you will always pay the taker fee. Okcoin raised several million dollars in initial investments from a variety of venture capital companies in china. Futures trading is an alternative investment that offers very high leverage for traders. The books homepage helps you explore earths biggest bookstore without ever leaving the comfort of your couch. Okcoin futures offers margin trading for bitcoin markets.
Trading fees are based on a sliding scale like many others, and it refers to. Maker fees are set to zero, while taker fees drop as the trading volume increases. The order book and tape are positioned on the right, and while the numbers may seem to be somewhat small, there presumably is an option to increase the font. Okcoin futures explained 20x leverage bitcoin futures at. Okex is a leading btc exchange with highly secure ssl encryption and cold storage etc for crypto trading. They do not charge fees for transactions in cny but take 0. Trading fees are on the international platform, okcoin. Okcoin publishes, then withdraws bitcoin exchange fee update. Okcoin is a promising platform with 0% fees, margin trading, margin futures, and more. We provide okcoin transaction fee service,okcoin margin interest rate,okcoin deposit and withdraw fee service,okcoin official website, okcoin is a. Maker fees are paid when you add liquidity to our order book by placing a limit order under the ticker price for buy and above the ticker price for sell. Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order of the order book note. How to trade bitcoin futures ultimate guide part 2 the. I believe okcoin futures is probably a rigged market where the order book.
The okcoin trading exchange provides api as well with great features such as market data, order book with information and history, trade execution and history, etc. Also, mining fees are not required for any transfers between okcoin and okex, and the transfers between the two platforms are instant. Okcoin also offers lower trading fees for the users on the platform that trade a. Okcoin is the largest bitcoin exchange in the world by volume with over 16 million bitcoins transacted per month. The fees are very low in the international market and unmatched in the chinese market. The basic fees involved in trading futures contracts are brokerage fees, clearing fees and settlement fees.
Okex trading fee okex futures fee okex perpetual swap. Bookmap connects to three different types of markets. Founded in 20, okcoin provides traders and institutions with a fiat. Either the matching engine changed someones order to 0 or the platform is generating false orders. We offer diverse fiattocrypto and tokentotoken pairings chosen with consumer utility and security in mind. This sections explains the fee details for the following.
One of the reasons for okcoin s success is their fee schedule. All volume is converted to usd using the exchange rate of the digital asset at the. Okcoin is based out of beijing, china and has fiat markets for usd and cny. Okex is the name of the more trading oriented solution while okcoin. Okcoin was the first to offer futures trading in the btcusd market and remains the largest in terms of liquidity. Bitmex, who in our view sets the bar for bitcoin futures trading, waives fees entirely for makers or even offers a fee rebate. Okcoin is one of the worlds first regulated digital asset exchanges, with millions of users in more than 100 countries around the world.
Here youll find current best sellers in books, new releases in books, deals in books. While the promotional rates have ended, we are continuing the makertaker model with the most competitive fees in the market. It is likely the most powerful of the more traditional exchanges, and offers fairly low fees to boot. Trading fees have a distinction of a maker fee or a taker fee. Okcoin was founded in 20 in china by star xu pictured, who is now its ceo. However, mining fees will be levied by miners for any withdrawals out of okcoin. The sites presented here use 100% bitcoin in the trade and settlement process, and have healthy liquid order books. Both offer the same functions but with different fiat currencies but cannot be.
Bitcoinmarkets submitted 3 years ago by btcvix so with a little more that 36 hours till okc futures settlement i wanted to go through past instances of socialized losses to try and get a ball park figure as far as what we are facing for a clawback percentage. Weekly btcusd futures okcoin live chart cryptowatch. Maker fees are paid when you add liquidity to our order book. Futures contracts of different underlying currencies have independent futures account,the yield and risk in each account are separately calculated. Okcoin was founded in 20 by chinese businessman start xu. If you only trade using the chart andor standard order ticket, top of book data is sufficient. Trading is either zero fee or a small fee depending on the traders trading activity in the last 30 days. Estimate on okcoin futures clawback this week self. Okcoin trade volume and market listings coinmarketcap. Instead it will be posted on the order book, allowing others to take the order. Trade and chart with live market data for weekly btcusd futures on okcoin within the cryptowatch trading terminal.
We have a list of countries that are not supported. The incident triggered massive liquidations, wiped out hundreds of contracts, and. Once the order is filled, maker will pay the maker fee and taker will pay the taker fee. Chinabased exchange that offers low, flat trading fees. Okex trading fee, okex futures trading fee, okex perpetual swap options trading fee. Okcoin for example charges one fee for opening a position and nothing for closing. The order book and tape are situated on the right side of the page. This is because they dont need to attract liquidity as they are the market leader in bitcoin futures. What is okcoin exchange okcoin trading okcoin fees. Okcoin transaction fee service okcoin margin interest rate. The cryptocurrency exchange is based out of beijing, china and was founded in 20.