What does the OKEX platform do

What does the OKEX platform do? Editor’s note: This article is based on authorized reprints by the Daily Planet OKEX is one of the world’s first digital asset exchanges. According to the announcement, OKEx’s trading platform consists of three types of tokens: OKC, HT, and BTT; At the same time, services such as “recharge&withdrawal” and “wealth management products” have also been launched. In addition, the platform is also developing a compliant product – Decentralized Perpetual Contract Trading (DEX). According to the announcement, the OKCoin platform is operated by OKCoin as the main body, providing a one-stop trading solution for spot trading and derivative trading At present, Okex’s business is mainly divided into four stages: the first round is to provide users with leveraged long short contracts and option trading, and the second round is to conduct futures market trading for professional investors; The third is also dedicated to the trading of perpetual contracts of OTC Cryptocurrency, and the fourth is a trading platform specialized in Bitcoin futures market

Since the current mainstream contracts in the market are priced at BTC prices, when the capital is not ideal, they often choose USDT or other Stablecoin to ensure their own income. However, in the future, the prices of these contracts may continue to rise, so for most investors, this strategy is still relatively reasonable If you want to participate in this track and have more friends join, you must have a certain level of strength, because they have sufficient risk tolerance and can bear a lot of risks, such as when there is not much profit support in high-risk situations. Secondly, a professional technical team is needed to help determine the safety and reliability of the project, otherwise it is easy to incur losses. For some ordinary retail or large investors, this situation may be difficult to achieve. Therefore, many white people believe that they cannot achieve this Another issue is that the platform itself is a project party, not a company. This means that it is not a company, just an entity operating a platform. Of course, there are many similar patterns on other platforms besides OKEx, but in reality, this is not the case. In fact, many project parties have already started laying out OKChain, and even released OKChain’s testing network in August last year. However, it was not until the official launch of the OKChain testing network at the beginning of this year that everyone realized that the platform had significant vulnerabilities. What we now call OKChain has not been truly applied to blockchain, but has innovated and implemented the technical characteristics of the underlying public chain Firstly, it is based on smart contracts. OKEx’s contract trading system is an automated transaction protocol running on a high-performance main network, using an order book approach without the need for any intermediary operations. Simply put, this is a simple transaction that you only need to pay a handling fee to complete. Then, you can use this wallet.

What does okex do

Okex is a very important platform for Cryptocurrency. Since its establishment, it has been providing Bitcoin spot trading services and various derivative products and services. But it is also a relatively unique company. Its founder, Li Qiwei, has been repeatedly reported by the media as a personal investment project. And his team is doing exchange business So, what is okex? Actually, many companies are aware of this matter, but they do not have any specific business models or actual service capabilities to carry out these operations. So their main responsibility is to make some products or exchange currencies directly with other users in their wallets, which means they won’t sell or manage these digital assets themselves. In addition, in order to solve this problem, we often find all the drawbacks of transactions such as Firecoin and OKEX. For example, because customers need to buy goods with virtual currencies such as Bitcoin, many users have low trust in it, which makes many people think it is not worth participating in the Cryptocurrency market Therefore, as a professional trading software manufacturer, they are not only focused on trading Bitcoin, but choose to buy and sell a certain digital currency in a simpler way to achieve profitability. If you want to achieve this, in addition to meeting some of the needs of investors, you may also use your own technological advantages, such as ensuring the safety of funds in terms of security.