OKCoin Introduces Multiple Balances for Trading Flexibility
OKCoin yesterday added a new 'margin management' system to its recently launched Futures trading platform, allowing multiple margin balances for a trader's different positions. Margin management replaces a previous system which allowed only a single margin balance for all positions held. This meant that gains and losses of individual positions had the potential to impact each other by drawing on the same margin balance. An OKCoin representative said: "As a pioneer of crypto-futures trading, OKCoin has devoted time to refining its platform to accommodate the most sophisticated traders in....
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OKCoin has officially updated its mobile Android trading app to include futures trading and new candlestick charts. The new product launch brings features available on OKCoin.com to mobile app users, including 10x leverage on all trades, a profit calculator and bi-weekly, weekly, monthly and quarterly contract types. In an interview, OKCoin international marketing manager Zane Tackett indicated that the China-based company believes the product will appeal to serious traders who need the ability to manage their positions on-the-go and at all times. Tackett told CoinDesk: "It can be a....
OKCoin, a cryptocurrency exchange that offers trades between Bitcoin (BTC), Litecoin (LTC), US Dollar (USD), and Chinese Yuan (CNY), has added margin trading to its iOS and Android apps. “In our continued efforts to build the world’s best retail and institutional blockchain asset exchange, OKCoin has added margin trading to its iOS and Android Apps. OKCoin.cn CNY users can trade on up to 5x margin while OKCoin.com USD users can trade on up to 3.3x margin. Thanks for your feedback and continued support of OKCoin. We hope you like it!” added OKCoin in a statement. OKCoin released the....
The bitcoin trading platform OKCoin is currently down and has been for more than 12 hours according to a reddit user. When visiting OKCoin.com you will receive a Cloudflare error as seen below: There has been reports claiming that the servers OKCoin uses are undergoing Emergency Maintenance due to abnormalities caused by server interruptions. For more than eight hours ago OKCoin sent out a tweet saying their platform would be temporarily inaccessible. The tweet is now creating outrage among some of their followers. Let's hope the maintenance is over soon so OKCoin's clients can access....
OKCoin International Operations Manager Zane Tackett recently announced that he has resigned from the Bitcoin exchange due to misaligned opinions. "For the past year I've handled the majority of the community outreach for OKCoin and have interacted with this community as the OKCoin representative," he said in an informal post. "Unfortunately, due to a difference of opinions I have decided to resign from OKCoin." Tackett joined OKCoin in April 2014, a time when the Chinese exchange had just received funds around $US10 million and was planning to expand globally. He later became a prominent....
Today marks a special day: The first day that newcomer international Bitcoin exchange OKCoin.com has had a higher daily Bitcoin volume than all other exchanges. In the last 24 hours, OKCoin.com has transacted nearly 16,000 BTC, compared with Bitstamp's ~14,700 BTC and Bitfinex's ~15,100 BTC. OKCoin.com is the international arm of OKCoin. OKCoin also runs OKCoin.cn, a Chinese Bitcoin exchange that also has high volume CNY/BTC trading but does not charge fees (the Chinese norm). Whether or not OKCoin's lead in 24-hour Bitcoin volume will persist until tomorrow is anybody's guess. However, it....