OKCoin Now Offers P2P Lending to International Users
OKCoin.com, the international arm of China's OKCoin, has introduced a peer-to-peer (P2P) lending system it says will increase liquidity on its spot market and provide low-risk interest returns for users willing to loan their coins to traders. It is the first time all OKCoin's users around the world will have the opportunity to access the lending feature. Traders can choose loans at their preferred interest rates, and are offered 2.2x to 3x leverage depending on their 'VIP level'. OKCoin has previously deployed the lending system on its Chinese OKCoin.cn site, and says there has been a....
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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 largest bitcoin exchange in China at the moment - OKCoin - has announced on Friday the release of peer-to-peer margin trading features in a move that hopes to keep business running strong. According to the announcement, the exchange is now allowing for borrowing and lending in addition to two new interest-yielding investment funds dubbed the 'OK Standard Fund' and the 'OK VIP Fund'. OKCoin's p2p lending market allows users to take advantage of up to 3x leverage at an interest rate and loan duration of their choice. Meanwhile, users can earn interest on their idle funds by lending to....
OKCoin, China's largest Bitcoin exchange and one of the world's largest digital currency exchange by volume, funding, users, and page views, announced today the launch of a new Margin Trading feature through Peer to Peer (P2P) lending. OKCoin's users will now be able to borrow and lend bitcoins and fiat as well as invest in two new interest yielding funds, the "OK Standard Fund" and the "OK VIP Fund." From today, traders will be able to borrow up to 3 times their capital or lend their funds for an interest rate and loan duration of their choice without any risk as the exchange guarantees....
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi. Singapore-based crypto lending platform Hodlnaut will partner with United States crypto exchange Okcoin in an effort to drive adoption and crypto transactions among users.In a Wednesday announcement, Hodlnaut said the partnership would allow its users and those on Okcoin to purchase cryptocurrencies and earn rewards on their holdings. The lending platform said Singapore-based users already use Okcoin as a fiat on-ramp solution to go from the....
Chinese bitcoin exchange OKCoin released their full-screen trading interface today. According to the bitcoin exchange, the interface was designed for futures as well as the new addition of person. -to-person lending. The full-screen view is reminiscent of what someone is watching candles on BitcoinWisdom might be accustomed to, but allows for direct trades on OKCoin. To the non-trader, the charts, graphs and order books might look a bit overcrowded as the bitcoin exchange fits all market information into their interface for a single glance looks. But to the trader who's been in the game....