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Okex alternatives: 4 cryptocurrency exchanges that offer trading features similar to Okex

okex

Okex is one of the biggest cryptocurrency exchanges with some of the best treading features but if you are looking for something better here is a list of best Okex alternatives.

Binance

binance

Binance is one of the biggest cryptocurrency exchanges in the world with over $1 billion in trading volume. The exchange has built an order matching engine that can handle over 1.4 million transactions per second and according to the company, it is one of the fastest exchanges in the world. Most of the cryptocurrency traders from all around the world trade using the binance application and right now traders from over 180 countries can use the application to trade-in.

Binance has its exchange token which can be used to trade in their cryptocurrency pairs. The exchange also has high liquidity which means traders don’t need to worry about liquidity issues while selling their cryptocurrency.

Trading fees

Binance has a different trading fee for traders with different volumes which is calculated on a 30-day trading volume. The maker and taker fees start with 0.1% for traders with a trading volume below 50 BTC and can go as low as 0.02% to 0.04% for traders with a monthly volume of 150,000 BTC. 

Check out these detailed charts before creating an account on Binance

My review

Binance is one of the best cryptocurrency exchanges in the world with a good team that comprises IT, customer support, marketing, management and many more.  Binance is a good Okex alternative as it is very secure and has trading pairs that are exclusive to the binance exchange. Binance has to be the in my list the top 5 Okex alternatives to trade your cryptocurrencies 

My rating: 5 out of 5 stars

ByBit

bybit

ByBit is a Singapore based cryptocurrency exchange that has billions in daily trading volume. Traders from all around the world choose due to its high liquidity and a trading platform which can handle over 100,000 transaction per second due to its highly technological advance order matching engine. 

Traders using ByBit do not have to get worried about hackers trying to steal their cryptocurrency as the exchange stores most of its cryptocurrency in a cold wallet. ByBit is a very good Okex alternative as it does not have much downtime and offers 100x leverage on perpetual Bitcoin contracts just like Okex. 

The customer support department is one of the best when compared to all other Okex alternatives as it has a 24/7 multilingual support team that takes care of all the queries sent by its users.

Click here to log in or sign upon ByBit

Trading fees

The exchange has maker fees and taker fees which has a different fee structure for spot trading and derivative trading. Check out this list below to know the entire fee structure in ByBit exchange.

bybit trading fees

My review

ByBit is a very secure exchange for traders who require high liquidity and a good Okex alternative exchange. The trading feature and derivative options make one of the best Okex alternatives 

My rating: 4.8 out of 5 stars

Huobi

Huobi

Huobi is a fully regulated exchange and also one of the oldest exchanges in the list of Okex alternatives. Huobi was founded in 2013 and the only publicly listed cryptocurrency exchanges in the list. The exchange has over $1 billion in trading volume which makes it an attractive option for cryptocurrency traders.  

Leon Li founded Huobi with a small team and since then has grown leap and bounds to become one of the biggest cryptocurrency exchanges in terms of daily trade volume. The exchange has some altcoins which are exclusive to its exchange making it a good alternative to Okex also and attractive to traders.

The exchange offers over the counter trade, fiat trading, spot trading, margin trading, and derivatives trading.

Click here to log in or sign upon Huobi

Trading fees

Just like all other exchanges in this list Huobi has different trading fees for traders with different trading volumes. The VIP traders with high monthly volumes have lower trading fees. Check out this list to know the entire list to know the trading fee on the basis of your monthly trading volume.

huobi fees ordinary user

My review

Huobi exchange is listed on the Hong Kong stock exchange which makes it legally compliant exchange. Huobi is one of the best Okex alternatives exchanges in this list. I have used the exchange and found it to be very reliable and when it comes to the legal issue the exchange complies with all the rules lied out by the government.

My rating: 5 out of 5 stars

Bitmex

bitmex

Bitmex is one of the biggest cryptocurrency derivatives exchanges in the world. It also has spot and margin trading but it is known for its derivative trading features. The exchange has a high volume for future and options which trading highly liquid. Bitmex is a good Okex alternative as it has 100x leverage on Bitcoin futures. The main reason why traders choose Bitmex is due to its daily trading volume of over $2.5 billion. The exchange keeps most of its funds in cold storage which makes a safe from hackers. Since its launch, Bitmex has not been hacked which makes it one of the best Okex alternatives.  

The founding team of the exchange has built an exchange which has grown leap and bounds in the years. Traders prefer using Bitmex for cryptocurrency derivative trading due to its high liquidity for big trades. 

Click here to log in or sign upon BitMEX

Trading fees

Just like all the Okex alternatives mentioned in this article Bitmex has a different fee structure with different trade volumes.  The list below would guide you to the trading fees on your volume.

bitmex trading fees 

My review

I have been using Bitmex for my derivative trading and it has not disappointed me so far. Bitmex is a good Okex alternative for derivative cryptocurrency trading and one of the biggest in terms and volume and user base. Bitmex needs to improve on its user experience and user interface which would get traders more engaged to its platform.

My rating: 4.5 out of 5 stars

Also Read: The best Binance alternative exchanges

Also Read: The best Bitmex alternative exchanges

 

About the author

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Joel Picardo

Joel Picardo has been in the startup space for the last 5 years and has worked with startups in the cryptocurrency and digital marketing industry. He founded GeekyMint along with his co-founder SafdarAli with a mission to provide well-reseached articles in the cryptocurrency, finance, technology, blockchain, software, and startup sector

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