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Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Okcoin | FEATURES | Pointpay |
|---|---|---|
|
Okcoin allows for relatively low minimum trade volumes, making it accessible for beginners without requiring large initial investments. |
Minimum Trade |
PointPay allows users to start trading with relatively low minimums, making it accessible for beginners. |
|
Okcoin’s fees are competitive within the industry, but they are not the lowest available, which could be improved to attract more users. |
Trading and Transaction Fees |
PointPay offers competitive trading fees which are lower than many other platforms, making it cost-effective for traders. |
|
While Okcoin supports all major cryptocurrencies, its selection of altcoins is somewhat limited compared to larger exchanges. |
Number of Cryptocurrencies |
While PointPay supports popular cryptocurrencies, its range is narrower compared to larger exchanges. More variety could enhance trading opportunities. |
|
The platform offers a decent range of crypto-to-crypto trading pairs, though it lacks the variety seen in more comprehensive exchanges. |
Crypto-to-Crypto Trading Pairs |
The platform provides several trading pairs, but the selection is less extensive than what is found on more established exchanges. |
|
Okcoin provides clear information on fees and security practices, though details on corporate governance could be more comprehensive. |
Website Transparency |
PointPay maintains high transparency regarding fees, services, and operational procedures, which helps built trust among users. |
|
While Okcoin provides a range of services to facilitate cryptocurrency trading and management, the absence of an exchange card means users may miss out on the convenience and benefits that such cards typically offer, like easy conversion of cryptocurrencies to fiat for everyday transactions. |
Credit/Debit Card |
This absence could be a significant drawback for users who seek the convenience of directly spending their crypto holdings in a traditional manner, such as through point-of-sale transactions or online shopping using a card linked directly to their cryptocurrency accounts. |
|
The exchange offers secure storage options with a majority of assets kept in cold storage, enhancing security for user funds. |
Storage Offering |
PointPay offers secure storage solutions, including a multi-currency wallet that supports various cryptocurrencies. |
|
Currently, Okcoin has limited options for staking and rewards, which is an area ripe for development to enhance user returns. |
Staking and Rewards |
The platform offers staking options, but the benefits and yields are less competitive compared to leading platforms focused on staking. |
|
Okcoin provides robust mobile and desktop platforms that are intuitive and user-friendly, suitable for traders of all experience levels. |
Mobile App and Desktop |
PointPay provides both mobile and desktop applications that are user-friendly and feature-rich, though some users may find the mobile app lacks certain advanced features. |
|
Customer service is available, but response times can vary. Improving responsiveness and support hours could boost user satisfaction. |
Customer Service |
PointPay has a responsive customer service team accessible through multiple channels, although response times can vary during peak times. |
|
Deposits and withdrawals are handled efficiently on Okcoin, with support for multiple payment methods, though some users seek faster processing times. |
Deposit and Withdraw |
Deposits and withdrawals are handled efficiently, but the options for fiat transactions are limited, which could be inconvenient for some users. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S