Comparison of Okcoin vs Tradeogre [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Okcoin vs Tradeogre comparison!

Your expert: Alejandro Borja

okcoin

Okcoin

  • Threenvest valuation: 3,7/5
  • US legal: Yes
  • Security: High 4,6/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

tradeogre

Tradeogre

  • Threenvest valuation: 2,5/5
  • US legal: No
  • Security: Low 2/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

≈ 0,10%/0,20%

Earns

No

Customer service

4/5
0,20%

Fees

No

Earns

2/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.2 – Low fees with additional benefits for high-volume traders.
4.0 – Competitive fees with additional benefits for high-volume trading.

Level

≈ 0,10%/0,20%
0,20%

Brief explanation

Okcoin’s commission structure is designed to be competitive within the cryptocurrency exchange market, balancing affordability with the provision of quality services. The exchange operates with a tiered fee system where trading fees vary based on the user’s trading volume, incentivizing more active traders with lower fees. Transaction fees for buying and selling cryptocurrencies are generally in line with industry averages, though not the lowest available. While deposits are typically free, withdrawals incur a fee that varies depending on the currency being withdrawn and the method used, which ensures operational efficiency and security in fund transfers. This approach to commissions allows Okcoin to maintain a balance between accessibility for new traders and cost-effectiveness for high-volume traders.
TradeOgre operates with a straightforward commission structure that appeals to many users, especially those trading in smaller volumes or those new to the cryptocurrency world. The exchange primarily charges a flat trading fee of 0.2% per trade, which is relatively competitive and simple to understand. This fee applies uniformly across all trades, without differentiation between makers and takers, making it easier for users to calculate potential costs associated with their trading activities.

Okcoin

okcoin
Read okcoin review
  • Year Founded: Okcoin was established in 2013, demonstrating a long-standing presence in the cryptocurrency exchange market which underpins its reliability and experience.
  • Security Methods: Okcoin prioritizes user security with robust measures including SSL encryption, cold storage of assets, and two-factor authentication, ensuring a secure trading environment.
  • Possible Regulation: The platform adheres to regulatory standards in multiple jurisdictions, including the United States, which provides a framework of compliance and operational integrity.
  • Reputation and Reviews: Okcoin enjoys a solid reputation in the crypto community, underscored by generally positive reviews from users praising its user-friendly interface and reliable service.
  • Trading Volume and Liquidity: Okcoin offers substantial liquidity and trading volume, which ensures that users can execute trades efficiently and at the true market price, minimizing slippage and providing better trade executions.
  • Pros
  • Regulated in multiple jurisdictions.
  • User-friendly interface for beginners.
  • Strong commitment to security.
  • Cons
  • Limited advanced trading features.
  • Customer support response times vary.

Read okcoin review

Tradeogre

tradeogre
Read okcoin review
  • Security methods: TradeOgre offers basic security features such as 2-factor authentication (2FA), providing a fundamental level of security for user accounts against unauthorized access.
  • Trading volume and liquidity: While not comparable to larger exchanges, TradeOgre maintains a decent level of liquidity for its niche altcoin offerings, making it possible for users to execute trades relatively smoothly.
  • Reputation and Reviews: TradeOgre has cultivated a niche but loyal user base that appreciates its privacy-focused trading environment. Reviews often highlight the ease of trading and the diverse selection of altcoins.
  • Customer service: Despite limited resources, TradeOgre provides essential customer support that addresses critical issues, maintaining operational integrity for its users.
  • Withdrawal and deposit policies: TradeOgre supports a wide range of cryptocurrencies for deposit and withdrawal, allowing users flexibility in managing their crypto assets with straightforward policies.
  • Pros
  • Supports numerous altcoins
  • Simple user interface
  • No KYC requirements
  • Cons
  • Limited customer support
  • No fiat trading options

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Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

OKCoin USA Inc.
Unknown

Regulation

Regulated in the EE. UU.
Not regulated

Year founded

2013
2018

Founder

Star Xu
Unknown

Payment methods

Transfers

Yes
No

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Okcoin FEATURES Tradeogre
Okcoin allows for relatively low minimum trade volumes, making it accessible for beginners without requiring large initial investments.
Minimum Trade
TradeOgre allows for relatively low minimum trades, making it accessible for beginners or those looking to trade small amounts.
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
The platform is known for its low fee structure, which is competitive compared to many other crypto exchanges, enhancing its appeal to frequent traders.
While Okcoin supports all major cryptocurrencies, its selection of altcoins is somewhat limited compared to larger exchanges.
Number of Cryptocurrencies
TradeOgre excels in offering a wide variety of altcoins, including many that are not typically available on larger platforms, catering to niche market interests.
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
It supports a broad range of crypto-to-crypto trading pairs, giving users ample trading options and flexibility.
Okcoin provides clear information on fees and security practices, though details on corporate governance could be more comprehensive.
Website Transparency
While TradeOgre provides essential information, it could improve by offering more detailed insights about its operations and security measures.
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
TradeOgre focuses on cryptocurrency trading with a minimalist approach and does not provide additional financial products like an exchange card.
The exchange offers secure storage options with a majority of assets kept in cold storage, enhancing security for user funds.
Storage Offering
The exchange provides basic wallet functionalities but lacks more advanced storage options such as cold storage or insured wallets.
Currently, Okcoin has limited options for staking and rewards, which is an area ripe for development to enhance user returns.
Staking and Rewards
There are limited options for staking or earning rewards on investments, which could detract users looking for passive income opportunities.
Okcoin provides robust mobile and desktop platforms that are intuitive and user-friendly, suitable for traders of all experience levels.
Mobile App and Desktop
TradeOgre has a functional desktop platform, but the absence of a dedicated mobile app may hinder users who prefer trading on the go.
Customer service is available, but response times can vary. Improving responsiveness and support hours could boost user satisfaction.
Customer Service
Customer service is minimal and mostly limited to email support, which might not suffice during urgent issues or for less tech-savvy users.
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 straightforward but limited to cryptocurrencies, which might be a barrier for those looking to use fiat currencies.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
Low 2/5

Additional features

Margin trading, staking, Okcoin Earn, fiat on/off ramps
Margin trading, staking, TradeOgre Earn, fiat on/off ramps

Anonymity

No
Yes

Key points

Available cryptocurrencies

30+
100+

User-friendliness

Okcoin provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.
TradeOgre offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Delivers good value for money with low trading fees and a user-friendly interface, making it a cost-effective choice for traders.
Offers good value for money with competitive fees and a user-friendly platform, making it suitable for both beginners and experienced traders.

Countries of operation

United States, Canada, United Kingdom, Europe, Singapore
United States, Canada, United Kingdom, Australia, Germany

Best for

Best for traders seeking a user-friendly platform with low fees and a wide range of supported cryptocurrencies.
Suitable for both beginners and experienced traders seeking a user-friendly platform with competitive fees.

Base currencies available

USD, EUR, SGD, BTC
BTC

Account

Trading

OKCoin provides a secure platform with a good selection of cryptocurrencies and competitive fees. It offers advanced trading tools but can be complex for beginners.
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It has competitive fees but lower liquidity and lacks advanced trading tools.

Deposit and withdrawal

OKCoin supports a wide range of deposit and withdrawal methods, including bank transfers and crypto. Withdrawals are processed quickly, usually within a day, with competitive fees .
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It supports various deposit methods, and withdrawals are processed quickly with low fees.

Account opening process

OKCoin provides an easy and fast account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and usually completed within a day.
TradeOgre offers a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically completed within a day.

KYC required?

Yes
No

Customer Service

OKCoin provides comprehensive customer support through email, live chat, and a help center. Support is available 24/7, and the response times are quick, ensuring users get timely assistance.
TradeOgre offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

OKCoin offers extensive security features, including 2FA, encryption, and cold storage. It is regulated by several financial authorities, making it a highly secure platform for investors.
TradeOgre offers comprehensive security measures, including 2FA and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I recommend Okcoin for those new to cryptocurrency trading due to its user-friendly interface and robust security measures. While it offers a solid foundation for beginners with support for major cryptocurrencies and practical payment options, seasoned traders might find the range of tools and altcoin options somewhat limiting. If you’re starting out or primarily interested in major cryptocurrencies, Okcoin provides a reliable and secure platform to begin your trading journey.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an analyst at our site, I’d recommend TradeOgre for traders who are specifically interested in a diverse range of altcoins and prefer a platform that values user anonymity. While it’s great for exploring lesser-known cryptocurrencies, keep in mind that its minimal regulatory oversight and basic customer support could be a concern. If you’re comfortable with these aspects and prioritize privacy in your trading environment, TradeOgre could be a very suitable choice for your trading needs.

View all comparisons against Okcoin

View all comparisons against Tradeogre

How do we review crypto exchanges?

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.

Risk Disclaimer

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.

More comparatives Okcoin and Tradeogre