About

OKEX is one of the most trusted digital asset exchange. It provides fiat to cryptocurrencycryptocurrency to cryptocurrency, and derivatives trading services. OKEx provides hundreds of token & futures trading pairs to help traders to optimize their strategy. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Our BTC futures trade has nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.

In February 2018, OKEX is the biggest crypto exchange with a daily value of $1.8 billion according to CoinMarketCap.

History

In December 2014, OKEX rented Bitcoin.com from Roger Ver to offer online infrastructure and services for local and international traders. The parties consented to use OKCoin as the domain name. OKEX was consequently required to pay Roger a US$10,000 (HK$77,557) monthly royalty. This agreement was agreed to run for a period of five years. [2]

In September 2016, Roger Ver was suing OKEX in Hong Kong High Court of forgery and unpaid royalties concerning the use of Bitcoin.com for 4.40 million HKD, approx. 567,000 USD. Roger Ver claimed that OKEX failed to honor their side of the agreement by declining to pay the monthly flow of revenue after 3 months into the five-year contract. Allegedly, they then forged a new contract and tried to enforce that. According to Ver, the contract contested by OKEX is a forgery. This forged version, includes a clause that gave the Hong Kong firm leeway to cancel the contract with a six-month notice. This tweaked contract, Ver claims, sees his digital signature copied and pasted into the document. [3]

On August 28, 2017, hackers attacked OKEX all victims have lost about six hundred Bitcoins in total, worth over 20 million Chinese yuan  (about three mln dollars). OKEx claims that the theft was performed by hackers, and it has nothing to do with the platform. The victims were directed to call the police by themselves. [4]

Mission

OKEx believes the blockchain technology will eliminate barriers to transactions, increase the efficiency of transactions across society, and eventually have a significant impact on the global economy. We strive to achieve something that changes the world and never stop to innovate and improve on our customer experience.