Quote from: Golstrim on July 25, 2019, 07:14:16 PM

Guys, I switched from trading on Bitmex to Okex.
I know that most of you use bitmex as the only crypto exchange for margin trading, but I prefer Okex. To be honest I've been trading futures on Okex even before I got registered on Bitmex.

Advantages:
-there aren't overloads,
-there are more trading pairs,
-smaller fees (on Bitmex fees are incredible, especially on withdrawal and if you have small balance , withdrawal fee is getting major part of your deposit)
-on Okex you can withdraw funds immediately unlike bitmex (once a day)
-UI and number of chart analysis instruments on Okex is more attractive for me
-price tick is smaller on Okex 0.1$ vs 0.5$ for bitcoin. Sometimes I think that price on bitmex isn't moving.
- mobile application. I have access to trading terminal 24/7 with mobile app on Okex
- sms notifications when you margin maintenance is in the risk zone. It prevents liquidation, they take care about your risks.

I NEVER experienced freeze at the moment of fast movement. This is the most important thing. What is more I think that Bitmex is hunting on stop losses of huge whales, so Okex is a diversification for you and the way to avoid being a victim of liquidation wave (spikes are stronger on bitmex)

Disadvantages:
Regarding their product.
They have introduced perpetual swaps recently, product is a bit raw, because there aren't stop losses, but I had a talk with support and they promised to deliver this feature asap. So I think after adding stop losses they can compete with bitmex. Personally I don't care about it, because I use futures due to absence of funding rate and I don't want to pay extra fee daily for borrowing assets.

If you have any questions about derivatives or Okex features, I am ready to help.

So what do you think?

[mod note: removed referral link spam]

I would not so categorically make a choice in favor of a particular exchanger. There are no universal solutions and for each situation you need to choose the most profitable exchange at the moment. I prefer to use bitmex and okex. It all depends on my goals at the moment. If you still want to choose one of them, then I recommend reading reviews about them: https://revain.org/exchanges/bitmex and https://revain.org/exchanges/okex