OKCoin is one of China’s largest Bitcoin companies. Its Chinese Yuan Bitcoin exchange is one of the world’s largest, while its USD Bitcoin exchange is also one of the top three USD exchanges.
CNY Bitcoin Exchange
OKCoin’s CNY Bitcoin exchange is the global leader in Bitcoin exchange trading volume.
It is impossible to know for sure whether or not OKCoin’s volumes are fake. It is known, however, that OKCoin and other Chinese exchanges have no trading fees. This makes it easier for traders to create wash trades back and forth.
USD Bitcoin Exchange
OKCoin’s USD exchange trades about 8,000 bitcoins per day. Its futures, margin trading, and lending features make it popular among traders.
OKCoin once leased the Bitcoin.com domain name from Bitcoin entrepreneur Roger Ver. After an argument over payments and terms of the agreement, Ver took back control of the site.
Venture Capital Rounds
OKCoin: $10 million - First
16-Mar-2014 | Exchange
Investors: Ceyuan, Mandra Capital, VenturesLab, PreAngel, Individual Investors
OKCoin: $1 million - Seed
4-Sep-2013 | Exchange
Investors: Ventures Lab