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Title: Do you use OkCoin futures? Post by: grigorescua87 on June 23, 2015, 10:57:37 PM If yes, what do you think about them?
Title: Re: Do you use OkCoin futures? Post by: Valanor on June 24, 2015, 09:22:13 PM If yes, what do you think about them? maybe yes, biggest bitcoin and litecoin market in world that 1 reason for me to use it, but im more comfortable use huobi, high volume too and 0% fee trading :) Title: Re: Do you use OkCoin futures? Post by: CryptoTrout on June 24, 2015, 11:48:38 PM Yes I love okcoin, but I haven't been trading futures recently. The market is too stagnant & unpredictable for my taste right now, but I have had a great experience on their platform and will use it again in the future.
Title: Re: Do you use OkCoin futures? Post by: JerryCurlzzz on June 25, 2015, 12:46:47 AM If yes, what do you think about them? I used to. My primary trading was done at 10x futures. However, with all the rumors surrounding Okcoin (bad security protocols, front running their customers, making the market with un-backed accounts) I moved my funds elsewhere. Sticking to BTC-E, Bitfinex, and Coinbase. But I do miss the low/no fees. Title: Re: Do you use OkCoin futures? Post by: Amph on June 25, 2015, 06:13:45 AM not too much i prefer to trade bitcoin, in another way, with stock and commodities, by closing or opening position, i can have a better control over the market, and there is more fluctuation, thus you're not forced to do leverage
Title: Re: Do you use OkCoin futures? Post by: AceWallen on June 26, 2015, 12:13:19 AM I used to. My primary trading was done at 10x futures. However, with all the rumors surrounding Okcoin (bad security protocols, front running their customers, making the market with un-backed accounts) I moved my funds elsewhere. I have asked them to do a proof of reserves and publish balances managed by them - really hoping they are doing it. the thing is, how much trust can you put into that? there was a reddit thread recently where the former CTO stated that Okcoin gamed the audit. here's the link: https://www.reddit.com/r/Bitcoin/comments/37tm1b/czs_statement_regarding_the_dispute_between/ Quote I can confirm OKCoin removed a number of accounts (used by OKCoin bots) to pass the Proof-of-Reserve audit in Aug 2014. In essence, these bots trade on fractional (or fictional) reserves. Stephan Thomas was lied to during the audit. This is an unfortunate limitation of the proof-of-reserves method. Title: Re: Do you use OkCoin futures? Post by: AccountTrader on June 26, 2015, 12:19:04 AM I used to, but I gave it up about 5 months ago. The woodchipper took me for 7 btc and my lesson was learnt.
Moved on and never going to look back. Title: Re: Do you use OkCoin futures? Post by: chriswen on June 26, 2015, 02:34:49 AM Yeah just watch out for the woodchipper, you have to respect it.
Title: Re: Do you use OkCoin futures? Post by: Valanor on June 26, 2015, 04:06:42 AM If yes, what do you think about them? I used to. My primary trading was done at 10x futures. However, with all the rumors surrounding Okcoin (bad security protocols, front running their customers, making the market with un-backed accounts) I moved my funds elsewhere. Sticking to BTC-E, Bitfinex, and Coinbase. But I do miss the low/no fees. You can try HUOBI to lternative market, if you comfortable with Okcoin, Huobi will be comfortable too... and you must remember we can trade without fee on HUOBI and low interest Loan Title: Re: Do you use OkCoin futures? Post by: noel57 on July 08, 2015, 10:39:50 PM If yes, what do you think about them? No but what is really special about them?Title: Re: Do you use OkCoin futures? Post by: chriswen on July 09, 2015, 12:55:55 AM If yes, what do you think about them? No but what is really special about them?Okcoin has the most liquidity compared to the other future platforms. You can use up to 20x leverage. It's really where you want to be trading futures. Title: Re: Do you use OkCoin futures? Post by: bt62567 on July 11, 2015, 01:25:03 PM If yes, what do you think about them? No but what is really special about them?Okcoin has the most liquidity compared to the other future platforms. You can use up to 20x leverage. It's really where you want to be trading futures. Well they don't really have a platform, just an exchange, with trading through the website. If you don't have custom software platform for trading then trading with 10 x or 20 x is somewhat asking for problems. Title: Re: Do you use OkCoin futures? Post by: lottery248 on July 11, 2015, 02:18:02 PM no, because i ain't a high trader.
i can only buy bitcoin via ATM for now. OKcoin is useless for me. that negative feedback is eternal, i was utterly lost every ability. :'( |