Do you use OkCoin futures?

[grigorescua87]

If yes, what do you think about them?

[1714795458]

1714795458

[Valanor]

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

[CryptoTrout]

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.

[JerryCurlzzz]

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.

[Amph]

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

[AceWallen]

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/

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.

[AccountTrader]

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.

[chriswen]

Yeah just watch out for the woodchipper, you have to respect it.

[Valanor]

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

[noel57]

If yes, what do you think about them?

No but what is really special about them?

[chriswen]

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.

[bt62567]

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.

[lottery248]

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.