Forex currency trading forum.

We welcome you to the Forex forum, a networking community where you can discuss anything related to Forex. Whether you need information of Forex Brokers, Forex Software, Forex robots or other Currency Exchange services, we hope to help you make more pips!

Send money worldwide for € 0.50

Sponsored links

Latest topics

» Complete the process of trading
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptySat Aug 17, 2019 12:33 am by Anament

» Cryptocurrency Podcast
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyThu Aug 15, 2019 5:28 pm by David Young

» The talking points of Crypto industry
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyThu Aug 15, 2019 2:06 pm by David Young

» Love my broker
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyWed Aug 14, 2019 11:21 am by Anament

» NetCurrencyIndex – IEO at P2PB2B Exchange on 15th August 2019
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyTue Aug 13, 2019 10:29 pm by David Young

» Top News developments to track easily
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptySun Aug 04, 2019 11:34 pm by David Young

» Are Crypto Forums very important?
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptySun Aug 04, 2019 11:13 pm by David Young

» Most popular Crypto Channel or Group you know
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyThu Aug 01, 2019 12:14 am by David Young

» Easy place for Crypto lovers to learn through
Retail Investors Turning Off BitMEX and Flocking to OKEx EmptyThu Aug 01, 2019 12:09 am by David Young

Forex Search engine

Custom Search

Who is online?

In total there is 1 user online :: 0 Registered, 0 Hidden and 1 Guest

None


[ View the whole list ]


Most users ever online was 161 on Tue May 14, 2019 9:31 pm


    Retail Investors Turning Off BitMEX and Flocking to OKEx

    avatar
    David Young

    Posts : 131
    Join date : 2015-10-14

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  David Young on Mon Jul 29, 2019 4:13 pm

    Retail Investors Turning Off BitMEX and Flocking to OKEx KZjepkc

    Following a string of allegations of market manipulation, a system that actively trades against its customers, and a history of liquidating the assets of people new to the cryptocurrency game, more and more retail investors are increasingly turning off BitMEX and switching to OKEx.

    Retail investors are often completely new to cryptocurrency and trading, with no prior experience, which makes BitMEX’s platform – designed for high-frequency traders (HFTs) – a risky proposition as the place to make your first trade.

    BitMEX has gained a reputation for being a tough prospect for newbie traders to crack. Losing money on the platform – getting ‘rekt’ – has even become an in joke in the cryptocurrency community and spawned an army of memes.

    Now, OKEx is finding that increasingly new traders are choosing its platform to invest in. With millions of users globally, the exchange – based out of Malta – is rated as the biggest in the world by trading volume, according to Coinmarketcap.

    A spokesperson for OKEx said they were happy to keep providing customers with an easy to use system that gave them the flexibility they needed.

    “There’s plenty of reasons to use OKEx over BitMEX or any other exchange,” they said.

    “We offer a better ecosystem than BitMEX, have great liquidity across bitcoin and other digital assets, and allow our customers to withdraw their assets whenever they want. At BitMEX you can only make one withdrawal per day.

    “We want to keep providing our customers with access to a platform that caters to all their trading needs. Of course, if you’re new to trading you should make sure you have a plan in place to mitigate risk and never invest more than you can afford to lose.”

    Investigation

    On July 19, it was reported that the United States Commodity Futures Trading Commission (CFTC) is investigating BitMEX, over allegations it broke the rules by allowing US customers to use the platform, which is not registered with them.

    Earlier this month there were rumors reported that BitMEX was behind the recent crash in the crypto market.

    During the crash, Bitcoin which had peaked at almost $14,000 per coin, plunged almost $4000 in value in the space of a few days, leading some influencers to speculate BitMEX could be behind the drop.

    Source of article: https://www.bitcoin-original.com/retail-investors-turning-off-bitmex-and-flocking-to-okex/
    avatar
    Master Mohan

    Posts : 33
    Join date : 2016-06-06

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Re: Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  Master Mohan on Mon Jul 29, 2019 4:29 pm

    I will be really looking at CFTC to do something and I am sure they will….

    BitMEX won’t be able to fool people for too long
    avatar
    Sylester

    Posts : 5
    Join date : 2016-08-25

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Re: Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  Sylester on Mon Jul 29, 2019 6:25 pm

    OKEx is my choice without any second thoughts. They lead by handsome margin to do with outstanding features that they got!
    avatar
    Andrew Symonds

    Posts : 45
    Join date : 2016-07-31

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Re: Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  Andrew Symonds on Mon Jul 29, 2019 6:32 pm

    This is why you should only join reputed exchanges like OKEX instad of such ones like BitMEX, it’s creepy to see their activities.
    avatar
    David Young

    Posts : 131
    Join date : 2015-10-14

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Re: Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  David Young on Mon Jul 29, 2019 6:58 pm

    It's very clear that most people are indeed in favor of OKEx....

    Sponsored content

    Retail Investors Turning Off BitMEX and Flocking to OKEx Empty Re: Retail Investors Turning Off BitMEX and Flocking to OKEx

    Post  Sponsored content


      Current date/time is Mon Aug 19, 2019 9:52 am