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Unfortunately, OKCoin is not an exchange we can recommend using. We have referred users to the OKCoin exchange and OKCoin has refused to honor sign up bonuses and referral rewards.
Their referral page clearly stated the sign up requirements, which users like you followed in good faith. But OKCoin says there are additional requirements, which they have hidden in their Terms and Conditions pages.
OKCoin has taken a hard stance to withhold these users sign up referral bonus. Ultimately, OKCoin is misrepresenting the terms of the program to avoid paying out sign up bonuses for OkCoin referral codes. So if you are reading this page because you're looking for an OKCoin referral code, you should really consider a trustworthy exchange.
And you don't have to just take our word for it. Many people have had issues trading on the OkCoin exchange and posted about it publicly on the internet. Here are a few snippets to give you an idea.
With over 1,300 reviews on TrustPilot, 19% of reviewers give OkCoin the worst rating possible: "BAD". And another 10% believe it's poor, or just average. That's almost 1/3 of reviewers who believe OKCoin is average or worse. Pretty bad results. Would you really trust a company like this with your money? You can see the latest OKcoin reviews and complaints on TrustPilot.
OKcoin doesn't really offer customer service. They have one of those frustrating chat bots that doesn't actually help you. This has led many users to post publicly on services like reddit to voice their complaints.
Below are some of the most recent problems. Many people have had issues withdrawing tokens, and some users accounts have being fully suspended without notice or reason, locking up their funds for an indefinite amount of time.
2022 has been a tough year for crypto. LUNA/UST went to zero. Both Celsius (a crypto bank) and Voyager (a crypto exchange) have both declared bankruptcy due to insolvency. This was largely due to 3 Arrows Capital over-leveraging itself without proper collateralization.
People just like you have lost huge sums of money because of the big players gambling with your money, behind the scenes. Be careful who you trust your crypto to. You don't want to be one of those people who lost everything to untrustworthy businesses.
While they are a "legitimate" business, they are not trustworthy. 19% of reviews on TrustPilot are rated "BAD". And there are numerous complaints online with regards to accounts being suspended without notice, funds being locked, rewards not being honored, and withdrawals being stuck indefinitely.
You would be smart to avoid trading on OkCoin, and choose a more reputable crypto exchange.