OKCoin or Coinbase? How to Choose the Best Exchange for You

Blenda Rosen
Blenda Rosen Crypto
3 Min Read

A cryptocurrency exchange has become an integral part of the digital asset market. However, buying and selling cryptocurrencies can be challenging. OKCoin and Coinbase are two of the most popular exchanges available, but which one is best for you?

Here, we will compare OKCoin and Coinbase based on critical factors to assist you in making an informed decision.

okcoin or coinbase? how to choose the best exchange for you 63


The fee structure is one of the most critical factors when selecting a cryptocurrency exchange, as it can significantly affect your profitability. Coinbase charges 1.49% for standard buy and sell transactions, while OKCoin charges 0.10% for makers and 0.20% for takers.

Over time, the lower fees offered by OKCoin can save you a significant amount of money if you plan to trade frequently.


Choosing a cryptocurrency exchange must also take into consideration security aspects. Coinbase and OKCoin provide robust security features, including two-factor authentication, SSL encryption, and cold storage for funds.

Coinbase has an excellent safety reputation, having never been hacked or compromised. OKCoin, on the other hand, suffered a hack in 2014 that resulted in the theft of over 4,000 bitcoins.

Supported Currencies

Another factor to consider is the number of cryptocurrencies an exchange supports. Coinbase supports a limited selection of cryptocurrencies but supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

The portfolio of digital assets offered by OKCoin is much broader, including Bitcoin, Ethereum, Ripple, and a wide variety of other coins.

OKCoin may be your better choice if you wish to trade several cryptocurrencies.

User Interface

You can significantly impact your trading experience through the user interface of an exchange. Coinbase is an excellent choice for beginners because of its straightforward and easy-to-use interface.

The trading platform offered by OKCoin is more sophisticated, featuring features such as margin trading and limit orders.

If you are an experienced trader searching for advanced features, OKCoin may be the better choice. A user-friendly interface, such as the one provided by Coinbase, may be more appropriate if you are new to trading.

Customer Support

Customer support is available on both Coinbase and OKCoin via email and telephone 24/7. Coinbase is known for providing more reliable and responsive customer service.


The decision between OKCoin and Coinbase ultimately comes down to the specific needs and objectives of the trader. OKCoin may be a better option if you seek lower fees and a more comprehensive range of cryptocurrencies.

Coinbase may be more suitable if you are new to trading and are looking for a user-friendly interface with solid security and customer service.

Share this Article
Blenda Rosen
By Blenda Rosen Financial Writer
Hi there! My name is Blenda, and I'm a Personal Finance and Markets Reporter at California/USA Today. I graduated from San Jose State University with degrees in Business Administration and International Business, and I'm a Certified Public Accountant (CPA) in California. My passion is creating personal finance content that resonates with my readers. I know from experience how daunting managing personal finances can be, and I aim to provide actionable advice that people can use to improve their financial situations. Whether it's budgeting, saving, investing, or retirement planning, I'm here to help my readers make informed decisions about their money. As a financial journalist, I'm always seeking to expand my knowledge and skills in the field. I'm particularly interested in areas like venture capital, startups, fintech, payment methods, and international banking. I believe that staying up-to-date on the latest developments in the industry is crucial to providing valuable insights to my readers.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *