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December 20 2018

OKEx Launches Instant Messaging Service for OTC Trading

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OKEx, a Malta-based world-leading digital asset exchange, launched an instant messaging service on its over-the-counter trading platform, which allows users to post orders where they state exchange rate and payment methods for buying or selling Virtual Financial Assets. The launch of the instant messaging service would help to establish better communications between buyers and sellers.

The instant messaging feature allows traders to send and receive messages in real-time with the counter-party at OKEx.com and OKEx’s mobile application, which is available for iOS and Android operating systems, further streamlining the whole trading process. By enabling push notifications, traders will be alerted immediately through their mobile devices once receiving any messages or updates.

OKEx’s OTC (over-the-counter) trading platform has been allowing users to post orders to buy or sell Virtual Financial Assets (“VFAs”), such as Bitcoin and Ethereum, with fiat currency. Users can buy or sell VFAs anywhere, anytime on OKEx’s OTC platform, without the need of meeting the counter-party in person to avoid any related risks.

To guarantee high liquidity on the platform, Designated Merchant program is introduced by OKEx. Users meeting certain requirements such as KYC level 3, over 90% transaction completion rate can apply to be a designated merchant, facilitating liquidity of the platform and also enjoying privileges like dedicated customer support at the same time.

OKEx’s OTC trading platform is now facilitating the trades using the fiat currencies Vietnamese Dong (VND) and China Renminbi (CNY). More currencies are expected to be available in the next few months. Currently, the trades at OKEx OTC trading platform are fee-free.

For more information about OTC trading, please visit here.

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