Compare Independent Reserve vs Okcoin

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On this page, you can compare Independent Reserve with Okcoin. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Independent Reserve was founded in 2013 in Australia. Okcoin was founded in 2013 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Independent Reserve is Centralized and Okcoin is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Independent Reserve has a mobile app available for iOS and Android. Okcoin has a mobile app available for iOS and Android.

Independent Reserve has 1 language available, which is English. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.

Company
User rating User rating 5 / 5 2 user reviews User rating 2.2 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.26 / 5 Trust Score 3.72 / 5

User rating

5 / 5 2 user reviews 2.2 / 5 5 user reviews

Cryptogeek rating

4 / 5 3.8 / 5

Trust Score

How it works
4.26 / 5 3.72 / 5

About

Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.

Founding Date

2013 2013

Country

Australia USA

Type

Centralized Centralized

Languages

English English, Portuguese, Spanish, Chinese

Mobile app

iOS, Android iOS, Android

Full address

Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085

Fees

Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html
About
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.
Founding Date Founding Date 2013 Founding Date 2013
Country Country Australia Country USA
Type Type Centralized Type Centralized
Languages Languages English Languages English, Portuguese, Spanish, Chinese
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com Full address Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085
Fees Fees Trade commission: As low as 0.1 %, see Trade Volume Discount section below
Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free
(smaller deposits incur a $0.99 processing fee)
Incorrect / Missing Reference: $20.00
SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free
(smaller deposits incur a $15.00 processing fee)
Cryptocurrency deposits: Free
Australian AUD withdrawals: Free
International or non-AUD withdrawals: $20.00
Bitcoin withdrawals: BTC 0.0002
Ether withdrawals: ETH 0.001
Bitcoin Cash withdrawals: BCH 0.0001
Litecoin withdrawals: LTC 0.001
Ripple withdrawals: XRP 0.15
Airbridge™ API: Free
Fees User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html

Trading

Independent Reserve trading volume is 1,042,835.0. The exchange has 27 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Okcoin trading volume is 2,556,040.0. The exchange has 34 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

1042835 2556040

Pairs

27 34

Coins

16 26

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

- -
Volume Volume 1042835 Volume 2556040
Pairs Pairs 27 Pairs 34
Coins Coins 16 Coins 26
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin - Margin -

Safety

Two factor authentication

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

www.independentreserve.com www.okcoin.com

Twitter

@indepreserve @OKcoin

Number of followers

3500 98700
Website Website www.independentreserve.com Website www.okcoin.com
Twitter Twitter @indepreserve Twitter @OKcoin
Number of followers Number of followers 3500 Number of followers 98700

Rating

User rating User rating 5 / 5 2 user reviews User rating 2.2 / 5 5 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 3.8 / 5

Cryptogeek summary

Independent Reserve user rating is 5, based on 2 user reviews. Okcoin user rating is 2.2, based on 5 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.26 / 5
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Trust Score: 3.72 / 5
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On this page, you can compare Independent Reserve with Okcoin. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Independent Reserve was founded in 2013 in Australia. Okcoin was founded in 2013 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Independent Reserve is Centralized and Okcoin is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Independent Reserve has a mobile app available for iOS and Android. Okcoin has a mobile app available for iOS and Android.

Independent Reserve has 1 language available, which is English. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.