Estimated Revenue and Valuation of OKEx
OKEx has established itself as a significant player in the digital asset exchange sector with:
- Annual Revenue: $6.9 million (estimated)
- Revenue per Employee: $117,000
- Employee Count: 59 (2% decline from the previous year)
👉 Discover how OKEx compares to top crypto exchanges
Key Competitors of OKEx
The cryptocurrency exchange market is highly competitive. Below is a comparison of OKEx against major rivals:
| Competitor | Revenue | Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
| Binance | $2.69B | 14,818 | 9% | N/A | N/A |
| Coinbase | $5.92B | 8,809 | 0% | $552.3M | $60.2B |
| OKEx | $6.9M | 59 | -2% | N/A | N/A |
| OKCoin | $68.3M | 420 | -18% | N/A | N/A |
| Gate.io | $180.4M | 774 | 2% | $1.86M | N/A |
👉 Explore alternatives to OKEx for trading digital assets
What Is OKEx?
OKEx is a globally recognized digital asset exchange offering:
- Spot and Derivatives Trading: Enables traders to optimize strategies.
- Security: Utilizes GSLB and distributed server clusters for a stable trading environment.
- Mission: To leverage blockchain technology for efficient global transactions.
Core Keywords: cryptocurrency exchange, OKEx competitors, digital asset trading
OKEx News and Industry Trends
- April 2022: OKEx was featured in a market analysis alongside Binance, Coinbase Pro, and Kraken (source).
Other Notable Crypto Companies in Seychelles
| Company | Revenue | Employees | Employee Growth | Funding |
|---|---|---|---|---|
| Flipster | $13.3M | 152 | 52% | N/A |
| Remitano | $35M | 245 | 8% | N/A |
| AAX | $91M | 560 | 47% | N/A |
FAQs About OKEx
1. How does OKEx compare to Binance?
- OKEx is smaller in revenue ($6.9M vs. Binance’s $2.69B) but focuses on niche derivatives trading.
2. Is OKEx a secure platform?
- Yes, OKEx employs distributed server clusters and GSLB for stability.
3. What are the top alternatives to OKEx?
- Binance, Coinbase, Gate.io, and Kraken lead the market.
4. Why has OKEx’s employee count declined?
- Market adjustments in 2022 led to a 2% reduction in staff.
5. Does OKEx offer derivatives trading?
- Yes, it provides advanced futures and options contracts.