80% of the 2016 Top Exchanges to be Replaced

In 2016, largest cryptocurrency exchanges were OKCoin (184th now), Btctrade (50th now) and Huobi (still at 3rd place)
30 May 2018   249

Over the past 2 years top cryptocurreny exchanges list have met big changes. The research was made by Bitcoin. com.

As of August 2016, according to the data of Coinmarketcap, the leading exchange for crypto-currency was Okcoin.cn with a 24-hour trading volume of $ 440 million. Today it occupies only 184 lines with a volume of $ 17,000. Then and now the main crypto-currencies on the exchange were bitcoin and Litecoin.

The second line in 2016 was occupied by Btctrade, with $ 218 million daily volume. At the moment, this exchange is on the 50th position with a volume of only $ 21 million. Today BTC and ETH is the most actively traded at the exchange.

2016 Top Exchanges List
2016 Top Exchanges List

From the first ten of 2016 only 2 exchanges were able to remain among the largest trading platforms: Huobi and Kraken. Huobi continues to hold the third position: during this time, its volume of trading increased from $ 165 million to $ 1.2 billion.

This is the list of the leading stock exchanges in the world for 2016 and today:

  1. Okcoin.cn (184 now). Today: Binance
  2. Btctrade (50 now). Today: OKEx
  3. Huobi. Today: Huobi
  4. CHBTC (closed). Today: Bitfinex
  5. BTCC (33 now). Today: Upbit
  6. Poloniex (26 now). Today: Bithumb
  7. BTC100 (closed). Today: HitBTC
  8. Btcbox (23 now). Today: Kraken
  9. Itbit (39 now). Today: GDAX
  10. Kraken. Today: Bibox

Thus, the rapid changes in the segment of the cryptocurrency are undergone not only by digital assets, but also by infrastructure elements, such as cryptocurrency exchanges. Among the most popular coins, as of 2016, included Maidsafe, Nxt, Dogecoin and even The DAO.

OKCoin Increases Deposit and Withdrawal Limits

The deposit limit for KYC level 2 users was increased from USD 10,000 to USD 100,000
07 May 2018   288

OKCoin is one of the most popular digital asset trading platforms in the world, which provides trading services between the US dollar, Euro, and Japanese Yen as fiat currencies, and Bitcoin, Litecoin, Ethereum and other digital assets to customers around the globe.

At the beginning of May 2018 OKCoin has increased the deposit and withdrawal limit for both individual and corporate users:

  • Individual users: for KYC level 2 users, the deposit limit was increased from USD 10,000 to USD 100,000, and the withdrawal limit was increased from USD 50,000 to USD 100,000.
  • For KYC level 3 users, the deposit limit was increased from USD 500,000 to USD 100,000,000, and the withdrawal was increased from USD 500,000 to USD 100,000,000.
  • Corporate users: for KYC level 2 users, the deposit limit was increased from USD 500,000 to USD 1,000,000, and the withdrawal was increased from USD 500,000 to USD 1,000,000.

Previously, we have reported that the team of OKCoin announced the launch of the same-name cryptocurrency platform for trading in South Korea. The new site was called OKCoin Korea.