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Who is more reliable, OKX or OKX? Who is safer?

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Release: 2024-08-09 14:23:01
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Overall, Ouyi seems to be better in terms of reliability and security: it has been established longer (Ouyi was founded in 2017, Eou was founded in 2013). Transaction volume is higher (according to CoinMarketCap). The number of users is much higher (OUYI claims to have over 20 million users). Partner with Coopers Accountants to insure user assets.

Who is more reliable, OKX or OKX? Who is safer?

OOYi (OKX) vs. Yiou: Reliability and Security Comparison

Reliability

  • Time of establishment: OKX was established in 2017, while Yiou was established in 2013 . The earlier establishment shows that Ouyi has longer operating experience.
  • Trading volume: According to CoinMarketCap data, OuYi’s 24-hour trading volume is much larger than that of EoYi, indicating that OuYi is more popular and active.
  • Number of users: Eouyi claims to have more than 20 million users, while Eouyi has not disclosed its number of users. A higher number of users indicates that Oyi has a wider customer base.

Security

  • Hot and Cold Wallet Separation: Both exchanges claim to use hot and cold wallet separation to store user assets for increased security.
  • Two-Factor Authentication (2FA): Both EO and EO offer 2FA to add an extra layer of security to user accounts.
  • Insurance: Oyi cooperates with Coopers Accounting Firm to provide insurance for its user assets. E-O has not disclosed its insurance status.

Summary

Taking into account reliability and security, Oyi seems to be a more reliable and secure exchange. It has been around longer, has larger trading volumes and has more users. In addition, Ouyi also cooperates with Coopers Accounting Firm to provide insurance for its user assets.

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