Overview
OKCoin Exchange (www.okcoin.cn), founded in June 2013, is a globally recognized digital asset trading platform operated by Beijing Lekuda Network Technology Co., Ltd. It specializes in facilitating RMB-to-crypto transactions, including Bitcoin, Litecoin, Ethereum, and other digital assets for users in China.
Core Team and Background
OKCoin’s leadership comprises veterans from Alibaba, Tencent, Huawei, and other top-tier companies. The platform secured an initial angel investment from venture capitalist Tim Draper—known for backing industry giants like Hotmail, Baidu, and Tesla—through his firm Draper Associates. In early 2014, OKCoin raised millions in Series A funding from prominent investors, including Ceyuan Ventures and Longling Capital (founded by Meitu’s creator).
Mission and Vision
OKCoin is built on the foundational principles of Bitcoin and blockchain technology. The team believes decentralized ledgers and smart contracts will redefine trust, eliminate transactional barriers, and enhance efficiency, profoundly impacting global economies. This vision drove its founders to transition from lucrative careers into the blockchain revolution, aiming to contribute meaningfully to this transformative technology.
Technological Innovations
OKCoin employs cutting-edge solutions to ensure secure, scalable, and efficient trading:
- GSLB & Distributed Server Clusters: Enhances load balancing and reliability.
- Multi-Tier Storage: Combines distributed storage with cold wallets and offline private keys for asset security.
- High-Speed Memory Trading Engine: Enables real-time transaction processing.
- Cross-Platform Accessibility: Supports Web, mobile, and PC clients.
The platform continuously iterates based on user feedback, prioritizing product upgrades and unparalleled customer service.
Key Team Members
| Name | Role | Background |
|--------------------|---------------------|------------|
| Xu Mingxing | CEO | Ex-Yahoo China, founder of blockchain research center. |
| Pan Xiaojun | COO | IBM, Hong Capital, led IPO for Zhaopin. |
| Tian Ying | Marketing Director | Former executive at BitAuto, author of Illustrated Blockchain. |
| Jiang Anming | Digital Marketing | Oracle, TripAdvisor, growth strategist. |
| Yang Shaohua | Compliance Manager | AIG China, AML/anti-corruption expert. |
Investment and Growth
OKCoin’s $10M Series A funding included backers like Ceyuan Ventures, Mandra Capital, and Tim Draper. This capital accelerated global expansion and product innovation, solidifying its market leadership.
FAQs
1. Is OKCoin safe for trading?
Yes. OKCoin uses cold wallets, offline keys, and advanced encryption to protect user assets.
2. Which cryptocurrencies does OKCoin support?
Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and other major digital assets.
3. How does OKCoin comply with regulations?
The platform adheres to strict AML and anti-corruption policies, overseen by experienced compliance officers.
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