Overview of OKEx’s Financial Performance
Revenue and Valuation Insights
- Annual Revenue: OKEx generates an estimated $6.9 million per year.
- Revenue per Employee: Each employee contributes approximately $117,000 annually.
👉 Discover how OKEx compares to top crypto exchanges
Workforce Statistics
- Employee Count: 59 (a 2% decline from the previous year).
Competitive Landscape: OKEx vs. Major Crypto Exchanges
| Competitor | Revenue | Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
| Binance | $2.7B | 14,818 | +9% | N/A | N/A |
| Coinbase | $5.9B | 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 |
What Is OKEx?
OKEx is a global digital asset exchange offering advanced trading solutions like spot and derivatives markets. Key features include:
– Secure trading via distributed server clusters and GSLB technology.
– Mobile and web platforms for seamless access.
– Mission to enhance transaction efficiency through blockchain innovation.
👉 Explore OKEx’s trading tools
Other Key Metrics
- Total Funding: Not disclosed.
- Valuation: Not available.
Industry News Highlights
- April 2022: OKEx was featured in a market analysis alongside Binance, Coinbase, and Kraken, highlighting its role in the growing digital currency trading sector.
Regional Competitors in Seychelles
| Company | Revenue | Employees | Growth Rate |
|---|---|---|---|
| Flipster | $13.3M | 152 | +52% |
| Remitano | $35M | 245 | +8% |
| AAX | $91M | 560 | +47% |
Frequently Asked Questions
1. How does OKEx’s revenue compare to Binance?
OKEx’s $6.9M revenue is significantly smaller than Binance’s $2.7B, reflecting differences in scale and market share.
2. What causes OKEx’s negative employee growth?
The -2% decline may stem from operational restructuring or market conditions.
3. Is OKEx a safe platform for crypto trading?
Yes, OKEx employs enterprise-grade security (e.g., distributed servers) to protect users.
4. What trading options does OKEx offer?
It supports spot trading, futures, and derivatives, catering to diverse strategies.
5. Who are OKEx’s closest competitors?
OKCoin and Gate.io operate in similar markets but with higher revenue and employee counts.
6. Where is OKEx headquartered?
OKEx is based in Seychelles, alongside firms like Flipster and AAX.