OSL review

OSL is a institutional cryptocurrency exchange based in Hong Kong, offering a regulated platform for trading digital for Bitcoin and Ethereum. OSL is fully licensed under the Hong Kong Securities and Futures Commission (SFC). OSL is a bit different then other exchanges, that the counter party in each and every trade is OSL itself. You do not have an open order book with Limit orders, you get quotes from OSL who is in this case your trading counter part.

Sign Up

Visit the page to start your registration

1) Register

2) Fill in your personal details

Finishing registration only happens once you've completed your first Wire Transfer.

3) Add funds

Deposit funds using fiat (HKD or USD) or cryptocurrency to start trading.

4) Start buying securely

At OSL you can not really trade crypto currency. It's a buy / sell platform where you accept the latest quote. The counter party in this trade is OSL, not another user.

Difference between OSL and normal exchanges

In a normal exchange, you place a buy / sell order, and another user matches that orders and the trade happens. At OSL this is different, at OSL you trade with OSL itself. OSL will offer a slightly higher price then usually available in an exchange order books, and then quickly executes your trade on another platform. The bigger the order that you place, the higher the risk, that the other exchange that OSL trades with has some small price fluctuations (positive and negative). To cover this risk, they charge slightly higher fees than if you would go to the exchange directly.

As a result, if you are a retail user with small orders (less then 1 BTC), this exchange could be considered expensive.

FAQ

Questions about OSL

Find the answers to the most frequently asked questions about OSL

Is OSL Safe?

Yes, OSL is fully licensed and regulated under the Hong Kong SFC. It implements robust security measures, including insured custody, two-factor authentication (2FA), and strict compliance protocols, ensuring user funds and data are protected.

Is OSL a Crypto Exchange?

Yes, but the feature set is very different then what you can expect from other exchanges. It focuses only on BTC & ETH Trade and it obviously targets institutional or wealthy individuals. Its services are not intended for retail users.

Is OSL regulated?

Yes, OSL is one of the few cryptocurrency exchanges in Hong Kong fully regulated by the Securities and Futures Commission (SFC).

Is OSL a good exchange?

This depends, it works, is secure and it is regulated. However, the features are limited. There are no such things as Trading, Staking, Earn Programmes or anything else. You can only request a quote and accept it. You can not place limit orders as in a regular exchange.

Does OSL have its own token?

No, OSL does not have its own native token.

Is OSL free?

No. It charges fees for trading, custody, and withdrawals. Fees are transparent and competitive, with detailed pricing available on its website.

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