Oasis Exchange

Overview of Oasis Exchange

Oasis Exchange, operated by Guardian Holdings, is a leading cryptocurrency trading platform based in Seoul, South Korea. The exchange offers a diverse range of cryptocurrency trading pairs, with examples like OSG/USDT, GOBT/USDT, and ETH/USDT prominently featured. Additionally, Oasis Exchange emphasizes user convenience, offering a mobile application for seamless trading on-the-go. For those new to the platform, they provide a comprehensive trading guide. But this exchange is not subject to any regulation and does not hold any licenses.

Pros and cons

Pros:

- Offers over 50 different cryptocurrencies for trading: With a wide range of cryptocurrencies available, users have the opportunity to diversify their investment portfolio and take advantage of various market opportunities.

- Provides multiple payment methods including bank transfers, credit/debit cards, and cryptocurrencies: The availability of multiple payment methods allows users to choose the option that is most convenient and accessible to them.

- Online chat and email support for customer assistance: Oasis Exchange's customer support services ensure that users can reach out for assistance at any time and receive prompt and helpful responses.

Cons:

- No specific information available about security measures: Without detailed information about the security measures implemented by Oasis Exchange, users may have concerns about the safety of their funds and personal information.

- No information available about user interface or platform features: Lack of information about the user interface and platform features may make it difficult for users to assess the overall user experience and functionality of the platform.

- No information available about trading volume or liquidity: Without information about the trading volume or liquidity of Oasis Exchange, users may be unable to gauge the level of market activity and potential for executing trades efficiently.

Regulatory Authority

Oasis Exchange is not subject to any regulation and does not hold any licenses. Unregulated exchanges can have security gaps, limited consumer safeguards, and potential fraud risks. Investors should do their research, prioritize security, and consider professional advice.

Security

Oasis Exchange commonly implements below measures to ensure thier security:

• 1. Two-Factor Authentication (2FA): This adds an extra layer of security by requiring users to provide two types of identification before accessing their accounts. Typically, this involves something the user knows (password) and something the user has (a code sent to a mobile device).

• 2. Cold and Hot Wallets: Exchanges often store the majority of their funds in cold wallets, which are offline and not accessible via the internet. This reduces the risk of large-scale thefts. Hot wallets, which are online, contain only a small percentage of funds for daily withdrawal requests.

• 3. Encryption: Data encryption, both in transit (using SSL/TLS) and at rest, ensures that sensitive user data and transaction details are secured from unauthorized access.

Cryptocurrencies Available

Oasis Exchange offers over 50 different cryptocurrencies for trading. This includes popular cryptocurrencies such as Bitcoin and Ethereum, as well as a variety of altcoins and tokens. The availability of a wide range of cryptocurrencies provides users with the opportunity to diversify their investment portfolio and capitalize on various market opportunities.



How to open an account？

The registration process of Oasis Exchange typically involves the following steps:

1. Visit the Oasis Exchange official website and click on the “Sign Up” or “Register” button to begin the registration process.

2. Provide your email address and create a password to create your account. You may also be required to verify your email address through a confirmation link sent to your email.

3. Complete the KYC (Know Your Customer) verification process by providing necessary personal information, such as your full name, date of birth, and proof of identity and address. This may include uploading scanned copies of identification documents, such as passports or driver's licenses.

4. Agree to the terms and conditions of Oasis Exchange, including any applicable privacy policies or user agreements.

5. Set up two-factor authentication (2FA) to add an extra layer of security to your account. This typically involves linking your account with a mobile app, such as Google Authenticator, and generating a unique code that is required along with your password to access your account.

6. Once your registration is complete, you can log in to your Oasis Exchange account and start trading or depositing funds.

Fees

Oasis Exchange offers competitive trading fees with a flat rate of 0.15% for both maker and taker in the USDT and Investment Caution markets.

Fee Type	Market	Amount
Maker/Taker Fee	USDT Market	0.15%
Maker/Taker Fee	Investment Caution Market	0.15%

Payment Methods

Oasis Exchange, a decentralized exchange, primarily facilitates deposits and withdrawals in cryptocurrencies. Withdrawals typically incur network fees, which can vary based on the congestion of the respective blockchain. It's essential to note that these fees are not static and can change based on network conditions. As with most DEXs, Oasis Exchange does not handle fiat currency directly, meaning all transactions are in crypto.

Deposit

Method	Charges	Processing Time
Cryptocurrency	Network fees	Varies based on network congestion

Withdrawal

Asset	Fee	Processing Time
KRW (Korean Won)	Not specified	Varies based on network congestion
Bitcoin (BTC)	Network fees (0.0012 BTC as an example)	Varies based on network congestion
Ethereum (ETH)	Network fees (0.015 ETH as an example)	Varies based on network congestion
Binance Coin (BNB)	Network fees (0.16 BNB as an example)	Varies based on network congestion
...	...	...

(Note: Only a few withdrawal fees are listed here for brevity. The full list includes various other assets.)

Educational Resources

It offers the following types of educational resources:

• 1. Tutorials and How-to Guides: Step-by-step instructions on how to use the platform, trade, deposit, and withdraw funds.

• 2. FAQs: A section dedicated to answering common questions users might have about the platform and trading.

• 3. Blog Posts and Articles: Regularly updated content discussing market trends, platform updates, and other relevant topics.



Is Oasis Exchange a Good Exchange for You？

Oasis Exchange caters to a wide range of traders, including both novice and experienced individuals. The platform's diverse offering of over 50 cryptocurrencies makes it suitable for those looking to diversify their investment portfolio and take advantage of various market opportunities.

For novice traders, Oasis Exchange's user-friendly interface and range of educational resources can be beneficial. Novices can access beginner's guides, tutorials, and educational articles or videos to learn more about virtual currency trading and gain a better understanding of the market. The availability of a demo account or simulated trading environment can also be particularly helpful for novice traders to practice and develop their trading strategies.

Experienced traders, on the other hand, can benefit from Oasis Exchange's wide range of cryptocurrencies and advanced trading features. The platform may offer advanced order types, such as stop-loss or limit orders, that allow for more precise trading strategies. Additionally, experienced traders may appreciate the availability of market analysis tools, such as charts and indicators, to aid in their decision-making process.

Ultimately, Oasis Exchange's range of offerings and user-friendly interface make it a suitable choice for both novice and experienced traders.

Conclusion

In conclusion, Oasis Exchange is an unregulated virtual currency exchange that offers over 50 cryptocurrencies for trading. The platform provides users with the opportunity to diversify their investment portfolio and access advanced trading features. But users should be aware of the disadvantages of unregulated exchanges, such as the higher risk of fraudulent activities and limited customer support. By choosing regulated exchanges like Oasis Exchange.

FAQs

Q: What cryptocurrencies are available for trading on the Oasis Exchange？

A: Oasis Exchange offers a wide range of over 50 cryptocurrencies for trading, including popular cryptocurrencies like Bitcoin and Ethereum, as well as various altcoins and tokens.

Q: What payment methods can I use on Oasis Exchange？

A: Oasis Exchange supports multiple payment methods, including bank transfers, credit/debit cards, and cryptocurrencies, giving users the flexibility to choose the most convenient option for depositing and withdrawing funds.

Q: How to prevent voice phishing？

A: Oasis Exchange emphasizes the importance of voice phishing prevention and advises users to be cautious of unsolicited calls.

Q: How can I use the exchange safely？

A: To use the exchange safely, users are advised to follow best security practices, including enabling 2FA and being wary of phishing attempts.

User Review

User 1: I've been using Oasis Exchange for a few months now and I have to say, I'm impressed with the level of security they provide. Their two-factor authentication and verification process made me feel confident in the safety of my funds. The interface is also very user-friendly, even for someone like me who is not very tech-savvy. However, I did have some issues with liquidity on certain lesser-known cryptocurrencies. It would be great if they could improve that aspect. Overall, I'm satisfied with their customer support and trading fees.

User 2: Oasis Exchange is a reliable platform with a good range of cryptocurrencies available for trading. The fact that they are regulated by the Netherlands Authority for the Financial Markets (AFM) gave me peace of mind knowing that there is oversight and protection for users. The customer support team has been responsive and helpful whenever I had any inquiries. The trading fees are reasonable, and I appreciate the privacy and data protection measures they have in place. My only concern is the withdrawal speed, as it can sometimes take longer than expected. But overall, I've had a positive experience with Oasis Exchange.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.