okex okb token
OKEx Collaborates With Four Major Partners For Its Utility Token OKB
November 25, 2019
okex okb token
OKEx Collaborates With Four Major Partners For Its Utility Token OKB
November 25, 2019

OKEx crypto exchange has collaborated with four major partners, including hardware crypto wallet Ledger, for its utility token OKB.

On Nov. 22, OKEx shared a press release that it has secured partnerships with:

  • Hardware Crypto Wallet, Ledger
  • Vietnam-based over-the-counter exchange, Aliniex
  • Fiat-to-crypto exchange, Bvnex
  • Virtual blockchain-powered retailer, Cryptomall.

Mainstreaming Crypto Trading

Aliniex, enables users to purchase and sell digital currency with Vietnamese Dong (VND) while supporting OKB/VND trades.

Cryptomall — a marketplace that maintains transaction records on the blockchain — will also accept OKB, thus giving OKEx users’ access to more than 1 million products.

The support from the four new partners is aimed at making the OKB ecosystem go mainstream while making it more comprehensive for its global user base.

Andy Cheung, head of operations at OKEx, said that the partnerships will “expand OKB’s utility, making it easier for traders to participate in the cryptocurrency markets all over the world.”

OKEx’s Recent Developments

Recently, OKEx launched Bitcoin (BTC) futures contracts margined with Tether (USDT) stablecoin on the trading platform. The new coin offering will list BTC/USDT offering on its trading platform.

ALSO READ :  Decentralized Finance: What Exactly Is The DeFi Revolution?

OKEx launch of Tether (USDT) futures trading offers a linear futures contract with leverage of up to 100x.

Source: Cointelegraph | Image: CCN


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