Home / Cryptocurrency / Bitfinex Announces Support for OKEx Exchange Token

Bitfinex Announces Support for OKEx Exchange Token

Cryptocurrency trade Bitfinex is now checklist two tokens from the trade OKEx: its local software token OKB and the stablecoin USDK, in keeping with a press unencumber on June 12.

Bitfinex will be offering buying and selling pairs with the brand new tokens and different vital fiat and virtual currencies like U.S. greenbacks, bitcoin (BTC), EOS, tether (USDT) and ether (ETH).

The local software token OKB is designed to let OKEx customers perform plenty of purposes at the trade, together with agreement of buying and selling charges, the facility to build a spouse trade, and subscription for tokens on OK Jumpstart — considered one of OKEx’s token sale platforms.

Head of Operations at OKEx Andy Cheung commented in an reliable Twitter post that OKEx plans to spouse with extra exchanges someday:

“… List $OKB on @Bitfinex is handiest the first actual step, we will be able to proceed to paintings with extra exchanges to enlarge our ecosystem.”

OKB is these days an ERC-20 run at the Ethereum blockchain, however will transition to the OKChain later this yr, in keeping with the click unencumber.

As Cointelegraph up to now reported, OKEx is growing a blockchain known as OKChain, which can reportedly improve its long term decentralized trade (DEX).

Closing week, OKLink, a world agreement company and sister corporate to OKEx, partnered with the custodian High Accept as true with to unencumber USDK on OKEx.

As reported on June 7, 185 stolen BTC hung on Bitfinex has it sounds as if modified addresses over the process six transactions. The BTC is reportedly related to a hack at the trade that happened again in 2016. Bitfinex’s advertising and marketing director Anneka Dew stated that the trade isn’t in the back of the migrating account finances.

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