OKEx Adds Euro Trading Market for Its Token OKB

VALLETTA, Malta, — OKEx (www.okex.com), the world’s largest spot and futures digital asset trade by buying and selling quantity, introduced the launch of OKB’s first OKB/EUR market on Bitlocus, a Europe-based cryptocurrency trade beginup. Traders can now commerce OKB with Euro by way of SEPA, SWIFT, and Visa card.

Launched in 2019, Bitlocus is an up-and-coming crypto market providing each crypto-to-fiat and crypto-to-crypto buying and selling companies. Currently, it has change into one of many world’s main Euro fiat-to-crypto buying and selling platforms.

Recently, OKB was listed on Indodax, the biggest crypto trade in Indonesia. As of now, OKB could be traded towards a number of fiat currencies, together with the US greenback, the South Korean gained, the Vietnamese dong, the Indonesian rupiah and Euro. The addition of the brand new Euro buying and selling market marks one other strategic milestone in OKEx’s worldwide growth.

“OKB is coming into the third yr in maturing its ecosystem. Listed on Bitlocus, such collaboration has unlocked our achievement to introduce OKB to European market. Moving ahead, we are going to work our greatest to broaden the OKB ecosystem and proceed to construct additional. We consider the way forward for OKB might be past your creativeness,” mentioned Jay Hao, CEO of OKEx.

In current months, the OKB ecosystem has been taking form quick into a world token financial system.

Currently, OKEx has partnered with 25 companions worldwide to allow customers to redeem with OKB a plethora of services and products, for instance, resort reserving, on-line purchasing, cell top-up, cybersecurity companies, and decentralized finance (DeFi) companies, to call a couple of.

OKEx additionally affords a spread of OKB-exclusive privileges for OKB holders, together with better buying and selling payment reductions and better subscription restrict in OKEx Jumpbegin token gross sales.

On the opposite hand, the 6th OKB buy-back and burn was carried out to offsetting its inflation and consolidating its worth. This time, 5,945,273.91 OKB was burnt whereas 13,978,364.45 OKB has been bought-back and burnt since May four, 2019, which is four.7% of the overall circulating quantity.

Thanks to the above actions, OKB has been going sturdy within the secondary market. According to AMBCrypto, OKB achieved the best ROI of 386% in 2019, in comparison with 147% of Binance’s BNB and 180% of Huobi’s HT.

About OKEx

OKEx is a world-leading digital asset trade headquartered in Malta, providing complete digital belongings buying and selling companies together with token buying and selling, futures buying and selling, perpetual swap buying and selling and index tracker to international merchants with blockchain know-how. Currently, the trade affords over 400 token and futures buying and selling pairs enabling customers to optimize their methods.

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CONTACT: Vivien Choi, [email protected], +852-62845786

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