exchange is developing its own a decentralized exchanged, according to a blog post on March 22.
Per the post, OKEx has been developing its own dubbed “OKChain,” which is now purportedly in the final development stage. The company expects to put out a testnet in June of this year. OKChain will also serve as the base for OKEx’s decentralized exchange.
Apart from that, the post states that OKEx’s native utility- OKB will be put onto the by the end of April, and will be migrated to the OKChain mainnet once the OKChain becomes stable. OKB will reportedly also be used for pre-.
In February, OKEx support for Thai baht-crypto on its client-to-client platform, with only (), Tether (), () and () being traded with the Thai baht on the exchange’s peer-to-peer platform.
In January, Cointelegraph reported that Star Xu, founder of exchange services provider OKCoin and OKEx, a controlling share in LEAP Holdings — a Caymans Island-incorporated construction engineering firm, which is listed on the Stock Exchange.
Last December, OKEx a new crypto derivative product called Perpetual Swap, which lets users speculate on the future value of /USD, according to OKEx’s index. OKEx’s perpetual swaps reportedly have no expiration, meaning “positions can be held indefinitely.”
OKEx is currently the world’s largest exchange by adjusted daily trade volumes, seeing about $615 million in trades on the day at press time.
Published at Mon, 25 Mar 2019 21:15:12 +0000
