OKEx Native Token OKB and OKLink Stablecoin USDK Listed on Bitfinex

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OKEx, a leading global cryptocurrency exchange, has announced the listing of its native token OKB and the OKLink stablecoin USDK on Bitfinex, another top-tier digital asset trading platform. The new trading pairs will go live on June 13, 2019, at 10:00 AM UTC, including:

OKB: Powering the OKEx Ecosystem

OKB serves as the backbone of OKEx’s ecosystem, enabling users to:

Currently an ERC-20 token, OKB is slated for migration to OKChain, OKEx’s proprietary blockchain, later this year.

👉 Discover how OKB is revolutionizing crypto utilities

USDK: A Trust-Backed Stablecoin

Developed by OKLink in collaboration with Prime Trust, USDK is a 1:1 USD-pegged stablecoin combining regulatory compliance with blockchain efficiency.

Industry Collaboration for Growth

Andy Cheung, Head of Operations at OKEx, emphasized:

"Blockchain’s potential hinges on collaboration. Listing OKB on Bitfinex reflects industry trust in our token and platform. We’re committed to fostering a transparent market through strategic partnerships."

Key Takeaways

FAQ

Q: What is OKB used for?
A: OKB facilitates trading fee settlements, token sales, and partner exchange setups.

Q: Is USDK auditable?
A: Yes, USDK’s reserves are audited by Prime Trust for 1:1 USD backing.

Q: When will OKB migrate to OKChain?
A: The migration is expected by year-end 2019.

👉 Explore OKEx’s latest innovations

Follow OKEx’s Twitter for real-time updates.


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