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:
- USDK/USD
- BTC/USDK
- ETH/USDK
- USDT/USDK
- EOS/USDK
- OKB/USD
- OKB/BTC
- OKB/ETH
- OKB/USDT
OKB: Powering the OKEx Ecosystem
OKB serves as the backbone of OKEx’s ecosystem, enabling users to:
- Pay trading fees at discounted rates.
- Participate in OK Jumpstart, the platform’s token sale initiative.
- Establish partner exchanges under OKEx’s umbrella.
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
- OKB and USDK expand accessibility via Bitfinex.
- OKB’s utility spans fee discounts, token sales, and exchange partnerships.
- USDK merges stability with regulatory assurance.
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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