Zhongan Bank opens operating account for OKX Hong Kong
Hong Kong's first virtual bank, Zhongan Bank, jointly announced with virtual asset exchange and Web3 technology company OKX that the bank has opened an operational account for OKX Hong Kong.
Zhongan Bank's operational account provides basic commercial banking services to OKX Hong Kong to meet its daily banking and financial management needs.
OKX will start TIA spot and perpetual contract trading in the early morning of November 1st
According to an official announcement, OKX will open TIA/USDT trading at 2:00 (HKT) on November 1st, and launch TIAUSDT perpetual contract at 2:30 (HKT). It will also launch TIA/USDT leveraged trading and Yu'ebao at 12:00 (HKT) on November 1st, 2023.
OKX will adjust the upper limit of a single limit order to US$20 million at 4:00 pm on November 9
According to official announcement on October 31st, OKX will add a single limit price USD value limit on November 9th, 2023 at 4:00 pm (UTC+8).Limit orders greater than this limit will fail. The single limit price for all trading product types (spot, margin, futures, perpetual swaps, and options) will be adjusted to a maximum of 20,000,000 USD. <br>
OKX CEO Star: Self-hosting is the future of the crypto industry
On October 31st, Blockworks founder Yano wrote on X platform that OKX has been continuously improving its reserve proof method throughout the year, which is an impressive comprehensive reserve proof plan in the encryption field. OKX CEO Star immediately retweeted this tweet and said, "I believe self-custody will be the future of the cryptocurrency industry. Cryptocurrency users do not need to trust any company, but trust decentralized technology."
Prior to this, OKX officially released the 12th reserve proof on October 30th, becoming the first exchange to complete the POR one-year milestone in the industry. In the past year, OKX has insisted on monthly releases of POR, gradually increasing the number of publicly disclosed currencies from 3 to 22, releasing more than 220,000 public wallet addresses, maintaining a reserve ratio of over 100% for 12 consecutive months, and continuously upgrading the POR system through various technologies such as Merkel trees, full view Merkel trees, and zk-STARK while protecting privacy, setting multiple milestones. Users can independently verify the solvency of Oukei OKX at any time.
Orbs team wallet deposited 72.23 million ORBS to OKX
According to data monitored by Lookonchain, the Orbs team and founding partner wallet have just deposited 72.23 million ORBS (3.4 million USD) into OKX.
1.649 million UNI transferred to OKX, worth US$6.91 million
According to Whale Alert monitoring, 1.649 million UNI tokens were transferred to OKX, worth $6.91 million.
OKX Web3 wallet plug-in has supported BTC Testnet
On October 26th, the official announcement states that the OKX Web3 wallet plugin now supports BTC Testnet, becoming the first multi-chain wallet to support BTC Testnet. Users can easily create and manage BTC Testnet wallets through version 2.66.0 and above of the OKX Web3 wallet plugin, further reducing the threshold for participating in the Bitcoin ecosystem and improving the trading experience. In addition, the OKX Web3 wallet plugin also provides APIs for developers to use, making it convenient for BTC ecosystem developers.
OKX DEX has been newly upgraded to provide users with the best quotes and diverse choices for cross-chain transactions.
According to official sources, OKX DEX has completed a new upgrade. By optimizing cross-chain algorithms and comparing gas and cross-chain bridge fees, the best cross-chain path is selected to provide users with the best pricing. At the same time, based on three dimensions of overall optimization, quantity, and time, all available cross-chain bridge trading paths are provided to users for personalized selection.
It is reported that the OKX Web3 wallet DEX section is a leading DEX and cross-chain aggregator, which has aggregated more than 10 cross-chains, more than 20 public chains, 300 DEX, etc. Through X Routing intelligent routing, a transaction can simultaneously use multiple DEX to provide users with the best price, best liquidity, and zero transaction service fees. It also has DEX market sections, limit orders, KYT security checks, and other functions.
Decentralized fixed investment protocol Mean Finance integrates OKX DEX API
According to official sources, the decentralized investment protocol Mean Finance has partnered with OKX DEX. Its aggregator function, Meta Aggregator, has now integrated the OKX DEX API to provide users with better liquidity and optimal pricing, as well as seamless cross-chain transactions to enhance user trading experience. Meta Aggregator now supports 22 public chains and numerous mainstream DEXs.
OKX will delist some current currency pairs such as DOT-ETH and COMP-BTC
According to an official announcement, OKX will delist FODL-USDT, CHE-USDT, INT-BTC, INT-USDT, PNK-USDT, and MXT-USDT on October 27, 2023 from 16:00 to 16:30 (UTC + 8). Additionally, on October 30, 2023 from 16:00 to 16:30 (UTC + 8), OKX will delist spot trading pairs including SSV-USDC, DOT-ETH, COMP-BTC, UNI-ETH, KNC-BTC, ANT-BTC, MKR-ETH, XRP-OKB, CRV-ETH, LTC-OKB, and SUSHI-ETH.