5 Major Crypto Exchanges Control Lion’s Share of Ethereum Liquidity
According to a report by Kaiko, five major crypto exchanges hold 72% of Ethereum liquidity, with Binance, Bitfinex, OKX, Coinbase, and Kraken being the only ones to have significant reserves.
OKX Publishes Seventh Monthly Proof of Reserves Report, Showing $10 Billion in Digital Asset Reserves
OKX, the world's second-largest cryptocurrency exchange by trading volume, has released its seventh monthly Proof of Reserves (PoR) report, revealing that it holds $10 billion in reserves of BTC, ETH, and USDT, as well as 19 other popular digital assets including USDC, XRP, DOGE, and UNI.
Hong Kong to Allow Retail Cryptocurrency Trade, Boosting Chinese Coins Amidst US Hostility
Hong Kong's decision to permit retail trade in cryptocurrencies like Bitcoin and Ethereum could have a significant impact on the current hostile crypto market environment in the US.
OKX Launches Updated App for Safe Virtual Asset Trading in Hong Kong
OKX, the world's second-largest cryptocurrency exchange, has launched an upgraded app that enables Hong Kong users to safely engage in spot trading of virtual assets. The exchange has listed 16 major virtual assets for retail investors in Hong Kong, including BTC, ETH, ADA, MATIC, SOL, DOT, UNI, LINK, SAND, LTC, AVAX, AXS, ATOM, XLM, USDT, and USDC.
Metaverse Platform Everdome Partners OKX to Bring Exclusive Football Content
Everdome and OKX have announced an expansion of their partnership to create the OKX Collective metaverse using Everdome's platform for hyper-realistic metaverses and OKX's Web3 technology. The collaboration will bring unique and exclusive content to the platform, featuring OKX football ambassadors and offering unparalleled fan experiences. The OKX Collective is a digital realm that merges worldwide sports with a fresh metaverse environment, enabling soccer enthusiasts to embark on a digital journey that brings them closer to the OKX ambassadors and their interests. The collaboration between OKX and Everdome will transform the way people perceive the possibilities of a Web3 connected world.
OKX Wallet Adds Limit Order Function to Decentralized Exchange Platform
OKX, the second-largest cryptocurrency exchange in terms of trading volume and a pioneer in Web3 technology, has announced the addition of a limit order function to its decentralized exchange (DEX). This new function will provide OKX Wallet customers with more flexibility and ease of use when making trades by allowing traders to restrict their orders to a certain price range. The addition of this feature further enriches the array of advanced tools and features available to traders and reflects OKX's dedication to user empowerment and improved trading experiences. With this new capability, traders can execute transactions at the prices of their choosing, making their trading experience more effective and personalized.
Cryptocurrency Exchange OKX Plans To Establish a Regional Hub in France, Targeting Hiring Around 100 People in the Next Three Years
Cryptocurrency exchange OKX is planning to establish a physical presence in France and hire around 100 employees in the next three years.
OKX Wallet Enables BRC-20 Trading and Pioneers Bitcoin Cross-Chain Swaps
BRC-20 token trading has gained significant interest and attention in the cryptocurrency sector, prompting several major exchanges to enable BRC-20 token trading on their platforms. OKX Wallet recently announced the activation of BRC-20 trading on its Ordinals Marketplace, becoming the only multi-chain wallet to facilitate BRC-20 token trading on mobile platforms. The company plans to expand this support to its web interface in the near future. Additionally, OKX Wallet has introduced its Bitcoin cross-chain swap feature, allowing users to exchange their tokens for BTC within the secure environment of the wallet. This feature is accessible on both web and mobile platforms and is managed by a reputable third-party provider, SWFT.
OKX Files Application to Become Registered Digital Asset Service Provider in France
OKX, the world's second-largest crypto exchange and a Web3 technology company, has applied to become a registered Digital Asset Service Provider in France under the strict requirements of the AMF and ACPR. This move demonstrates OKX's commitment to expanding its European presence, with France as a significant hub. Registration with the AMF will allow OKX to offer a range of products and services to customers in France in full compliance with local regulations. However, it is important to note that digital assets involve a high degree of risk and OKX is not regulated by the FCA, so individuals should consult with their legal/tax/investment professional before trading or holding digital assets.
OKX Lists Premier BRC-20 Token ORDI
OKX, a prominent cryptocurrency exchange, has announced the listing of the major BRC-20 token ORDI, which has a market cap of over $272 million. OKX believes that this move represents a significant milestone for the Bitcoin community, as trading on a centralized platform allows investors to avoid issues associated with decentralized exchanges. OKX has been a big supporter of BRC-20 tokens, with the OKX Wallet being the first multi-chain wallet to allow users to view and transfer Bitcoin ordinals. Other popular BRC-20 tokens include VMPX, PIZA, DOMO, and PEPE.
