OKEx Launches Tiered Maintenance Margin Ratio System for Spot Margin Trading
Record 24.9% Up – OKB Expanded Storage Support and Trading Channel in January
OKEx (www.okex.com), the world’s largest cryptocurrency spot and derivatives exchange, announced the release of the latest monthly report of OKB, its global utility token, for Jan 2020. According to the report, OKB recorded an astonishing 24.9% increase rise from 2.61 USDT to 3.26 USDT, with 25% month-on-month increase over last month. The OKB team focused on expanding OKB storage support and have formed three new partnerships in these regards. Besides, OKB has also welcomed a new EURO depositing channel and landed on Coinbene, which further promoted the globalization of the token.
As of today, OKB has formed ecological partnerships with as many as 32 businesses globally and has established depositing channels for a number of major fiat currencies, including US dollar, euro, Korean won, Vietnamese dong, and Indonesian rupiah. What’s more, OKB trading pairs have also been listed on many major C2C and spot exchanges.
New wallet partnerships
OKEx has also partnered with three businesses and to expand OKB storage support for a variety of wallet types, including Blocto, a Taiwanese contract wallet, Cool Wallet, a global hardware wallet and Hoo’s wallet, a public chain asset cloud wallets. In order to raise user’s awareness on asset security, a free OKB hardware wallet promotion was held with Cool Wallet, giving away portable OKB wallet cards that are accepted in different shops for purchase.
As of now, OKB is supported by nine wallets, including Ledger Vault, Bitpie, Mirthril, Kcash, Pocket, and Cobo.
New OKB trading channels
In January, OKB was listed on Bitlocus, one of the major EUR fiat-to-crypto exchanges in Europe, further enhancing its liquidity and competitiveness in the market, OKB. Thanks to the listing, OKB can now be purchased with a variety of mainstream payment gateways in Europe, such as SEPA, SWIFT, and VISA. OKB has also partnered with CoinBene to list OKB spot trading pairs.
So far, OKB is trading on dozens of mainstream exchanges, such as Bitmax, Bitfinex, and BiKi, with over 40 major crypto trading pairs available.
The above progress has contributed to the impressive performance of OKB in the secondary market, resulting in a high ROI of 386% last year according to AMBCrypto.
Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
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