Bitfinex lists native token of its rival crypto exchange OKEx
One of the leading cryptocurrency exchanges in the world, Bitfinex is now listing two tokens from its rival exchange, OKEx, according to a press release. The two tokens are OKEx’s native token OKB and the stablecoin USDK.
It is important to note here that Bitfinex will offer trading pairs with the new tokens and other significant fiat and digital currencies like U.S. dollars, Bitcoin (BTC), EOS, Tether (USDT) and Ether (ETH).
As per the press release, the nine new trading pairs will officially open on Bitfinex from 10am, June 13, 2019 (UTC), including USDK/USD, BTC/USDK, ETH/USDK, USDT/USDK, EOS/USDK, OKB/USD, OKB/BTC, OKB/ETH and OKB/USDT.
The release further adds that OKB allows OKEx users to perform various tasks such as setting up an OKEx partner exchange, settling trading fees, and subscribing for new tokens on the token sale platform OK Jumpstart. The multiple use-cases of OKB have resulted in OKB capturing more market share over the months.
Right now the native token of OKEx, OKB is operating on the Ethereum blockchain and it will be migrated to the OK chain later this year.
Speaking about the listing, Andy Cheung, Head of Operations of OKEx said, “We aim to foster a new economy with blockchain technology. To achieve de-intermedium and financial inclusion, we do not work as an isolated island. We believe the key to prompt the market growth requires teamwork, which is the reason for us joining forces with other leading industry players to spark new chemistry.”
“OKB being listed on Bitfinex is just the beginning, it marks the recognition of our native token and platform from our peers, and we will continue to explore further opportunities in all kinds of collaboration with other industry players. We never rest on cultivating a fair and transparent trading market and welcome partners with a similar mindset to work together,” he added.