OKEx

In just over a year since it became popular, IEO (Initial Exchange Offering) managed to replace ICOs (Initial Coin Offerings) as the fundraising system of choice for a majority of blockchain enterprises.  In simple terms, IEOs are a token sale that operates through a partner exchange. It's identical to an ICO in almost every way except that investors who can participate in the sale are typically limited to users on the associated exchange. The IEO process kicks off with an…

Bitcoin and Libra could be the keys to rectifying the current global economic imbalance.  That is, according to OKEx CEO  Jay Hao. Mr. Hao affirms that the USD continues to have a stranglehold over the world economy. Thus it skews the balance of world power in favor of the developed nations.   Mr. Hao proposes that the global economy needs a fresh start. Further, to successfully do this, we will have to ditch the USD as the standard currency. In its…

Coinbase stated that it witnessed a tidal wave of deposits in the 48 hours after Bitcoin’s plunge on the 12th of March 2020. The crypto exchange saw its highest Bitcoin buying numbers in the last one year. Coinbase posted a recovery from its drop to $3800 with bullish sentiment presenting before Bitcoin reached $7800, which may contribute to a further upward push, after the block reward halving coming in the short term. Reports reveal that retail Bitcoin purchasing on Coinbase…

The crypto-exchange services provider Bitfinex has announced earlier today that it experienced a denial-of-service (DDoS) attack. As a result of the attack, its website and services were forced to go offline in a majority of regions in just under an hour. The Exchange has otherwise announced a resumption of services on its platform. Comparatively more powerful protection has also been set up as a result in a bid to lessen the repeat of such an attack. This is according to…

CoinDCX, a top crypto trading platform in India and liquidity aggregators, is now an OKEx partner. OKEx is a Malta-based crypto exchange. CoinDCX also announced the launch of its new DCXfutures product. The product meets demands that have increased for access to Futures, Options, and higher leverage trading in India's market. A maximum of 15x leverage trading for renowned cryptos like BTC, ETH, XRP, BCH, LTC, EOS, ADA, and TRX will be available with DCXfutures. The Collaboration Benefits CoinDCX CEO…

Progressively, Bitcoin and altcoins are slowly garnering attention from more crypto investors worldwide. Is it because cryptocurrencies have proven themselves to be a haven? Maybe people have started to appreciate the perks of blockchain technology, which is against the government's inflationary strategies.  In that rationale, since cryptocurrency first appeared, many exchange platforms have sprung up to facilitate transfers of digital tokens. However, although they offer similar services, crypto exchanges differ in terms of the level of privacy and security they…

Okex platform recently expanded derivative trading. The announcement made by the exchange maintained that it is launching a test on Bitcoin futures. Okex is a renowned exchange, which currently very active in future trading, and therefore the leading Bitcoin futures operations. Options carry higher risks, but enable bitcoin trading, on the basis of predictions. At the moment, predictive markets are becoming speedy, as anticipations tend to become further crucial even than real activity on the spot market. Additionally, Bakkt exchange…