OKX Exchange has expanded its spot trading market by listing Merlin Chain (MERL), the native token of the Layer 2 Bitcoin scaling solution. Users can now trade MERL against USDT, further diversifying OKX’s cryptocurrency offerings.
Key Developments
MERL Listing:
- MERL is now available for spot trading on OKX.
- Traders can access the MERL/USDT pair for seamless transactions.
Strategic Research Partnership:
- OKX collaborates with Hong Kong University of Science and Technology (HKUST) to advance zero-knowledge (ZK) proof technology.
- Focus areas include improving ZK decentralized exchanges (ZKDEXs) and cryptographic protocols.
Why This Matters
- Enhanced Trading Options: MERL’s integration broadens OKX’s ecosystem.
- Web3 Innovation: The HKUST partnership supports Hong Kong’s ambition to lead in Web3 development.
FAQs
Q: How can I trade MERL on OKX?
A: Navigate to the Spot Market and select the MERL/USDT pair to start trading.
Q: What is Merlin Chain?
A: A Bitcoin Layer 2 solution focused on scalability and low-cost transactions.
Q: What are ZK proofs?
A: Cryptographic methods enabling secure, private transactions without revealing underlying data.
👉 Stay Updated with OKX’s Latest Listings
Final Notes
OKX continues to drive crypto adoption through strategic listings and academic collaborations, reinforcing its role as a leader in the blockchain space.
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