OKEx, a world-leading cryptocurrency exchange, has announced the listing of its native token OKB and the OKLink stablecoin USDK on Bitfinex, another top-tier digital asset trading platform. The new trading pairs will go live on June 13, 2019, at 10:00 AM UTC.
Key Trading Pairs
Bitfinex will support the following trading pairs:
- USDK/USD
- BTC/USDK
- ETH/USDK
- USDT/USDK
- EOS/USDK
- OKB/USD
- OKB/BTC
- OKB/ETH
- OKB/USDT
About OKB
OKB serves as the backbone of OKEx’s ecosystem, enabling users to:
- Settle trading fees
- Access token sales via OK Jumpstart
- Establish partner exchanges
Currently an ERC-20 token, OKB will soon migrate to OKChain, OKEx’s proprietary blockchain, which is in its final testing phase.
USDK Stablecoin
Developed by OKLink and Prime Trust, USDK is a fully collateralized stablecoin pegged 1:1 to the US dollar, combining regulatory compliance with blockchain efficiency.
Industry Collaboration
Andy Cheung, Head of Operations at OKEx, emphasized:
"Collaboration drives market growth. Listing OKB on Bitfinex reflects peer recognition and opens doors for future partnerships. We’re committed to fostering a transparent trading environment."
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FAQs
1. What is OKB?
OKB is OKEx’s utility token, used for fee discounts, token sales, and ecosystem participation.
2. How is USDK different from other stablecoins?
USDK is co-developed with Prime Trust, ensuring regulatory compliance and full USD backing.
3. Will OKB remain an ERC-20 token?
No—OKB will transition to OKChain later this year for enhanced scalability and utility.
👉 Learn more about OKEx’s offerings
Conclusion
This listing marks a milestone for OKEx and Bitfinex, expanding liquidity and accessibility for traders worldwide. Stay tuned for further developments in OKEx’s ecosystem.