Lennix Lai, the head of financial markets at OKEx commented: This is hugely beneficial to traders carrying out cross-exchange arbitrage, as they need to settle their profit in real-time across exchanges. It will also enhance capital management across the OKEx platform. We will start with the ADAUSD market as a trial and gradually launch other…
Read more
Large-scale listings of tokens like this are rare for big crypto exchanges like OKEx. It shows its ability to move quickly and strengthens the exchange’s commitment in the potential of the decentralized finance economy. OKEx has also enabled a new "DeFi category" on its website which allows traders to find quickly information about DeFi coins,…
Read more
LeapRate Exclusive… Yoav Dror is the CEO of PumaPay, one of the biggest ICOs in 2018, raising over $117m. With an MBA and over 20 years of experience in heading online high-transaction companies, Yoav is now leading the team developing PumaPay’s blockchain-based PullPayment protocol, enabling businesses to easily accept cryptocurrency payments. Yoav joins Leaprate today…
Read more
OKEx, the Malta-based cryptocurrency exchange, has recently expanded its portfolio offerings with new fiat pairs, including Euro (EUR), Russian Ruble (RUB) and Turkish Lira (TRY). The additions are launched on the C2C fiat-to-token trading platform of OKEx. The new additions are expected to improve the access to digital coins as OKEx is preparing to launch…
Read more
“Gong hei fat choy” or “Gong xi fa tsai”, if you prefer Mandarin to Cantonese, are the preferred ways to wish “Happy New Year” for most of the Chinese population on the planet. While these words actually wish for prosperity in the year to come, this period of the year is usually accompanied by a…
Read more
OKEx, the second-largest cryptocurrency exchange by traded volume, has recently launched a new product called Perpetual Swap, which is a virtual derivative based on BTC/USD price speculation. The mechanism behind the new derivative product is similar to the one of futures contracts. The major difference, however, is that the perpetual swap does not have daily…
Read more
OKEx has announced that it joining GLASS, the Global Liquidity And Settlement System developed by SharesPost. When GLASS becomes operational, OKEx will have both compliant access to investors in the U.S. and other crypto trading markets and the ability to pool liquidity with other GLASS exchanges on a trading pair by trading pair basis. We…
Read moreThe top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit, according to Bloomberg calculations. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges make…
Read more