Global leading cryptocurrency exchange OKEx announced the listing of its native token OKB on top-tier exchange Bitfinex, along with the simultaneous launch of stablecoin USDK developed by blockchain firm OKLink in partnership with Nevada-registered Prime Trust.
Key Trading Pairs Now Available
Bitfinex has introduced nine new trading pairs effective June 13, 2019:
- USDK/USD
- BTC/USDK
- ETH/USDK
- USDT/USDK
- EOS/USDK
- OKB/USD
- OKB/BTC
- OKB/ETH
- OKB/USDT
The Utility Power of OKB
OKB serves as the native asset powering OKEx's ecosystem with multiple use cases:
- Establishing OKEx Open Exchange
- Settling transaction fees
- Participating in token sales via OK Jumpstart platform
- Facilitating decentralized applications
According to CoinMarketCap data, OKB has demonstrated consistent market growth through its expanding utility framework.
Technical Roadmap
Currently operating as an ERC-20 token on Ethereum network, OKB is scheduled to migrate to OKChain later this year - OKEx's proprietary blockchain currently undergoing final testing phase.
👉 Discover how OKB creates value across crypto ecosystems
Executive Perspective
Andy Cheung, OKEx's Chief Operating Officer, commented:
"Our vision extends beyond creating a fair trading environment - we're building bridges between blockchain innovators. The Bitfinex listing marks our first collaborative milestone, representing industry validation of both our native token and platform infrastructure. We welcome all mission-aligned partners to join our ecosystem development initiatives."
About OKEx
Headquartered in Malta, OKEx stands as a premier digital asset exchange offering:
- 400+ token and futures trading pairs
- Comprehensive trading services (fiat gateways, spot, derivatives)
- Institutional-grade blockchain infrastructure
Stay updated via OKEx's official Twitter channel.
FAQ Section
Q: What advantages does OKB offer traders?
A: OKB provides fee discounts, exclusive platform access, and participation rights in ecosystem development.
Q: How does USDK maintain price stability?
A: The USDK stablecoin maintains 1:1 USD backing through regulated custodian Prime Trust with regular audits.
Q: When will OKB migrate to OKChain?
A: The transition is scheduled for Q4 2019 pending successful mainnet launch and security audits.
👉 Explore OKEx's complete product suite
For media inquiries, please contact:
- Jennifer Chow: [[email protected]](https://n.yam.com/cdn-cgi/l/email-protection)
- Vivien Choi: [[email protected]](https://n.yam.com/cdn-cgi/l/email-protection)