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Global crypto exchange OKX announces the listing of Venom Network’s VENOM token on its spot market, expanding trading options with VENOM/USDT pair.
OKX, one of the world’s leading crypto exchanges and a pioneer in Web3 technology, has announced the listing of Venom Network’s native token, VENOM, on its spot market. This strategic move is set to take place on March 25, 2024, at 8:00 AM (UTC), providing OKX users with the ability to trade VENOM against the USDT (Tether).
The announcement, made on March 22, 2024, also indicated that deposits for VENOM were enabled earlier today, allowing users to prepare for the upcoming trading activities. Venom Network is lauded for its innovative blockchain solution that boasts scalability tailored for real-world applications. Its distinctive architecture and technological prowess render Venom Network a highly capable platform for decentralized applications (dApps), offering both top-notch performance and robust security.
OKX’s commitment to expanding its trading offerings is further underscored by this listing, as the platform continues to cater to the growing demands of the global crypto community. The exchange has carved a reputation for not only its trading capabilities but also as a Web3 innovator. With over 50 million users worldwide, OKX stands out for its reliability and speed, aspects that are crucial in the volatile realm of cryptocurrency trading.
The partnership with Venom Network is just one of the many strategic alliances OKX has forged. The exchange is also a top partner with prominent names such as English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo. These collaborations aim to amplify fan experiences through novel engagement opportunities, demonstrating OKX’s commitment to integrating the world of sports and entertainment with the innovative sphere of Web3.
Moreover, OKX is at the forefront of the NFT and metaverse exploration with its latest offering, the OKX Wallet. This product allows users to seamlessly trade GameFi and DeFi tokens, further expanding the possibilities within the digital asset space. The exchange’s dedication to transparency and security is reflected in its practice of publishing monthly Proof of Reserves, bolstering trust among its user base.
OKX’s innovative approach to the cryptocurrency market and its robust ecosystem including the support for various blockchain networks and applications, positions the platform as a cornerstone in the industry. With the addition of VENOM to its spot market, OKX is set to provide its users with yet another quality asset to diversify their portfolios and engage in the dynamic world of crypto trading.
As the crypto market continues to mature and evolve, OKX remains at the forefront, committed to delivering cutting-edge solutions and fostering the growth of the digital asset landscape. For more information regarding the VENOM listing or to engage with the platform’s services, users are encouraged to visit the official OKX website or download the app.
The crypto community awaits with anticipation as VENOM makes its debut on the OKX spot market, marking another milestone in the journey of cryptocurrency adoption and market expansion.
Image source: Shutterstock
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