OKEx Adds Support for the Vietnamese Dong on Its Fiat-to-Crypto Platform

OKEx Adds Support for the Vietnamese Dong on Its Fiat-to-Crypto Platform
фото показано с : bitcoinmagazine.com

2018-11-14 21:54


Malta-based cryptocurrency exchange OKEx has added the Vietnamese Dong (VND) on its Customer-to-Customer (C2C) trading system, enabling Vietnamese customers to exchange their fiat currency for tokens on the platform.

The C2C platform was created by OKEx in 2017 as a peer-to-peer platform where users can buy and sell cryptocurrencies using fiat currencies. OKEx’s Head of Operations Andy Cheung noted that the addition of the VND on the company's fiat-to-token platform would drive the adoption of cryptocurrencies in Vietnam.

“Vietnam is one of the most important blockchain hubs in Southeast Asia. We see a significant growth in the use of cryptocurrencies in this market,” Cheung added.

Trades made on the C2C platforms won't incur any transaction fees, according to the release. The exchange also plans to introduce market makers (merchants) in the future.

Merchants are verified traders who have enough reserves to facilitate transactions on the platform. The digital asset platform requires a security deposit from qualified merchants before they can be accepted on the platform.

According to the company's website:

"Market makers help serve a larger number of crypto enthusiasts and hence support a high trading volume. OKEx examines every merchant on the C2C platform. Every merchant on the platform needs to declare their digital assets which must exceed OKEx’s internal requirements to get qualified and to trade."

OKEx, which recently dislodged Binance as the largest crypto exchange by trade volume, added four stablecoins to the list of assets available for trading on its token-to-token platform in October 2018. The exchange also announced its expansion to the U.S., having secured money transmittal licenses (MTLs) from 20 states across the U.S., excluding New York and Washington, D.C.

This article originally appeared on Bitcoin Magazine.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Sharpe Platform Token (SHP) на Currencies.ru

$ 0.0004599 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0004599 - H: $0.0004599
Капитализация $8.007k Rank 99999
Цена в час новости $ 0.0780798 (-99.41%)

platform okex exchange c2c market added trading

platform okex → Результатов: 48


OKEx Exchange Launches Ethereum (ETH) Based Perpetual Swaps for Crypto Traders

It has been an interesting and, albeit belated Christmas for cryptocurrencies. An example of this includes OKEx, the cryptocurrency trading platform based in Hong Kong. The company has made it public that perpetual swaps of Ethereum (ETH) will be readily available on its platform as of December 26th (Boxing Day). This sequence of announcements were […]

2018-12-29 23:48


Фото:

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43


Фото:

OKEx Delists More Than Fifty Underperforming Trading Pairs From Its Platform

The Hong Kong-based cryptocurrency exchange, OKEx, announced on October 25, it will be delisting more than 50 underperforming trading pairs. Delisting Will Only Affect Trading Pairs – Users Can Still Keep Their Assets According to the press release, the exchange plans to remove trading pairs with weak liquidity and trading volume, based on the “OKEx Token […] OKEx Delists More Than Fifty Underperforming Trading Pairs From Its Platform was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-30 15:59


Фото:

Huobi Joins OKEx in Adding Four New Stablecoins

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).

2018-10-17 21:15


Фото:

Binance Follows OKEx In Setting Up Malta Security Token Exchange

Cryptocurrency exchange Binance has signed a deal with the stock exchange of its new home Malta to host traditional assets using blockchain-based security tokens. Malta ‘Taking The Helm’ In a press release September 11, MSX, the fintech and digital asset subsidiary of the Malta Stock Exchange confirmed it had signed a memorandum of understanding (MoU) with Binance to launch the security tokens trading platform.

2018-9-11 20:00


Фото:

The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card […] The post The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango appeared first on Bitcoin News.

2018-8-10 12:55


Malta SE, OKEx, and Fifth Force To Launch A Blockchain-Powered Trading Platform

The Stock Exchange in Malta is going after the successful security token industry with new collaboration unveiled on Thursday to launch blockchain powered trading platforms. With the new partnership in sight, the stock exchange has signed a memorandum of understanding (MOU) with OKEx, which is one of the world’s largest cryptocurrency exchange platforms and Fifth […] The post Malta SE, OKEx, and Fifth Force To Launch A Blockchain-Powered Trading Platform appeared first on ZyCrypto.

2018-7-20 14:54


Фото:

Malta stock exchange partners should launch the Security Tokens Platform with OKEx

Thanks to such accommodating legislation, cryptocurrency companies like Binance and OKEx have flocked to the country to build out their services. Helping to further build these services, the Malta Stock Exchange (MSE) just announced the launch of its MSX PLC, an investment vehicle that will partner with leading crypto exchanges to create joint ventures in

2018-7-20 01:04


A Creative Incentivized Platform or Just Another Disguised ICO? The CoinBene Debate

Ardent crypto fans have noticed that a new king has taken over the crypto exchange scene – and he brought some friends. With Binance and OKEx having been the undisputed leaders – with the crown switching regularly between the two – the status quo had become virtually unchallenged. Huobi came in third, with Bitfinex, Upbit, […]

2018-6-28 18:00