Crypto Exchange OKEx Adds Support For More DeFi Tokens To Expand Its Offering
OKEx, a popular cryptocurrency exchange and trading platform, has decided to add support for a few more cryptocurrency token types for its DeFi offering.
New Tokens include PERP, VELO, ALPHA and CFX, respectively. As of now, all of these tokens are readily available to trade on the OKEx platform. Users and traders can now take advantage of the core benefits from these products during this short promotion, which also includes an opportunity to earn a share from the USDT prize pools and also win smartphones from Apple.
The PERP is a native token that comes from the Perpetual Protocol, which enables any user to create perpetual contracts for any respective asset like cryptocurrency, Gold, Oil etc. The perpetual protocol provides a bonus of up to 20 times the leverage to users and traders with a complete guarantee of liquidity status. Users also benefit from a quick and easy setup process, a transparent mode of fee and instant deposits and withdrawals without any troubles. PERP is one of OKEx’s staking and governance token.
During the launch of PERP, CEO of OKEx, Jay Hao, stated that they are excited about the new innovations in the market and are proud to support these new products on behalf of their platform to help users trade more easily without any hassle. Adding to that, Jay Hao also said that PERP is a very versatile product that helps in achieving the true potential of trading without any troubles or shortcomings, and we are confident that the increase in adoption will solidify the pillars of the DeFi economy.
Velo, which is a blockchain-established protocol, helps to ensure well-timed and clear asset transfers, providing the ease that users and traders require while also having the option to obtain digital credit for businesses. Alpha Finance Lab is also working hard on building a DeFi ecosystem that helps the transfer of assets and fights the different challenges faced by traders during the adoption of DeFi-based transactions.
Conflux Network is also working on the development of a high-speed public chain that enables secure and reliable transactions with extremely low latency and high data transfer rate without the need of worrying about security issues.
Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.
