Hedge developing new trading platform, soon to open up

Hedge's Blocktrade.com opening up for a pre-registration in March 2018, will begin trading in Q1 2018
26 February 2018   809

A new EU-based cryptocurrency exchange Blocktrade.com will open up in March 2018 for a pre-registration. Registered users will have a priority in opening trading accounts and will have an exclusive navigation access for a web-service and Android and iOS mobile apps.

The platform is under development by the team of cryptocurrency index provider Hedge. The new exchange promises to give top of the line trading facilities for digital assets and other blockchain related fintech instruments. Hegde even registered for starring at Money 20/20 Asia with the presentation of their new platform.

Their site promises Blocktrade.com to be state-of-the-art trading platform with order-matching and settlement engine far faster than the current industry standard by order of magnitude. They claim processing more than 10 thousand operations per second to be not an issue while still maintaining the high security standards. The «Swiss security levels» and full compliance with any and all regulations is also a great boon the claimed stability and longevity of the platform. The company even passed the registration hurdles and is now officially known as Blocktrade AG. The exchange platform will be up and operational in the Q1 2018, so we' don't have to wait too long to see if the claimed performance and security are really up to the task.

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   91

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.