OKCoin to Move to European Market

Users can already trade Bitcoin, Ethereum and Bitcoin Cash in pairs with Euro and company had already opened office at Malta
06 June 2019   1463

The Chinese cryptocurrency exchange OKCoin announced its entry into the European market and has already opened spot trading for couples with the euro.

In particular, users can already trade Bitcoin, Ethereum and Bitcoin Cash in pairs with European currency.

It is noteworthy that customers will be able to carry out the input / output of cryptocurrency without commissions until September 4.

Europe is essential to the evolution of the cryptocurrency markets. It is home to many progressive ideas for innovating and disrupting the status quo of the global financial system while maintaining a balanced regulatory approach. We are very pleased to bring digital asset trading to the European market in a secure and reliable manner, enabling users to trade digital assets for euro easily and safely.

Jovan Gavrilovic 

General Manager of Europe, OKCoin

In addition, the exchange announced the opening of a new office in Malta. The company notes that thanks to the favorable regulatory environment in this jurisdiction, OKCoin will be able to quickly and safely list tokens and add new options for EU residents.

In doing so, the Maltese division of the company will be regulated by the local financial services authority.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1029

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.