Unocoin Launched Cryptocurrency Exchange

"India's leading cryptocurrency and blockchain company" launched multicoin cryptocurrency exchange
01 February 2018   687

Unocoin has announced the launch of a multi-currency cryptoexchange based on its bitcoin applications for iOS and Android. Now, Bitcoin Cash, Ripple, Ethereum and Litecoin are also available on the site.

Users can buy and sell crypto-currencies, as well as make deposits and withdraw funds using an account on the exchange. The platform works according to the market-making model and uses stop-limit orders. In addition, the commission is 0.4% of the transaction amount. The message also notes that in the future on-site support for new coins will appear.

Mobile applications Unocoin for iOS and Android were launched in October 2016. In September of 2017, the bitcoin-wallet team Blockchain. info also announced a strategic partnership with Unocoin. In addition, on Friday, January 12, bitcoin-purse added support for the Segregated Witness protocol and provided users with new bitcoins-addresses.

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   110

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.