Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptoknowmics 2022-04-01 12:14:17

Crypto Exchange OKX Introduces Trading Pairs

The Seychelles-based cryptocurrency exchange OKX has begun offering trading pairs for Terra’s UST with Bitcoin (BTC), Ethereum (ETH), and native tokens of Solana (SOL), Avalanche (AVAX). On April 1, 2022, the crypto exchange giant shared an announcement on its official website stating, “OKX is pleased to announce the listing of BTC/UST, ETH/UST, SOL/UST, AVAX/UST on our spot trading markets as we continue to support the development of the Terra ecosystem.” CEO of OKX, Jay Hao took to Twitter to share the announcement as well. Hey #Lunatics, $UST trading pairs will be available on #OKX 🌕 Here we go! @TerraBitesPod @stablekwon https://t.co/ActT8BjHrI — Jay | OKX CEO (@Jay_OKX) April 1, 2022 Further continuing about spot trading, the firm also mentions the timings of the trading pairs going live, “Spot trading for BTC/UST, ETH/UST, SOL/UST, AVAX/UST will start at 6:00 am UTC on Apr. 1, 2022.” Last month, as part of the ever-evolving Terra ecosystem, the OKX announced the addition of the trading pairs to its spot trading markets. These pairs include BTC/UST, ETH/UST, SOL/UST, and AVAX/UST. About TerraUSD TerraUSD (UST) is one of the two tokens that are added to the Terra ecosystem, and the other token is LUNA. Due to the fact that the value of Terra is 1:1 with respect to the US Dollar, UST become the largest decentralized stablecoin in the particular ecosystem. Additionally, UST contains a market capitalization of $16 billion. I...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.