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OKEx at Davos: Blockchain Best Placed to Meet the Needs of the Unbanked

News Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain technology as a new motor for the global financial system. Two presentations — delivered by the OKEx Financial Markets Director Lennix Lai on Jan. 22 at the Russia Ho..

Bitcoin Options, Explained

An “option” is a type of derivative contract that gives the owner the option (not the obligation) to buy or sell an asset at a specified price (the strike price) within a predetermined time (the expiry date). While the term “derivative contract” typically conjures ideas of c..

COO Parts Ways With OKEx to Focus on Mass Adoption Through Consultancy

News OKEx chief operating officer Andy Cheung announced Jan. 7 that he has resigned from the cryptocurrency exchange to form a new blockchain consultancy institute called Bitwork. The entrepreneur’s stated goal is to help projects connect to markets and drive mass adoption. Helping create quality ..

Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020

New Year Special The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed to as low as $3,800, leaving numerous experts to paint a gloomy p..

OKEx Launches Bitcoin Options Trades for Select Clients Ahead of January Launch

News Malta-based cryptocurrency exchange OKEx has launched Bitcoin (BTC) options trading for a select group of traders ahead of a public launch in January 2020. In a press release shared with Cointelegraph on Dec. 26, the exchange — currently ranked third-largest by daily trading volume globally —..

OKEx Debuts Dai Stablecoin Staking Bonus as Tether Dwarfs Volumes

News Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings. In a blog post on Dec. 17, OKEx confirmed users can now stake their Dai via its in-house mining pool, Pool. In return, they will e..

Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD

News Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD). Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD..

Cryptocurrency Exchange OKEx to Launch Options Trading This Month

News Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. In a press release on Dec. 9, the exchange said that the addition of options makes OKEx the “first crypto exchange to offer C2C, spot, futures, perpetual swap, and options trading under t..

To Thrive, Crypto Exchanges Huobi and OKEx Aim for Chinese Govt. Embrace

Many cryptocurrency exchanges left China after the fall of 2017, when the Chinese government launched a market-moving crackdown on domestic crypto trading platforms. Since then, many such companies moved abroad, but some exchanges stayed — or at least used various workarounds to stay open to Chines..

OKEx Secures Support From Four New Partners for Its Utility Token OKB

News Malta-based cryptocurrency exchange OKEx has secured support from four new partners, including hardware crypto wallet Ledger, for its utility token OKB. OKEx announced the news in a press release shared with Cointelegraph on Nov. 22, detailing that it had partnered with Ledger, Vietnam-based ..

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