Second Largest Exchange OKEx Launches New Innovative Features

OKEx announced the swap of the Six Domain Asset (SDA) mainnet has been completed. Also, it launched an instant messaging service for OTC


OKEx has announced that the swap of the Six Domain Asset (SDA) mainnet has been completed. The exchange says it has registered all the tokens to the mainnet for its users, and will soon start opening the depositing and withdrawal of NULS.


SDA is a token developed by Six Domain Chain. They believe that the Internet of Things (IoT) data from the world should be shareable via a fast and cost-effective digital blockchain network.

The Launch of Instant Messaging Service

The Malta-based digital asset exchange, OKEx also announced the launch of an instant messaging service on its over-the-counter trading platform (OTC).

The new innovative feature will allow users to post orders where they can indicate exchange rate and payment methods for buying or selling digital currencies. This service could help to create better communications between buyers and sellers.

Features of The New Service

It will allow traders to send and receive messages in real-time with the counter-party. Whether at or on OKEx’s mobile application, which ultimately streamlines the whole trading process. Users can receive alerts and updates through their mobile phones if they enable push notifications.

Users can also now buy cryptocurrencies like Bitcoin and Ethereum, with fiat currency anytime on OKEx’s OTC platform without the risk of meeting the seller. And vice-versa.

OKEx has also introduced something called Designated Merchant program. Users must, however, meet certain requirements like passing KYC level 3 and having over 90% transaction completion rate. These people can apply to be a designated merchant. They enjoy unique benefits like dedicated customer support.

OKEX fee-free OTC platform now offers fiat currencies like the Vietnamese Dong (VND) and China Renminbi (CNY). Earlier this week, they launched a new crypto derivative product called Perpetual Swap. It is is a virtual derivative that lets users speculate on the future value of BTC/USD, according to OKEx’s index.

These new developments are coming as the price of bitcoin is increasing. Also, many people are expecting it reach 2017 highs. The world’s second-largest stock exchange, Nasdaq, also confirmed plans to launch Bitcoin Futures in the first half of 2019.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Akeredolu Feranmi

Akeredolu is a guest author at coinpedia. He explores and writes about crypto coins, the latest updates, and more.

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