Global cryptocurrency exchange OKX has revealed plans to list Venom Network’s native VENOM token on its spot trading platform. Starting March 25, 2024, at 8:00 AM UTC, users can trade VENOM against USDT (Tether) via the VENOM/USDT pair. Deposits for the token were enabled on March 22, allowing traders to prepare ahead of the listing.
Why This Listing Matters
Venom Network is recognized for its scalable blockchain architecture, designed to support real-world decentralized applications (dApps). Its technology emphasizes high throughput, security, and adaptability, making it a compelling choice for developers and investors alike.
OKX’s decision to list VENOM aligns with its mission to broaden trading options for its 50 million+ global users. The exchange combines liquidity, speed, and regulatory compliance, reinforcing its position as a leader in the crypto trading ecosystem.
Strategic Partnerships and Innovations
Beyond this listing, OKX continues to strengthen its industry influence through high-profile collaborations, including partnerships with:
- Manchester City FC (English Premier League champions)
- McLaren Formula 1 Team
- F1 driver Daniel Ricciardo
These alliances bridge sports, entertainment, and Web3, offering unique fan engagement opportunities.
Additionally, OKX’s ecosystem features:
- OKX Wallet: A gateway for trading GameFi, DeFi, and NFTs across multiple blockchains.
- Monthly Proof of Reserves: Enhancing transparency and user trust.
How to Participate
- Deposit VENOM (already live since March 22).
- Start trading on March 25 via the VENOM/USDT pair.
FAQs
1. What is Venom Network?
Venom Network is a high-performance blockchain optimized for dApps, offering scalability and low transaction costs.
2. When does VENOM trading begin on OKX?
Trading starts March 25, 2024, at 8:00 AM UTC.
3. Can I deposit VENOM before the listing?
Yes—deposits opened on March 22.
4. Why is OKX listing VENOM?
The listing diversifies OKX’s spot market offerings, catering to demand for innovative blockchain projects.
5. How does OKX ensure security?
OKX publishes monthly Proof of Reserves and adheres to strict regulatory standards.
Final Thoughts
This listing underscores OKX’s role in driving crypto adoption while providing users access to cutting-edge assets like VENOM. As the market evolves, OKX remains a pivotal platform for secure, innovative trading solutions.
For updates, visit OKX’s official website or download their app.
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