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Cryptocurrency News Articles

OKX Lists Venom Network's VENOM Token on Spot Market

Mar 22, 2024 at 06:07 pm

OKX, a prominent crypto exchange and Web3 technology provider, has announced the listing of Venom Network's VENOM token on its spot market. Effective March 25th at 8:00 AM (UTC), OKX users can trade VENOM against USDT. Deposits for VENOM commenced on March 22nd at 10:30 AM (UTC). VENOM powers the Venom Network, a scalable blockchain solution tailored for real-world applications. Its advanced architecture and technology ensure high performance and security, making it an optimal platform for decentralized applications.

OKX Lists Venom Network's VENOM Token on Spot Market

OKX to List Venom Network's VENOM on Spot Market

DUBAI, UAE - March 22, 2024 - OKX, a leading cryptocurrency exchange and Web3 technology company, today announced the listing of Venom Network's VENOM token on its spot market.

Effective March 25 at 8:00 AM (UTC), OKX users will be able to trade VENOM against USDT. Deposits for VENOM were enabled earlier today at 10:30 AM (UTC).

VENOM is the native token of the Venom Network, a scalable blockchain solution designed for real-world applications. Its unique architecture and technology provide high performance and security, making it an ideal platform for decentralized applications.

About Venom Network

Venom Network is a Layer 1 blockchain protocol that leverages a novel consensus mechanism called "Proof of Venom" (PoV) to achieve high throughput and low latency. Its features include:

  • Scalability: PoV enables Venom to handle thousands of transactions per second, making it suitable for demanding applications.
  • Security: Venom utilizes a multi-chain architecture and Proof-of-Work (PoW) for additional security.
  • Interoperability: Venom is compatible with Ethereum Virtual Machine (EVM), allowing developers to easily port existing dApps to the network.

About OKX

OKX is a global cryptocurrency exchange and Web3 technology company that provides a comprehensive suite of services, including:

  • Spot Trading: Trading of a wide range of cryptocurrencies against fiat currencies and stablecoins.
  • Derivatives Trading: Access to futures, options, and perpetual swaps for advanced trading strategies.
  • NFT Marketplace: A platform for buying, selling, and creating non-fungible tokens (NFTs).
  • Wallet: A secure and user-friendly digital wallet for storing, sending, and receiving cryptocurrencies.

OKX is committed to providing its users with a seamless and secure trading experience. The exchange maintains industry-leading security measures and undergoes regular third-party audits to ensure the integrity of its platform.

For more information, please visit the OKX website or contact Media@okx.com.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Oct 30, 2024