DUBAI, United Arab Emirates, June 13, 2023 (GLOBE NEWSWIRE) -- OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of June 13, 2023.
OKX Lists Suiswap Spot Pair
Suiswap (SSWP) - the native token that powers the Suiswap DEX and token exchange - is now live on OKX's spot market, giving users the ability to trade SSWP against USDT - via the SSWP/USDT pair. To learn more, click here.
Suiswap is a decentralized exchange (DEX) and token exchange built on the Sui blockchain. Earlier this week, OKX Wallet announced that it is integrated with Sui, enabling web and mobile users to trade and swap even more tokens - via cross- and multi-chain methods - across the Sui network.
Sui is a Layer-1 blockchain that is permissionless and designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in Web3.
OKX Concludes 20th Round of OKB Buy-Back and Burn Program
OKX has concluded the 20th round of its OKB Buy-Back and Burn program, which ran from March 1, 2023 to May 31, 2023. During this period, OKX purchased and burned 5,497,312.77 OKB tokens - worth approximately USD$258 million - from the secondary market.
As part of its OKB Buy-Back and Burn program, which was launched in May 2019, OKX has purchased and burned a total of 64,042,314.70 OKB, leaving 235,957,685.30 OKB in circulation.
To provide transparency on the program's progress and enable users to track OKB's circulating supply, OKX issues reports on all of its token burn activities, specifying the amount of OKB burned, the date range and details of the token burn address. Details on the most recent OKB token burn can be found here.
OKB is the utility token that fuels the OKX ecosystem. Users who hold OKB enjoy a wide range of benefits, including trading fee discounts of up to 40%, the ability to participate in OKX Jumpstart token sales and more.
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About OKX
OKX is the second-largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.
