OKEx, the Malta-based leading one-stop cryptocurrency exchange just added TRON Foundation’s very own JST on their listing.
OKEx users may now start buying, selling, and managing everyone’s stablecoins JST on their accounts. Let’s get to know more about OKEx and see what sets them apart from the other exchanges.
$JST @DeFi_JUST, the everyone’s #stablecoin. is now listed @OKEx. Trade now: https://t.co/6hJWQIC00g
Learn more about $JST: https://t.co/cRXkgXh91H pic.twitter.com/2LP768tN5H
— OKEx (@OKEx) August 28, 2020
What is OKEx?
OKEx is one of the leading digital assets exchanges and they have been providing advance financial services to traders globally using their blockchain technology.
The Malta-based exchange was founded in 2017 and they currently serve over a million users in over 100 countries and they have over a hundred different tokens and futures trading pairs on their exchange.
With their impressive listing of over a hundred cryptocurrencies, OKEx has been focusing primarily on their users’ security and they provide a safe, reliable, and stable environment for cryptocurrency trading via the web interface and mobile app by adopting GSLB and distributed server clusters.
One thing sets their exchange apart from the others, are they invent and develop products according to their users’ needs and suggestions for the improvement of their cryptocurrency exchange. This makes them one of the leading exchanges when it comes to coins and tokens.
What can you do at OKEx?
Convert over 30 fiat currencies into a number of tokens and coins which includes, Bitcoin, Tether, and Ethereum. OKEx users can also diversify their investment portfolio using advanced tools for mining, holding, and cryptocurrency management.
OKEx has their own OKEx Academy which provides users guides and analysis from top-level traders and experts to help their users increase their knowledge about cryptocurrency trading.
OKEx is also the home of their global utility token OKB which was issued by their OK Blockchain Foundation with a total of 300 million and they also have their very own DeFi Lending Marketplace on OKEx, which is the first hybrid lending aggregator of DeFi and CeFi in the industry and it is a new way on how to borrow cryptocurrencies on their platform.
Here we go – #DeFi Lending Marketplace on @OKEx.
It’ll be the first hybrid lending aggregator of #DeFi & #CeFi in the industry, with @compoundfinance integration on the way.
We’re here to redefine #crypto lending experience: https://t.co/xQiqoHhICs pic.twitter.com/QTfVjGoIws
— Jay Hao @OKEx (@JayHao8) August 29, 2020
What is JST?
JUST is the TRON-based lending platform and JST is its stablecoin. Users can stake their TRX via JUST’s CDP portal to generate USDJ.
A stablecoin pegged to USD at a 1:1 ratio. $JST can be used for paying interest, platform maintenance as well as other activities on the blockchain.
With JST being listed on the OKEx, this would definitely be a big boost for two leaders in the cryptocurrency industry, and having mentioned the features above, it will definitely engage more users for the OKEx and start trading JST and TRX on their accounts.
For more news and updates, see Tron Spark.
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