OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OKB is a global utility token issued by the OK Blockchain Foundation. The total available supply of OKB will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years.
The aim of BQT is to build a community and culture of Crypto Traders utilizing the Platform, helping the community and benefiting from the community. BQT Exchange Platform provides secure, interactive and flexible Social Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets. BQT platform allows traders globally to negotiate their Crypto Asset trades directly interacting with each other and sharing their experience with the community. To leverage holdings of various Crypto Assets, BQT introducing the revolutionary Hedge Trades system. BQT Hedge Trade system is a flexible leverage trade method for Traders of acquiring Crypto Assets for a short-term period by means of escrow of their existing Crypto holdings. This revolutionary approach allows Crypto Traders leverage their Crypto Holdings through risk-adversed hedged leverage offers for BQTX community of traders. In addition, BQTX exchange provides Social Trading Channels capability for traders to share their trade success with the community as well as compete with other channels. Another important part for BQTX Exchange is continuously educating our community of traders. We designed unique BQT University educational courses certified by some of the top experts. To assure secure flexible trading environment, BQT is releasing BQTvault. io — crypto wallet / asset custody service for traders and crypto holding organizations.