Author: chainwire

London, UK, November 6th, 2023, Chainwire

Memeinator, the meme coin on a mission to reach a $1B market cap, is going from strength to strength, with the presale having already raised $1M in under 4 weeks. Stage 5 tokens look to be selling out imminently and will see the price increase from $0.0125 to $0.0133 for stage 6.

This puts Memeinator on track for an early 2024 listing, with several rumors circulating further the recent Blockchain Live conference of prominent exchange listings in the pipeline.

The team has also announced the release of the much-anticipated referral programme that pays out investors up to 15% on referral fees, much to the delight of the Memeinator “Resistance” community”; a cohort of crypto degens hoping to stir up a revolution in the meme coin trading market.

In a recent statement the community manager Dylan Lee, shared that:

“we’re really happy with the explosive growth of the Memeinator brand as it’s exactly what is needed to drive this presale to close and to get us out and traded on the biggest exchanges. Our roadmap is 100% on track and we’ve just released our referral program, merch store, and the creative team just dropped a rather special product concept video as part of our viral marketing strategy. Seeing the presale pass the $1M has only increased the drive in our team. We can’t wait to share more updates on the presale progress.”

A mission to become a crypto disruptor

Memeinator makes no secret that its goal is to disrupt the meme coin trading space and has publicly stated that the project team’s goal is to hit a $1 billion market cap, which would put it up there with its rivals Dogecoin and Shiba Inu.

The team’s strategy, as outlined in their whitepaper, is to use powerful marketing techniques to drive international investment and eventually list the project on Tier 1 exchanges. The community manager Dylan Lee has also been actively promoting the project at recent blockchain conferences in London and Dubai.

The project is not without utility, but this is paired back as an antithesis to the many meme coins overpromising on complex tech that has not as yet been delivered. The project is developing an AI based on sentiment analysis that will fuel the meme coin ‘enemies’ forecasted to appear in the upcoming game launch due in early 2024 “Meme Warfare: Episode 1 – The Memeinator Chronicles”. The action-packed game will reward MMTR token holders with a variety of exclusive features, but also generate rewards from what is hoped to be a heavy web2 presence that can feed back into the project in its journey to the top traded meme coin charts.

This makes strategic sense, given the enormous popularity in the growing GameFi space that is expected to exceed $90 billion in revenue over the next 7 years. If the Memeinator can grab a slice of the pie, it might certainly indicate a long-term potential for MMTR that could see a positive impact on the market cap in the next bull run.

The efforts have been noticed, with prominent influencers including the well-respected No BS Crypto channel having published reviews including the recent “The Only Meme Coin Worth Buying In 2023? (Pepe Coin Killer!)” video on YouTube. 

In order to guarantee the project’s trustworthiness and security, Memeinator underwent a thorough audit conducted by Solid Proof. Since 2020, Solid Proof has been diligently auditing emerging blockchain projects. Operating from Germany, the audit specifically evaluates project protocols, reliability, smart contracts, and performs KYC assessments for the project team. This places Memeinator in the company of esteemed audits conducted for projects such as UNCX, Shopping.io, and ZyberSwap.

The project is currently in Stage 5 of its raise, and MMTR tokens are priced at $0.0125. The price will increase to $0.0485 – an overall increase of 288% – before listing on exchanges; this is due in early 2024. The explosive growth of the brand has seen Memeinator make it to position one on a number of news sites including Banklesstimes and CoinJournal in their crypto rankings.

About Memeinator

Memeinator is the antidote to the hundreds of throwaway meme coins that lack any legitimate utility. With its deflationary token, engaged community, expertly crafted NFT collection, and AI-powered video game, it offers real innovation instead of just hype. Its purpose is to eclipse its rival meme coins. And, on the way, deliver strong returns to its community via both trading its MMTR coin and staking, before smashing the $1 billion market cap.

For more information and to buy Memeinator (MMTR) visit the website.

Website | Whitepaper | Socials

Contact

Memeinator Team
Memeinator
pr@memeinator.com

Singapore, Singapore, November 3rd, 2023, Chainwire

Bluzelle, a leading Layer 1 blockchain platform, is excited to announce a major expansion into the dynamic realm of the Creator Economy. Over the past two years, Bluzelle has invested significantly in Research and Development, and today, they reveal their vision for empowering content creators and innovators within the Creator Economy.

The Creator Economy is a rapidly evolving ecosystem, comprising a diverse range of content creators, including artists, musicians, gamers, social media influencers, and AI-assisted content generators. Bluzelle recognizes the unique needs of this vibrant community and is committed to providing cutting-edge solutions to safeguard and authenticate their creations.

“We are thrilled to unveil a new chapter in the Bluzelle journey, one that combines both our past and our future; while also pushing the boundaries of blockchain technology,” said Bluzelle’s CEO, Pavel Bains. “Bluzelle’s mission is to serve as a catalyst for the Creator Economy, offering technology, trust, and creativity to foster innovation within Web3 space.”

The Creator Economy, estimated to reach $480 billion by 2027, is driven by factors such as increased consumption of digital media and advancements in technology. Bluzelle’s vision includes efforts toward supporting this ecosystem of creators by tokenizing user generated content (UGC) into Social NFTs on its Layer 1 Blockchain. With this move Bluzelle will enable creators to definitively prove their authorship and securely monetize their content. Bluzelle will support Social Finance (SocialFi), a groundbreaking concept that merges social media and DeFi, allowing creators to unlock the inherent value of their content.

With this expansion, Bluzelle’s ecosystem products are set to play a pivotal role.

Bluzelle’s decentralised storage layer, R2, will secure content, while Capella will facilitate the creation, minting, tokenization, and trading of content as NFTs. Through the Inter-Blockchain Communication (IBC) protocol, Bluzelle will reshape the content landscape, transforming it into a dynamic financial marketplace where content becomes both a source of inspiration and a financial asset.

The Utility of Bluzelle’s $BLZ Token in the Creator Economy

Bluzelle’s $BLZ token is poised to play a pivotal role in the Creator Economy’s success story. It will serve as the foundation for securing content, creating and trading NFTs, and integrating SocialFi, enabling new revenue streams for creators. $BLZ token holders will have the opportunity to stake tokens, participate in exclusive NFT drops, gain early access to in-game NFT drops, and contribute to ecosystem governance. Additionally, fees generated on the platform will be redistributed for staking and community rewards. Holding $BLZ tokens will also empower users to mint their content as NFTs and trade them within the Bluzelle ecosystem.

Bluzelle’s commitment to the Creator Economy and SocialFi will redefine how creators interact with their audiences and monetize their content, ushering in a new era of innovation and financial empowerment.

About Bluzelle

Bluzelle, the Layer 1 blockchain for the Creator Economy, is revolutionising the internet of creators by offering complete control over their content. Their open and inclusive platform enables users to create, connect, and collaborate seamlessly, breaking free from the constraints of centralised social platforms. Bluzelle defines itself as the robust layer reshaping the way we interact within the world of SocialFi.

Contact

Dan Edelstein
PR@marketacross.com

Georgetown, Cayman Islands, November 2nd, 2023, Chainwire

Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos.

This collaboration is poised to bring significant benefits to users of both platforms, signaling that this transformative partnership is set to reshape the world of DeFi. The integration of Kava Chain’s capabilities with Injective’s revolutionary DeFi technology is set to offer a host of advantages for both platforms, including Enhanced Trading Opportunities, Improved Liquidity, and Cross-Chain Flexibility.  

“The introduction of stable asset interoperability is a major boon for the Injective ecosystem. USDT stands as a cornerstone within the broader crypto industry, and the extension of Kava’s USDT offering will serve as a major milestone for the community,” said Eric Chen, Co-Founder and CEO of Injective Labs.

The choice of Kava Chain’s native USDT for Perps Trading exemplifies the mutual benefits that this partnership brings, offering users the best of both worlds and enriching the DeFi experience for traders, investors, and developers alike. Together, they are poised to reshape the possibilities within the decentralized finance sector.

“We are thrilled that Injective has chosen the Kava Chains native USDt for perps trading. This partnership with Injective is a testament to our commitment to fostering innovation and access within DeFi. We are excited to offer our users the powerful tools and capabilities that Injective brings to the table,” said Scott Stuart, Co-Founder and CEO of Kava Labs.

Tether’s decision to integrate USDt natively on Cosmos in July 2023, using the Kava Chain as a hub, has since brought accessibility and financial stability to users and developers within the Cosmos ecosystem. After Osmosis, Injective is the 2nd tier-1 Cosmos protocol that is adopting Kava’s natively issued USDt, therefore simplifying the process, and offers a streamlined, efficient mechanism for stablecoin liquidity provision and transfer between the Cosmos and Ethereum ecosystems.

For more information about Injective and Kava Chain and its benefits, please visit their respective websites.

For more updates, follow Kava Chain on X (fka Twitter).

About Kava

Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide. 

About Injective

Injective is a lightning-fast interoperable Layer-1 blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera, and Mark Cuban.

Contact

Media Manager
Guillermo Carandini
Kava
guillermo.carandini@kava.io

Amsterdam, Netherlands, November 1st, 2023, Chainwire

This year’s Solana Breakpoint conference was the venue for a landmark announcement by io.net, which confirmed the beta launch of what it calls the world’s largest decentralized AI compute cloud.

On November 3rd, COO Tory Green and Head of Business Development Angela Yi will announce the public beta launch of io.net at the main stage of Solana Breakpoint. Once io.net launches to the public, engineers and GPU suppliers will be able to onboard themselves onto the network.

The news represents a beacon of opportunity for cryptocurrency miners in possession of underutilized GPUs, as well as clients requiring a scalable and affordable computing solution amid rising costs.

“This is a monumental moment for io.net and the entire decentralized computing community,” said Founder and CEO Ahmad Shadid. “We are not simply launching a platform, we are pioneering a global movement towards optimal utilization of computational resources.

“Our vision has always been to bridge the gap between underutilized resources and rising computational demands facing AI and ML engineers, not to mention crypto miners. I believe we can make a significant contribution to the AI revolution over the coming months and years.”

With deployment speeds of less than 90 seconds, io.net will enable ML and AI engineers to deploy massive enterprise-level clusters to power models for training and inference.

At Breakpoint, Yi and Green revealed that the network already boasts 107K committed GPUs, which are set to be rolled out in stages. Current figures underscore the platform’s pre-launch success, with demand for 23K GPUs and growing. 

Ahmad credits such impressive stats to the fact that io.net is “providing an effective solution to a real problem for both clients and suppliers.” io.net is said to be up to 90% more cost-effective than traditional GPU providers such as AWS and Azure.

The company confirmed that its DePIN platform would undergo continuous testing and updates, ensuring top-tier performance and reliability for users.

About io.net

io.net is a state-of-the-art decentralized computing network that offers unmatched compute power for large-scale AI startups. Among other benefits, it allows machine learning engineers to access distributed cloud clusters at a fraction of the cost of comparable centralized services.

Contact

Jeff Broth
pr@marketacross.com

London, United Kingdom, October 27th, 2023, Chainwire

 Fans Can Compete to Win a $1,000,000 Jackpot with Roobet.fun’s free NPB Pick’em Contest  

Roobet, the pioneering entertainment company and next-generation crypto brand, is thrilled to announce its official launch in the Japanese market. 

This exciting expansion coincides with the highly anticipated season opening of the Nippon Professional Baseball League (NPB) on October 28. As the season kicks off, Roobet is ready to bring a fresh wave of innovation and excitement to Japanese sports and esports enthusiasts.

To celebrate, Roobet is hosting a $1,000,000 Pick’em contest on Roobet Picks, the company’s free-to-play platform. Baseball and esports fans can participate to test their sports knowledge, make predictions, and compete for life-changing prizes – at no cost, other than perhaps a bruised ego.

The Roobet brand has a proven commitment to fostering crypto and web3 innovations, curating a strong sense of community empowered by competitive connections, and leveraging cutting-edge technologies to make experiences seamless and fun. Roobet.fun, as a pillar brand, exemplifies this mission by providing a player-centric, free-to-play experience on an immersive and secure platform.

A Roobet spokesperson stated: “We couldn’t be more excited to bring Roobet to Japan! Japan has a rich gaming and esports culture, and we’re here to pioneer completely new ways for Japanese fans to engage with their favorite sports and esports. Our $1,000,000 Pick’em contest is just the beginning of what we have in store for our friends all across the world – get ready!”

The million-dollar Pick’em contest is set to become a highlight in the Japanese gaming calendar, but Roobet Picks has more to offer – with a wide array of predictor quizzes covering various competitive sports globally, including the Nippon Professional Baseball League (NPB), the US’ National Football League (NFL), Ultimate Fighting Championship (UFC), boxing, the English Premier League (EPL), and esports such as the Roobet Cup and a Daily Game, with more leagues and competitions to be added soon.

With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto gaming space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.

ABOUT ROOBET

Roobet is creating a space for every type of gamer. What started as a haven for crypto enthusiasts has hit the mainstream: with over 300M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet is a brand “for the internet, by the internet.”

Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto casino space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming. 

*Roobet.fun is available in Japan and worldwide except the United Kingdom, Australia, North Korea, Ukraine, Romania, Serbia, India, Philippines, Malta, and Iran, and in all US states and territories except Kentucky, Florida, New York, Washington and Nevada.

Contact

Roobet
media@roobet.com

Zug, Switzerland, October 25th, 2023, Chainwire

Today, The Open Network Foundation (TON Foundation) has announced a strategic alliance with Mantle Network, a leading Ethereum Virtual Machine (EVM) Layer 2 solutions provider. This agreement positions Mantle Network as a principal ally to TON Foundation towards more interoperable EVM-compatible Layer 2 blockchain capabilities on TON.

A wrapped version of $MNT, $jMNT, is now accessible for trading and liquidity provisions on STON.fi, a cross-chain decentralized exchange (DEX). This wrapped token allows for easier interactions and integrations between Mantle and TON. $jMNT also streamlines access for fluid and expansive trading capabilities between networks.

This comprehensive agreement goes beyond token integration as the two entities will utilize the @community_bot, a Telegram-native toolset for communities, to serve as an education and information distribution platform. This initiative will connect users in Mantle’s Telegram channels and Mantle Ecosystem project channels directly to TON’s thriving community on Telegram. By fostering mutual information exchange and enhanced community interactions, both communities will benefit while building a Web3 ecosystem in Telegram for the messaging platform’s 800+ million monthly active users.

“This initiative with Mantle Network bridges the gap between our communities, establishing a more interconnected and interoperable Web3 ecosystem for Telegram’s large user base, said Justin Hyun, Director of Growth at TON Foundation. “Together, we are equipping users across both ecosystems with the most simple cross-chain experience possible.”

“We are thrilled to find a common purpose with TON Foundation through a strong alliance that will allow the core competency of each to shine and bring the greatest benefits to both communities,” said Jordi Alexander, Chief Alchemist of Mantle. “As TON Foundation’s principal ally towards advancing EVM-compatible Layer 2 blockchain capabilities on TON, we will work hand in hand with TON to help realize the vision of an interoperable multichain future that puts the users at the center.”

About TON Foundation

The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.

About The Open Network (TON)

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets. See more at https://ton.org/.

About Mantle

Mantle Ecosystem comprises an Ethereum layer 2 (L2) — Mantle Network, a decentralized autonomous organization (DAO) — Mantle Governance, one of the largest on-chain treasuries — Mantle Treasury, and an upcoming Ether (ETH) liquid staking product — Mantle LSD: all built on Ethereum. Mantle token is the unified product and governance token of the ecosystem. Mantle’s first core product is Mantle Network, an Ethereum L2. Mantle Network strives to be compatible with the Ethereum Virtual Machine. Mantle Network’s modular architecture separates transaction execution, data availability, and transaction finality into modules — which can be individually upgraded and adopt the latest innovations. Mantle Network is the first L2 to partner with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network is secured by Ethereum. As the world’s first DAO-spawned L2, Mantle Network is pioneering a vision for the mass adoption of token-governed technologies. Mantle token ($MNT) powers Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance. All future Mantle products will likewise be initiated by the Mantle token holder community through vote and powered by Mantle token. To support the next generation of innovators, builders, and developers, Mantle is growing its ecosystem via Mantle Grants Program and Mantle EcoFund, a catalyzed capital pool of $200M.

For more information, please visit

Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHub

Contact

TON Foundation
ton@theagencypartnership.com

Miami, Florida, October 23rd, 2023, Chainwire

Supra, a leading provider of secure, scalable oracles for decentralized applications (dApps), today announced a partnership with Google Cloud to bring fast and reliable price feeds to Web2 and Web3 financial markets. 

The partnership will allow Supra to leverage Google Cloud’s infrastructure and expertise to provide dApps with access to real-time price data from a variety of sources, including exchanges, OTC markets, and various data providers. This will enable dApps to build more reliable and efficient trading applications that are better aligned with the real world. 

“We are honored to partner with Google Cloud to bring our oracle technology to various decentralized financial markets,” said Joshua Tobkin, CEO of Supra. “This partnership will allow us to scale our operations and reach a wider audience of dApp developers. We believe that this partnership will help to accelerate the adoption of decentralized applications in the financial sector.” 

“We are always looking for ways to help our customers get the most out of their data,” said a spokesperson for Google Cloud. “The partnership with Supra will allow dApp developers to access real-time price data from a variety of sources, which will help them to build more reliable and efficient decentralized finance applications.” 

The partnership will initially focus on providing dApps with access to price data from major exchanges, such as Binance, Coinbase, Gate, Gemini, OKX, and Kraken. Among many use cases, Supra will use Google Cloud’s Pub/Sub service to provide reliable and robust delivery of real-time price data to dApps. This will allow dApps to build applications that can react to market changes in real-time with low latency.  

In the future, the partnership will expand to include other types of data, such as order book data and historical price data. This will allow dApps to build a wider range of applications, such as market-making applications and arbitrage applications. 

The partnership is a significant step forward for Supra and Google Cloud. It will help to accelerate the adoption of decentralized applications in the financial sector and make them more accessible to a wider audience of developers at greater speeds and lower latencies.

About Supra

Supra is a leading provider of secure, scalable oracles for decentralized applications. The company’s oracle technology allows dApps to access real-world data from a variety of sources, including cryptocurrency, foreign exchange, equities, and sports venues. Supra is backed by a team of expert researchers committed to building the highest-performing blockchain infrastructure to power the world’s value exchange.

To learn more about Supra and participate in their gamified learn-to-earn program, visit Countdown to Blastoff. Lastly, sign up for the whitelist for an opportunity to be notified in advance of possible future token offerings and for more alpha. 

About Google Cloud Platform

Google Cloud Platform (GCP) is a suite of cloud computing services that runs on the same infrastructure that Google uses for its end-user products, such as Google Search and YouTube. GCP offers a broad range of services, including computing, data storage, data analytics, and machine learning.

Contact

Eli Phoenix
Supra
marketing@supraoracles.com

Zug, Switzerland, October 18th, 2023, Chainwire

Today, The Open Network Foundation (TON Foundation), the non-profit Swiss organization working towards growing a Web3 ecosystem within Telegram, has announced a collaborative endeavor with Blockchain.com, one of the world’s most trusted and popular platforms for retail customers and institutions to buy, sell, and trade cryptocurrency. 

Through this collaboration, Blockchain.com and TON Foundation will make crypto more accessible for the over 800 million monthly active users on Telegram. In September 2023, TON Space, the TON-based self-custody cryptocurrency wallet developed by the team behind Wallet, was made available in the Telegram settings menu for existing users of Wallet outside of the United States.

Starting in November 2023, TON Space will be available by default in the Telegram menu for all Telegram users outside the United States. All existing and new Telegram users, excluding those in the United States, will be able to access their wallets directly from the Telegram menu and enjoy an experience where buying, selling, and trading crypto is as easy as texting.

Toncoin will also be available in Blockchain.com’s 90 million wallets across the globe to facilitate easy onboarding and off-ramping, with transaction pairs for GBP, USD, and EUR. To reinforce their mutual commitment to providing users with best-in-class value, the program includes a limited-time, incentivized campaign for Blockchain.com users to receive an extra $5 USD of Toncoin when they buy $20 USD of Toncoin on the platform.

Separately, yet running in parallel to this incentivization program, TON Foundation will attempt to set a world record for the fastest blockchain on October 31, 2023. This monumental event can be viewed live at live.ton.org, marking a pivotal moment in the blockchain’s history and showcasing the potential of The Open Network.

About TON Foundation

The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation.

About The Open Network (TON)

The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets. See more at https://ton.org/.

About Blockchain.com

Blockchain.com is connecting the world to the future of finance. The most trusted and fastest growing global crypto company helps millions across the globe safely access cryptocurrency. Since its inception in 2011, Blockchain.com has earned the trust of more than 90 million wallets and over 40 million verified users, and has facilitated over $1 trillion in crypto transactions. Visit Blockchain.com for more information.

Contact

TON Foundation
ton@theagencypartnership.com

Dubai, UAE, October 18th, 2023, Chainwire

OKX, a leading crypto exchange and Web3 technology company, today announced that futures spreads trading volumes on its Liquid Marketplace, a spot OTC, futures spreads and options liquidity network, reached a record monthly high of US$1.54 billion in September 2023. This achievement represents 62%* of the institutional market share for futures spreads for the month.

Since the July 2023 launch of Nitro Spreads, a venue under OKX’s Liquid Marketplace for institutional traders to execute basis, futures spreads and funding rate arbitrage strategies, OKX’s cumulative futures spreads volumes led the market from August 28 to October 11 in 2023.

OKX’s volumes on futures spreads also excelled during ‘high-water mark’ volume days, with OKX futures spreads notional volumes exceeding the 100 million USDT mark on four occasions within the date range (on September 12, September 19, September 28 and October 10 in 2023).

These trading volume milestones solidify OKX’s Liquid Marketplace as the go-to venue for institutional traders looking to take advantage of superior liquidity for a range of trades, including futures spreads, spot OTC basis and options.

OKX Chief Commercial Officer Lennix Lai said: “The latest futures spread volume figures confirm that OKX Liquid Marketplace is a diverse ecosystem of counterparties pursuing a range of trading strategies and indicates that it is a trading venue of choice for institutional traders. We have worked hard to develop the products, liquidity and intuitive trading features traders demand in an intensely competitive market environment. We will continue to listen to our traders and adapt the platform to their needs going forward to further grow our customer base.”

Since its launch in July 2023, OKX announced on October 6 that Nitro Spreads has surpassed a cumulative trading volume of over 2 billion USDT.

Nitro Spreads is a venue for institutional traders to execute advanced strategies and facilitate delta rolls efficiently on OKX’s Liquid Marketplace. With the ability to execute both legs of a trade via a central orderbook, Nitro Spreads minimizes leg risk between markets and provides institutional traders with enhanced capital efficiency. Before execution, traders can also select a guaranteed spread for a trade, mitigating unexpected price slippage. Trades are then matched and settled immediately.

*Source: Laevitas

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. 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, 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.

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, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Leveraged trading in digital assets magnifies both potential gains and potential losses and could result in the loss of your entire investment. Past performance is not indicative of future results. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, particularly if considering the use of leverage.You are solely responsible for your trading strategies and decisions, and OKX is not responsible for any potential losses. Not all products and promotions are available in all regions including the U.S.A., U.K., Crimea, Cuba, Donetsk, Iran, Luhansk, North Korea, Syria Malta, Australia, Bangladesh, Bolivia, The Bahamas, Canada, Malaysia, Hong Kong, France, and Singapore. For more details, please refer to the OKX Terms of Use and Risk & Compliance Disclosure.

Contact

Media
media@okx.com