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Three major advancements by OKX in recent days

source-logo  cryptonewsz.com  + 1 more 02 June 2023 13:14, UTC

To start with, OKX has tabled a proposal that enables the community to stake BRC-20 and Bitcoin on the network. Stakers, in return, get a chance to earn passive income in the form of a BRC-30 token. Termed the Industry’s first BRC-30 token standard, the advancement brings forward a protocol that is open-source and available for developers no matter their project or experience. However, as per OKX exchange review, the tokens can be used to solve the payments and pay the fees at OKX or to pay for services like customer support. Furthermore, OKX allows users to earn passive income.

According to our OKX exchange review, OKX Wallet is yet to add support for BRC-30. They will soon be able to stake the required tokens on Web3 Earn without having to trade their holdings. The proposal for the BRC-30 token aligns with the mission of OKX to offer more opportunities for the community to participate in the ecosystem.

Jason Lau, the Chief Innovation Officer at OKX, has said that they are thrilled with the proposal, and Wallet will soon be able to support BRC-20 holdings. Jason has also acknowledged the contribution of developers and projects built across the network.

Making the trading experience better is the next development wherein OKX and TradingView have jointly announced to empower OKX users to trade via the TradingView mobile application. Users will have access to spot and derivative products with the benefit of on-the-go trading along with desktop and web versions for the same.

The integration partnership between OKX and TradingView brings the advantage of eliminating the need to switch from one platform to another. All they have to do is connect the account to the mobile application of TradingView and get started.

Lennix Lai, the Global Chief Commercial Officer at OKX, has expressed confidence with the integration, stating that it will elevate the trading experience through flexibility and convenience.

The third and final update sees Tafabot and OKX joining hands together to offer access to trading bots to OKX users. It will specifically target future, spot, and arbitrage trading. Users only have to download the mobile application of Tafabot and navigate to Connect to an Exchange option.


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