OKX lists Pepe Memecoin, trading frenzy ensuesIn a groundbreaking milestone, OKX, the world’s second-largest cryptocurrency exchange by 24-hour trading volume, proudly announced that its Liquid Marketplace has soared past $3 billion in trading volume, solidifying its preeminent network catering to professional and institutional traders. This revelation, unveiled on Friday, demonstrates the resounding success of OKX’s on-demand liquidity network designed to facilitate large-scale transactions involving digital assets.
To empower professional and institutional traders with seamless transactions, the Liquid Marketplace offers a unique feature called Requests for Quotations (RFQs), enabling them to submit their orders to market makers confidentially. Thanks to this discreet approach, the settlement market price remains minimally affected, ensuring a fair and equitable outcome.
Emphasizing its commitment to cater to the evolving needs of large businesses, OKX has forged a strategic partnership with Komainu, a licensed digital asset custody service provider. This collaboration highlights OKX’s dedication to bolstering its services and reputation as a go-to platform for institutional investors seeking secure storage solutions for their digital assets.
Further, enriching its range of offerings, OKX has introduced a revolutionary trading technique called Nitro Spreads on the Liquid Marketplace. Nitro Spreads, a one-click trading process, mitigate cross-market risk by executing both deal legs in real-time via a centralized order book. This cutting-edge feature enhances convenience and efficiency by allowing traders to utilize Nitro Spreads with any combination of the exchange’s spot, perpetual, and futures contracts.
The introduction of Nitro Spreads reinforces OKX’s unwavering commitment to innovation, providing traders with a powerful tool to navigate the complexities of digital asset trading while mitigating potential risks. Moreover, this addition further solidifies OKX’s status as a trailblazer in the crypto exchange industry.
By continuously expanding its suite of services and forging strategic partnerships, OKX is poised to cater to the ever-evolving demands of professional and institutional traders. The remarkable achievement of surpassing $3 billion in trading volume on the Liquid Marketplace demonstrates OKX’s unwavering dedication to excellence, cementing its position as a leader in the digital asset trading realm. OKX remains at the forefront as the market landscape evolves, delivering innovative solutions and facilitating seamless transactions for its esteemed clientele.
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