- OKX is the first platform to enable zero-fee Runes trading
on mobile
- Users can now trade popular Runes tokens like
UNCOMMON.GOODS, PUPS and WZRD on OKX Marketplace
SINGAPORE, April 20,
2024 /PRNewswire/ -- OKX, a leading Web3
technology company, today added support for Runes, a new
fungible token standard by Casey Rodarmor, a former Bitcoin
developer and artist, following today's Bitcoin
halving. With this addition, users can now create, mint, manage and
trade Runes on OKX Marketplace.
In the wake of the Bitcoin halving, OKX is
proud to be the first platform to offer zero-fee Runes trading on
mobile. As part of this launch, the initial Runes tokens available
to trade on OKX Marketplace include UNCOMMON.GOODS, PUPS and
WZRD.
In an era characterized by the proliferation of digital tokens,
Runes stands out due to its unique UTXO-based structure. This
inscription standard has been integrated into the
Bitcoin network, simplifying the creation and
management of tokens. It offers a streamlined alternative to
traditional models, reducing blockchain bloat and significantly
improving scalability.
Before implementing Runes support, OKX's Web3 team hosted
an X Spaces session alongside Pups, NODES and WorldPeaceBitcoin for
a Q&A called 'Pre-Halving Power Hour.' The X Spaces session
focused on Runes as the "next biggest thing on
Bitcoin," highlighting OKX's commitment to shaping the
future of the Runes ecosystem alongside key projects.
In celebration of this new addition, OKX also recently
enhanced the prizes for its Bitcoin halving-themed
'OKX Web3 Bitcoin Drop' campaign. This campaign,
focused on increasing engagement on the Bitcoin
network, now includes 1 Runestone in addition to the original 1 BTC
prize. For further details on the campaign, click here.
OKX's successful introduction of Runes support aligns with its
broader vision of driving innovation and pushing the boundaries of
what's possible within the Bitcoin ecosystem. OKX
recently expanded its offerings with the addition of Atomicals
(ARC-20) and Stamps (SRC-20) support.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of
Web3, OKX provides a comprehensive suite of products to meet
the needs of beginners and experts alike, including:
- OKX Wallet: The world's most powerful, secure and versatile
crypto wallet which gives users access to over 85
blockchains while allowing them to take custody of their own funds.
The wallet includes MPC technology which allows users to easily
recover access to their wallet independently, removing the need for
traditional, 'written down' seed phrases. In addition, OKX Wallet's
account abstraction-powered Smart Account enables users to
pay for transactions on multiple blockchains using USDC or USDT,
and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized
exchange aggregator of 400+ other DEXs and approximately 20
bridges, with 200,000+ coins and more than 20 blockchains
supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that
gives users access to NFT listings across seven top-tier
marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi
platform that supports earning and staking on about 70 protocols
across more than 10 chains.
OKX partners with a number of the world's top brands and
athletes, including English Premier League champions Manchester
City F.C., McLaren Formula 1, The Tribeca Festival and Olympian
Scotty James.
As a leader building innovative technology products, OKX
believes in challenging the status quo. The company recently
launched a global brand campaign entitled, The System Needs a
Rewrite, which advocates for a new paradigm led by Web3
self-managed technology.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
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SOURCE OKX