OCNEx Crypto Exchange Ready for Launching After OKEx and Oddysey Partnership
The famous and Hong kong-based virtual currency exchange, OKEx, has decided to sign a partnership with Odyssey (OCN), a peer-to-peer marketplace exchange ecosystem, in order to launch the OCNEx cryptocurrency exchange. The main difference with other platforms is that the OCNEx exchange will be connected and directly integrated into the OCN ecosystem.
The information has been released by Odyssey Protocol on August 15, 2018 in a blog post. The official announcement mentions that the OCNEx exchange will support different cryptocurrencies such as: ETH, XRP, BTC; BCH, EOS, XLM, LTC, ADA, IOTA, TRX, OCN. The trading pairs will be made against BTC, ETH and USD.
OCNEx will be receiving technical support from OKEX using the Open Partnership Program which grants select companies access to its technology and set up their trading platforms and own virtual currency exchanges.
Furthermore, Odyssey has recently announced that it is developing a new blockchain known as the OCN Chain. The official payment currency of the network will be the OCP token. For those interested, Odyssey mentioned that it wanted to make a 1:1 airdrop of OCP to OCN holders.
In the announcement, the company explains that it will be making an airdrop of OCP to OCN holders. The announcement said:
“Starting from next week, OCNEx will officially take a snapshot of OCN holding positions on the exchange at 8:00 (GMT -8) every day. From there, OCP airdrops will be distributed according to the user’s OCN holding amounts during that month. (Please note users must hold a minimum of 5,000 to participate).
Additionally, for those interested investors and individuals, there will be airdrps every months during the next 50 months after the snapshot. There will be 200 million OCP tokens that will be given to users for free per month. OCN holders will be receiving a total of 10 billion OCPs in the form of an airdrop.
OCN is part of the Odyssey Protocol ecosystem and has as a mission the future of decentralized sharing economy. Moreover, OCNex wants to increase efficiencies of transactions in different platforms and services.
“The Global Sharing economy community will now be one step closer to a more connected world with the launch of OCNEx,” explained the company in their blog post.
OKEx is is currently the second most important virtual currency exchange in the market with a total volume of over $1 billion dollars at the time of writing. It is important to mention that the exchange has more than 530 trading pairs available
In terms of volume, BTC/USDT, DASH/USDT and EOS/USDT account for almost 40% of the exchange trading volume.