OKEx’s Open Partnership Program – First Batch Of Exchanges Revealed.
The Hong-Kong based cryptocurrency exchange OKEx, announced July the 21st the first batch of partners of the Open Partnership Program. The program grants selected companies, access to its technology that would let them set up their own cryptocurrency exchange.
The announcement was made at the OKEx NEXUS Conference 2018, that took place in Hainan, China. The company has also decided to unveil its new exchange brand called, CoinAll. The main intention is to leverage ‘transaction mining and transaction fee rebates,,’ and also have full autonomy from OKEx in token listings.
It is important to mention that there have been announced 12 different partners in this batch. The transaction fees that the partners will earn will be distributed as follows: 50% to the partner, 30% to OKEx, and 20% for the partner so as to buy back OKB tokens.
Some days ago, the Huobi Group, one of the most important crypto exchanges by trading volume, launched the ‘Huobi Cloud,’ an important platform that has been created to help Huobi’s partners to create a cryptocurrency exchange.
OKEx has been working day after day so as to create a better ecosystem and trading platform. The exchange has uploaded a detailed roadmap about its development.
The exchange wrote:
“In the shifting tide of blockchain and cryptocurrency development, the OKEx NEXUS Conference 2018 gave us an insightful glimpse of our eco-development. As always, we will vie for a fair, transparent, and promising trading environment for all in the future.”
OKEx is one of the most known crypto exchanges in the market by trading volume ($1 billion dollars.) The most important trading pairs are BTC/USDT, EOS/USDT, ETH/USDT and TRX/USDT. At the same time, the exchange has more than 500 different trading pair.