April 22, 2025
Blockchain

Bitcoin exchange OKCoin announces the launch of an NFT market

  • April 20, 2022
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Cryptocurrency exchange OKCoin has opened a waiting list for a non-tradable token platform. Its launch is scheduled for 2022. Beyond making it as simple as your grandma could

Bitcoin exchange OKCoin announces the launch of an NFT market

Bitcoin exchange OKCoin announces the launch of an NFT market
Bitcoin exchange OKCoin announces the launch of an NFT market

Cryptocurrency exchange OKCoin has opened a waiting list for a non-tradable token platform. Its launch is scheduled for 2022.

Among the features of the market, the company noted that there are no transaction fees – collectors will only pay for gas.

The platform will initially provide support for assets on the Ethereum, Polygon, BNB Chain networks and OKX exchange blockchain. Users will be able to connect to third-party wallets such as MetaMask.

According to the announcement, the site will feature NFTs from popular collections such as Bored Apes, World of Women, Boss Beauties, and CryptoPunks.

OKCoin plans to launch its own token series. For holders of the asset, the exchange will provide privileges, including participation in airdrops, NFTs and “much more.”

“We are launching a free market for NFTs where prices and profits will be driven more by supply and demand than anywhere else. “Web 3.0 is about restoring people’s economic power, and we are doing our part by giving them as much dominance as possible when it comes to money and now the arts,” said OKCoin CEO Hong Fang.

As part of its “cryptocurrency for all” concept, the exchange will support in-market collections of creators from demographics underserved by technological innovation and traditional finance. The platform’s partner in this effort will be Randy Zuckerberg, chairman of the OKCoin brand advisory board.

Recall that Mark Zuckerberg’s sister joined the company in December 2021.

Source: Fork Log

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