What Does it Mean for OKEx to Become an Air Coin (OKEx Cryptocurrency)
What does it mean for OKEx to become an air coin? Editor\’s note: This article is
What does it mean for OKEx to become an air coin? Editor’s note: This article is from BlockBeats (ID: blockbeats), written by 0x29, authorized to be reprinted by Odaily Star Daily.
On the OKEx exchange, we can see that the trading prices of various coins have exceeded $1, and some even approached $20. However, the prices of some coins are much higher, exceeding $10 or more than 50 times. So can we consider these coins as air coins? According to OKEx’s announcement:
On December 16, 2018, according to media reports, a certain project suddenly announced that all tokens on the platform would be sold to third-party market makers to raise funds for investment. The team stated that this is an important step to ensure the authenticity of the project and protect the interests of investors. “This decision is also the most important event in my personal opinion.”
So why is it said so? Is it because “after the project went online, no other users knew the specific details of this business” or because it “does not comply with the company’s operating principles”? These issues have become concerns for many investors. However, many investors are not paying much attention to this phenomenon and do not have much related knowledge. But many friends may find it regrettable. For example, someone woke up this morning and found someone asked him if OKEx would become an air coin; someone said that they didn’t know what this product was and were actually deceived, and then they began to find reasons to run away and so on.
After such a situation occurs, many friends may be surprised, especially some veterans who, after seeing this, immediately rushed to buy, resulting in a large number of fake goods being sold in a few days. And the probability of such incidents is very high. Once a problem occurs, it is easy to cause losses. If this is true, does it mean that there are really many people in the market who are betting that this kind of thing can continue for a long time? So I think this argument makes sense, but don’t worry because we are still in a bear market, and many people simply do not believe in the development potential of blockchain technology and digital currencies.
OKEx Cryptocurrency
According to official news from OKEx, the virtual currency OKEX will start its recharge and withdrawal services on June 1, 2018. Users who use their OKEx accounts to charge or withdraw assets from September 16 to August 20 (unless users actually complete the grid trading) will receive zero rewards. Specific rules are as follows: 1. Recharge: After the customer successfully withdraws, the system will automatically start transferring to the customer; 2. Withdrawal: If the customer’s withdrawal fails, the system will refund part of the deposit; 3. After the withdrawal is completed, the platform will resume recharge and withdrawal services.
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