What is the okex platform token (Is the okex coin platform legal?)
What is the okex platform token? Recently, the digital asset trading platform O
What is the okex platform token? Recently, the digital asset trading platform OKEX announced that it will issue 1 billion tokens as an ecological construction fund. This token represents the rights and obligations of its platform’s equity and future development. According to relevant regulations, users can enjoy certain discounts on platform fees and voting rights by trading on the OKEx platform. At the same time, the platform will also launch an upgraded version of contracts and a liquidity mining plan.
It is understood that there are currently 9 trading pairs online, including: BTC/USDT, ETH/USDT, EOS/USDT, BCH/USDK, BSV/USDT, with a total market value exceeding $30 billion.
Is the okex coin platform legal? Today, the media reported that a platform called okex coin was hacked for about $10 million. In response to this, some netizens revealed that the project had already registered itself as one of the operating entities of a digital currency trading platform in 2017, and promised to allocate at least 20% of the fees each month as a return to users. OKEx coin claims to be the “world’s first blockchain virtual currency trading platform,” and the platform itself has not been involved in any form of fraud. So, is this platform really illegal? The answer is no. According to online rumors, there have been reports of operators of a certain Bitcoin platform participating in illegal fundraising activities. (Wu Blockchain)
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