What is OKEx’s Pro Coin (Coins Issued by OKEx)?
According to bitcoinist, OKEx\’s Pro Coin is an OKEx protocol token issued based
According to bitcoinist, OKEx’s Pro Coin is an OKEx protocol token issued based on the ProgPoW consensus mechanism. It has certain uniqueness and scarcity. Specifically, it adds two branches on the basis of OKT: one provides trading services and leverage operations for OKB holders, and the other applies cross-chain technology to the Bitcoin network through OKChain, allowing assets such as BTC/USDK and ETH/USDC to be used as collateral to improve liquidity efficiency.
Coins Issued by OKEx
According to official sources, OKEx issued its platform token “okexcoin” (referred to as OKT) on January 8, 2018. The exchange was officially launched in June of the previous year.
As known, “okEXCoin” is a blockchain-based digital asset fund established by OKEx co-founder Du Jun and his team. According to the official website, the current initial circulating supply is about 100,000 coins, with a total market value of approximately 200 million USD, making it the 16th largest cryptocurrency exchange in the world. Additionally, another project called “Leos” is actively conducting public fundraising, raising 400 million USD to support ecosystem construction, with 500 million being invested in decentralized financial projects.
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