What is Okucoin (Okubit Coin)?
What is Okucoin? According to official sources, Okucoin is a decentralized socia
What is Okucoin? According to official sources, Okucoin is a decentralized social trading platform based on the space network and blockchain. The platform offers services such as digital asset management, payment settlement, and peer-to-peer lending through the use of the Lightning protocol, aiming to establish a transparent and open network ecosystem. Additionally, it has issued the Okucoin (OKU), an anonymous public chain with a value of $100 million. It is worth noting that the project previously received a $4 million seed funding from BitMicro, but due to strong financial capabilities, a complete exit was not achievable, resulting in a delay in project development.
Okubit Coin
According to official announcements, Okubit Coin is a decentralized exchange project developed by OKEx. Its main objective is to provide an open platform for global cryptocurrency trading and support the exchange and liquidity mining services of various digital currencies (such as Bitcoin, Ethereum, etc.). Okubit Coin aims to promote the development of the entire cryptocurrency market by tokenizing various mainstream digital assets. Currently, Okubit Coin has six ecological application scenarios: blockchain gaming, DeFi payment systems, NFTs, and a DEX product called “Swap” that was launched four to five years ago, allowing users to create their own tokens.
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