VICTORIA, Seychelles, Dec. 10, 2020 /PRNewswire/ — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives alternate, has joined forces with noncustodial crypto cost companies supplier NOWPayments.The partnership permits holders of OKB — the global utility token issued by the OK Blockchain Foundation — to make quick and simple funds on-line utilizing their OKB.
Beginning on Dec. 15, 2020, customers will have the ability to alternate their OKB for items and companies from any of the net retailers partnered with NOWPayments.
NOWPayments is a noncustodial crypto funds service that allows companies to just accept immediate on-line funds in 50+ cryptocurrencies, now together with OKB. The platform additionally helps automated coin conversion, enabling retailers to just accept any cryptocurrency of their alternative and obtain immediate cost notifications once they do. By becoming a member of forces with OKB, NOWPayments will leverage the OKEx alternate as its major venue to acquire liquidity.
NOWPayments gives retailers with a wide range of tools which are designed to make cryptocurrency cost processing simpler and sooner. Featured amongst these are its easy-to-use API, invoices, widget, buttons and plugins for WooCommerce, Opencart, WHMCS, Magento 2 and extra.
OKEx CEO Jay Hao stated in an announcement relating to the partnership:
“We’re thrilled to proceed to supply worth to OKB holders and provides them extra alternatives to spend their OKB in real-world situations. NOWPayments is starting to ascertain itself as one of many best crypto cost platforms for retailers to combine and it permits its rising accomplice community to simply settle for funds in additional than 50 cryptocurrencies.”
He added: “Utilizing OKEx as its major supply of liquidity is a superb step ahead for rising progress and adoption of NOWPayments, and the worth and utility of OKB as properly.”
This newest partnership creates additional alternatives for holders to spend their OKB simply on-line at a wide range of retailers. It additionally builds on the extensive network of application scenarios that are available to OKB holders, masking a variety of companies from loans and mortgages to tourism and leisure, buying and selling companies to social networking — all accessible utilizing OKB as cost.
Along with OKB’s rising utility outdoors of the OKEx alternate, OKB holders also can get pleasure from expanded privileges on the OKEx platform. These embrace discounted buying and selling charges, unique early entry to OKEx Jumpstart Mining initiatives, P2P lending, OKB margin buying and selling, OKB Saving and plenty of extra.
A world-leading cryptocurrency spot and derivatives alternate, OKEx provides probably the most numerous market the place world crypto merchants, miners and institutional traders come to handle crypto belongings, improve funding alternatives and hedge dangers. We offer spot and derivatives buying and selling — together with futures, perpetual swap and choices — of main cryptocurrencies, providing traders flexibility in formulating their methods to maximise beneficial properties and mitigate dangers.