DUBAI, United Arab Emirates, July 06, 2023 (GLOBE NEWSWIRE) -- OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of July 6, 2023.
OKX to List Decentralized Stablecoin Protocol's Frax Share Token on its Spot Market
OKX is proud to announce that it has enabled deposits for Frax Share (FXS). This will be followed by the listing of an FXS/USDT spot pair on OKX at 10:00 (UTC) on July 6, 2023, allowing users to trade FXS against USDT and vice versa. Withdrawals for the FXS token will be enabled at 10:00 (UTC) on July 7, 2023.
Frax Share (FXS) is a non-stable, utility token that fuels Frax, a fractional-algorithmic stablecoin protocol. According to CoinMarketCap, the token has a total supply of 99,681,753 and a circulating supply of 72,751,098 - as of July 6, 2023.
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About OKX
OKX is the second-largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
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Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances.
