OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has made significant updates on May 22, 2023. OKX has launched perpetual swap and enabled margin trading and savings for the Ordi token (ORDI). Users now have the ability to long or short ORDI with up to 75x leverage. These new features are available on both the web and app interfaces of OKX, as well as through the API.
Additionally, OKX has announced the results of its meme token voting event, listing two tokens with the highest deposit volume during the voting period, Il Capo (CAPO) and Turbo (TURBO), on its spot market.
ORDI is a BRC-20 token that utilizes ordinals and inscriptions to create and manage unique digital assets on the Bitcoin blockchain. Furthermore, OKX Wallet is now the first multi-chain wallet to support BRC-20 trading with the launch of its Ordinals Marketplace.
In terms of the meme token voting results, CAPO is a meme token based on the famous character Vito Corleone from The Godfather movie. TURBO Coin is a community-driven cryptocurrency with a unique approach to meme coins, and it also features fair token distribution.
OKX continues to demonstrate its commitment to the crypto community by offering innovative features and partnerships. They have also partnered with top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As always, it’s crucial to remember that investing in digital assets carries a high degree of risk, and their values can fluctuate greatly. Potential investors should consult with their legal, tax, and investment professionals before making any decisions.