
OKX to List Venom Network's VENOM on Spot Market
DUBAI, UAE - March 22, 2024 - OKX, a leading cryptocurrency exchange and Web3 technology company, today announced the listing of Venom Network's VENOM token on its spot market.
Effective March 25 at 8:00 AM (UTC), OKX users will be able to trade VENOM against USDT. Deposits for VENOM were enabled earlier today at 10:30 AM (UTC).
VENOM is the native token of the Venom Network, a scalable blockchain solution designed for real-world applications. Its unique architecture and technology provide high performance and security, making it an ideal platform for decentralized applications.
About Venom Network
Venom Network is a Layer 1 blockchain protocol that leverages a novel consensus mechanism called "Proof of Venom" (PoV) to achieve high throughput and low latency. Its features include:
- Scalability: PoV enables Venom to handle thousands of transactions per second, making it suitable for demanding applications.
- Security: Venom utilizes a multi-chain architecture and Proof-of-Work (PoW) for additional security.
- Interoperability: Venom is compatible with Ethereum Virtual Machine (EVM), allowing developers to easily port existing dApps to the network.
About OKX
OKX is a global cryptocurrency exchange and Web3 technology company that provides a comprehensive suite of services, including:
- Spot Trading: Trading of a wide range of cryptocurrencies against fiat currencies and stablecoins.
- Derivatives Trading: Access to futures, options, and perpetual swaps for advanced trading strategies.
- NFT Marketplace: A platform for buying, selling, and creating non-fungible tokens (NFTs).
- Wallet: A secure and user-friendly digital wallet for storing, sending, and receiving cryptocurrencies.
OKX is committed to providing its users with a seamless and secure trading experience. The exchange maintains industry-leading security measures and undergoes regular third-party audits to ensure the integrity of its platform.
For more information, please visit the OKX website or contact Media@okx.com.
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