OKCoin Is Exploring Listing DeFi Assets

OKCoin Is Exploring Listing DeFi Assets

We’ve been actively reviewing the following 18 DeFi assets to bring to OKCoin traders and investors

OKCoin is committed to bringing valuable assets to traders and investors in a responsible way, adhering to US and international regulations. We believe that listing quality assets is our responsibility. When we choose to list an asset on our exchange, it means that our team has done the work to ensure that we are protecting our customers and providing a quality asset. Each asset goes through a rigorous listing process which includes business, compliance, legal, and technical due diligence.

The listing process includes four tests: 1) Does the asset bring utility and value to our customers, 2) does it meet our regulatory requirements, 3) does it pass our legal analysis as a non-security under US Securities laws, and 4) Is it a quality project from a technical and business perspective?

In the past few months, decentralized finance (DeFi) protocols and assets have experienced phenomenal growth. We have been closely monitoring this growth and taking feedback from our community about assets we should consider listing on our platform.

DeFi assets currently under review for listing on OKCoin

This week we are announcing that OKCoin is currently reviewing the below assets and prospects of bringing them on our exchange.

The assets currently under review are: Algorand (ALGO), Ampleforth (AMPL), Balancer (BAL), Compound (COMP), Curve (CRV), Polkadot (DOT), Kava (KAVA), Kyber Network (KNC), Aave (LEND), Chainlink (LINK), MakerDAO (MKR), Ren (REN), Synthetix (SNX), Solana (SOL), Serum (SRM), Universal Market Access (UMA), WrappedBTC (WBTC), Yearn.finance (YFI).

Some assets may not receive approval across all OKCoin jurisdictions when first announced, but this does not mean they will be disqualified from further review and future listing.

Customers should expect more announcements like this as OKCoin continues to expand our listing intake and increase our offering of digital assets, bringing new trading opportunities to our platform.

DeFi Resources:

Read about DeFi on the OKCoin blog.

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