Flash News: OKX Partners with Pulsar to Boost Liquidity for Hong Kong Users

HONG KONG, July 05, 2023 (GLOBE NEWSWIRE) -- OKX, the second-largest crypto exchange by trading volume globally and a leading Web3 technology company, has issued updates for the day of July 5, 2023.

OKX Partners with Pulsar to Boost Liquidity for Hong Kong Users

OKX has partnered with Pulsar, a market maker, to deepen liquidity for Hong Kong users. The partnership demonstrates OKX's commitment to standardizing its virtual assets market by onboarding top-tier liquidity providers, in line with global best practices in traditional finance as well as regulatory requirements for virtual asset trading platform operators in Hong Kong.

Through this partnership, Pulsar has been designated as a liquidity provider for OKX in Hong Kong. This further enhances OKX's market efficiency, providing Hong Kong users with access to more competitive pricing and deeper liquidity on the order book. Founded in 2014, Pulsar has a strong global presence and relationship with more than 60 exchanges across more than 600 trading pairs.

OKX Global Chief Commercial Officer Lennix Lai said: 'By tapping into Pulsar's expertise in market making, we are able to further enhance the stability of our platform by providing more competitive pricing and tighter bid-ask spreads for our users. This partnership also helps us further align our virtual asset market with best practices from around the industry but also from traditional finance when it comes to ensuring liquid and fair markets. Looking ahead, we are committed to improving the efficiency of our platform and providing a secure and accessible trading experience for our users.'

Pulsar CEO Jacky Chung said: 'We're honored to partner with a leading exchange like OKX, which shares our goal of providing a flexible and convenient trading experience that prioritizes competitive pricing. We look forward to working with OKX to accelerate the future evolution and adoption of virtual assets in Hong Kong.'

OKX announced in March that it had set up a Hong Kong entity for its proposed license application under Hong Kong's new VASP regulatory regime. In view of Hong Kong's latest regulatory requirements on VASPs, OKX launched an updated app that allows Hong Kong users to buy, sell and hold 16 major cryptocurrencies. OKX will continue to roll out improvements on its app and explore the potential of launching additional features in the coming months to enrich and diversify Hong Kong users' experience.

For more information, please visit the Support Center.

For further information, please contact:

Media@okx.com

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.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com.

About Pulsar

Pulsar is a leading proprietary and algorithmic trading firm specializing in cryptocurrency trading and market making. Founded in 2014 as an early adopter, it has established an extensive connection with 60+ CeFi and DeFi crypto exchanges globally, and supports 600+ trading pairs across spot, futures and options.

Combining cutting-edge low latency technologies, in-depth crypto market intelligence and deep learning capabilities, Pulsar is dedicated to providing liquidity and increasing efficiency in global markets. To accelerate the growth of the digital asset and blockchain industry, it also provides venture capital and market insights to early stage infrastructure companies or projects.

For more information or to explore business partnership opportunities, please visit pulsar.com or contact bd@pulsar.com.

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. 


Flash News: OKX Partners with Pulsar to Boost Liquidity for Hong Kong Users

THỦ THUẬT HAY

Hướng dẫn cách tắt tự động đồng bộ hóa iPhone/iPad với iTunes

Nếu người dùng thường kết nối iPhone/iPad với máy tính chỉ để sạc pin thì việc tắt chế độ tự động đồng bộ là điều nên làm

Hướng dẫn tìm địa chỉ IP đơn giản và nhanh chóng

Địa chỉ IP là cách để cung cấp thông tin về nơi bạn cần truy cập trong mạng. Mọi thiết bị trong mạng đều có địa chỉ IP 'riêng' trong mạng đó, còn toàn bộ mạng lại có IP 'công cộng' trên mạng Internet. Mặc dù địa chỉ IP

4 bước nén ảnh giữ nguyên chất lượng bằng công cụ của Google

Bạn đang tìm kiếm một công cụ nén ảnh chất lượng nhưng chưa biết tìm kiếm ở đâu thì hãy xem qua bài viết sau đây.

Hướng dẫn vào Safe Mode trên Mac OS

Hãy cùng điểm qua một số thói quen xấu không ít những người chụp ảnh gặp phải để nhìn nhận và rút kinh nghiệm cho bản thân nhé.

Hướng dẫn tải video từ Google Drive khi bị khóa chức năng Download

Bạn đã từng nhận được một video được bạn bè chia sẻ từ Google Drive mà lại không được tải xuống? Google Drive có tính năng chặn download. Tuy nhiên, TCN sẽ hướng dẫn các bạn một mẹo nhỏ để tải video từ Google Drive khi

ĐÁNH GIÁ NHANH

Trên tay và đánh giá nhanh Gionee Gpad G5: Smartphone 5,5 inch chuẩn bị được giảm giá sốc

Tương tự Elife S5.5, Gpad 5.5 là chiếc smartphone nằm trong đợt giảm giá sốc hoặc thấp nhất từ trước đến nay. Mặc dù đã được ra mắt từ khá lâu, hồi tháng 8/2014 nhưng Gpad 5.5 vẫn sở hữu khá nhiều điểm nổi bật như có...

Đánh giá camera Samsung Galaxy J7 Prime: Lấy nét nhanh, khả năng xử lý khá, chi tiết ảnh tốt

Galaxy J7 Prime là chiếc điện thoại tầm trung mới nhất của Samsung với bộ đôi camera trước/sau có độ phân giải cao cùng khẩu độ lớn.

Đánh giá pin Coolpad Fancy E561: Hơn 7h onscreen

Có dung lượng pin chỉ 1800mAh nhưng Coolpad Fancy E561 thể hiện một bộ mặt vô cùng khác khi đạt thời lượng sử dụng pin cực kì ấn tượng