Bitbns Now Among OKEx’s fiat Partners

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Bitbns Now Among OKEx's fiat Partners
Berdyansk, Ukraine - March 17, 2019: OKEx logo displayed on a modern smartphone
  • In terms of spot trading and derivatives volumes, OKEx is the world’s second-largest crypto exchange behind Binance. In August, the volume of spot trading on OKEx was $177.8 billion, and the volume of derivative markets was $488 billion.

Bitbns Now Among OKEx’s fiat Partners

NEW DELHI: Global cryptocurrency exchange OKEx and Bitbns have partnered to provide Indian cryptocurrency consumers in the region with more flexible trading options. Thematic-polygon ecosystem has been integrated by OKEx and Bitbns to allow free blockchain transfers to their consumers.

OKEx traders in India can buy USDT, LINK, AAVE, MATIC, and USDC using a rupee via bank transfer, IMPS, and UPI by selecting Bitbns via OKEx’s buy/sell tool.

Users will gain access to trading tools and alternatives that were previously unavailable to Indian cryptocurrency users. Users can now buy crypto in rupee trading pairs such as USDT, AAVE, MATIC, and more, and take advantage of the full range of trading options provided on both exchanges.

Indian traders will have access to a fiat gateway, a variety of newer rupee trading pairs, priority access to new coin/token releases, and high yield staking products, among other things, thanks to Bitbns and OKEx.

“We want to make the crypto journey as simple as possible for all of our users. Through our partnership with Bitbns, Indian users can now buy cryptocurrency on OKEx using bank transfers. Members can also utilize a variety of various trading tools offered on OKEx as a result of the integration,” said Jay Hao, CEO of OKEx.com, which has over 20 million users.

In terms of spot trading and derivatives volumes, OKEx is the world’s second-largest crypto exchange behind Binance.

According to CryptoCompare, a digital asset data company, OKEx had a spot trading volume of $177.8 billion and derivative markets volume of $488 billion in August.

“We’re focused on establishing frictionless on-ramps for Indian users so that they can trade various trading options on reputable venues like OKEx,” says the company. “By integrating the thematic-polygon ecosystem, we have innovated a lot so that blockchain transfers are free for users,” said Prashant Singh, CTO of Bitbns, which has over three million members.

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