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Market News

OKX to List Starknet’s STRK Token

Written By Brian Mutembei Brian Mutembei
Published February 15, 2024 5:22 AM·Updated 2 years ago
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OKX Wallet Partners with Web3 Platform Galxe

Crypto exchange, OKX, has reported it will list Starknet’s native token, STRK, on its spot market starting February 20. The listing is dependent on liquidity requirements being met. When listed, STRK will trade against USDT.

Overcoming Ethereum's scalability limitations with the power of STARK technology 🦇🔊
​$STRK @Starknet gets listed on #OKX!
​
Learn more: https://t.co/QJjV1W1yPf pic.twitter.com/CwcDxLuh9U

— OKX (@okx) February 14, 2024

According to the report, OKX will enable STRK deposits starting February 19 at 6:00 AM UTC. Starknet is a layer-2 validity rollup network that scales Ethereum. It bundles transactions off-chain into STARK proofs submitted to Ethereum as single transactions. This achieves higher throughput and lower costs while maintaining Ethereum’s security. 

The STRK token powers Starknet network operations and motivation participation. As a main component of this innovative layer-2 solution, the listing provides new trading and investment opportunities around Starknet and Ethereum scaling.

OKX continues expanding its token listings to support the growth of decentralized finance. This Starknet partnership furthers the development of layer-2 infrastructure necessary for wider blockchain adoption. With STRK access, OKX users can participate in Starknet’s vision for fast, secure, low-cost Ethereum transactions.

Also Read: OKX Ventures Leads UniSat’s Pre-Series A Funding

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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