OKX Enables $ETH Support on Starknet

Key Points

• ETH trading support added on Starknet for greater efficiency and security.
• Deposit and withdrawal opening dates set for July 11th and 12th, 2023.
• Starknet offers a permissionless, innovative, and secure scaling solution for easier blockchain adoption and massive scalability.

OKX has stated that they have implemented support for the Starknet network ETH deposit service, and that withdrawals will be available at  8:00 am UTC on July 11, 2023.

In response to the growing demand of our users, OKX are excited to announce support for ETH on Starknet, which will enable faster and more efficient trading. With this development, OKX aim to provide the users with a more seamless and convenient trading experience, while ensuring the security and scalability of the Ethereum network.

To ensure the smooth implementation of this new feature, OKX have set a timeline for the opening of ETH-Starknet deposits and withdrawals. ETH-Starknet deposits will be available starting at 8:00 am UTC on July 11, 2023, while withdrawals will be open at 8:00 am UTC on July 12, 2023.

For those who may not be familiar with Starknet, it is an Ethereum Layer 2 Rollup that offers a permissionless, innovative, and secure scaling solution. By providing the advantages of Ethereum’s composability and security, while achieving massive scalability, Starknet is pioneering the path towards widespread blockchain adoption.

OKX believe that supporting ETH on Starknet is a significant step forward in offering the users the best possible trading experience, and OKX look forward to seeing the positive impact it will have on the market.

Recently, the Ethereum Layer 2 network Starknet was launched on the Georli test network to commence voting for Starknet v0.12.0. Deployment to the mainnet is expected on July 12 after a frozen period on July 11.

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