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OKX Token Listing Principles Are Emphasized With 5 Outstanding Focuses

Key Points:

CEO Star Xu underscores the importance of sustainability in OKX token listing principles, focusing on blockchain technology, community popularity, and legal compliance.
ZA Bank extends commercial banking to 80+ Web3 companies, including OKX Hong Kong.
OKX also upgrades Web3 wallets, enabling users to list Solana NFTs on three marketplaces.

In response to a surge in token listing requests, Star Xu, the founder and CEO of OKX, has elucidated OKX token listing principles. Emphasizing sustainability, Xu stated that a blanket approach to listing all tokens could lead to quick profits but harm the market’s integrity.

OKX Token Listing Principles Clarified Amid Industry Challenges

The OKX token listing principles guiding the exchange token listings include a focus on blockchain technology, community popularity, long-term commitment from project founders and investors, adherence to legal and compliance standards, and independent research-based project selection. Notably, the exchange refrains from accepting pitches and instead identifies promising projects through comprehensive market research.

While major exchanges like Binance and Coinbase grapple with regulatory challenges in the US, OKX is expanding its market share. In a groundbreaking move, ZA Bank, a virtual banking pioneer, announced CEO Yao Wensong’s initiative to offer customers significant savings through a fund subscription fee discount, leveraging technology-driven service improvements.

Beyond personal banking, ZA Bank is venturing into the Web3 space, extending commercial banking services to over 80 Web3 companies, including OKX Hong Kong, HashKey, and OSL. This move aligns with the bank’s “Banking for Web3” vision, announced in April, signaling its commitment to the evolving landscape of decentralized technologies.

OKX Boosts NFT Market Presence

OKX, in its ongoing efforts to stay at the forefront of innovation, has introduced an upgrade enabling Web3 wallet users to list Solana NFTs on three marketplaces: OKX NFT Marketplace, Magic Eden, and Tensor. This upgrade aims to provide users with enhanced exposure, flexibility, and a streamlined listing process, empowering artists and creators to showcase their NFTs to a wider audience.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.