In a significant move to enhance its trading options and strengthen its commitment to token sustainability, OKX, the second-largest crypto exchange by trading volume, has announced the addition of the Suiswap spot pair to its platform. This expansion allows OKX users to access the liquidity and benefits of Suiswap, further diversifying their trading opportunities.
Concurrently, OKX successfully concluded its 20th round of the OKB buy-back and burn program, demonstrating its dedication to maintaining a robust and sustainable token ecosystem. This dual development marks another milestone in OKX’s ongoing efforts to provide its users with a comprehensive and efficient trading experience.
OKX Now Supports Suiswap Spot Pair Trading
OKX has made an exciting addition to its spot market by listing the Suiswap spot pair. This means that users can now trade Suiswap’s native token, SSWP, against USDT through the SSWP/USDT pair. By introducing Suiswap to its platform, OKX opens up new opportunities for traders to engage with the decentralized exchange (DEX) and token exchange built on the Sui blockchain.
In a recent announcement, OKX Wallet also revealed its integration with Sui, enabling seamless trading and swapping of various tokens across the Sui network. This integration facilitates cross- and multi-chain methods, empowering both web and mobile users to explore a broader range of tokens within the Sui ecosystem.
OKX Completes 20th Round of OKB Buy-Back and Burn Program
OKX has successfully concluded its 20th round of the OKB Buy-Back and Burn program, running from March 1, 2023, to May 31, 2023. During this period, OKX acquired and burned a staggering 5,497,312.77 OKB tokens, with an approximate value of $258 million, from the secondary market. Since the launch of the OKB Buy-Back and Burn program in May 2019, OKX has demonstrated its commitment to token sustainability by purchasing and burning a total of 64,042,314.70 OKB tokens, leaving 235,957,685.30 OKB in circulation.
To ensure transparency and allow users to monitor the circulating supply of OKB, OKX regularly releases reports detailing the progress of the program. These reports specify the amount of OKB burned and the corresponding date range and provide information on the token burn address. Completing the 20th round of the OKB Buy-Back and Burn program marks another significant step in strengthening the OKX ecosystem.
