We are currently in the process of upgrading our systems, adding new tokens, and making adjustments so you can easily and quickly access the tokens you want.
On December 8th, we’ll begin upgrading your Okcoin trading experience.
- Eight new tokens will be added to our platform, bringing the total number of assets we support to 80. Over the rest of December, we’ll continue to add new tokens (up to 20 more). Stay tuned to see what they are.
- Buy and Sell now has better pricing and lower fees, and later in December, we will also be adding support for seven new local currencies, including EUR and GBP, allowing you to swap from your local currency to crypto in seconds.
- Convert, which allows for crypto to crypto swapping, now works with a majority of the assets we support. Swap between any supported tokens seamlessly with one click.
- Available spot trading pairs will be reduced. We’re not removing any tokens from our platform, and all tokens will remain available via Buy and Sell, Convert, or OTC trading.
The changes above will not impact your ability to buy, sell, send, receive or swap the assets you hold at Okcoin. Full details of the new tokens and spot market changes are listed below.
We’re eager to hear what you think, let us know at support@okcoin.com or via our social @okcoin.
Okcoin
December 5, 2022
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FAQs:
What new tokens are we adding?
Next week, we will add 8 tokens to our trading platform. As for the tokens being added later this year, you’ll have to wait and see!
What improvements have we made to the Buy and Sell experience?
Over the past few months, we’ve done a lot of work based on your feedback. You’ll notice that pricing is better, fees have been reduced, payment methods are easier to add, communication is clearer, and responses are faster. In the rare event that something goes wrong, we’ve even revamped our error messages, so you know what exactly has happened. It’s a smoother, clearer Okcoin experience that we will continue to improve.
What new local currencies can I use to buy and sell crypto?
You will soon be able to use EUR to transact on Okcoin. Also, if your credit or debit card supports EUR, GBP, CAD, AUD, BRL, SGD, or HKD, you will be able to purchase crypto in your local currency and reduce foreign exchange fees.
How does Convert work?
With Convert, you can swap between any two supported tokens in one step. With simple upfront pricing and no transaction fees, swapping crypto has never been easier. When new tokens get added later this month, they will also be available in Convert.
What changes are we making to spot trading pairs?
On Thursday, December 8 at 11:59pm PT, we will suspend spot trading for the token pairs below. As a reminder, no tokens are being removed from our platform, and all tokens will remain available via Buy and Sell, Convert, or OTC trading.
Here are the tokens that will no longer be available for USD spot trading pairs:
Aave (AAVE), Algorand (ALGO), Anchor Protocol (ANC), Ape Coin (APE), API3 (API3), Arweave (AR), Astar (ASTR), Avalanche (AVAX), Axie Infinity (AXS), Blockchain Brawlers (BRWL), Cardano (ADA), Celo (CELO), Chainlink (LINK), Chiliz (CHZ), Compound (COMP), Cosmos (ATOM), Crypto.com (CRO), DAI (DAI), Decentraland (MANA), Dogecoin (DOGE), Enjin Coin (ENJ), Enrond (EGLD), EOS (EOS), Ethereum Name Service (ENS), Fantom (FTM), Flow (FLOW), Gala (GALA), Harmony (ONE), Hedera Hashgraph (HBAR), Horizen (ZEN), Icon (ICX), Internet Computer Protocol (ICP), Kadena (KDA), Litecoin (LTC), Loopring (LRC), Luna Classic (LUNC), Magic (MAGIC), MakerDAO (MKR), NEAR Protocol (NEAR), Optimism (OP), Polkdat (DOT), Polygon (MATIC), Shiba Inu (SHIB), Smooth Love Potion (SLP), Solana (SOL), Spell Token (SPELL), Stacks (STX), Stellar (XML), SushiSwap (SUSHI), Synthetix (SNX), Terra (LUNA), TerraClassicUSD (USTC), Tezos (XTZ), The Graph (GRT), Tron (TRX), Uma (UMA), Uniswap (UNI), USD Coin (USDC), USDK (USDK), Wax (WAXP), Wrapped Bitcoin (WBTC), yearn.finance (YFI), YFII.finance (YFII), Zcash (ZEC), and Zilliqa (ZIL).
These non-USD pairs will also be no longer be available for spot trading:
Bitcoin (BTC-EUR) (BTC-SGD) (BTC-USDT), Ethereum (ETH-BTC) (ETH-EUR) (ETH-SGD) (ETH-USDT), and Stacks (STX-BTC).
Please manage your risk and double-check your open orders as they will be automatically canceled after 11:59pm PT on December 8, 2022.
What spot trading pairs will remain available after December 8?
Trading pairs for the following tokens will remain available after December 8:
Bitcoin (BTC-USD), Ethereum (ETH-USD), HKC (HKC-USD), MiamiCoin (MIA-USD), NYCCoin (NYC-USD), Tether (USDT-USD), USDC/ Tether (USDC-USDT).
Do any of these changes impact my ability to use any token in my account?
No, none of these changes impact your ability to use any token in your account. You will continue to have the ability to hold, buy, sell, withdraw, deposit, and swap all tokens in your account.
Is there an update for tokens that Okcoin suspended in November?
Earlier in November, we paused trading Star Atlas (ATLAS), Celo Dollar (CUSD), Chain (XCN), IoTeX (IOTX), Lunr (LUNR), Magic Internet Money (MIM), Pocket Network (POKT), Secret (SCRT), StormX (STMX), and Wrapped Bitcoin (xBTC). We expect to provide an update for these tokens in January 2023.
If you hold any of these tokens, you still have access to them in your account. You will not be able to buy or sell these tokens on Okcoin, but you will be able to hold, send, or receive them.