In a recent development, OKX, a global powerhouse in Web3 technology and cryptocurrency exchange, has introduced the ICE token into its trading constellation. This move marks OKX as the first exchange platform to incorporate ICE into its spot market.
OKX’s decision to list the ICE token represents a strategic embrace of the Ice Open Network (ION), a blockchain solution known for its unique multi-threaded and multi-shard architecture that enables it to handle millions of transactions every second. Starting January 19, at 10:00 a.m. (UTC), OKX users can trade ICE against USDT.
This announcement came a few days after the exchange expanded its offerings, including JTO and BONK tokens. Additionally, it has enhanced its copy trading tool, particularly by integrating spot copy trading.
According to the ICE whitepaper, the network operates on a unique model where membership is initiated through invitations, fostering a community-centric approach to currency mining.
According to CoinMarketCap, the network encourages building micro-communities, offering a 25% bonus for simultaneous mining activities. This inclusive model has been a key driver in the network’s rapid growth since its launch on July 7, 2023. Moreover, CoinMarketCap noted that ICE attracted over a million users within the first month.
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