Flash News: OKX NFT Marketplace Witnesses a 114% Rise in Daily Trading Volume
News provided byOKX
Sep 18, 2023, 11:45 PM ET
SINGAPORE, Sept. 18, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for September 19, 2023.
OKX NFT Marketplace Witnesses a 114% Rise in Daily Trading Volume
On September 16, the OKX NFT Marketplace recorded a daily trading volume of US$11.54 million, marking a significant increase of 114.5% compared to the previous day. This 114.5% rise in trading activity allowed the OKX NFT Marketplace to surpass other NFT marketplaces like Blur and OpenSea.
This achievement demonstrates OKX's commitment to providing a one-stop NFT Marketplace and introducing innovative features that address the diverse needs of its Web3 users. For example, users can create NFTs with AI and mint them for free. The OKX NFT Marketplace also recently added support for the Base and Linea networks.
In addition to this, OKX Wallet recently launched the P2P Crypto Market on September 14, enabling users to trade crypto through a peer-to-peer structure. This addition greatly reduces the risk of transaction slippage often seen on other DEXes that rely on Automated Market Makers. OKX Wallet is also the first multi-chain wallet to support the trading and inscribing of BRC-20 and BTC NFTs via its Ordinals Market. Support for primary NFT ticket launches and collectibles are also supported on the OKX NFT Marketplace.
OKX NFT Marketplace is a multi-chain, zero-fee NFT marketplace that gives users access to advanced analytics tools, an 'orderbook' mode and NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
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A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 70 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
The information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.
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