OKex expands service to Filipino customers

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OKEx is the world-leading digital asset exchange, providing advanced financial services to global traders using blockchain technology is now serving the Philippine customers — one of the emerging crypto market in south East Asia.

OKex under the Philippine business name OKCoin Philippines Technology Co. Ltd, was able to acquire a principal license from the government-backed, Cagayan Economic Zone Authority (CEZA) and will be operating at the so called Cypto Valley of Asia – central hub for financial technology (FINTECH), cryptocurrency, and blockchain technology in the Philippines.

Founded in 2014, Okex gained millions of dollars worth of investments from leading enterprises such as VenturesLab (co-founded by Tim Draper), Ceyuan Ventures, Giant Network Group, Longling Capital (founded by the Chairman of Meitu), Qianhe Capital Management, eLong Inc. and many more. Because of its solid foundation on blockchain technology, OKex established its reputation, attracting industry enthusiasts and business partners around the world.

On its trading platforms, OKEx provides hundreds of token & futures trading pairs to help traders to optimize their strategy, making OKex as one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. OKex BTC futures trade has nearly $1.5B of volume daily, and is widely recognized as the gold standard for the industry.

At OKex Security is always a priority. With its strong and growing community of experts, OKex technology infrastructure is becoming more impregnable and resilient to attackers – the most common issue in now a days exchanges. OKEx has adopted the Global Server Load Balancing (GSLB)  –  a distributed server clusters systems and many security protocol  technology to provide a safe, reliable and stable environment for digital assets trading via web and mobile app interfaces.

OKex kicked-off its new Initial Exchange Offering (IEO) Platform – OK Jumpstart

OK Jumpstart, is a token sale platform to help quality blockchain projects go public and get listed in a liquid and world-class market, and at the same time, help fuel the growth of the blockchain market and ecosystem healthily.

How Does the Token Sale Work?

A subscription + allotment approach is adopted on OK Jumpstart. The subscription will open for 30 minutes. And it will close early if the oversubscription limit is reached. Allotment will then follow.

How to Participate?

Minimum threshold: Hold at least 500 OKB for 7 consecutive days, or buy in 3,500 OKB before the snapshot time on the token sale day. To secure your subscription: Hold at least 2,500 OKB for 7 consecutive days, or buy in 17,500 OKB before the snapshot time on the token sale day.

To get the most: Split your OKB to different accounts (of your friends and family). Keep 2,500 OKB in each account for 7 consecutive days, or buy in 17,500 OKB using different accounts before the snapshot time on the token sale day.

When is the Snapshot Time?

11 am (CET, UTC+1) daily from 7 days before the token sale day. For example, if the first session of the subscription starts on Apr 9th, then the snapshot period will be Apr 2nd to 8th.

How to Subscribe?

OKB is the only accepted token for the token sale. Each token sale will have its own individual cap, which will be announced before the sale.

How does Allotment Work?

Users will be assigned an allotment coefficient by our system based on the amount of their 7-day OKB holdings.