Good question! Yes, meme coins are definitely acting
OKEx staff: Good question! Yes, meme coins are definitely acting as gateways for non-native crypto investors/traders due to their accessibility. There is a definite possibility of these coins sliding sharply in the future, but I wouldn't go so far as to say they can destabilize the market at this point. Their speculative nature is out there for all to know, and these coins don't take themselves too seriously, which means investors are somewhat aware of the risks. Moreover, the top m...
Good question! Yes, meme coins are definitely acting
OKEx staff: Good question! Yes, meme coins are definitely acting as gateways for non-native crypto investors/traders due to their accessibility. There is a definite possibility of these coins sliding sharply in the future, but I wouldn't go so far as to say they can destabilize the market at this point. Their speculative nature is out there for all to know, and these coins don't take themselves too seriously, which means investors are somewhat aware of the risks. Moreover, the top m...
decentralized assets, including your NFTs. But there's more coming soon! OKEx provides a bespoke Web 3.0
provides a bespoke Web 3.0 wallet that you can conveniently use via the browser extension (Chrome or Firefox) or directly in the OKEx app. Currently, staking, savings and yield-farming offers are only available on OKEx Earn via our centralized platform. That's all I can say for now. CT Markets Pro User: I’d appreciate your views on multi-billion dollar meme coins and whether they serve as a viable source of inflow to crypto, or are they ticking time bombs ready to destabilize the market ...
decentralized assets, including your NFTs. But there's more coming soon! OKEx provides a bespoke Web 3.0
provides a bespoke Web 3.0 wallet that you can conveniently use via the browser extension (Chrome or Firefox) or directly in the OKEx app. Currently, staking, savings and yield-farming offers are only available on OKEx Earn via our centralized platform. That's all I can say for now. CT Markets Pro User: I’d appreciate your views on multi-billion dollar meme coins and whether they serve as a viable source of inflow to crypto, or are they ticking time bombs ready to destabilize the market ...
What is the OKEx DeFi Hub?
CT Markets Pro User: What is the OKEx DeFi Hub? What products and services are currently offered and the best staking opportunities? OKEx staff: DeFi is a new mode on OKEx. You can toggle between the "Exchange" and "DeFi" modes on okex.com or in the app. It's basically like a bridge between the worlds of CeFi and DeFi — OKEx brings DeFi to you in one cohesive interface. First of all, you don't have to have an OKEx account to use the DeFi mode. You connect your Web 3.0 wallet, you ca...
What is the OKEx DeFi Hub?
CT Markets Pro User: What is the OKEx DeFi Hub? What products and services are currently offered and the best staking opportunities? OKEx staff: DeFi is a new mode on OKEx. You can toggle between the "Exchange" and "DeFi" modes on okex.com or in the app. It's basically like a bridge between the worlds of CeFi and DeFi — OKEx brings DeFi to you in one cohesive interface. First of all, you don't have to have an OKEx account to use the DeFi mode. You connect your Web 3.0 wallet, you ca...
OKEx staff: Yes, the rumors are true!
OKEx staff: Yes, the rumors are true! [The trading chain] It's called OEC. The mainnet was launched this summer. A little bit about OEC: it's an EVM [Ethereum Virtual Machine] compatible public blockchain that uses Cosmos / Tendermint architecture. OKEx has been quietly developing OEC for several years to make it as robust as possible and to address the blockchain trilemma. As opposed to being an Ethereum clone, it's being built from the ground up. For more in-depth info on OEC...
OKEx staff: Yes, the rumors are true!
OKEx staff: Yes, the rumors are true! [The trading chain] It's called OEC. The mainnet was launched this summer. A little bit about OEC: it's an EVM [Ethereum Virtual Machine] compatible public blockchain that uses Cosmos / Tendermint architecture. OKEx has been quietly developing OEC for several years to make it as robust as possible and to address the blockchain trilemma. As opposed to being an Ethereum clone, it's being built from the ground up. For more in-depth info on OEC...
CT Markets Pro User: Cryptocurrencies have a pretty high beta [volatility]. Do you guys use the same financial model (i.e., Black Scholes) as stocks to price crypto derivatives?
OKEx staff: Our option market uses the Black Scholes model to compute mark price (fair value of the specific contract). And for risk management, we are using a SPAN-like scenario stress-tester (like the Chicago Mercantile Exchange) to calculate the maximum loss of the client's portfolio. CT Markets Pro User: I recently heard [of] some developments with the OKExChain. What's going on with that?
CT Markets Pro User: Cryptocurrencies have a pretty high beta [volatility]. Do you guys use the same financial model (i.e., Black Scholes) as stocks to price crypto derivatives?
OKEx staff: Our option market uses the Black Scholes model to compute mark price (fair value of the specific contract). And for risk management, we are using a SPAN-like scenario stress-tester (like the Chicago Mercantile Exchange) to calculate the maximum loss of the client's portfolio. CT Markets Pro User: I recently heard [of] some developments with the OKExChain. What's going on with that?
