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OKEx crypto exchange launched NFT Marketplace and DeFi hub

Crypto exchange OKEx recently nuanced its new platform to enable its uses for mint, store and trade NFTs.

OKEx
Photo By "OKEx"

The NFT marketplace is in support of the trading of NFTs on both the native blockchain of crypto exchange OKEx. OKExChain and Ethereum allow users to import the NFTs that they have created and stored on other platforms.

This platform will also allow their users to mint their NTFS of any kind. They can use both the blockchains and enable their users to set up their royalty fees.

In every subsequent transaction, users can pay this royalty on the secondary market in the marketplace. Additionally, this crypto exchange also noted that zero fees get paid out of the exchange for the sale of NFTs.

Lennix Lai, the OKEx director, noted that this marketplace needs effective management of NFTs to bring further adoption in this space.

“With DeFi Hub, we’ve created an NFT Marketplace that will accelerate NFT adoption by making it easier than ever for anyone to create, exchange, and sell NFTs,” he said.

“The NFT market is growing rapidly in popularity, creating a need for a comprehensive system for managing NFTs.”

This platform is currently supporting several projects, which will mint in the coming days before its listing on secondary marketplaces. It is currently supporting Metamask, WalletConnect, and OKEx wallet.

The DeFi dashboard of OKEx offers a holistic interface that enables the management of decentralized assets in DeFi protocols. Additionally, there is a much convenient farming tool that will come up in the future. It will allow users to have very simple access to yield farming protocols and for the secure investment of their assets.

To use this dashboard, users need to use the border extension of the OKEx wallet. Lai also noted that there are plenty of advantages that come with the DeFi dashboard.

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