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According to the news on May 31, OKCoin, a well-known digital currency trading platform in China, announced last night that it will open Ethereum (ETH) business at 22:00 on May 31, 2017, officially supporting ETH recharge and withdrawal functions, and officially open ETH trading at 12:00 on June 1, 2017. The following is the full content of the official website announcement: Dear OKCoin users,
Since its establishment, OKCoin has been continuously innovating in technology and products to better serve users. In the past few years, many people have recommended OKCoin to list various digital assets for various purposes. As a comprehensive digital asset trading platform serving millions of users around the world, OKCoin has always been cautious about adding new digital assets out of a responsible attitude towards every user, and cannot easily recommend a digital asset that has not been tested in the market to our users.
Recently, we have found that more and more OKCoin users are paying attention to the development trend of Ethereum (ETH, ETC), and are looking forward to OKCoin launching ETH and ETC transactions. Based on OKCoin's tracking of ETH and ETC in the past two years, we have decided to officially launch the ETH trading function from the perspectives of technical maturity, continuous innovation of the development team, market liquidity, compliance, etc. Currently, there are more than 90 million ETH in circulation, with a total market value of more than 10 billion US dollars, an average computing power of more than 25,000G across the entire network, and hundreds of various Ethereum applications. Smart contracts based on Ethereum have also been increasingly used. More than 20 of the world's top financial institutions and technology companies, including JPMorgan Chase, Chicago Board of Trade, Bank of New York Mellon, Thomson Reuters, Microsoft, Intel, and Accenture, have established the Enterprise Ethereum Alliance to promote Ethereum to serve enterprise-level needs. Well-known Chinese companies such as Tencent and ZhongAn Insurance have also tried various blockchain applications based on Ethereum technology. The United Nations has begun testing the Ethereum project for the distribution of relief funds to various countries.
We would like to take this opportunity to call on the BTC Core development team and related mining companies to reach an agreement on the expansion technology route as soon as possible, stop the confrontation, activate SegWit as soon as possible, and solve the current BTC transaction congestion problem. In the history of the development of Internet civilization, from IE browser to Nokia mobile phone, no matter how powerful it was or how large its market share was, all behaviors that do not embrace advanced technology and respect user experience have been proven to be self-destructive. In the long run, all trading platforms around the world can only recommend digital assets with advanced technology and respect for user experience to our customers.
OKCoin will open Ethereum (ETH) business at 22:00 on May 31, 2017, and officially support ETH deposit and withdrawal functions. ETH trading will be officially opened at 12:00 on June 1, 2017.
OKCoin will continue to provide you with more satisfactory products and services with excellent product quality and perfect after-sales service.
OKCoin 400-888-6636
May 31, 2017
Dear OKCoin users,
OKCoin was founded on a commitment to providing our users the best product, technology, and trading experience. Over the past few years, we have received frequent requests to launch a variety of digital assets on our exchange. Our stance, as a sophisticated digital asset trading platform that serves millions of users around the world, has always been to be prudent about adding new digital assets that have not been fully tested by the market.
Recently, OKCoin users have taken interest in the development of Ethereum (ETH) and Ethereum Classic (ETC), and there is an increasing demand for OKCoin to enable ETH and ETC trading. For the past two years, we have been constantly reviewing the viability of listing ETH and ETC on factors including technical maturity, innovation, market liquidity, and compliance.
Today, we are formally launching ETH on the OKCoin exchange. Ethereum has a current circulation of 90 million, with ETH reaching a market cap in excess of USD 10 billion, and a total hashrate of more than 25K GB. Hundreds of applications are now built on Ethereum and a growing number of applications are using smart contracts run on the Ethereum blockchain.
More than 20 top global financial institutions and technology companies, including JPMorgan Chase, CME Group, BNY Mellon, Thomson Reuters, Microsoft, Intel, and Accenture, have set up the Enterprise Ethereum Alliance (EEA) to define enterprise-grade applications of Ethereum. China's Tencent, Zhong An Insurance and other well-known companies are also investigating various applications of blockchain. The United Nations has just launched its first large-scale Ethereum test to humanitarian distribute funds.
Given this opportunity, we implore BTC Core developers and relevant Miners to work together and resolve any outstanding technical issues, activate Segwit, and solve BTC's scaling issues. Our industry and the history of technology offers us many warnings, whether it's the IE browser or the Nokia mobile phone. No matter how dominant, how much market share you have, if you do not adopt the latest technology and fail to constantly improve on the core user value proposition, time will pass you by. Ultimately, digital asset exchanges around the world can only advocate for the best technology and aim to provide the best trading experience for our clients.
OKCoin will officially enable Ethereum (ETH) deposit and withdrawal services on 22:00, May 31. ETH trading services will be officially available on 12:00, June 1.
We pride ourselves on excellent product and quality customer service. We at OKCoin look forward to continuing to provide you with the best trading products and services.
OKCoin Bihang: 400-888-6636
2017-5-31 |
