OKX to list Ultiverse (ULTI) token for spot trading, starting in June. The platform also integrates BTC and ETH staking, enhancing its ecosystem and user engagement.
In a significant move to diversify and enhance its trading offerings, OKX has announced the listing of Ultiverse (ULTI) token on its spot market. This development follows closely on the heels of the company’s decision to integrate staking options for Bitcoin (BTC) and Ethereum (ETH) in connection with ULTI mining initiative.
According to an announcement on OKX, the listing of ULTI is set to begin with deposits opening at 3:00 am UTC on May 31, 2024, followed by the commencement of spot trading against USDT at 10:00 am UTC on June 6, 2024. Withdrawals will be enabled from 10:00 am UTC on June 7, 2024. Ultiverse, an AI-driven gaming and publishing platform, aims to revolutionize the gaming industry by providing advanced tools and creating a seamless ecosystem for gaming and blockchain integration.
OKX’s move to list ULTI reflects its commitment to offering a wide range of assets to meet the evolving needs of its users.
The new staking options for Bitcoin (BTC) and Ethereum (ETH) linked to ULTI mining present a unique opportunity for users to engage more deeply with the platform while earning rewards. This initiative is part of OKX’s broader strategy to enhance user engagement and value creation within its ecosystem.
Ultiverse’s total supply stands at 10 billion tokens, with a contract address of 0x0E7779e698052f8fe56C415C3818FCf89de9aC6D. The introduction of ULTI to OKX’s trading market is anticipated to attract significant interest from both investors and gamers looking to capitalize on the synergy between gaming and blockchain technology.
As the cryptocurrency market continues to evolve, OKX’s proactive steps in expanding its offerings and integrating new technologies highlight its role as a leading platform in the digital asset space, informs GlobeNewsWire. Investors and users are advised to stay informed about potential risks associated with trading new digital assets, given their high volatility and speculative nature.
Looking ahead, the listing of ULTI and the addition of staking options underscore OKX’s dedication to innovation and user-centric growth. Currently, market participants monitor the moves of ULTI and the impact of these new offerings on crypto market dynamics.
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