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OKEx partners with Bitbns to provide additional trading capabilities for Indian consumers

OKEx, a global cryptocurrency exchange, and Bitbns, India’s largest crypto wallet and exchange platform, have teamed up to improve the region’s flexible trading options for Indian crypto consumers. OKEx and Bitbns have partnered to provide free blockchain transfers to their users using the matic-polygon ecosystem.

The Collaboration

This cooperation will provide users with trading tools and opportunities that Indian crypto users have never had access to before. Users may now buy crypto in INR trading pairs, including $USDT, $AAVE, $MATIC, and more. Therefore, making use of the full range of trading options offered on both exchanges. OKEx aims to provide Indian traders with a unique fiat gateway. Additionally, also a variety of fresh INR trading pairs, priority access to new coin/token releases, and high-yield staking products, among other things, in collaboration with Bitbns.

Jay Hao, OKEx’s CEO, said, “We want to make the crypto experience extremely simple for all of our consumers. Our team has worked tirelessly to find a solution for our Indian users. Through our partnership with Bitbns, Indian consumers may now buy cryptocurrency on OKEx using bank transfers. Users may also use a variety of trading tools offered on OKEx due to the connection.”

Bitbns’ CTO, Prashant Singh, stated, “We’re focusing on developing smooth on-ramps for Indian customers. Therefore, they may trade a variety of trading choices on reputable exchanges such as OKEx. By integrating the matic-polygon ecosystem, we have innovated a lot to make blockchain transactions free for users.”

OKEx and Their Ambitions

OKEx is the world’s largest BTC future derivatives and crypto exchange, with a global reach and user base. Additionally, they want to empower the crypto community. Providing with the next-generation crypto trading tools, security, and technology with its recent operations in South Africa and India. They contain billions in daily trading volumes, which is a testament to its ambition. Therefore, providing a fertile environment for high liquidity and stable server infrastructures. Bitbns’ strong roots in the Indian crypto industry, with over 3 million users across the country, attest to the platform’s excellent liquidity and security.

In the future, OKEx plans to collaborate with a highly localised and trustworthy platform, such as Bitbns, to add a layer of simplicity and transparency. By partnering with the famous Bitbns platform, OKEx hopes to provide users with the best-in-class blockchain and crypto technologies. This is a significant step forward in increasing domestic crypto accessibility and improving the trading experience for the combined 100 million+ customers of both platforms.

Read More: In India, OKEx has launched an NFT marketplace and a DeFi dashboard

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.