DUBAI, United Arab Emirates, Aug. 16, 2023 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for August 16, 2023.
OKX Lists Lybra Finance's LBR Token on its Spot Market
OKX has listed LBR, the native token of decentralized protocol Lybra Finance, on its spot market on August 16 at 07:00 (UTC). This addition enables users to trade LBR against USDT - and vice versa - via the LBR/USDT spot pair. Deposits for LBR were enabled earlier today at 01:00 (UTC), while withdrawals for the token will be enabled at 10:00 (UTC) on August 17.
LBR is the native token that fuels Libra Finance, a decentralized protocol. Built on Liquid Staking Derivatives (LSD), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future.
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About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.
