OKX launches trading competition with 2 million MEMEFI prize pool
- OKX has listed MAJOR Token and started trading for the MAJOR/USDT pair on November 28, 2024.
- The platform now supports USDT on Aptos, expanding the options for traders significantly.
- The trading competition aims to stimulate engagement within the trading community, offering substantial rewards.
In Victoria, Seychelles, on November 29, 2024, OKX made substantial announcements concerning its platform. One of the most significant updates was the listing of the MAJOR Token, the native cryptocurrency of Major, a game that debuted on Telegram. Trading for the MAJOR/USDT pair commenced on November 28, indicating a strategic move to cater to the gaming community and to leverage the increasingly popular sector of rating-based games on social media platforms. Additionally, OKX introduced support for USDT on Aptos, a new Layer 1 blockchain that adopts the Move programming language. This action signals a commitment to expanding its offerings and providing more versatility for its users. With this inclusion, OKX now supports USDT across eleven native chains, enhancing accessibility and creating opportunities for liquidity across various decentralized ecosystems. This also demonstrates OKX's strategic approach to remaining competitive within the rapidly evolving blockchain and cryptocurrency landscape. Moreover, to engage users further, OKX unveiled a trading competition dubbed 'OKX Racer,' which is a Telegram-based game where participants predict Bitcoin price movements in five-second intervals. The prize pool for this competition is a substantial 2 million MEMEFI tokens, aimed at attracting traders and incentivizing participation among the crypto community. Top performers will be recognized, with the top 2,000 traders by volume rewarded, fostering an environment of healthy competition and increased trading activity. The measures taken by OKX reflect its ongoing mission to organize and enhance accessibility to blockchains, while also striving to maintain a high level of transparency and security. The firm consistently publishes its Proof of Reserves monthly, strengthening user confidence. As the world of virtual currencies continues to grow exponentially, developments like these signify proactive growth strategies by major players within the market, ensuring they remain relevant and enticing to users.