NASSAU, the Bahamas, Oct. 03, 2024 (GLOBE NEWSWIRE) — OKX<\/a>,\u00a0a leading crypto exchange and global Web3 technology company, has issued updates for October 3, 2024.<\/p>\n OKX Adds ETH\/BTC to Dual Investment Product, Lists MOODENG, NEIRO, PYUSD and EIGEN<\/strong><\/p>\n OKX today announced the addition of ETH\/BTC to its Dual Investment<\/a> product, as well as the listing of MOODENG, NEIRO, PYUSD and EIGEN.<\/p>\n Key details of OKX’s new additions are as follows:<\/p>\n To learn more, visit OKX’s Support Center<\/a>.<\/p>\n For further information, please contact:<\/strong><\/p>\n Media@okx.com<\/p>\n About OKX<\/strong><\/p>\n OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.<\/p>\n We want to create a future that makes our world more efficient, transparent and connected.<\/p>\n OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).<\/p>\n OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments<\/strong>.<\/p>\n OKX is committed to transparency and security, and publishes its Proof of Reserves<\/a> monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn<\/a>. These articles provide readers with in-depth analyses of all cryptocurrencies<\/a>, including factors influencing Bitcoin prices<\/a> and Ethereum prices<\/a>.<\/p>\n Our most well-known products include: The OKX Exchange, OKX Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for developers, OKX Ventures and OKX Institutional Services. To learn more about OKX, download our app or visit: okx.com<\/a><\/p>\n\n
\uffee Key benefits of the new ETH\/BTC Dual Investment product include:
\u00a0 \u00a0 \u00a0 \u2022 Direct crypto-to-crypto investment without the need for stablecoin conversion
\u00a0 \u00a0 \u00a0 \u2022 No transaction fees
\u00a0 \u00a0 \u00a0 \u2022 The ability to receive an APR during the holding period
\uffee\u00a0Dual Investment is an advanced product that gives eligible users the opportunity to maximize their profits by choosing a major crypto pair to trade. By subscribing to a Dual Investment product, customers are selling an options contract and receiving a premium. The returns can be in either of the cryptocurrencies, depending on the type of options and the target price<\/li>\n
\uffee Moo Deng (MOODENG) is a meme coin inspired by Thailand\u2019s pygmy hippo star
\uffee NEIRO is a meme coin inspired by a real-life Shiba Inu. Atsuko Sato adopted the dog Neiro after Kabosu\u2014the famous Shiba Inu that inspired Dogecoin\u2014passed away in May 2024<\/li>\n
\uffee PayPal USD, also known as PYUSD, represents a significant advancement in the realm of digital currencies, being a stablecoin that maintains a 1:1 value ratio with the US dollar.<\/li>\n
\uffee\u00a0EigenLayer<\/a> is a protocol on the Ethereum network that introduces the concept of “restaking.” This allows Ethereum stakers to use their assets, such as ETH or Liquid Staking Tokens (LST), to secure multiple applications and earn additional rewards<\/li>\n<\/ul>\n
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