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Now you can create, buy and sell NFT on the OKEx exchange

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Cryptocurrency exchange OKEx launched a platform to create and trade non-fungible tokens ( non-fungible tokens , NFT).

The platform supports NFTs created on the OKExChain network, but will soon have compatibility with the Ethereum network and its tokens. Thus, in the future, other platforms could also join, allowing to import the tokens created in them to OKEx.

In this NFT marketplace, this type of tokens can be exchanged, with the possibility that their authors obtain royalties for their commercialization.

Lennix Lai, who is director of financial markets of OKEx, commented to the media The Block that creators can configure the percentage of royalties they want to receive each time their NFTs are sold among collectors.

«If a creator wants to receive 20% commission in royalties, while another person wants to sell that NFT in the secondary market for 100 USD, then the creator will receive 20 USD and the seller 80 USD “Lai explained.

The executive also said that he is confident in the potential of NFTs. For this reason, they intend to make it easier for NFT enthusiasts to view their assets in one place.

The panel includes a section called “Primary” where they indicate projects will appear “Good quality” NFT, they say. There users can find out about news and releases that may be of interest to them.

Some of the prominent markets for NFT at this time are those of the games BladeWarrior, CryptoGladiator and CryptoUniverse, among others that are being added.

NFT and DeFi markets in one place

With this same Purpose, OKEx also launched a panel for decentralized finance (DeFi). There, after connecting their wallet, for example, Metamask, users can view their portfolio made up of cryptocurrencies and tokens from various networks.

On the OKEx NFT Telegram channel, they announced the launch of these new platforms yesterday, September 2, 2021:

We are launching a digital ecosystem decentralized asset, DeFi Hub, offering a user-friendly portal for decentralized finance and digital collectibles. The first products available in this new decentralized section are the NFT market and the DeFi portfolio.

OKEx, cryptocurrency exchange.

NFT-Okex.
Crypto Universe is one of the NFT collections that will be launched at OKEx on September 6 in the “Primary” section. Source: OKEx.

OKEx’s NFT platform can be used without having to record our data; you only need to connect a wallet compatible with OKExChain such as Metamask , or the native application, OKEx Wallet.

As we have reported in CriptoNoticias, NFTs have brought artists, celebrities and creators closer to the world of cryptocurrencies. Even sports figures like the American gymnast Simon Biles.

OKEx joins with this initiative other exchanges such as Binance and FTX, who also opened their NFT markets this year.

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Sandra Loyd
Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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