OKEx News: Global crypto exchange and derivatives trading platform OKEx has announced its latest addition to its supported blockchain list. OKEx has also included Mina Protocol.
What is Mina Protocol and what does it contain?
Mina Protocol was developed with the requirements of dApps in mind. The protocol has a blockchain the size of two tweets compared to its calculated counterparts, where the average Blockchain size is currently hundreds of GB and has grown – corresponding to about 22 KB.
Mina Protocol implements advanced encryption and recursive zk-SNARKs to deliver a truly decentralized, scalable and secure Blockchain that can serve the advanced needs of dApps. Understanding the implications of such a solution on the future of Blockchain technology, OKEx emerged as one of the first supporters.
Why is MINA so valuable?
The CEO of the company, Jay Hao, made the following statements on the subject:
“The Mina Protocol helps to balance security. OKEx is not only a marketplace for users, but a platform that brings together blockchain minds, and we look forward to further partnerships with like-minded startups such as Mina Protocol.”
With a total supply of 1,000,000,000,000, MINA seems to have the potential to be a valuable asset due to the possibilities it offers to dApps. Seeing this development, OKEx acted quickly, opening access to MINA in a calibrated manner on its platform, starting with Call Auction trading and a gradual increase in buy limits within the first two and a half hours of listing.
OKEx continues to support pioneering projects in the Blockchain and DeFi space as we push for universal access to financial services. Also, the platform continues to engage with its community, taking into account their wishes and feedback to list new projects and trading pairs.
It looks like MINA will be just one of many tokens joining the OKEx ecosystem with much more to come in the near future.