OKCoin partners with Unstoppable Domains to simplify exchange transactions

​Unstoppable Domains, a company building blockchain domain names, announced its partnership with OKCoin, a globally licensed cryptocurrency exchange, making OKCoin the first exchange to use human-readable domain names to simplify deposits and withdrawals.

Blockchain domains will allow crypto exchanges like OKCoin to link their deposit addresses to their domain to make it easier for clients to send money into the exchange. As a result, customers can conveniently send to [TheirName].crypto whenever they want to deposit funds into their accounts.

Unstoppable Domains Co-founder, Brad Kam, said: "This is the first of many exchanges to leverage human-readable names as the standard method of introducing new users to cryptocurrency. We aim to deliver the most seamless and hassle-free payment experience for users, akin to a decentralized Venmo."

"This partnership with Unstoppable Domains greatly increases the ease of moving crypto. This is important when onboarding new customers where sending and receiving can be daunting at first. It is critical we provide the necessary tools for users to succeed on our platform, and we believe that the partnership is a step in removing friction in trading and using crypto," said Haider Rafique, OKCoin CMO.