OKEx Introduces BABYDOGE to Its Trading Platform

OKEx​, a leading cryptocurrency spot and derivatives exchange in the world, announced on August 10 the it has listed BABYDOGE - a new token created by fans of the widely popular Dogecoin, to its blockchain trading platform, OKExChain.

According to the official press release, deposits for BABYDOGE are currently open and are solely available via OKExChain. And spot trading for BABYDOGE/USDT opened at 10:00 am UTC on August 10.

BABYDOGE is yet another example of a creation driven by the vivacious crypto community. As a token derived from DOGE, BABYDOGE pledges to reward the community with more effective transaction speeds. Moreover, it is hyper-deflationary and continues to reward BABYDOGE holders with additional tokens, which are added to holders' wallets automatically. 

"As one of the first major global exchanges to add BABYDOGE to our portfolio, OKEx continues to lead the industry in being at the forefront of diversifying our offerings for our valued customers. The meme token trend has certainly been incremental in bringing in new investors to the space, and we look forward to continuing our role in supporting this decentralized community," OKEx CEO Jay Hao put it.

In February, Fazzaco reported that OKEx has integrated with Unstoppable Domains​, a company building blockchain domain names, to simplify deposit and withdrawal transactions through OKEx wallet.