Cryptocurrency exchange OKX has announced the listing of Venom Network (VENOM) for spot trading, enabling users to trade the VENOM-USDC pair. Deposits for VENOM are now open, with withdrawals scheduled to begin at 10:00 am UTC on March 28, 2024.
What Is Venom Network (VENOM)?
VENOM is the native token of Venom Network, a Layer 0 blockchain designed to support scalable infrastructure for corporate, governmental, and Web3 applications. Key features include:
- Mesh-network architecture for independent economies.
- Integration with traditional financial services (e.g., CBDCs).
- 7.2 billion VENOM total supply.
Technical Highlights
- 100,000+ TPS with 0.2–0.3-second finality.
- $0.0002 average transaction fees.
- Dynamic sharding and hybrid PoS/BFT consensus.
👉 Explore VENOM trading on OKX
OKX’s Global Expansion
OKX, serving 50+ million users, continues to grow:
- Launched in Turkey as a regional hub.
- Received in-principle Singapore license for payment services.
- Facilitated $75B+ in monthly trading volume (February 2024).
FAQs
1. When can I withdraw VENOM from OKX?
Withdrawals start at 10:00 am UTC on March 28, 2024.
2. What makes Venom Network unique?
Its Layer 0 design and high throughput (100,000+ TPS) cater to institutional and Web3 use cases.
3. Is VENOM available for futures trading?
Currently, only spot trading (VENOM-USDC) is supported.
Disclaimer
This content is for informational purposes only. Invest responsibly and consult financial advisors if needed.
Keywords: OKX, Venom Network, VENOM token, spot trading, Layer 0 blockchain, cryptocurrency exchange
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