Ondo

OUSG

Spot

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/okx-adds-ondo-to-trading-platform" data-wpel-link="internal" rel="noopener noreferrer nofollow">OKX Adds ONDO to Trading Platform</a><br></p>
<p style="text-align: justify">OKX, a prominent cryptocurrency exchange, has introduced the Ondo (ONDO) token to its spot trading market. This new listing has generated significant excitement among investors, leading to a notable increase in the token’s price. The inclusion of ONDO on OKX has provided users with new trading opportunities and expanded the exchange’s token offerings.</p>
<h2 id="when-did-ondo-listing-begin">When Did ONDO Listing Begin?</h2>
<p style="text-align: justify">OKX users were able to start depositing ONDO tokens from July 29, 2024, at 10:00 AM (TSI). Spot trading for the ONDO/<a href="https://en.bitcoinhaber.net/exploring-tethers-growth-and-regulatory-challenges-as-highlighted-by-jpmorgan" data-wpel-link="internal" rel="noopener noreferrer nofollow">USDT</a> pair commenced shortly after at 11:00 AM (TSI) on the same day. Withdrawals for ONDO tokens are scheduled to be available starting July 30, 2024, at 1:00 PM (TSI). These developments have been well-received by the market, coinciding with a broader recovery in the cryptocurrency sector.</p>
<h2 id="what-is-ondo-finance">What is Ondo Finance?</h2>
<p style="text-align: justify">Ondo Finance is a forward-thinking protocol aiming to enhance liquidity, accessibility, and efficiency within <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">financial markets</a> by tokenizing real-world assets (RWA). The protocol offers notable assets such as the OUSG Fund, a tokenized version of BlackRock’s iShares Short Treasury Bond ETF, and USDY, an interest-bearing stablecoin backed by short-term US Treasury bonds and bank deposits.</p>
<p style="text-align: justify">The ONDO token’s total supply is capped at 10 billion units, with its contract address being 0xfAbA6f8e4a5E8Ab82F62fe7C39859FA577269BE3. The listing on OKX represents a significant milestone for Ondo Finance, providing investors with access to innovative financial instruments rooted in real-world assets.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">– ONDO deposits began on July 29, 2024, with trading launching the same day.<br> – ONDO withdrawals are set to start on July 30, 2024.<br> – The token’s price surged by over 8% following the listing.<br> – Ondo Finance offers tokenized versions of US Treasury bonds and interest-bearing stablecoins.</p>
<p style="text-align: justify">The listing of ONDO on OKX not only diversifies the exchange’s offerings but also positions Ondo Finance as a significant player in the tokenized asset space. Investors now have the opportunity to engage with innovative financial products that blend traditional assets with blockchain <a href="https://newslinker.co/category/technology/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">technology</a>.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/okx-adds-ondo-to-trading-platform" data-wpel-link="internal" rel="noopener noreferrer nofollow">OKX Adds ONDO to Trading Platform</a></h5>

OKX Adds ONDO to Trading Platform

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