Burn

Million

<ul> 
 <li>The corporation has no plans to create an office in India&nbsp; as chief marketing officer.</li> 
 <li>OKX and Neo, a blockchain platform, have collaborated to host an APAC Hackathon in India.</li> 
</ul> 
Crypto exchange <a href="https://thenewscrypto.com/exchange-news-crypto-exchange-okx-releases-10th-proof-of-reserve-por-report/" target="_blank" rel="noopener noreferrer nofollow">OKX</a>, aims to join the Indian market and hire locals to help grow the scope of Web3 apps. OKX’s chief marketing officer, <a href="https://www.okx.com/learn/okx-new-cmo-haider-rafique" target="_blank" rel="noopener noreferrer nofollow">Haider Rafique</a>, has said that the business intends to “exponentially ” expand the availability of its wallet services by engaging with the Indian developer community. He went on to explain that just 5% of India’s Web3 users (about 200,000 people) are now using OKX Wallet. 
According to the most recent statistics from <a href="http://coinmarketcap.com" target="_blank" rel="noopener noreferrer nofollow">CMC</a>, OKX is the sixth biggest cryptocurrency exchange globally in terms of volume. Additionally, it lacks a central office in any one location, instead preferring to operate out of regional centers like Singapore, Dubai, Hong Kong, and the Bahamas. 
<h3 class="wp-block-heading" id="h-community-based-strategy">Community-based Strategy</h3> 
According to Rafique, the corporation has no plans to create an office in India and would instead rely on Indian nationals to head up operations there. The appropriate method to break into the regional market, he said, may be made clear by adopting a community-based strategy. 
OKX and Neo, a blockchain platform, have collaborated to host an APAC Hackathon in Bengaluru, India. According to Rafique, this is a trial run to check certain hypotheses. Moreover, get insight into the local culture, and help out the regional Web3 ecosystem. 
However, there are no centralized laws in place, therefore trading and using cryptocurrencies in India is done at the risk of the investor. There is no outright prohibition on them, but one also can’t use them for banking purposes. Moreover, cryptocurrency is subject to a 30% tax in the nation. 
Highlighted Crypto News Today: 
<a href="https://thenewscrypto.com/binance-burns-796-million-lunc-tokens-in-13th-burn-batch/" target="_blank" rel="noopener noreferrer nofollow">Binance Burns 796 Million LUNC Tokens in 13th Burn Batch</a>

Crypto Exchange OKX Eyes Entry Into the Indian Web3 Market

目录

TheNewsCrypto

发布于 2023年9月1日的其他文章

BingX introduces Copy Trading to the spot crypto market

Toncoin Crypto Price Prediction: Will TON Break Below $1 Level?

Binance LUNA Burn Falls Below One Billion – Sparks Community Reaction

SEC Delays Ruling on Spot Bitcoin ETF From BlackRock & Others

Specialists Depart Market-Making Crypto Firm Jump Crypto to Launch Douro Labs – Here's What You N...

XRP Price History Unveils 'Red September' Dilemma

订阅我们免费的电子期刊，获取每日最新加密领域动态！