The rise of meme-coins is being acknowledged by more and more global cryptocurrency exchanges as these exchanges list coins like Shib, Doge, Floki, etc for trading.
The latest addition among crypto exchanges who have listed Shiba Inu and Dogecoin is OKEx exchange. Retail investors can now directly buy and sell Shib, Doge, Kishu Inu, Baby Doge, and Axie Infinity through the platform.
What Can You Trade On OKEx Exchange?
The Chief Executive Officer of OKEx commented upon the recent addition of these meme-coins. “The current expansion of our coin offering is a result of high demand from our user community. At OKEx, the interest of the users is our topmost priority and we will take every possible step to enhance the trading experience for OKEx users. OKEx users can now diversify their crypto portfolio and complete the crypto purchase in a matter of few minutes using the OKEx express buy option”.
OKEx is also planning to collaborate with various payment gateways to enable crypto purchases through its platform in a fast and efficient manner.
Now, users can simultaneously trade spots, derivatives, as well as switch between single and multi-currency assets.
SHIB Burn Party
Recently during Christmas, the first ever crypto record label burned 240 million from Shib supply.
Termed as ‘burn party’, the ShibArmy celebrated as Bigger Entertainment acted as the messiah of the masses by burning millions of Shib from circulation.
“And that’s a wrap!.. thank you to everyone in the #SHIBARMY for tuning in & watching! We were over 2,000 viewers deep! Hope you had as much fun as we did! Until next time! thank you #SHIBARMY”, Bigger Entertainment tweeted.
If you’re not aware about Coin Burns, it is essentially the practice of destroying the coin so that it is not available for further and is wiped off the supplies. This is done by sending the coins to any forgotten or specialized wallets whose private keys are not accessible. This, in turn, removes the token from supply and helps boost the price of the cryptocurrency.
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