Key highlights:
- Bybit has announced that Okse will be the next project featured on Bybit Launchpad 2.0
- Users will be able to commit BIT tokens to receive an allocation of OKSE tokens, or stake 100 USDT for a chance to win an allocation of tokens
- Okse is a project with a mobile wallet and card that simplifies cryptocurrency transactions and payments at merchants worldwide
Users will be able to get an OKSE token allocation on Bybit Launchpad 2.0
The Bybit cryptocurrency exchange has announced that OKSE will be the next token featured on its Bybit Launchpad 2.0 token sale platform. OKSE is a utility token launched by Okse, a project offering a wallet and card for cryptocurrency payments.
Okse, which supports the BNB Chain, Avalanche and Fantom blockchain platforms, allows users to spend their tokens at merchants across the globe while retaining control over their private keys. The Okse card is accessible through the Okse Wallet, a mobile app that’s available for the iOS and Android platforms. To ensure compliance, Okse Wallet users must pass a Know-Your-Customer (KYC) check.
The OKSE token is used in the Okse Wallet ecosystem. The token is designed to be used for governance, staking, payments and rewards. Users spending crypto through the Okse card can earn OKSE tokens, and the tokens can be staked to increase daily debit card payment limits.
The OKSE token sale on Bybit will use the new Bybit Launchpad 2.0 format, which means that interested users can either commit their BIT tokens to subscribe to a token allocation, or temporarily stake 100 USDT to participate in a lottery system where winning participants win a token allocation. In total, 5.9 million OKSE tokens (0.59% of the total supply) will be made available through Bybit Launchpad.
Get OKSE on Bybit Launchpad 2.0
Users can start committing their BIT or USDT tokens for the OKSE token sale on Bybit Launchpad 2.0 now. The OKSE token is expected to begin trading on Bybit’s spot markets starting with September 5, 2022.
Bybit is a popular cryptocurrency exchange that offers spot and derivatives trading for cryptocurrencies, as well as a variety of passive income products for cryptocurrency investors. The exchange has also launched its own marketplace for non-fungible tokens. In the last 24 hours, Bybit has handled $3.1 billion worth of volume on its derivatives platform and $220 million worth of volume on its spot markets.
