Crypto Shots: Okcoin A U.S based global cryptocurrency exchange integrated Polygon Bridge

Polygon that boasts itself to be the “Ethereum’s Internet of Blockchains” as a Layer 2 scaling solutions for building and connecting Ethereum-compatible blockchain networks, has been at the fore-front of doing meaningful collaborations, and somehow have been never been short of making waves in crypto world for it scalable blockahin solutions.

Yesterday on June 3rd,

Okcoin a digital asset trading blockchain based platform, announced their integration with Polygon Bridge, which enables a direct ERC-20 token withdrawals, with this Okcoin will now be able to minimise their gas fee and save almost 25% , which is a huge boost for their trading platform. As user will be able to save a lot while transacting .

This recent integration is already live for Okcoin which is a licensed US crypto exchange offering trading services across 184 countries. Polygon Integration Brings In Savings

What Benefits OkCoin Will Harness With Polygon Bridge integration?

This new development will help Okcoin to

• Facilitate ERC 20 withdrawals directly from Okcoin native wallet to Polygon’s side chain
• The ease of transferring the ethereum based token to polygon’s sidechain will help OkCoin exchange users to easily leverage Polygon’s Defi network to further augment their income in the form of a crypto.

What Will Polygon Earn Out Of This New integration with OkCoin?

Polygon which has been leading the way when it comes to supporting DApps and has >300 DApps already actively trading in Polygon’s ecosystem , this new Okcoin partnership is going further add more users to their existing user base of 1 Million+ and in turn will be boosting their liquidity, trust and stability to their thriving Ethereum based Polygon ecosystem .

You all must be wondering, What Is OkCoin All About ?

Well! Okcoin claims to be the world’s largest global cryptocurrency exchange with the lowest fees around, thanks to polygon to further establish their claim with some solid authority. This US based exchange serves customers across 184 countries with a reliable, secure, and frictionless trading and earning experience.

To know more visit: https://www.okcoin.com/

I Feel:

“The Polygon blockchain solutions is no more a sidechain layer 2 scaling it has become a complete economy powering hundreds of DApps & DeFi ‘s to further enhance the true ethos of truly decentralised world. It has been on my radar from 2020 and my love has increased since then never faded away. ”

Disclaimer!

Opinions expressed here at CryptoWise are not investment advice and are only for educational purposes. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility

Source: https://medium.com/crypto-wisdom/crypto-shots-okcoin-a-u-s-based-exchange-planning-for-polygon-bridge-integration-236052e5b709?source=rss——-8—————–cryptocurrency