Working as a powerful DeFi portal built on Ontology, OIN Finance has announced OIN token’s listing on the popular Singapore-based digital asset trading exchange, BitMax. The deposit and withdrawal for OIN assets began at 10 PM EDT on September 2, whereas the token trading was kickstarted at 10 AM EDT on September 3 for the users. The news was circulated in the crypto media through a post on the official Twitter handle quoting:
OIN's farmland are opening for all types of assets!? https://t.co/dVhzoResgk
— OIN Finance (@FinanceOin) September 3, 2020
As part of the integration, OIN Finance will serve as a Layer 2 cross-chain DeFi project for BitMax exchange. The listing will help the OIN community enjoy exposure to enhanced market liquidity by rendering them to trade against a cluster of more than 100 cryptocurrencies on the portal.
OIN Finance takes pride in being one of the first DeFi-powered solutions that do not employ the Ethereum blockchain. The team strives to curate a robust DeFi gateway that encourages traditional investors’ participation in the fast-growing domain. The portal recently completed the OIN Public Sale successfully and witnessed a whopping 22,000 applications within 15 minutes of the live event. The diversified product offerings of OIN Finance will include a liquidity mining DEX, a native lending portal on ONT, and a stablecoin USDO to fuel the network operations.
Launched in 2018, BitMax is one of the most trusted cryptocurrency exchanges designed by the professional team of Wall Street quant trading experts. The exchange deals in a plethora of services, including crypto-crypto exchange, OTC or fiat-crypto exchange, staking, futures trading, perpetual contract trading, margin trading, derivatives, etc. It is the curator of a unique crypto-based investment solution named BitTreasure. One of the stunning features of BitMax is ‘copy trading’ that allows investors to compete or imitate the best trader on the block.
The BitMax team is confident that though OIN is still in its nascent development stage, the entity has great expertise. The exchange aspires to use the powerful OIN infrastructure tools to reap in the DeFi space’s benefits. Participating teams will work together to lay the foundation of some of the most innovative and advanced products and trading solutions for DeFi fans.