What is OKEx (Cryptocurrency Exchange)?

OKEx is a cryptocurrency exchange that was founded in 2017 by CEO Jay Hao. The China-based exchange offers services to both institutional and retail investors in the form of features such as spot trading, derivatives trading, and staking. OKEx launched its own blockchain, the OKExChain, in the first half of 2021. This chain is built using a modified version of the Cosmos Tendermint consensus mechanism, Cosmos SDK, and the Cosmos Inter-Blockchain Communication (IBC) protocol.