OKX

The United Arab Emirates has announced a significant tax break for cryptocurrency users, exempting all crypto transfers and conversions from Value Added Tax (VAT). This move is seen as a step towards mainstream adoption of cryptocurrencies in the region.n nKey points:n- All crypto transfers and conversions now VAT-exemptn- Aims to encourage crypto adoption and usagen- Potentially positions UAE as a crypto-friendly jurisdictionn nThis tax exemption could make the UAE more attractive for crypto businesses and investors. However, it's important to note that while this is a positive development, cryptocurrency regulations and tax policies can evolve rapidly.n nFor those interested in crypto activities in the UAE, it's advisable to consult with local tax professionals to understand the full implications of this new policy.

OKX Wallet has launched a new feature to help users assess the risk level of new tokens. This tool aims to simplify the process of doing your own research (DYOR) by displaying risk levels for tokens in just a few taps. Key points: - Designed to detect potential rug pulls and honey pots - Provides quick risk assessment for new tokens - Accessible through the OKX Wallet interface This feature is part of OKX's efforts to enhance user security and improve the overall crypto trading experience. By providing easy access to risk information, users can make more informed decisions about their investments. While this tool can be helpful, it's important to remember that it should be used in conjunction with other research methods and not as a sole decision-making factor.

OKX, a major cryptocurrency exchange, has announced the listing of $EIGEN, the token of EigenLayer. The EIGEN/USDT spot trading pair will be available starting October 1st at 6:00 AM UTC.n nThis listing follows a previous announcement on August 29th, when OKX introduced EIGEN pre-market futures trading.n nEigenLayer is a notable project in the Web3 space, attracting attention from major exchanges. The listing on OKX may increase liquidity and accessibility for EIGEN token holders.n nTraders and investors interested in EIGEN should:n n- Mark their calendars for the October 1st listing daten - Research EigenLayer and its token utilityn - Consider potential market impacts of this new listingn n Always conduct thorough due diligence before trading any cryptocurrency.

OKX has announced the launch of a new perpetual futures contract for POL/USDT, representing the Polygon (MATIC) token paired with USDT. This addition expands OKX's cryptocurrency derivatives offerings.n nKey points:n- POL/USDT perpetual future now available for tradingn- Margin trading feature coming soon for this pairn- Simple Earn option also planned for near futuren nThis launch follows OKX's recent introduction of the CATI/USDT perpetual future for the Catizen AI token. The exchange continues to broaden its range of crypto trading instruments, catering to traders seeking exposure to various digital assets through futures contracts.n nTraders interested in the new POL/USDT perpetual future can access it now on the OKX platform.

A new decentralized exchange (DEX) platform has been launched, providing users with access to a wide range of decentralized finance (DeFi) services. The DEX integrates with 20 different blockchain bridges, aggregates over 400 decentralized exchanges, and supports 30 different blockchains. This allows users to conduct trades across multiple networks and platforms from a single interface, giving them greater control and ownership over their transactions.

Coinbase has announced that wallet maintenance will be ongoing for the next 24 hours. During this period, coins and tokens will be transferred between wallet addresses. The company has assured users that their funds remain securely held throughout the maintenance process.

Bitcoin, the pioneering cryptocurrency, has achieved a significant milestone by processing over 1 billion transactions. This accomplishment highlights the growing adoption and usage of Bitcoin as a digital currency and payment system.

OKX, a leading cryptocurrency exchange, has hinted at an exciting collaboration with the Tribeca Film Festival scheduled for 2024. The company shared a throwback to their previous partnership with the cast of the popular TV series 'The Walking Dead' last year, building anticipation for their upcoming plans. While details remain scarce, OKX promises to unveil more information about this partnership in the coming months.

Crypto.com has announced its platinum sponsorship and exclusive ticketing partnership for the Global Metaverse Convention (GMVN), a major blockchain innovation and cultural event taking place in Vietnam and Southeast Asia on June 7-8. The company is encouraging attendees to secure their tickets through its platform.

A leading cryptocurrency exchange has announced that it is the first to allow users to withdraw the Tether (USDT) stablecoin on the TON blockchain without any fees. Previously, on April 21st, the exchange had added support for USDT deposits and withdrawals on the TON blockchain. This move aims to provide users with a more cost-effective and efficient way to transact with USDT on the TON network.