Introduction
OKX, one of the world's leading cryptocurrency exchanges, has announced the listing of VENOM, a new altcoin available for spot and margin trading. This marks the first exchange listing for VENOM, a Layer-0 blockchain designed for Web3.0 applications.
Key Details About VENOM Listing on OKX
- Spot Trading Launch: VENOM/USDT trading pair went live on March 25.
- Margin Trading: Begins March 26, with withdrawals enabled from March 28.
- Token Utility: VENOM serves as the network token for staking, governance, and transaction fees.
- Current Price: As of launch, VENOM is valued at $0.6975, showing a 36% intraday surge post-listing.
Why VENOM Stands Out
VENOM is a multi-chain network built for scalability in DeFi and cross-border payments. Its architecture relies on:
- Work-Chains and Shard-Chains: Side-chains that process transactions independently, reducing network congestion.
- Master-Chain: Manages validators, staking, and network governance.
👉 Discover VENOM trading on OKX
Trading Fees and Considerations
- Pre-Launch Fee Cap: 0.03% until March 25.
- Post-Launch Fees: Standard rate of 1.50% applies after March 25.
- Premium Bonus Users: May encounter temporary limitations during margin trading activation.
Tokenomics and Market Performance
- Total Supply: 7.2 billion VENOM tokens.
- Exclusive Launch: OKX is the first and only platform offering VENOM trading.
- Price Volatility: Early trading shows significant momentum, with a 36% price increase shortly after listing.
FAQs About VENOM and OKX Listing
1. When did VENOM trading start on OKX?
Spot trading began on March 25, followed by margin trading on March 26.
2. What makes VENOM unique?
VENOM is a Layer-0 blockchain optimized for Web3.0, combining sharding technology with multi-chain interoperability.
3. Can I stake VENOM tokens?
Yes, VENOM supports staking via its native platform, VenomStake.
4. What are the withdrawal timelines?
Withdrawals are enabled starting March 28, 2025.
5. How does OKX ensure trading stability for new listings?
OKX implements fee caps (0.03%) during initial launch phases to mitigate volatility risks.
6. Is VENOM available on other exchanges?
Currently, OKX is the exclusive platform listing VENOM for trading.
Conclusion
The listing of VENOM on OKX introduces a promising Web3.0-focused blockchain asset to the crypto market. With its innovative architecture and strong early performance, VENOM presents new opportunities for traders and stakers alike.
👉 Start trading VENOM on OKX today
Disclaimer: Cryptocurrency trading involves high risk. This content is for informational purposes only and does not constitute financial advice.