Seychelles-based crypto exchange OKX adds LBR and HBAR tokens
OKX, a crypto exchange based in Seychelles, has recently added two tokens to its platform. The first token is LBR, the native token of Lybra Finance’s decentralized system, which is now available in the spot market. The second token is HBAR, the token of Hedera, which is now included in OKX’s perpetual market.
Main breakdowns:
– OKX adds LBR token to its spot market
– OKX includes HBAR token in its perpetual market
– Users can deposit LBR against USDT starting from Aug. 16
– Withdrawals for LBR will begin on Aug. 17
– LBR has experienced a drop in price but has shown significant gains in the past two weeks
According to OKX, users of their platform can now deposit LBR against Tether (USDT) using the new LBR/USDT spot pair starting from August 16. However, withdrawals for LBR will only commence on August 17. Currently, the price of LBR is $1.96, which is an 11.7% drop from the previous 24 hours. Despite this drop, LBR has gained more than 55% in the last two weeks and 58% in the past seven days alone, as reported by CoinGecko.
Hot Take:
The addition of LBR and HBAR tokens to OKX’s platform provides more options for crypto traders. While LBR has seen a recent drop in price, its significant gains in the past weeks indicate potential for future growth. This move by OKX demonstrates their commitment to expanding their token offerings and catering to the needs of their users.
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