The OceanEx Crypto Exchange recently started accepting new registrations by users to explore the platform particularly built for the ecosystem of VeChainThor (VET). After registering, the users have to fulfill the regular KYC (Know Your Customer) procedures. The process includes uploading ID issued by the government and a document as proof of residence.
The exchange started accepting the registrations on October 22 but is yet to disclose a clear date about the exchange going live. However, speculations are adrift among the VET community members that the exchange might launch it early this month .
OceanEx Crypto Exchange completes development phase of VET
Amidst all the speculations about when the exchange will go live, OceanEx announced that the development phase is now complete. The announcement further added that the team is at present working on an external security audit and internal testing. The exchange is planning a complete launch in the first quarter of next year.
New projects appear on VeChainThor platform
According to the latest update, several new projects are now appearing on the platform of VeChainThor indicating that it is now becoming a very tough competitor to both EOS and Ethereum. VET offers developers a clear solution to several problems that they face on Ethereum including scalability. VeChainThor although new is growing rapidly and promises much more for the future.
OceanEx Crypto Exchange’s VeChain Ecosystem exclusive trading pairs include ETH/USDT, BTC/USDT, VET/USDT, ETH/BTC, VET/ETH, VET/BTC, VTHO/VET. Previously, VET made OceanEx Crypto Exchange a part of crowdfunding and geared it towards creating an Artificial Intelligence (AI) powered digital asset trading platform within the ecosystem of VET. This platform uses AI technologies and provides an ultra-liquid and actively protected virtual currency trading market.
OceanEx is also planning to come up with a wide range of investment strategies for investors and traders on its platform. VET carried out the crowdfunding in two stages. In the first whitelisting phase, the participants compulsorily had to commit a minimum 50,000 VET whereas the VeChain community round came after that.