The cryptocurrency market is evolving rapidly, and staying informed about new listings and platform updates is essential for traders and investors. OKX, a leading digital asset exchange, has consistently introduced innovative tokens and provided timely updates on blockchain developments. This article reviews key announcements from late 2017, focusing on newly listed cryptos, deposit and withdrawal service updates, hard fork handling, and risk advisories—all critical information for navigating the dynamic crypto landscape.
Newly Listed Cryptocurrencies on OKX
OKX has played a pioneering role in listing emerging blockchain projects, giving users early access to promising digital assets. In late November and early December 2017, the platform launched several high-potential tokens.
On December 5, 2017, OKX announced the launch of ITC (IoT Chain)—a blockchain-powered solution designed to enhance the efficiency and security of Internet of Things (IoT) ecosystems. Shortly after, OKX made history by becoming the first digital asset exchange to list CMT (CyberMiles), a smart contract platform optimized for e-commerce applications.
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Earlier that week, on December 4, OKX added three more tokens:
- LRC (Loopring) – a decentralized exchange protocol using zero-knowledge proofs for secure trading.
- MCO (Monaco) – now known as Crypto.com, this token aimed to revolutionize payments and financial services.
- NULS – a modular blockchain infrastructure project focused on cross-chain interoperability.
These listings reflected OKX’s strategy of supporting both utility and payment-focused tokens with real-world use cases.
Important Updates on Deposits and Hard Forks
Blockchain networks often undergo structural changes such as hard forks, which can impact token holdings and trading activities. OKX provided clear guidance during these critical periods.
An update on BTG (Bitcoin Gold) deposits was issued on December 4, ensuring users understood the requirements for safely depositing this forked asset. Similarly, an earlier notice on BT1 and BT2 handling (December 1) clarified how OKX managed the Bitcoin split scenarios, minimizing confusion among traders.
The BCD (Bitcoin Diamond) hard fork also received attention, with updates published on November 24 and November 22. These communications detailed the issuance process and associated trading risks, particularly concerning BT2—the alternate chain resulting from conflicting mining consensus.
Additionally, OKX addressed the failed Segwit2X hard fork by suspending related handling procedures on November 21. This proactive move protected users from potential losses due to chain instability or replay attacks.
Expansion of Trading Pairs and Platform Support
OKX continued expanding its trading ecosystem with the introduction of multiple new tokens in early December.
On December 1, the exchange launched:
- PAY (TenX) – enabling instant cryptocurrency spending via debit cards.
- DGD (DigixDAO) – representing governance rights in a gold-backed token system.
- GNT (Golem) – a decentralized computing power marketplace.
Just two days prior, on November 30, ACT (Achain) was introduced—a public blockchain platform supporting smart contracts and DApp development.
Further broadening its offerings, OKX launched SNT (Status) and STORJ on November 27:
- SNT powers a decentralized messaging app and Ethereum browser.
- STORJ offers a peer-to-peer cloud storage solution leveraging blockchain encryption.
These additions strengthened OKX’s position as a comprehensive gateway to next-generation decentralized applications.
Withdrawal Service Updates Across Major Tokens
Reliable withdrawal functionality is crucial for user trust and liquidity management. OKX issued several service updates in November 2017 to ensure seamless fund transfers.
On November 29, updates were shared regarding withdrawal services for:
- OMG (OmiseGO)
- EOS
- XUC (Unixcoin)
Then, on November 21, OKX confirmed improvements to withdrawal support for:
- QTUM (Quantum Chain)
- HSR (Hshare)
- NEO & GAS
- ZEC (Zcash)
- DASH
Such regular maintenance ensures transaction finality and network compatibility, especially after protocol upgrades or increased network congestion.
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Spot Trading Updates and Risk Management
Spot markets allow immediate buying and selling of cryptocurrencies at current prices. OKX kept traders informed about changes in spot trading availability.
Updates on IOTA and XUC spot trading were released on November 23 and November 22, respectively. These notices helped users adjust their strategies based on market conditions and technical integrations.
Moreover, OKX emphasized user education by highlighting the risks associated with trading BT2, an unstable fork derivative. The advisory underscored the importance of understanding chain validity, replay protection, and market volatility when engaging with newly emerged or contested cryptocurrencies.
Frequently Asked Questions (FAQ)
Q: What does it mean when OKX "launches" a new cryptocurrency?
A: Launching a new crypto means OKX adds trading pairs for that token, allowing users to buy, sell, and trade it on the platform. It often includes deposit and withdrawal support.
Q: Why are hard fork updates important for crypto traders?
A: Hard forks can create new coins or alter network rules. Exchanges like OKX must handle these events carefully to protect user funds and prevent double-spending or loss of assets.
Q: How can I stay updated on new crypto listings?
A: Follow official exchange announcements, subscribe to newsletters, or check the help center regularly. Platforms like OKX typically publish detailed release notes ahead of major updates.
Q: Is it safe to deposit forked coins like BTG or BCD?
A: Yes, but only after the exchange confirms full support. Always verify deposit addresses and network compatibility to avoid irreversible losses.
Q: What happened to the Segwit2X hard fork?
A: The Segwit2X initiative aimed to increase Bitcoin’s block size but was canceled due to lack of consensus. OKX suspended related operations to safeguard user accounts.
Q: Can I still trade older tokens like SNT or GNT today?
A: Many of these tokens remain active in the market. Check current availability on supported exchanges like OKX for live trading options.
OKX’s consistent rollout of new cryptocurrencies and transparent communication during network events highlights its commitment to security, innovation, and user empowerment. Whether you're exploring decentralized finance (DeFi), blockchain storage, or smart contract platforms, understanding these historical listings provides valuable context for today’s investment decisions.
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