New Delhi: Global cryptocurrency exchange OKEx and Bitbns have tied up to provide flexible trading facilities to Indian crypto users across the region. OKEx and Bitbns have integrated the Matic-Polygon ecosystem to provide free blockchain transfers to their users.
By selecting Bitbns via OKEx’s Buy/Sell tool, OKEx merchants in India can buy USDT, LINK, AAVE, MATIC and USDC from Rupee to Rupee via bank transfer, IMPS and UPI.
This partnership will give users access to trading tools or options that Indian crypto users were not aware of before. Users can buy crypto in Rupee trading pairs including USDT, AAVE, Matic, etc., and now have access to the range of trading features available across both exchanges.
Bitbns and OKEx aim to provide Indian traders with a fiat gateway, a range of new rupee trading pairs, priority access to new coin/token launches, and access to high-yield products among others.
“We aim to make the crypto journey easier for all our users. Through our integration with Bitbns Indian users can now easily use bank transfers to buy crypto on OKEx. As a byproduct of the integration, users You can also access a range of diverse trading tools available on OKEx,” said Jay Hao, CEO of OKEx.com, which has more than 20 million users.
OKEx is the second largest crypto exchange in the world after Binance in terms of spot trading as well as derivatives volume.
According to digital asset data provider CryptoCompare, OKEx saw $177.8 billion in spot trading volume and $488 billion in derivatives market volume in August.
“We are working on creating a seamless on-ramp for Indian users so that they can trade various trading options at well-known locations like OKEx. We’ve innovated a lot so that blockchain transfers are free for users by integrating the Matic-Polygon ecosystem.”
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