Flash News: OKX to Add Smart Layer's SLN Token to its Spot Market

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Feb 21, 2024, 01:02 ET

DUBAI, UAE, Feb. 21, 2024 /PRNewswire/ -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for February 21, 2024.

OKX to Add Smart Layer's SLN Token to its Spot Market

OKX today announced that it will list Smart Layer's SLN token on its spot market on February 23 at 8:00 AM (UTC). This listing will enable users to trade SLN against USDT.

Deposits for the token were enabled today at 4:00 AM (UTC), while withdrawals will be enabled on February 24 at 8:00 AM (UTC).

Smart Layer is a token-incentivised network of service nodes that drives its operations and incentivizes nodes to contribute their resources. It consists of three key components: the blockchain, Anchoring Nodes and Service Nodes. The network creates a secure and efficient environment, with both Anchoring and Service nodes being rewarded with Smart Layer tokens for their participation.

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About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

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SOURCE OKX