• Sat. Mar 2nd, 2024

AscendEX Continues its Trend of Adopting More Digital Assets

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Apr 21, 2021

According to the latest reports, AscendEX has made yet another exciting announcement for the users of ODDZ. AscendEX is a digital asset trading platform that was formerly known as BitMax and is currently an industry-leading project.

On April 19, 2021, AscendEX announced it has added yet another digital asset to its platform. This goes on to show that AscendEX has been making constant efforts of expanding its services and products to target more users in the crypto-verse.

Almost every week, AscendEX is making the headlines and is gaining the attention of many investors and enthusiasts from the cryptocurrency industry.

This time, the digital asset trading platform has gained the attention of ODDZ users. The firm has announced to the entire crypto-verse, especially, to the ODDZ community that it has enlisted Oddz Protocol Token.

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This means that the users of ODDZ will be able to deposit, withdraw, and trade ODDZ through the AscendEX platform. This move from AscendEX would ensure that the platform gains more user attention and exposure within the crypto-verse. More importantly, it would create more opportunities for adoption for the Oddz Protocol Token (ODDZ).

The firm has confirmed that it had enlisted the ODDZ token on its platform on April 19, 2021. The firm has also confirmed that the implementation of the protocol on the AscendEX platform took place at 01:00 pm UTC.

For now, AscendEX has introduced only one pair for the Oddz Protocol Token (ODDZ), which is the USDT/ODDZ pair. The firm has confirmed that it plans to launch more pairs for the particular token but that depends solely on the demand and adoption level of the digital asset.

When it comes to Oddz Protocol Token (ODDZ), it is a native token to the project called Oddz Finance. The development and launch of the Oddz Finance project were executed on the Binance Smart Chain.

In addition to that, the platform is also available through the blockchains such as Ethereum and Polkadot.

Oddz Finance also has the title for being the first-ever platform that was launched through the Polkadot blockchain, Ethereum blockchain, and Binance Smart Chain for asset trading.

The platform offers several features that distinguish it from the rest of the protocols. Some of the distinguishing features it offers include customer option trading techniques, transparent premium discovery methods, interoperable options trades, and instant trades.

As previously mentioned, the native token offered by Oddz Finance is ODDZ and the users receive them in the form of rewards by staying active on the protocol, and interacting with other users.

The ODDZ tokens also provide users with the power of governance. This means that the deployment of the services, features, and tools is not in the hands of the developers. They can propose the idea of implementing a change, a new product, etc. but the rest of the decision is based on the voting system from the users.

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