OKCoin Adds Ethereum Trading, Warns Bitcoin Might Fail

Photo: FM

More good news for long term Ethereum holders from China.

After it was revealed that Huobi is adding ETH transactions, its competing giant Chinese Bitcoin trading venue, OKCoin, is jumping on the Ethereum bandwagon too.

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The popular platform announced to its clients that ETH trading services will be officially available at OKCoin on June 1, 2017.

Explaining the process, the company writes: “Recently, OKCoin users have taken interest in the development of Ethereum (ETH) and Ethereum Classic (ETC), and there is an increasing demand for OKCoin to enable ETH and ETC trading. For the past two years, we have been constantly reviewing the viability of listing ETH and ETC based on factors including technical maturity, innovation, market liquidity, and compliance.”

Bitcoin Might Fail

OKCoin also took this opportunity to send a very direct and strong message to those who it thinks are jeopardising the future of Bitcoin:

“We implore BTC Core developers and relevant Miners to work together and resolve any outstanding technical issues, activate SegWit, and solve BTC’s scaling issues. Our industry and the history of technology offers us many warnings, whether it’s the IE browser or the Nokia mobile phone. No matter how dominant, how much market share you have, if you do not adopt the latest technology and fail to constantly improve on the core user value proposition, time will pass you by. Ultimately, digital asset exchanges around the world can only advocate for the best technology and aim to provide the best trading experience for our clients.”

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