OKX will list UST for spot trading
To support Terra ecosystem development, OKX is pleased to announce the listing of UST on our spot trading markets and will launch relative OKX Earn products, so stay tuned!
Trading of UST will start according to the following schedule:
1. UST deposits open at 7:00 am UTC on Nov. 4.
2. Spot trading for UST/USDT opens at 10:00 am UTC on Nov. 4.
3. UST withdrawals open at 10:00 am UTC on Nov. 5.
TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. TerraUSD was created to deliver value to the Terra community and offer a scalable solution for DeFi amid severe scalability problems faced by other stablecoin leaders like Dai. Thus, TerraUSD promises users a higher level of scalability, interest rate accuracy, and interchain usage.
Asset name: TerraUSD
Ticker: UST
Total Supply: 2,826,954,222
Circulating Supply: 2,826,954,222
(Data from Nov. 4, source: Coingecko)
Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
For any inquiries regarding this listing, please feel free to contact us in the official OKX Telegram group or via the Support Center.
OKX,
Nov. 4, 2021
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