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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: XM8 on June 10, 2021, 04:31:05 AM

Title: Crypto exchange OKEx has announced an integration with scaling solution Polygon.
Post by: XM8 on June 10, 2021, 04:31:05 AM

Crypto exchange OKEx has announced an integration with scaling solution Polygon. The platform seeks to provide more access to Ethereum-based dApps. Thus, developers can build, and users can connect to them at a lower cost.

Ethereum is the number one platform for DeFi dApps. Uniswap, Curve, Aave, and others, operate on its network. The high operational cost has forced some users to look for alternatives. They have found them on Binance Smart Chain, Solana, and others.
However, DeFi on Ethereum remains popular and the features, security, and decentralization of their dApps along with the fast growth of its ecosystem continue to attract new users. OKEx leverage Polygon to provide its users with a better experience when transferring funds from the exchange platform to Polygon’s network and into DeFi.

OKEx CEO Jay Hao highlighted the importance of solutions such as Polygon for users which are “priority” for the platform. Hao addedsource (https://bitcoinist.com/okex-integrates-with-polygon-how-it-could-reduce-costs-for-defi-adoption/)