25 billion trades worth $21 trillion on OKEx in 2021

25 billion trades worth $21 trillion on OKEx in 2021

New Delhi, January 3, 2022: In 2021, OKEx continued to provide an industry-leading trading experience for its more than 20 million users across over 100 regions globally.

In 2021, OKEx processed more than 25 billion trades, while trading volumes reached over $21 trillion.

OKEx traders saw 220 new pairs listed across all markets in the year. But it wasn’t just about more assets, we also launched tons of new features, integrations and upgrades in 2021, ranging from industry-leading improvements such as our unified account systems and a portfolio margin mode to numerous third-party integrations, including with Lightning Network, Polygon and Algorand.

Given how DeFi remained a strong sector in 2021, we also launched a dedicated DeFi mode on the OKEx web and app. OKEx DeFi includes an entire marketplace for minting, listing and trading NFTs, as well as a blockchain gaming center and a dashboard for managing all your DeFi assets across networks.

Moving back to our centralized services, OKEx Earn, with its new staking, mining and saving deals, saw over $5.1 billion in assets staked and locked by users, and paid out over $314 million in passive income.

OKEx in numbers — 2021

Apart from industry-leading services, top-tier customer support has been one of our main priorities. We successfully handled nearly 600,000 requests in 2021 and continue to educate the community about OKEx and the wider crypto industry with our tutorials, reports and weekly newsletter.

Finally, we wrapped the year up with our first in-person event since the start of the pandemic, debuting OKEx DeFi at DCentral Miami.

OKEx DeFi was a key sponsor of DCentral Miami on Nov. 30-Dec. 1, 2021

While this overview goes over a lot of the year’s highlights, it doesn’t include everything we did behind the scenes to make your trading experience on OKEx even more seamless, secure and intuitive than ever before.

As we welcome 2022, we want to thank all of our community members and partners for their continued support. Cheers to an even better year ahead with bigger achievements and successes!

2022 outlook by Jay Hao, CEO of OKEx.com

The crypto market will enter into a sustained growth phase in 2022. The world is embracing crypto assets at a very fast pace and we need a homogenous regulatory framework for the global crypto industry. We strongly support that countries around the world should adhere to FATF norms to ensure a transparent and investor-friendly crypto ecosystem.

Rise of NFTs: NFTs will be an exciting space to watch. We can expect more brands to join the NFT party to enhance customer engagement and create new revenue streams for their brand. Artisans will realize the importance of a digital marketplace for their artworks which completely removes the revenue-eating middlemen.

Stablecoins, yes please: In 2022, stablecoins will create a prominent place in the crypto portfolio of investors. They will not only act as a store value but will serve as an important asset to beat inflation. We will see the rise of stablecoins with more crypto companies launching their stablecoins to provide much-needed diversification to investors.

Bitcoin vs Ether: We are excited to see the performance of bitcoin in the next year. We can expect a bull run in the second quarter of 2022, owing to regulatory clarity and other key economic factors surrounding financial markets. Bitcoin vs Ethereum battle will be on the watch list of most crypto enthusiast in the year 2022.

Defi to take center stage:  As the crypto industry evolves and investors gain more knowledge about crypto assets, we will see more investments in specific coins which belong to blockchain paying pivotal role in decentralized finance.