{"id":61243,"date":"2023-10-10T11:48:14","date_gmt":"2023-10-10T15:48:14","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=61243"},"modified":"2023-10-10T11:48:58","modified_gmt":"2023-10-10T15:48:58","slug":"ok-group-retires-okcoin-for-global-upgrade-to-okx","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ok-group-retires-okcoin-for-global-upgrade-to-okx\/","title":{"rendered":"OK Group Retires \u2018Okcoin\u2019 for Global Upgrade to \u2018OKX\u2019"},"content":{"rendered":"\n

Okcoin will share the same name as OK Group's other crypto venture, OKX, formerly known as OKEx. Okcoin<\/a> was established in 2013.<\/p>\n\n\n\n

\"OK<\/figure>\n\n\n\n

OK Group, a major cryptocurrency exchange operator, continues to transform its business by rebranding its crypto ventures as “OKX.”<\/p>\n\n\n\n

Hong Fang, chief operating officer at OK Group and president of OKX, announced the rebranding of Okcoin\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> to OKX on X (previously Twitter) in the\u00a0coming months.<\/p>\n\n\n\n

Okcoin will share the same name as OK Group's other cryptocurrency venture, OKX (previously OKEx).<\/p>\n\n\n\n

“I've been part of Okcoin for five years. Over the years, we have put a lot of love and passion into our brand and product,” the executive wrote in the post.<\/p>\n\n\n\n

He added that the platform's rebranding in key operational jurisdictions will benefit its consumers and business.<\/p>\n\n\n\n

Fang stated that OK Group<\/a> intends to rebrand “Okcoin” to “OKX” in Europe and the United States over the next few months, beginning with Singapore.<\/p>\n\n\n\n

The exec assured that consumers will receive the “same set of product services under the same regulatory framework” and will interact with a new brand.<\/p>\n\n\n\n

Fang added that OK Group had recently discontinued the “Okcoin” trademark and product in some regions, including Latin America, the Middle East and North Africa, South Asia, Hong Kong<\/a>, and others.<\/p>\n\n\n\n

The executive emphasized that the United States has always been vital to the company's global strategy. “It is home base for a lot of us on our team. It is special to us,” Fang wrote, adding:<\/p>\n\n\n\n

\n

\u201cDespite all the challenges, we remain committed to the U.S. as a visionary leader that upholds the standards of empowering individuals and protecting freedom with technology as it always has and defines our future as it should be.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Nearly a year ago, OK Group rebranded another division of its company, formerly known as OKEx.<\/p>\n\n\n\n

OKEx announced its transition to “OKX” in December 2022 to become more than a centralized cryptocurrency exchange by incorporating decentralized finance<\/a>, nonfungible tokens, and Web3.<\/p>\n\n\n\n

In 2017, the exchange was established by OK Group CEO Star Xu.<\/p>\n","protected":false},"excerpt":{"rendered":"

Okcoin will share the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx. Okcoin was established in 2013. OK Group, a major cryptocurrency exchange operator, continues to transform its business by rebranding its crypto ventures as “OKX.” Hong Fang, chief operating officer at OK Group and president of OKX, announced the […]<\/p>\n","protected":false},"author":56,"featured_media":58432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,32],"tags":[5371,710,984,2166,12218],"class_list":["post-61243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-crypto-exchange-news","tag-bitcoin-2","tag-business","tag-cryptocurrency-exchange","tag-okcoin","tag-okx-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/okx.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/61243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=61243"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/61243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/58432"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=61243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=61243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=61243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}