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The cryptocurrency exchange OKX announced the integration of Toncoin’s (TON) wallet service into OKX Wallet. This move marks the addition of the 100th protocol to their platform, highlighting the exchange’s commitment to supporting various Blockchain ecosystems under its “on-chain, any chain” philosophy. As known, OKX Wallet operates as an independent Web3 product and integrates with OKX’s decentralized exchange (DEX).
OKX’s CMO Highlights TON’s Popularity and Strong Community Support
OKX’s CMO Haider Rafique cited TON’s popularity and strong community support as key factors for the integration. He mentioned that OKX’s selective listing process focuses on altcoins with proven demand and community engagement. According to market data from CoinMarketCap, TON is the eighth most traded altcoin on OKX, following major trading pairs like BTC/USDT and SOL/USDT.
Rafique noted that TON‘s trading activity often increases with the introduction of new gamification features that boost user engagement within the ecosystem.
The most attractive feature for TON users is its easy participation in network incentives and gamified programs, making it appealing beyond speculative trading. This functionality leverages Telegram’s vast user base, contributing to TON’s better performance compared to broader cryptocurrency market trends.
NEAR, Blast, and zkLink Nova Preceded TON Integration
Before integrating TON, OKX Wallet had already expanded its support by adopting other Blockchain networks like NEAR, Blast, and zkLink Nova. Additionally, Uniswap Labs’ trading APIs were recently integrated, and a platform for Web3 game developers was launched to further enhance the ecosystem’s functionality and appeal.
Overall, OKX’s support for TON reflects its strategy of integrating high-demand altcoins with strong communities into its wallet ecosystem. By focusing on user engagement and the adoption of innovative features, OKX aims to provide an experience that meets the standards and expectations of cryptocurrency protocols and users.
