THELOGICALINDIAN - OKCoin hopes to allure new crypto users by axis complicated crypto addresses into animal clear names
Cryptocurrency barter OKCoin has appear abutment for “.crypto” area names that can serve as easy-to-remember wallet addresses.
OKCoin Makes Wallet Addresses Easy to Use
OKCoin has partnered with Unstoppable Domains, the development aggregation abaft “.crypto” area names, for affiliation with the barter wallets.
By introducing “.crypto” domain names, OKCoin will abridge deposits and withdrawals for barter users beyond 192 countries.
Despite massive user growth, cryptocurrency wallets still await on continued and complicated addresses to accomplish transactions, which can be annoying for abounding users.
According to OKCoin, account is additionally analytical to onboard new cryptocurrency users as the bazaar continues to evolve.
Therefore, the crypto barter will accommodate its users the adeptness to actualize easy-to-remember names as a backup for wallet addresses.
“OKCoin is committed to anecdotic and implementing strategies to accommodate the best barter acquaintance for customers, and Unstoppable Domains abundantly increases the affluence of sending crypto, which can be difficult for new users,” said Haider Rafique, CMO at OKCoin.
Users can blazon a simple domain name (e.g., bob.crypto) instead of application a continued alphanumeric wallet abode to accomplish a transaction.
Unstoppable Domains has led the affiliation of its area names account with arch projects in the blockchain space, including Litewallet, CoinBase, Chainlink, Trust Wallet, Gemini Custody, MyEtherWallet, and others.
“The Unstoppable Domains affiliation with OKCoin will be a linchpin for exchanges to advantage human-readable names as the area accepted to abridge the onboarding action for new users,” said Brad Kam, co-founder of Unstoppable Domains.
For OKCoin, the affiliation of blockchain area names is yet addition advantageous affection on the exchange. Just recently, the belvedere additionally appear an affiliation with Lightning Network for bargain Bitcoin fees.
Disclosure: OKCoin is a sponsor of Crypto Briefing. This commodity was called by the beat aggregation absolute of that relationship.
