Withdrawals of digital assets from OKEx are still temporarily paused


UPDATE: Nov. 9 at 1:00 pm UTC

Withdrawals of digital assets from OKEx are still temporarily paused. All user funds remain safe and unaffected. We will continue to update users on the situation in a timely manner.

Product updates
Today, we published our monthly report for October on OKEx’s platform token, OKB. OKB’s average market capitalization in October was $1.47 billion, and the total trading volume for the month reached 2.48 billion USDT. Read the full report to learn more.


UPDATE: Nov. 6 at 2:00 pm UTC

We can confirm that a party related to OKEx is, as stipulated by law, actively cooperating with a public security bureau in an investigation. Claims that the concerned party is under criminal detention have been refuted.

We have sought legal support and guidance, and through this process, have made contact with the concerned party.

At this time, unfortunately, OKEx is unable to disclose further information, as the content of the investigation is confidential.

We apologize for the disruption in normal functionality that this has caused and will promptly update our users with new information regarding the status of withdrawals.

All user funds on the OKEx platform remain safe and unaffected. There has been no asset outflow of any form from OKEx since the suspension of withdrawals on Oct. 16. At the same time, we can assure our users that 100% of their funds can be withdrawn after withdrawals have been resumed on OKEx.

UPDATE: Nov. 4 at 2:00 pm UTC

Withdrawals on OKEx are still temporarily paused. The security of user funds is our top priority, and all user funds remain safe and unaffected. We are working hard to resume full platform functionality. Please check this article for further updates.

Product updates
OKEx-developed public blockchain infrastructure OKExChain has released its progress report for the month of October. The OKExChain testnet was upgraded to v0.12.3, which primarily optimized the automated market-maker Swap module, aimed at affecting liquidity on the chain. Read more about the developments here.

For NEO and Algorand (ALGO) holders on OKEx, we began our monthly bonus distribution today. You can find more details on how to redeem your bonuses here.

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