Crypto exchange, OKX, has reported it will list Starknet’s native token, STRK, on its spot market starting February 20. The listing is dependent on liquidity requirements being met. When listed, STRK will trade against USDT.
According to the report, OKX will enable STRK deposits starting February 19 at 6:00 AM UTC. Starknet is a layer-2 validity rollup network that scales Ethereum. It bundles transactions off-chain into STARK proofs submitted to Ethereum as single transactions. This achieves higher throughput and lower costs while maintaining Ethereum’s security.
The STRK token powers Starknet network operations and motivation participation. As a main component of this innovative layer-2 solution, the listing provides new trading and investment opportunities around Starknet and Ethereum scaling.
OKX continues expanding its token listings to support the growth of decentralized finance. This Starknet partnership furthers the development of layer-2 infrastructure necessary for wider blockchain adoption. With STRK access, OKX users can participate in Starknet’s vision for fast, secure, low-cost Ethereum transactions.