OKX announced the inclusion of the Zeus Network’s ZEUS token in its spot market starting on April 4, 2024.
This strategic inclusion broadened the trading horizon for OKX users and enabled traders to harness substantial gains from the token’s price movements.
Traders Profit as OKX Lists ZEUS
The listing allows for trading ZEUS against USDT on OKX, signaling a broader embrace of emerging digital assets in the exchange’s trading pairs. The platform enabled deposits for the ZEUS token ahead of the listing, facilitating immediate trading activities.
Zeus Network integrates Solana’s high transaction speeds and scalability with Bitcoin’s robust security and liquidity attributes. This fusion aims to enhance the capabilities of decentralized applications (DApps) and streamline financial services within the crypto ecosystem.
The listing of the ZEUS token on OKX has already witnessed significant trading activity. According to data from Lookonchain, two individuals capitalized on the new listing. Through adept trading maneuvers, they secured over $2 million in profits within an hour.
One trader converted 2.85 million USDC into 7.74 million ZEUS and subsequently sold 7.41 million ZEUS for 5.33 million USDC, yielding a 2.48 million USDC profit. Another trader made a similar move, turning a 3.48 million USDC purchase of 7.8 million ZEUS into a 5.58 million USDC sale, netting a 2.1 million USDC profit.
Read more: OKX Review 2024: A Guide to the Crypto Exchange
These transactions underline the volatility and potential for high returns in the crypto market, particularly with new token listings. While such trading outcomes highlight the opportunities, they also reflect the risks and the importance of market knowledge and timing.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Read the full article here
