[NEWS] OKJ to start handling DePIN stock "IOTX" - the first in Japan

2024/10/23 17:02 (Updated 2025/02/07 17:55)
Editors of Iolite
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
[NEWS] OKJ to start handling DePIN stock "IOTX" - the first in Japan

The number of brands available has increased to 43

On the 23rd, OKJ, a domestic cryptocurrency (virtual currency) exchange, announced that it will begin handling IOTX.

Deposits and withdrawals will be available from the 24th of this month, and handling will begin at the exchange and sales office from the 30th. The compatible network is IoTeX.

If all goes according to plan, this will be the first time that OKJ handles IOTX in Japan. This will also mean that OKJ will handle 43 types of crypto assets.

What is IOTX?

IOTX was issued as the native token of IoTeX, a blockchain platform specialized for IoT devices.

IoTeX is a DePIN (Decentralized Physical Infrastructure Network) platform that is gaining attention, and has strengths in scalability, privacy, and security.

It has launched the "MachineFi" concept as a new financial concept, aiming to create an economic sphere through IoT devices.

IOTX will be used for payment of transaction fees on the network, staking, governance voting, etc.

Reference: Announcement
Image: Quote from the announcement

Related articles

OKCoinJapan changes service name to OKJ

Cryptocurrency exchange OKJ celebrates 4th anniversary since launch! Service name changed to "OKJ"

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more