Thursday, December 26, 2024
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Namaste tribe! 🙏

Open Custody Protocol listed on WazirX and you can buy, sell and trade $OPEN in INR: market.

OPEN/INR trading is live on WazirX. Share

What does that mean to you?

  • Deposits — You can deposit an open escrow protocol on WazirX.
  • Trade — You can buy, sell and trade $OPEN on our INR market. When you buy $OPEN it will appear in your Funds.
  • Withdrawals — You will be able to withdraw $OPEN within hours of listing.

About Open Custody Protocol

OCP provides a loopback mechanism that connects applications to a modular, permissionless custodial protocol that acts as a mesh network for different key management protocols, a concept we call Keychain Aggregation. This approach facilitates development by reducing risk and complexity and simplifies the economic aspects of many business relationships.

OCP creates a new custodial simplicity that integrates modularity in core management solutions and decentralization to access core generation and transaction services. This innovation is timely as existing security and custodial frameworks struggle to scale blockchain networks. In addition, the anticipated tokenization of real-world assets, potentially driving trillions to the blockchain, underscores the need for adaptive and modular custody solutions.

  • Commercial price (at time of writing): $0.0122
  • Global market cap (at time of writing): $9,410,209
  • Global trade volume (at time of writing): $2,593,721
  • Circulating Supply: 790,308,098 OPEN
  • Total Supply: 1,282,909,154 OPEN

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Happy trading! 🚀

Risk warning. Crypto trading is subject to high market risk. Please ensure that you carry out an adequate risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will use its best efforts to select high quality coins, but will not be responsible for your trading losses.

Disclaimer: Cryptocurrency is not legal tender and is currently unregulated. Please ensure that you carry out a sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information presented in this section does not represent any investment advice or the official position of WazirX. WazirX reserves the right, at its sole discretion, to modify or amend this blog post at any time and for any reason without prior notice.

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