Cryptocurrency exchange OKEx just launched their Defi hub alongside her NFT marketplace, according to reports the exchange announces the introduction of her Defi Hub, two initial tools, a decentralized digital asset ecosystem that incorporates a marketplace for nonfungible tokens (NFTs).
The NFTs marketplace enables users to mint their NFTs and sell by price set by the NFT creator.
OKEx users will be allowed to import their NFTs from various platforms to the newly launched OKEx NFTs marketplace, where they can buy, sell and also trade their NFTs with zero gas fee.
The Defi hub will require users to connect their OKEx wallet through a browser extension as provided by the exchange.
Evaluating the necessary and comprehensive system for the ever growing NFT market, OKEx director Lennix Lai said that the DeFi Hub aims to help accelerate the adoption of nonfungible tokens, with the NFT Marketplace as part of the adoption plans in motion.
With the increasing demand for these new patterns of digital possession, NFT marketplaces are becoming the new frontrunner not only within the crypto space but also in the technological world as well.
Last month, Chinese e-commerce giant Alibaba launched an NFT marketplace to allow trademark holders to sell tokenized licenses to their intellectual property