OKEx Crypto Exchanges Decides To Use BSV Despite Controversy

Despite the controversy of the Bitcoin Satoshi Vision (BSV) cryptocurrency, OKEx crypto exchange decided to use it. In the coming altcoin news, we see how and why.

Craig Wright began legally targeting those who attack his identity as the real Satoshi Nakamoto. Because of this, the crypto community now aims to delist BSV from all exchanges. However, OKEx partnered with the founder of RelayX Jack Liu in order to create the trading platform Float SV based on the BSV cryptocurrency.

The entire delisting campaign shows how the crypto industry is somewhat fragmented which leads to some companies to embrace any kinds of projects no matter the story behind them.  Jack Liu rejoined OKEx in order to help boost the newest Float SV venture which is basically a BSV-based exchange.

The new platform will leverage OKEx’s nodes program which is a build-your-own exchange service. The participants will be able to help build the infrastructure and to share liquidity with the entire ecosystem. OKEx is among the biggest conductors of trading volume in the entire crypto space.

According to both of the partners, the new platform will be exclusive by listing only ‘’real assets’’:

 “Float SV will deliver a real asset exchange experience by committing to only list blockchains running Proof of Work SHA256 and real assets such as commodities and currencies. Float SV will not list native tokens of other blockchains nor securities or STOs. A portion of Float exchange revenues will be reinvested into Proof of Work.”

Liu stated on the collaboration with OKEx:

 “It is great to be back leveraging OK’s trusted and scalable exchange infrastructure with which I am very familiar with. Float SV can count on OK’s track record of being a neutral technology platform.”

Craig Wright, on the other hand, caused massive chaos in the crypto space by launching lawsuits against twitter user Hodlonaut and Peter McCormack. Both of the lawsuits are based on attacking the identity of Wright as the real Satoshi. Wright demanded of Hodlonaut to apologize publicly for ‘’ defamation.’’