1) I'm hoping that OKEx withdrawals open up soon!
It's a tough position for customers; it's also a tough position for the exchange, and I'm hoping they emerge from this soon, and stronger than before.
In the meantime, here's a way to trade OKEx BTC:
Conversation
2) has created an ERC20 token, NOBTC, which represents 1 BTC on OKEx. You can create/redeem for OKEx BTC it at their website: isaidno.ooo.
You can then trade NOBTC on two places: uniswap, and serum.
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3) To trade it on Uniswap, go to uniswap.exchange/swap?inputCurr
To trade it on Serum, go to a DEX (serum-academy.com/en/dex-list/), and add the market 6hLBo1gWtLQvA66PWZkKnSQanHyRDeThupcS1HnpE4Ac. You can then convert ERC20 <> SPL NOBTC using sollet.io
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4) Some notes:
a) Though I am advising, I'm am not running the process or custodying the OKEx BTC; use at your own risk.
b) I have no idea if/when OKEx withdrawals will open up.
c) NOBTC will only be redeemable for a BTC if OKEx opens up withdrawals
d) not investment advice
6) isaidno.ooo can only process KYC2 accounts on OKEx, and a min of 100 BTC
For now they might only be taking new users slowly, or institutions to start--I'm not 100% sure.
The team is in contact with OKEx to make sure that they are comfortable with the AML/KYC.
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7) I'm not an expert on the process -- is running the process and is the right place for questions.
And again -- giving best wishes to both the users of and the employees at OKEx, hoping that everything turns out well.
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8) NOT INVESTMENT ADVICE.
I'M NOT ISAIDNO.OOO OR ZULU REPUBLIC AND CAN'T 100% VOUCH FOR THEM; USE AT YOUR OWN RISK.
OKEX COULD SHUT DOWN FURTHER CREATIONS AT ANY TIME AS WELL.
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9) finally -- Alameda _is_ providing liquidity here, but not playing much else of a roll; if you want more liquidity than is displayed feel free to reach out to myself or with a friendly ping
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Sam, I understand that Okex is a CEX not a DEX. Previously, there have been problems with CEX, like the F Exchange in China which shut down causing hodlers to lose 120 million dollars.
Can something like this happen to a DEX like Project Serum? I think not.
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