Decred (DCR) Now Listed On OKCoin

Cryptocurrency markets aren’t just about trading tokens — they’re also about watching developers take existing protocols and push them in bold new directions. Decred is a perfect example of this, which is why we’re thrilled to announce that DCR is now listed on OKCoin. Current users can now deposit or withdraw tokens. New users who wish to trade DCR against USD, BTC, and ETH should create accounts before trading opens this Thursday, March 14, at 7:00 pm PST. Create an OKCoin Account Today!

Decred launched in 2016 as common concerns about blockchain governance, PoW consensus, and development funding began brewing. Most notably, it supports a user-activated consensus voting model that allows stakeholders and community members to have a voice in project development. Decred has already supported the world’s first user-activated consensus vote, and its team has many additional features in the works.

Decred is an open source project with distinguishing features, such as:

  • A novel hybrid proof-of-work (PoW) - proof-of-stake (PoS) consensus, adding extra security on top of just PoW
  • Holders to have a say; skin in the game
  • Self-funding via emission-powered treasury
Left: Alex Feinberg (Director of Business Development at OKCoin), Chris Burniske (Partner at Placeholder), Jake Yocom-Piatt (Founder at Decred), Alex Evans (Crypto-Economics Analyst at Placeholder), and Tim Byun (CEO at OKCoin)

Last night we hosted an event at our headquarters in San Francisco with Decred and Placeholder to discuss Decred’s token and the future of cryptocurrency. Specific Decred topics included ease-of-use considerations and the investment worthiness of its token. This was OKCoin’s first chance to engage with the San Francisco community of Decred developers, investors, and evangelists, and we are excited to have more updates for you soon!

“Our listing of Decred aligns with our mission of making more digital assets accessible to the world,” said Tim Byun, CEO of OKCoin. “We are particularly impressed with Decred’s community-driven focus, as miners and non-miners alike are empowered to provide input, as well as vote on feature enhancements and recommendations for new tools. Decred’s approach fosters community growth, creating a project that is built to last.”

“Our listing with OKCoin provides us with a significant fiat on-ramp, which offers greater access and ease-of-use to those looking to join the Decred community,” said Jake Yocom-Piatt, Project Lead for Decred. “We’re building Decred to last for generations to come, which means giving coin holders a true stake in where the currency goes. The more participation in Decred, the closer we come to the ideal of a decentralized future ruled by the collective intelligence of a broad and robust community.”

To learn more about Decred, you can visit the project’s official website. For more information and help managing all things crypto, head over to OKCoin.com, where you’ll find a secure marketplace for customers around the globe.

Disclaimer: The material and information contained in this article is for general information purpose only, and no part of this article should be construed as professional financial or investment advice. Whilst we endeavor to keep the information up to date and correct, OKCoin makes no representations or warranties, express or implied, as to the completeness and accuracy of the information presented in this article. You should not rely upon the material or information in the article as a basis for making any business, legal or any other decisions.