Decred (DCR) has announced its listing on one of world’s leading fiat-to-crypto marketplaces, OK Coin. This is Decred’s first major fiat-pairing in the U.S. Decred is a community-directed digital currency of superior value which was launched in 2016 by BTC developers. Decred allows all stakeholders to vote on the rules of the budget. Authorized OKCoin customers can deposit and withdraw Decred (DCR), and starting tomorrow, they can trade against USD, BTC and ETH.
OKCoin was founded in 2013 and is one of the world’s largest regulated digital assets marketplaces which provides a fiat-to-token and crypto-to-crypto trading platform for digital assets. These include Ethereum, Ethereum Classic, Bitcoin, Bitcoin Cash, Cardano, Litecoin XRP, Zcash, Stellar, TRX, 0x, among others.
Jake Yocom-Piatt, Project Lead for Decred, said: “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. 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.”
Currently it is only possible to buy cryptocurrencies by first purchasing Bitcoin or Ether with fiat currency. You can then buy Altcoins by using that Bitcoin or Ether.
Tim Byun, CEO of OKCoin, said: “Our listing of Decred aligns with our mission of making more digital assets accessible to the world. “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.”
The demand for fiat-to-crypto listings is growing as more and more investors start to seriously look at digital currencies. Very few Altcoins have secured fiat on-ramps in the U.S. One of these is Decred. The Decred-OKCoin listing promises a new global financial system and is a milestone towards mainstream adoption of digital currency.