OKX to list spot trading of SAFE
Quick Take
- The crypto exchange OKX will list the spot trading of SAFE, a token from the multisig wallet developer Safe (previously Gnosis Safe).
- SAFE deposits will open at 11:00 a.m. ET on April 22, with withdrawals starting at 6:00 a.m. ET on April 24.
The crypto exchange OKX will list SAFE for spot trading, the company said on Monday.
According to an OKX release, SAFE deposits will open at 11:00 a.m. ET on April 22, with withdrawals starting at 6:00 a.m. ET on April 24. Following a company review, the firm will list the SAFE/USDT trading pair.
"Safe includes a full stack of account abstraction infrastructure and the industry-standard multi-sig wallet. The project is focused on making every Ethereum account, a smart account and enabling new use cases like AI, staking, gaming, SocialFi, DeFi and payments to flourish with gasless transactions, easy face-ID like logins, onramps, recovery and more," OKX wrote in a Monday post.
SAFE, which has a total supply of 1 billion, is the token from Safe, a firm developing multisig wallets and was previously called Gnosis Safe. Multisig wallets require two or more signatures to access their funds and are generally considered a more secure way to store digital assets.
Safe acquired the crypto treasury management firm Multis on April 18, The Block previously reported. Safe notes over $100 billion assets stored and 8.1 million accounts deployed, according to the firm's website.
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