Chinese Exchange Okcoin Adds Ethereum Trading, Calls For Bitcoin Consensus

Chinese exchange Okcoin has announced it will launch Ethereum (ETH) trading from Wednesday.

In a post on its website this morning, the exchange said the decision was the result of “two years [...] constantly reviewing the viability of listing ETH and ETC based on factors including technical maturity, innovation, market liquidity and compliance.”

Trading will go live at 10:00 p.m. local time on May 31.

We will begin offering Ethereum trading on https://t.co/1RcNoD3vzA and OKCoin.cn Full details: https://t.co/BOAuH6s09f #eth #etc — OKCoin (@OKCoin) May 30, 2017

“Hundreds of applications are now built on Ethereum and a growing number of applications are using smart contracts run on the Ethereum Blockchain,” it continued in support of the decision, also highlighting the major business power behind the recently-formed Enterprise Ethereum Alliance.

At the same time, Okcoin took the opportunity to call on the wider Bitcoin community to reach a consensus and implement a corresponding solution to the scaling debate.

“...We implore BTC Core developers and relevant Miners to work together and resolve any outstanding technical issues, activate SegWit and solve BTC’s scaling issues,” the exchange continued.

“No matter how dominant, how much market share you have, if you do not adopt the latest technology and fail to constantly improve on the core user value proposition, time will pass you by.”

Fellow Chinese operator BTCChina’s CEO Bobby Lee announced May 27 that users had voted to add Ethereum Classic (ETC) to the exchange as its next currency.