$AR Listed on OKEx and Uphold; What Will 2022 Bring?
The last days of 2021 brought more gateways between fiat and $AR.
First, OKEx – the 2nd biggest exchange by 24hr volume and with over 10 million users, announced the listing of Arweave’s token on Christmas eve.
🆕 $AR – the native token of Arweave gets listed on #OKEx!
▶ Deposit is NOW open
📈 AR/USDT Spot trading goes LIVE 🟢 at 12:00 pm Dec 24 (UTC)@ArweaveTeam #NewListing details 🔽— OKX (@okx) December 24, 2021
Although it was a tough year for them (until recently they were a Chinese based company, with a clear focus on their local market, so they felt the Chinese ban on crypto quite heavily), it seems that this didn’t stop them from developing – only a few days have passed since the listing and the traded volumes of $AR is already sizeable at roughly 20,000 tokens daily.
Second, in almost the same time frame, Uphold opened the trading of $AR.
In case you missed it, we recently added $MINA and $AR to Uphold! Get yours here 👇#Mina ➡️ https://t.co/2IGWXT19bc#Arweave ➡️ https://t.co/zHTJG24wFY$MINA and $AR aren't available in all regions. Check out our website for more information. pic.twitter.com/IkyTNBSDjp
— Uphold (@UpholdInc) December 27, 2021
In contrast with OKEx, which is a typical crypto exchange, Uphold is a hybrid, a multi-asset exchange – more friendly for users that are not well-versed in crypto trading. Uphold has operating since 2015 and brings together fiat, cryptocurrencies, stocks and metals, with a solid 1.5 million user base. Even more, Uphold operates as a regulated financial services provider in US and EU. Still, given their disclaimer inside their tweet, we don’t know, at the moment of writing this article, in which jurisdictions $AR is available on Uphold.
Earlier this month Arweave-native exchange Verto also introduced $AR purchase with fiat.
$AR 2022
Where does this news fit? If we zoom out a little and look at the broader image of the current Arweave ecosystem, the year 2022 has the promises to be quite interesting:
- further integration with fiat gateways — check
- integration with mobile wallets — check (BitKeep already did it and TrustWallet will probably be next)
- SmartWeave scaling solutions for real-world use — check (RedStone and other members of the community are doing a terrific job in achieving this goal)
- lower than ever permanent storage fees — check (you can store your files permanently on ArDrive for approximately $10/GB)
The Arweave Dev Talk Discord channel will probably become pretty cramped next year!
