OKX first listing exchange for SWEAT; provides support for Sweat Economy

OKX, the world’s second largest cryptocurrency exchange, has shown its support for Sweat Economy by being the first exchange to list SWEAT on its spot trading markets.
Sweatcoin is one of the most popular health and fitness apps in the world, with over 110 million users. Sweat Wallet, a Web3 app powered by the new cryptocurrency SWEAT, is users’ portal into the Sweat Economy.
Sweat Economy and the SWEAT token provide access to a range of assets, services and other use cases within the ecosystem. These include:

• NFTs - SWEAT will be the core transactional asset for Sweat Economy's NFT marketplace, where users will be able to buy and sell NFTs, upgrade NFTs, or stake SWEAT for upgrades
• Games - Users will be able to compete head-to-head to earn SWEAT
• Staking - Stakers will receive yields on their SWEAT and gain access to rewards that include lower transaction fees, premium services and increase daily SWEAT minting limits
• Advertising - The large scale of the Sweat Economy platform makes it possible for projects to market their tokens and NFTs within the Sweat Economy community. Advertising will be paid for in SWEAT
• Data Analytics - Giving ownership of data to individuals with Sweat DAO, provides the opportunity for data monetization
• Subscription Services - The platform will provide a premium service to existing Sweatcoin users through a SWEAT subscription payment
• DeFi - Sweat Wallet will generate fees through DeFi functions that include the buying and selling of crypto, exchange of SWEAT into other currencies, liquidity provision and staking, among others. These fees will feed back into the ecosystem’s self-sustaining mechanism to run the DeFi elements of the Sweat Economy

The Sweat Economy approach is a novel one in that taking move-to-earn platforms towards the DeFi space advances decentralization and provides users with more ownership over their assets within the ecosystem.
OKX is in full support of innovation in the space that empowers users with greater control and financial opportunities. This is demonstrated by OKX’s own Web3 Wallet, which provides access to NFTs across chains and marketplaces and offers built-in DApp discovery to facilitate access to thousands of DeFi and GameFi apps.
SWEAT/USDT Spot trading on OKX opened at 08:00am UTC on September 13, while SWEAT withdrawals will become available at 10:00am UTC on September 14.

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