Because of the 1 Year anniversary of VeChainThor mainnet launch, Sunny Lu ,CEO of VeChain, conducted an 8 hour long AMA marathon. OceanEx CEO Xiaoning Nan joined the AMA to answer some questions related to OceanEx. Here is a short summary of the most frequently asked questions and answers.

Q: Are there any plans for FIAT support ? When can we expect them?

A: "We are talking to governments for a while already. Everything is going well. We are planning to release FIAT gateways in Q4"

Q: Will OceanEx create and support a possibility to swap VTHO into VET within the VeThor mobile wallet?

A: "We are working on a solution. It needs technical solutions to connect for example a centralized exchange to a decentralized exchange and wallet. But we are working on it and are aware of this community request."

Q: how you think you could compete with For example binance and coinbase?

A: "We keep working on making OceanEx bigger in a professional way. Supporting other projects and aim on users from outside the ecosystem to increase the volume. We are working hard to continuously improve."

Q: Community has witnessed a lot of trouble with Tic Talk. Are you both aware of these concerns?

A: "We know Tic created a mess for community. Tic has been with us from 2017 already and the team grew quickly. We did a lot of collaborations with them and recommended the listing . Tic changed the direction a couple of times. Sunny as an advisor gave his advices as well but we can not control Their decisions. We really feel bad about the current situation but Tic makes their own decisions. OceanEx has a policy and its still within the listing agreement. If action needs to be done it needs to be done. We fully support VeFam!"

Q: How Will OCE token increase value? Any plan?

A: "We recently had cryptofarm added and holders benefits integrated with the system. We expect more benefits to be added soon. We will make announcements so stay tuned"

Q: Will we have a stop loss function?

A: "It is in our plan and we are aware of the community demand. It will come so stay tuned for the official release"

Q: When will Android App be released?

A: "We expect it to be released next week"

Q: What about Cryptofarm? It sold out so fast and its not really a common thing for an exchange to offer such features?

A: "OceanEx is an Asset Management Platform as well so we are not limited to the exchange only. As for the amount and lock up we will consider to try make it bigger and more reasonable for all in the future."

Hopefully this short summary will shed some light over a couple of frequently asked questions. Lets keep it going all together! VeFam!

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