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Leading cryptocurrency exchange OKX has announced that it will list a new altcoin.

OKX announced on its official website on March 15 that it will list the Ethereum staking protocol Ether.fi (ETHFI).

OKX stated that deposits for ETHFI will begin on March 15 at 09:00, and it will start trading in ETHFI/USDT trading pair on the spot market at 15:10 on March 18th.

OKX also mentioned that ETHFI withdrawal will start at 13:00 on March 19th.

Meanwhile, Binance announced that the project was selected as the 49th Launchpool project and will be listed on 18th of March at 13:00. Binance will distribute 20 million ETHFI as a reward.

With a total supply of 1 billion, ETHFI is a new staking protocol for Ethereum. Deposits to Ether.fi undergo a re-staking process with the billion-dollar project Eigenlayer.

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