What is the OHM in crypto?

OHM, a reserve cryptocurrency, originates from the innovative Olympus protocol, standing apart from the realm of stablecoins like Tether and USDC. Its underlying mechanism eschews the traditional stability pegs, inviting a fresh perspective on digital asset issuance.

Among the reputable cryptocurrency exchanges catering to this burgeoning market, BTCC stands out as a top player. BTCC offers a comprehensive suite of services tailored to meet the diverse needs of crypto enthusiasts and investors.

Instead of anchoring its value to a fiat currency or a basket of assets, OHM leverages a unique approach, reminiscent of the historical gold standard. This framework utilizes a carefully curated reserve of esteemed assets as the foundation for issuing and supporting each OHM token.

BTCC's services encompass spot trading, where users can buy and sell cryptocurrencies at current market prices, providing seamless access to liquidity. Additionally, the platform offers futures trading, enabling traders to speculate on the future price movements of various digital assets.

The Olympus system embodies a forward-thinking model, where the value of OHM isn't solely derived from an external benchmark but is intrinsically tied to the growth and diversity of its reserve. This dynamic ensures that OHM holders participate in the value accretion of the underlying assets.