OKX has expanded its on-chain wallets and services to European users with the aim of simplifying distributed finance and access to applications.
The company said the launch will provide users with self-supporting, security verification, deep liquidity and seamless access to thousands of distributed apps (DAPPS). Deployment occurs as defi spreads across over 150 blockchains and transaction costs drop to just a small fraction of previous levels.
OKX is expanding market access
Independence is at the heart of new products. With OKX wallets, users can maintain their own private keys and assets without intermediaries.
The company highlights an independent security ranking from blockchain auditor Certik, making it “the most trusted crypto wallet.” The app integrates decentralized exchange (DEX) aggregator procurement routes from over 500 exchanges.
Most recently, I first received positive news in the US. Yesterday, the CFTC announced new guidelines for US citizens to trade on offshore exchanges like OKX.
According to OKX, this new infrastructure handles weekly trading volumes of between $2-3 billion. The Smart Account feature also allows advanced users to automate trading strategies.
Beyond trading, OKX Wallet offers reward opportunities through its boost platform.
Users can acquire pre-token power generation event (TGE) assets, participate in trading competitions, and participate in campaigns such as Cryptopedia where learning activities are incentivized.
Supporting over 140 blockchains means you will need multiple wallets when moving between ecosystems.
Additionally, the wallet includes a market intelligence tool to provide information to users. Signals and alpha radar track whale activity and behavior patterns between chains. Insights Hub Surfaces Token launch, liquidity movements and trending Dapps are designed to help traders find opportunities early.
OKX said the launch reflects a broader vision of ensuring that everyone has access to the “future of money.” The company first introduced wallets in 2021 and has since expanded its capabilities to meet the pace of Defi's growth.
The OKX Wallet post brought on-chain services to Europe.
