Flash News: OKX Wallet Partners with Gitcoin, Highlights its Recent Developments in OKX Web3 May Report
SAN FRANCISCO, June 19, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto platform by trading volume and a leading Web3 technology company, has issued updates for the day of June 19, 2023.
OKX Wallet Partners with Gitcoin
OKX Wallet is proud to announce that it has partnered with Gitcoin, a blockchain-based platform that enables projects, independent builders and funders to connect and collaborate on open-source software. The partnership aims to bring Gitcoin’s solutions to OKX Wallet users.
Gitcoin’s solutions include:
• Grants Stack: An end-to-end grants solution that enables any community to create, manage and grow a grants program.
• Allo Protocol: An open-source resource allocation protocol, ideal for communities looking for novel ways to distribute pooled funds.
• Gitcoin Passport: A Sybil defense and reputation management tool.
As part of the partnership, OKX Wallet will add Gitcoin to its Discover platform, which is a gateway that gathers many popular DeFi projects, blockchain games, DEXs, NFTs and supplementary tools. Gitcoin has also integrated OKX Wallet’s web extension on its website.
OKX Wallet Highlights its Recent Developments in OKX Web3 May Report
In its recently released OKX Web3 May 2023 Report, OKX Wallet highlighted a number of key developments that have further enhanced the platform’s user experience, versatility and security. This includes the addition of:
• Ordinals Market, a one-stop hub for trading and minting Ordinals, BRC-20 tokens and NFTs across 60+ blockchains.
• Support for over 60 public chains, including access to STX (Stacks).
• zkSync Era, a Layer-2 protocol that scales Ethereum with cutting-edge ZK technology – on its OKX Wallet – DEX. This integration allows users to easily swap cross-chain to and from the platform, with support for any token.
• Double verification for BRC-20 parsing and upgraded batch operations.
• Limited-edition digital collectibles (for example, OKX hosted Manchester City’s English Cup Winners 2022/23 and The Best Team in the Land & All of Europe 22/23).
• A limit-order feature that lets OKX Wallet users trade assets with a limit on the highest price they will pay or the lowest price they will accept (i.e. the limit price). If the order is executed, it will only be at the limit price or a better price.
• Support for Proof of Stake (PoS) staking with seven protocols and 700+ liquidity pools.
More features and capabilities, including the ability for OKX Wallet users to stake Bitcoin and BRC-20 tokens, are coming soon.
For more information, please visit the Support Center.
For further information, please contact:
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including the OKX Wallet, NFT Marketplace and DEX.
OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology to replace existing centralized systems.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. OKX IS NOT ASSOCIATED WITH ANY PARTICULAR DEFI PROTOCOL, MAKES NO WARRANTIES, REPRESENTATIONS OR UNDERTAKINGS RELATING TO ANY DEFI PROTOCOL’S OFFERINGS, AND IS NOT RESPONSIBLE OR LIABLE FOR ANY DIRECT OR INDIRECT LOSS OR OTHER DAMAGE ARISING FROM YOUR USE OF ANY DEFI PROTOCOL. OKX WALLET IS AN AGGREGATOR; ALL DISPLAYED ESTIMATED RETURN RATES ARE PROVIDED BY THE DEFI PROTOCOL, AND ARE NOT GUARANTEED NOR INDICATIVE OF FUTURE RETURNS. PLEASE CONDUCT YOUR OWN DUE DILIGENCE BEFORE INVESTING IN ANY DEFI PROTOCOL. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.
