Okx Wallet: Buy Bitcoin & Crypto - Official Website
The world has adapted the concept of cryptocurrencies and several market players have come up with exchange platforms to provide crypto access. In this blog, you get to know about the carefully designed OKX exchange and the OKX Wallet service.
In a very short explanation, OKX is a very well-renowned international cryptocurrency exchange that has received a lot of attention for charging low fees. It is, unfortunately, unavailable to the US-crypto fanatics, but has a huge user base in other locations. It allows several crypto-based activities and best of all, it is compatible with a large number of currencies.
Yes, OKX is known across the globe for being in the top 20 cryptocurrency exchanges worldwide. An account on the exchange platform can lead you to easy crypto-purchase transactions. Even though it is not the biggest crypto exchange on the Bitcoin blockchain, it is one of the most loved.
Here, in the read below, we will be taking you through key factors of the exchange. However, the major focus would be on the wallet service that has managed to earn all the attention. We have added several sections on the wallet traits, pros & cons, account registration, and its usage. We hope you enjoy it!
OKX Specifics You Should Know!
This part of the read offers details that we believe every crypto fanatic must know, before they decide on an exchange platform. And we are pretty sure, with the OKX exchange, you would also be intrigued by the OKX Wallet service. Following is the list of highlights that make the exchange worth a try:
18th largest crypto exchange based on Bitcoin with compatibility of over 3000 coins
Introduced the OKB token that acquires discounts on platform trades
Staking with decentralized finance services and usage of crypto as collateral on borrowings
Diverse staking opportunities with high-yielding abilities
Crypto-purchase feasibility with cards, bank accounts, or digital wallets (Apple Pay, Google Pay, etc.)
It is available to users across the world except for the United States for some regulatory reasons.
Cryptocurrency Safety with the Wallet Service
The wallet service launched by OKX is a renowned universal crypto wallet that operates on the web3 Bitcoin blockchain. It successfully safeguards your digital assets and has acquired quite the reputation as a multi-chain wallet that supports several crypto variants and networks. Enlisted are features of the wallet that we are sure, you’d love:
Availability and accessibility of over 3000 crypto varieties and 80+ networks
Easy doorway to over 1000 decentralized applications and the entire Web3 ecosystem
State-of-art safety protocols with NFT feasibility
Wallet availability as the OKX app, OKX website, and the OKX extension
User-friendly interface complements the integrated trading feature
Wallet Registration via Website Portal
The wallet characteristics mentioned above make it worth your trust to keep your digital asset safe along with additional perks. We thought it was time to help you with the easy registration steps to undergo on the service website:
Initiate the registration process by visiting the OKX website. "https://www.okx.com/"
“Sign Up” or “Register”, hit on the option you see.
Complete the on-screen prompts to verify your identity.
Review and agree to the preset terms and conditions of the service.
Type in your email and verify it for the next step.
Once that is verified, you’ll be able to log into the OKX wallet.
OKX Extension – Installation and Registration
In this particular section, you’ll get to learn the steps involved in downloading and installing the wallet extension. Not just that we have also curated and stated the steps of account registration for all the interested crypto fanatics out there so, let us dive into it:
Commence the process by heading to the official website of OKX. "https://www.okx.com/web3"
Next, move to the Wallet section on the portal.
When you locate the option for the browser extension, choose the preferred link to download it.
Once the download is complete, install the wallet extension with the on-screen instructions.
On installation, launch the new plug-in and hit the “Register” option link.
Proceed to type in and submit data for all the required fields (inclusive of a working email and a safe password).
Complete the email verification to confirm your identity to ensure wallet security.
You can also add 2FA at this point and you’re done – you’re now an OKX Wallet user.
Trading via Wallet Account on OKX
As you already know, trading is when crypto investors buy and sell digital currencies and tokens at ongoing market prices. Of course, the goal is always to buy at current prices and sell them later at higher prices to generate profits on trading. And, this part of the read will help you trade via your new wallet account on OKX:
From the OKX extension, visit the trading hub to explore compatible markets.
Choose any two crypto to trade in, determine the order type, and type in the desired quantity.
Review the input details and once you are sure, confirm the trade transaction.
From the portfolio section, be able to track the transaction and monitor desired progress.
Staking Through OKX Wallet Account
Staking is a well-known process in the crypto community, where users and investors lock in their digital assets (tokens and crypto) to a compatible blockchain network for earning rewards – which are usually determined based on a percentage of the staked tokens. And thus, enlisted are the steps for you to stake via your wallet account:
On the wallet extension, you’d have to visit the staking section.
Select the “to-be” staked crypto, and determine the quantity.
Confirm the terms of your choice, review the transaction, and go ahead.
Once it is done, earn staking rewards based on the agreed terms.
Conclusion
Now that we’ve reached the end, here’s the conclusive viewpoint for you to understand and finalize the OKX exchange platform and the OKX Wallet for your crypto endeavours. Sas you begin reading, we’ve told you that the exchange supports several crypto tokens, networks, DApps, and also the entire Web3 ecosystem.
As you continue, you learn about the exclusively crafted wallet service that comes in the form of a website, an app, and also browser extension. It is one of the most renowned wallet services in the Bitcoin community as it is birthed by OKX exchange (the 18th best crypto exchange in the world).
Not just that we walked you through the characteristics of the wallet to make you lean towards it a bit more. Followed by four very specific guides that would definitely come in handy when you start your journey with the wallet service – account registration on the exchange and wallet website; download, installation and sign up on the OKX extension; trading via the wallet; and staking through the wallet. Enhance your crypto adventures with OKX.