Quick Breakdown OKX launches Singapore’s first stablecoin-powered scan-to-pay service, enabling payments with USDT or USDC at GrabPay merchant-partners. Users can pay by scanning a GrabPay SGQR code within the OKX SG app, with merchants receiving SGD instantly while funds are deducted from stablecoin balances. The service expands stablecoin utility beyond ...
Quick Breakdown OKX developed a decentralized perpetuals exchange in 2023 but did not launch it due to regulatory risks. Hyperliquid and Aster have since risen as leaders in onchain perpetuals trading. U.S. enforcement actions against Deridex, Opyn, and ZeroEx in 2023 shaped OKX’s cautious stance. OKX explored onchain perpetuals in ...
Crypto exchange OKX has unveiled a new European campaign in partnership with the McLaren F1 Team, aiming to boost brand visibility and accelerate crypto adoption ahead of the 2025 Dutch Grand Prix in Zandvoort. Running through August 31, the campaign centers around high-impact fan engagement, including immersive VIP experiences and ...
Circle and OKX have joined forces to enhance global access to USDC, announcing a new partnership aimed at deepening liquidity and improving fiat on-and-off ramps for users worldwide. Under the agreement revealed on July 9, OKX’s 60 million+ customers will be able to convert USD to USDC and back at ...
This continued commitment to transparency underscores OKX's position as one of the most reliable centralized platforms in the industry. We're proud to release our 32nd consecutive #ProofOfReserves report! ???? ✅ Primary assets: $28.4 Billion ✅ 100% + reserves for 22 assets ✅ Independently audited by @hackenclub Don't trust, verify: https://t.co/dTwSpy5YN3 ...
OKX has officially launched its fully regulated centralized platform in Spain, marking a significant milestone in its broader European expansion. This move enables Spanish users to access spot trading, staking, automated trading bots, and crypto earn products, as well as trade over 270 cryptocurrencies and more than 60 crypto-Euro pairs—all ...
OKX has officially launched fully regulated platforms in Germany and Poland, strengthening its presence in Europe and marking a significant milestone in its regional expansion strategy. This move reflects the company’s broader ambition to solidify its role as a trusted, compliant crypto exchange across the European Union. Through these newly ...
Blockchain technology is set to disrupt multiple global industries over the next two decades, according to a new report released by crypto exchange OKX and research firm Blockworks. Titled “The Future of Blockchain Applications: Reshaping Global Industries,” the report outlines how sectors including finance, tech, consumer goods, and entertainment are ...
OKX has launched a new wrapped Bitcoin asset, dubbed xBTC, alongside yield-generating products tied to the token. The move comes as Bitcoin soars to a fresh all-time high, crossing the $111,000 mark. According to the announcement, xBTC maintains a 1:1 peg with Bitcoin and is designed to enhance cross-chain liquidity ...
OKX has relaunched its decentralized exchange (DEX) aggregator, OKX Web3, following a temporary shutdown in March that aimed to halt exploitation by the North Korean-linked hacking group Lazarus. OKX founder and CEO Star Xu announced the platform's return, emphasizing that the relaunch comes with significant security upgrades. Chief among them ...
