OKX exchange to launch its own Crypto Wallet soon

Written By:
Manmit Kahlon

Reviewed By:
Vaibhav Jha

Okx Exchange To Launch Its Own Crypto Wallet Soon

OKX CEO Star said on X that the launch of OKX Pay Wallet next week will help popularize cryptocurrencies among one billion consumers.

Integrated into OKX’s Ethereum Layer 2 network, supporting USDC and USDT stablecoins, Pay Wallet is a new type of private keyless wallet that will launch a card and require KYC; paired with DeFi, it will generate returns.

The X post from Star said, “We will launch OKX Pay Wallet next week. It’s a road to billion-user crypto adoption! Looking forward to trying it! @okx @wallet.”

One month after OKX unveiled a stand-alone OKX Wallet app, the separate Pay Wallet launch follows. The last month’s launch disconnected the DeFi and self-custody capabilities of the main OKX CEX systems.

And now this additional separation of payments into a distinct Pay Wallet indicates the attempts of companies to scale and penetrate the crypto payments market segment.

Also Read: Malta Fines OKX €1.1M for Money Laundering Lapses



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Manmit is a budding writer with The Crypto Times, who has a penchant for research and storytelling. A graduate from the prestigious National Institute of Fashion Technology (NIFT), she is an avid reader with a yearning interest in Crypto, Blockchain technology and AI. When not working, Manmit likes to make a large splash in the pool and immerse herself in fiction novels.
Vaibhav Jha is an Editor and Content Head at The Crypto Times. He comes on board with a vast array of experience working as a journalist for leading national and international English newspapers. He has a penchant for research and storytelling is his forte. When not working, Vaibhav can be found watching Hindi classic movies or listening to 90's music.