VICTORIA, Seychelles, April 16, 2023 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued updates for the week of April 11, 2023.
OKX Offers Easy Access to SUI Token with SUI Jumpstart
OKX has today announced that SUI will be the next token offered through its Jumpstart program. Users will be able to buy SUI with OKB, with subscription commencing from April 23, 2023.
OKX Jumpstart offers OKX users easy access to new, high-quality crypto projects, allowing them to invest in new crypto with their OKB tokens. Previous projects listed on Jumpstart include TAKI, ELT and BRWL.
Sui is the first permissionless Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in web3. Sui has a native token called SUI, with a fixed supply. The SUI token is used to pay for gas, and users can stake their SUI tokens with validators in a Delegated Proof-of-Stake model within an epoch.
Learn more about OKX Jumpstart here.
OKX Wallet Integrates with Lido
As of April, 2023, the OKX Wallet will be integrated with leading DeFi protocol Lido. The OKX Wallet will be featured as one of the main wallets that can be used with Lido, allowing users to stake ETH and tokens on five other chains with OKX Wallet.
The integration of OKX Wallet with Lido also makes it easier for users to withdraw their staked ETH following the Shapella upgrade. This additionally facilitates users’ ability to participate in OKX’s ETH Shanghai upgrade campaign.
Lido is the largest decentralized-finance protocol with $52.2 billion in total value locked of which $31.2 billion is in ETH, according to data from DefiLlama.
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OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Film Festival as part of an initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit: okx.com
This communication 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. Estimated APY rates are paid by third party protocols and not by OKX. Estimated APY rates are not guaranteed and may change without notice. Your assets in Earn are not covered by insurance against potential losses, nor are they subject to FDIC or SIPC protections. Historical returns are not indicative of future returns. OKX does not guarantee the repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.