More exciting news for blockchain users! OKX Wallet has released several new features this week to enhance their users’ decentralized finance (DeFi) experience. From adding to the memecoin craze to integrating with new projects, OKX Wallet is keeping the crypto space busy!

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What is OKX Wallet?

OKX Wallet is a user-friendly and secure digital wallet that allows users to access and manage their crypto assets across multiple blockchains. With its emphasis on self-custody, users maintain complete control over their funds by holding private keys and seed phrases. This means that only the wallet owner has access to their crypto, not OKX or any third-party service. Supporting over 100 blockchains and tens of thousands of decentralized apps (dApps), OKX Wallet serves as a powerful gateway to DeFi, non-fungible tokens (NFTs), and many other digital assets. Its recent updates make it even easier for users to explore and participate in the broader Web3 ecosystem.

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Trade Apechain NFTs with ApeCoin

One of the latest highlights is the ability to trade Apechain NFTs directly on OKX Wallet’s NFT Marketplace, now accessible with ApeCoin. ApeChain is a dedicated infrastructure layer to power the ApeCoin ecosystem. It was created by Yuga Labs, the team behind the highly successful Bored Ape Yacht Club (BAYC) NFT collection. With this update, users can enjoy a more cost-effective trading experience with 0% trading fees. This is especially beneficial for NFT enthusiasts looking to avoid added costs when browsing for collectibles. In addition to fee-free trading, the marketplace integrates price comparisons across top NFT platforms, ensuring users get the best deals available. This new feature further expands on OKX’s NFT support, encouraging users to explore the Apechain ecosystem and other dApps on the platform. 

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Revamped Meme Mode on OKX DEX

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OKX Wallet has reintroduced its “Meme Mode” which is designed to cater to the growing community of memecoin traders. Memecoins, such as Dogecoin and Shiba Inu, are cryptocurrencies inspired by popular internet memes, often with lighthearted or humorous branding. With Meme Mode, users can buy and sell Solana-based memecoins quickly and securely, avoiding common fees associated with centralized meme trading bots.

The three key aspects of Meme Mode are:

1. Instant Buys and Sells: Users can buy and sell memecoins instantly by selecting pre-set amounts in Solana (SOL), allowing for a faster trading process. This is especially appealing in the volatile memecoin market where prices change rapidly.
2. Self-Custody: Unlike centralized bots, which require users to relinquish control of their assets, Meme Mode ensures that traders retain full control over their funds. Users can feel safer knowing that no third party is taking control of their coins. 
3. Zero Fees: Trading fees can add up, particularly in high-frequency trading. With OKX Wallet’s zero-fee policy, users can trade memecoins without incurring extra costs, making it more accessible for both new and seasoned traders. 

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"What's The Ticker?" Campaign

To engage its community and bring more rewards to memecoin enthusiasts, OKX has also launched the “What’s The Ticker?” campaign. This series offers participants rewards for trading certain memecoins on specific networks. For its first campaign, OKX is offering rewards in $HIPPO tokens (a popular memecoin on the Sui blockchain), with a total prize pool valued at 100,000 USDT. Users can participate by trading a minimum of 10 USDT worth of tokens on the Sui network via the OKX Web3 Wallet. They will also have to complete tasks such as following official social media accounts and joining Telegram groups. The campaign duration lasts from November 7, 2024, 6 PM — November 21, 2024, 5:59 PM (HKT). This campaign is part of OKX’s larger “Cryptopedia” series, a learn-to-earn initiative providing valuable resources and reward opportunities within the Web3 space​

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Integration of 7 New Projects in the OKX Ecosystem

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As part of its mission to expand on-chain inclusion, OKX has recently integrated seven new projects into its ecosystem. These additions include Coub, DePIN Alliance, Gameness, Buzz, Bitball, Smash Quest, and Torch Finance. All these projects bring additional features and tools to OKX Web3 Wallet users, allowing them to explore new DeFi options, join community-driven games, and take advantage of on-chain financial services. 

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With these latest updates, OKX Wallet shows that crypto wallets aren’t just tools to hold your assets. They’re the keys to financial freedom and exploring the expansive world of Web3. For more news on their latest features, check out the OKX Wallet! 

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