Blog (336)

What’s changing? Due to recent regulations introduced by the UK Financial Conduct Authority ("FCA"), starting 8 January 2024, there will be some important changes to the OKX experience for new and existing retail users in the UK.

We today launched the ' Solana Learn and Earn ' campaign, offering users the opportunity to claim a share in a 527 SOL prize pool. This represents the first "learn and earn" experience within our OKX app.

Today, we're excited to announce that we are the first exchange to list the ICE token on our spot market. ICE is the token that fuels Ice Open Network (ION), a high-performance, multi-threaded and multi-shard blockchain that is capable of processing millions of transactions per second.

The approval of a Bitcoin ETF marks a significant milestone towards the mainstream adoption of Bitcoin. The ETF is an easy-to-access financial instrument that helps establish the legitimacy of bitcoin and has the marketing power to bring it to a wider population, potentially in the billions - we've already seen a few bitcoin ETF marketing campaigns. Through its reach, the bitcoin ETF will also make it easier for more institutions (and less crypto-native retail customers) to access bitcoin indirectly, and attract more talent to our industry.

Dubai, the UAE, January 31, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the publication of its 15th monthly Proof of Reserves (PoR) report, showcasing primary assets amounting to USD14.9 billion, a 104% average reserve ratio of primary assets and the inclusion of Bitcoin Cash (BCH) for the first time.

Hong Kong, December 29, 2023 -- OKX , a leading global Web3 technology company, has been awarded the 'Best Technical Innovation Award' at the Hong Kong Web 3.0 Annual Ceremony. The event, organized by Web3 media company , took place on December 21 at Cyberport, Hong Kong.

Stablecoins poised to revolutionize global payments, emphasizing the need for enhanced integration SINGAPORE, January 3, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company , today released a detailed on the current state and future prospects of the stablecoin market. The report provides an in-depth analysis of the stablecoin sector's growth patterns, innovations, and future directions.Key highlights from the report include:

São Paulo, January 8, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the launch of its "Trade Like a Pro" campaign in Brazil. The series highlights the stories of three prominent Brazilian crypto traders - Rodrigo, Alexandre, and Luiz - who leverage the OKX platform for their trading activities.

Dubai, United Arab Emirates, January 11, 2024 -- OKX , a leading Web3 technology company, today announced the launch of its Arabic-language website and app for both crypto trading and Web3 services. This initiative marks a significant step in making digital assets and web3 technologies more accessible to Arabic-speaking audiences.

Ahlan Dubai! As General Manager of OKX in the MENA Region, I am thrilled to share that we've received our Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for VA Exchange Services. While the licence is not yet operational, this achievement is a significant milestone and testament to our team's hard work and dedication, and a reflection of Dubai's forward-thinking approach to virtual assets and Web3 technology.

Launching today and continuing until February 4, the 'CCTP Cryptopedia Campaign' allows OKX DEX users who swap USDC across different blockchains on the OKX DEX aggregator the opportunity to claim a share of a 50,000 USDC reward pool

License is non-operational and remains subject to fulfilment of specific conditions and qualifying for operational approval. Dubai, United Arab Emirates, January 16, 2024 -- OKX Middle East Fintech FZE, the Dubai subsidiary of OKX, a leading cryptocurrency exchange and Web3 technology company, today announced that it has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for VA Exchange Services. The license remains non-operational until the company fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval.

Hong Kong, January 17, 2024 OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today announced that as part of an expansion of its partnership with the team, the OKX logo will be featured on the side pods of the McLaren F1 car livery for 20 races in the 2024 F1 season, in addition to other OKX branding placements on the car.

Singapore, January 23, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today published its ' 2024 Bitcoin Outlook ' report. The report forecasts a pivotal role for Bitcoin's Ordinals in 2024, based on the remarkable growth of OKX Wallet's total Ordinals trading volume in 2023, which exceeded USD1 billion across over 120,322 unique addresses for the year. 

Inscriptions were born in early 2023 when users began to inscribe text, images, and multimedia on the Bitcoin blockchain. This quickly became a phenomenon as the crypto community discovered new ways to use inscriptions to build and trade new assets, such as NFTs and tokens. Since then, many new and have been created - on Bitcoin and other blockchains - driving massive community interest and activity.

Nassau, the Bahamas, January 30, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the launch of its ' USDC Simple Earn ' campaign. The campaign offers users of OKX’s product the opportunity to earn an additional annual percentage rate (APR) of 5% on their USDC, a digital dollar backed 100% by highly liquid cash and cash-equivalent assets, on top of any base APR.

Singapore, January 24, 2024 – OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led a strategic investment in Orbiter Finance , a decentralized cross-Layer 2 (L2) protocol. Currently, Orbiter Finance is undergoing transformative product enhancements and is developing a zero knowledge (ZK) technology-based, omni-chain rollup on Ethereum.

Buenos Aires , February 7, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced its latest global expansion with the official launch of its exchange and Web3 Wallet in Argentina.

Singapore, February 7, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today published its latest ' 2024 Forecast ' report. The report predicts a significant user growth driven by blockchain games in 2024, especially with the integration of high-profile ("triple-a") blockchain games easing traditional gamers into the Web3 space.In addition to GameFi, the '2024 Forecast' emphasizes the transformative influence of the AI sector in the Web3 landscape.

Dubai, the UAE, Feb 7, 2024 -- OKX , a leading global Web3 technology company and virtual asset exchange, and SignalPlus , an industry-leading virtual asset trading infrastructure provider, today announced the expansion of their strategic partnership to integrate SignalPlus' full suite of trading tools into OKX's trading platform, aiming to provide OKX users with an unmatched trading experience.

Hong Kong, January 23, 2024 - HashKey Group ("HashKey" or "the Group"), a leading end-to-end digital asset financial services group in Asia, and OKX, a global leading Web3 technology company and crypto exchange, today announced plans to create a partnership to promote compliant virtual asset innovation and industry development in Hong Kong.

VICTORIA, Seychelles, January 31, 2024 - OKX , a leading crypto exchange and Web3 technology company, today announced that it received the " Most Reliable Tech " award at the 2023 TradingView Broker Awards, highlighting the dependability of its brokerage offering on TradingView. OKX has been seamlessly integrated with TradingView since 2022, providing real-time data, customizable charts and efficient order execution to users.

We today announced that QuickSwap , a DEX and automated market maker built on Polygon, Polygon zkEVM and Dogechain, now supports the testnet version of X Layer. X Layer is our new zkEVM Layer 2 network, developed using the (CDK).

A message from OKX Chief Marketing Officer Haider Rafique As I reflect on 2023 and look ahead to an exciting 2024, I am struck by the recent positive advancements and milestones that have shaped the world of Web3 and crypto. This transformative year has witnessed the advancement of Zero Knowledge (ZK) and account abstraction (AA) technologies, more regulatory clarity in key global asset hubs, and the continued emergence of DEX and NFT projects. I'd also take a moment to celebrate the achievements of OKX and the wider industry in 2023, and look ahead to the year 2024.