OKX Web3 Wallet is a comprehensive, secure, and user-friendly gateway to the world of decentralized finance and digital assets. It empowers users to store, manage, and grow their crypto holdings through direct access to a vast ecosystem of DeFi protocols, NFT marketplaces, and emerging token standards like inscriptions and Runes—all from a single, unified interface.
This guide will walk you through the wallet’s core features and provide step-by-step instructions on how to engage with various Web3 activities.
Exploring DeFi with OKX WebX Wallet
The DeFi section of the OKX Web3 Wallet acts as a powerful aggregator, connecting you to a multitude of decentralized finance opportunities across more than 30 blockchains, including Ethereum, Bitcoin, BNB Chain, Solana, and Arbitrum. It integrates with leading protocols like Compound, Aave, and Uniswap V3, bringing the vast majority of Web3 applications to your fingertips.
Key Features of the DeFi Ecosystem
- One-Click Token Swap: Simplify your investing process. You can instantly swap tokens within your wallet for the assets required by any investment opportunity, eliminating complex, multi-step procedures.
- Comprehensive On-Chain Earnings: Discover a full suite of earning options, including staking, liquidity pools, and yield farming. Each supported protocol displays detailed information such as Annual Percentage Yield (APY), Total Value Locked (TVL), and project basics, allowing for informed decision-making.
- Clear APY Rankings: The homepage features transparent rankings of investment products by their APY. This allows you to quickly compare returns and seamlessly click through to invest in your chosen project, streamlining your investment journey.
- Unified Asset Management: Manage all your decentralized investments from a single dashboard. This unified view across wallets, blockchains, and protocols reduces the hassle and cost of moving assets between different platforms.
- Real-Time Information: Receive immediate feedback and updates based on your transaction history. This data is crucial for enhancing your investment efficiency and overall asset management strategy.
For those ready to dive in, the process to start earning is straightforward. 👉 Explore DeFi investment opportunities
How to Participate in DeFi Products
- Open your OKX Web3 Wallet and navigate to the DeFi section from the bottom menu.
- The main page will showcase recommended hot projects and their key details, including APY.
- Browse the available categories, which are organized into modules like Stablecoins, Trending Tokems, Reward Pools, and V3 Liquidity Pools.
- Select an investment product to view its detailed information page, including historical performance data.
- If you don’t hold the required asset, use the one-click swap feature to convert your tokens and invest in a single action.
- After investing, you can track the performance of your holdings and manage your portfolio from the Positions section.
Discovering and Using Decentralized Applications (DApps)
The Discover section is your curated portal to the wider Web3 world. Here, you can:
- Search and browse a extensive directory of popular DApps by name or website.
- See recommendations for trending applications, including those related to current market热点 (hot topics) like inscriptions.
- Connect your wallet to any DApp with a single click for a seamless experience.
- Save your favorite DApps to a personal collection for quick and easy future access.
Trading NFTs, Inscription Tokens, and Runes Tokens
OKX Wallet’s dedicated Market section provides a unified platform for trading various digital assets, including NFTs, Bitcoin Ordinals (inscriptions), and Runes tokens.
Purchasing NFTs
The OKX NFT marketplace aggregates liquidity from major platforms like OpenSea, Blur, and LooksRare, enabling a seamless trading experience across over a dozen blockchains.
To purchase an NFT:
- Ensure you are in your OKX Web3 Wallet.
- Tap on Market and find the NFT section.
- Use search and filters to find your desired NFT. You can choose to buy it immediately or place a bid in an auction.
- For supported blockchains, you can add multiple NFTs to your cart and purchase them all at once to save on gas fees.
- Confirm the transaction details and complete your purchase.
Understanding and Buying Inscription Tokens (BRC-20)
Inscription tokens, commonly referred to as BRC-20 tokens, are an experimental fungible token standard on the Bitcoin network. They utilize the Ordinals protocol to inscribe data in a JSON format to deploy, mint, and transfer tokens.
To buy a BRC-20 token:
- Navigate to Market > Ordinals Market.
- Select a token (e.g., SATS) to view its details page.
- Browse the available listings, select a seller offering the right price and quantity, and click Buy.
- Review the total price and network fees, then confirm the order to execute the trade.
Understanding and Buying Runes Tokens
The Runes protocol is a new standard proposed for natively issuing fungible tokens on the Bitcoin blockchain. It is a UTXO-based system, meaning it operates using Bitcoin's core transaction model, making it a flexible and decentralized solution that doesn't require off-chain data or a native token.
To buy a Runes token:
- Go to Market > Runes Market.
- Choose the token you wish to purchase to open its details page.
- Click Buy, carefully review the price, total cost, payment wallet, and network fees.
- Click Confirm to finalize the transaction.
Frequently Asked Questions
What is the OKX Web3 Wallet?
The OKX Web3 Wallet is a self-custody wallet that gives you full control over your digital assets. It provides secure storage and direct access to a wide array of decentralized services, including DeFi protocols, NFT marketplaces, and DApps, without needing to leave the OKX ecosystem.
Is there a fee for selling my NFTs on the OKX marketplace?
A major advantage of the OKX NFT marketplace is that it charges zero fees for users listing and selling their NFTs, making it a cost-effective platform for creators and traders.
What is the difference between BRC-20 tokens and Runes?
Both are standards for creating fungible tokens on Bitcoin. BRC-20 is an earlier, experimental standard that uses the Ordinals protocol to inscribe JSON data. Runes is a newer, proposed protocol designed to be more efficient and native to Bitcoin's UTXO model, aiming to reduce blockchain clutter and offer a better user experience.
Do I need separate wallets for different blockchains in OKX Web3 Wallet?
No. The OKX Web3 Wallet is multi-chain by design. A single wallet setup gives you access to and allows you to manage assets across all supported blockchains, simplifying the user experience significantly.
How secure is participating in DeFi through the wallet?
While the OKX Web3 Wallet itself provides a secure interface, DeFi risks are inherent to the protocols themselves. It is crucial to conduct your own research (DYOR) on any protocol you use, reviewing its APY, TVL, audit reports, and community trust before investing. 👉 Learn more about secure DeFi practices
Can I create my own NFT in the OKX wallet?
Yes, the platform offers an AI-powered creation tool. You can generate unique artwork and mint it directly into an NFT on a supported blockchain, all within the OKX ecosystem.