OKX Wallet Now Supports AUSD Single Chain and Cross-Chain Trading
August 16 2024 - 3:46AM
OKX, a leading Web3 technology company, has issued updates for
August 16, 2024.
OKX Wallet Now Supports AUSD Single Chain
and Cross-Chain Trading OKX Wallet has recently added
support for AUSD, Agora’s native stablecoin, enhancing the trading
experience for users engaged in both single chain and cross-chain
transactions. This addition provides greater flexibility and
convenience, enabling seamless interactions within the
decentralized finance (DeFi) ecosystem.
Agora manages AUSD, a digital dollar minted 1:1
with USD fiat. AUSD is designed to be a secure digital currency,
utilizing one of the world’s largest custodian banks to safeguard
assets. AUSD enables users to participate in trading, lending and
payments. It is the most cost-efficient stablecoin to transact with
due to its gas-optimized smart contract, making it ideal for
traders and payments. Additionally, Agora offers a forward-thinking
payment and operations platform.
With OKX Wallet’s new support, users can now trade
AUSD seamlessly across different blockchain networks. This
integration ensures that users can leverage AUSD’s stability and
liquidity, whether conducting single chain transactions or engaging
in cross-chain activities.
To facilitate these transactions, OKX Wallet
provides a user-friendly interface accessible via its multi-chain
DEX aggregator. Users can easily connect their wallets and perform
cross-chain swaps, ensuring their assets are efficiently bridged
across multiple blockchain networks.
This integration highlights OKX Wallet’s commitment
to enhancing the DeFi ecosystem by providing users with advanced
tools and seamless trading experiences. The inclusion of AUSD
trading capabilities further solidifies OKX Wallet’s position as a
leading provider of decentralized financial services.
For more information on AUSD and Agora, visit the
Agora Developer Documentation. For detailed guidance on using OKX
Wallet for AUSD trading, visit OKX’s Support Center.
To learn more, visit OKX's Support Center.
For further information, please
contact: Media@okx.com
About OKX OKX is a leading
global crypto exchange and innovative Web3 company. Trusted by more
than 50 million global users, OKX offers a secure and trustworthy
platform that provides responsible crypto traders with innovative
tools to access the world of crypto.
As a global brand and top partner of Manchester
City FC and McLaren Racing, OKX uses Web3 technology to redefine
how fans connect with their favorite teams. Recent examples include
its Unseen City Shirts and Race Rewind digital collectible
campaigns, which offer fans real-world benefits like exclusive
match-day and trackside experiences. As the Presenting Partner of
Tribeca Festival, OKX also empowers artists and creators through
Web3.
In line with its "on-chain, any chain" philosophy,
OKX contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet is a
user-friendly gateway to the on-chain world, connecting to over 100
blockchains, 10,000 dApps, 170+ DeFi protocols, 300,000 tokens and
nearly 500 decentralized exchanges (DEXs).
OKX is committed to transparency and security, and
publishes its Proof of Reserves monthly to build trust. It is also
dedicated to expanding its educational resources through OKX Learn,
making digital assets accessible and understandable for a broader
audience.
To learn more about OKX, download our app or
visit: okx.com
Disclaimer This announcement
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, hold or offer any services
relating to digital assets. Digital assets, including stablecoins,
involve a high degree of risk, can fluctuate greatly, and can even
become worthless.