Centralized crypto exchange OKX has expanded its OKX Wallet to include Solana’s blockchain links, or Blinks, making it accessible across all Ethereum Virtual Machine (EVM)-compatible chains.
According to the exchange’s August 15 press release, OKX Wallet users can now effortlessly initiate fee-less blockchain transactions, such as staking and swapping tokens, directly from their social media feeds. By sharing unique OKX Wallet URLs (Blinks) on platforms like X and Discord, users can execute transactions with a simple click, eliminating the need to switch between apps.
This feature also allows for seamless non-fungible tokens (NFT) purchases, for example, directly from a social media post.
Blinks were initially created on @Solana, enabling users to tweet URLs of DEX token pairs, NFTs, DeFi products, and more for direct trading on X.
Now, you can do the same on Ethereum and its Layer 2s!
Note: Blinks are currently available only on desktop.
(2/7)
— OKX Wallet (@okxweb3) August 15, 2024
Making Blockchain Accessible to All With Blinks
Blinks, a collaborative effort between the Solana Foundation and Dialect, a protocol and developer stack, streamline user interactions with smart contracts. This tool allows users to seamlessly engage with decentralized applications (DApps) directly on platforms like X, bypassing the complexities of blockchain interfaces. By integrating Blinks and partnering with Dialect, OKX is also eliminating transaction fees, making blockchain technology and decentralized finance (DeFi) more accessible to the public.
“With the addition of multi-chain Blinks, users can now perform even more on-chain actions directly embedded in their usual sites and platforms,” said Jason Lau, OKX chief innovation officer. “We’re also working with partners across both the Solana and EVM ecosystems to ensure their applications are supported.”
Building upon the recent integration of 100 protocols, including recently added Toncoin (TON), OKX Wallet is set to expand further through upcoming partnerships focused on enhancing Blinks. However, no specific details about these collaborations were mentioned.
OKX Wallet (@okxweb3) now supports #TON, expanding its compatibility to 100 different blockchains!
This integration allows users to seamlessly discover, manage, swap, and transfer $TON and TON-based assets in the OKX Wallet, known for its robust self-custody security.
Learn… pic.twitter.com/oDvuDDevzk
— TON (@ton_blockchain) July 17, 2024
OKX’s initiative echoes a similar move by Farcaster, which launched “Frames” in January 2024. This feature enables embedding interactive elements like NFT minting, gaming, and checkout directly into social media posts, enhancing user experience.
OKX Expands Reach: EEA Subdomain and European Hub
This new OKX Wallet’s support of Blinks comes amidst a period of broader growth for OKX. In July, the company launched a dedicated subdomain, my.okx.com, specifically catering to users in the European Economic Area (EEA). The new subdomain will offer the same range of products and services previously available on the global platform while ensuring it adheres to all relevant EEA regulations.
Further expanding its European footprint, OKX selected Malta as its hub for compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This strategic decision positions OKX to offer its services to over 450 million potential customers within the EU. By establishing a presence in Malta, OKX aims to provide a regulated platform for crypto trading and investing while facilitating seamless euro and local currency transactions.
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