• OKX and Benqi have joined forces to boost access to the Web3 ecosystem.
• The integration supports DeFi adoption and promotes self-sovereignty on the Avalanche network.
• Users can use the OKX Wallet to gain access to tokens, NFTs, and dApps in more than 40 chains and roll-ups.
OKX and Benqi Partnering to Increase Accessibility of Web3
OKX, a leading cryptocurrency exchange platform, has recently partnered with Avalanche liquid staking solution Benqi in order to increase access to the Web3 ecosystem. This integration will support DeFi adoption and promote self-sovereignty on the Avalanche network.
Features of OKX Wallet
The OKX Wallet is a leading self-custodial solution for digital assets, allowing users to control their own private keys and crypto assets without relying on any third party services. Through its web extension on Benqi’s website and product, users are enabled to easily enter into the Web3 world through this wallet. Furthermore, it provides free trading by connecting with all liquidity from more than 13 chains via OKX DEX swap aggregator. Additionally, it also allows token transfer across different chains for market demands.
Objectives of Both Companies
Both companies are aiming at promoting trustless nature of Avalanche and DeFi (decentralized finance). By integrating with each other’s products, they hope that users can experience a more convenient way when entering into the world of cryptocurrency without leaving the Benqi website or needing any third parties’ assistance at all times.
Benefits for Users
Users will benefit from this collaboration as they get easier access into various blockchain networks such as tokens, NFTs (non-fungible tokens) as well as dApps (decentralized applications) which exist in over 40 chains or rollups altogether! With these features combined together under one roof – OKX Wallet – it makes browsing through various financial services much faster while still maintaining complete user privacy & security at all times since it is a self-custodial wallet system.
Conclusion
This partnership between OKX & Benqi proves that both companies strive towards providing better accessibility & convenience when accessing cryptocurrencies or decentralized services out there! On top of that, users will also be able to enjoy extra security as everything is stored inside their own wallets without depending on any third party intermediaries at all!