SINGAPORE, July 12, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for July 12, 2024.

OKX Wallet Now Supported by the Arbitrum Bridge

OKX Wallet is now supported by the Arbitrum Bridge. This enables the OKX Web3 community to connect to the Arbitrum Bridge, providing a secure channel for connecting Ethereum’s Layer 1 mainnet with the Layer 2 Arbitrum Rollup.

To connect to the Arbitrum Bridge, users can simply select ‘Connect Wallet’ and ‘OKX Wallet,’ then log into the OKX Wallet via web extension on Chrome or Firefox.

The Arbitrum Bridge is a solution that allows users to bridge from Ethereum to Arbitrum and other networks using the Arbitrum stack, also known as orbit chains. The Arbitrum Bridge promotes interoperability among blockchains and enhances the ease of transferring digital assets.

Arbitrum is a popular Ethereum Layer 2 scaling solution that uses a method called “optimistic rollup.” In this method, smart contracts are executed off-chain, and only the final output is posted to the Ethereum blockchain. This approach significantly increases transaction throughput, making it faster and cheaper compared to Ethereum. Arbitrum is also an Ethereum-equivalent blockchain, making it easy for developers to migrate their applications from the Ethereum chain.

For more information, please visit the OKX Support Center.

For further information, please contact:
Media@okx.com

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 85 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival and Olympian Scotty James.

OKX also regularly publishes articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.

To learn more about OKX, download our app or visit: okx.com

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