A Fresh Start in the US: New CEO and Headquarters

According to the official announcement, Roshan Robert has been appointed to lead OKX’s US operations. Previously a director at Barclays, Robert stated that the company has established a new regional headquarters in San Jose, California.

Robert said:

“I’m thrilled to launch OKX’s centralized crypto exchange and OKX Wallet in the US. This will elevate user experience with stronger liquidity, lower fees, and advanced trading tools.”

Gradual Transition: Solid Steps Over Speed

OKX will onboard its US users to the new platform gradually, not all at once. This approach is aimed at ensuring a secure and seamless transition. Existing OKCoin users will be automatically migrated to the new platform.

A full nationwide launch is scheduled for the end of 2025.

Additionally, the company will offer local bank integrations and support major digital assets like Bitcoin, Ethereum, USDt, and USDC.

OKX Wallet Launches for US Users

Not just an exchange, OKX also aims to offer a powerful multi-chain wallet solution to its US customers. The OKX Wallet is now available for use in the country.

The wallet is compatible with over 130 blockchains and includes a decentralized exchange (DEX) aggregator, providing access to over 10 million tokens across networks such as Ethereum, Solana, and Base.

Lessons from the Past: Focus on Compliance and Transparency

This new chapter follows a period of serious regulatory challenges for OKX. The company had previously admitted to operating an unlicensed money transmission business and agreed to pay a total of $505 million in penalties.

Under the settlement, OKX committed to:

• $84 million in fines

• $421 million in forfeited revenue

Following this, the company stated that it would collaborate with an independent compliance consultant and aims to meet the highest regulatory standards globally.

OKX CEO Star Xu shared the following:

“Our goal is to make OKX the gold standard of global compliance and build a trusted framework across different markets.”

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Warning from OKX: No Official Extension Released for Firefox

OKX emphasized that they have not released any official extension for Firefox and urged users to download software only through official channels. Users who may have inadvertently installed the fake extension were advised to immediately transfer their wallet assets to a different account.

OKX has contacted Firefox requesting the removal of these applications and invited users to exercise caution regarding third-party software.

Phishing Attacks Hit Record Levels in 2024

According to the 2024 Web3 Security Report published by cybersecurity firm CertiK, which detailed the most significant threats to digital assets, crypto users lost more than $1 billion across 296 phishing attack campaigns in 2024. This represents a 21% increase compared to 2023.

Recommendations for Users

The growing user base in the cryptocurrency market is leading to an increase in cyber threats. Threats such as phishing attacks, malware, and fake software specifically target users’ funds and sensitive information. Here are comprehensive measures you can take to protect your digital assets:

• Download Software and Extensions from Official Sources
• Be Vigilant Against Suspicious Links
• Use Strong Passwords and Two-Factor Authentication (2FA)
• Ensure Device Security
• Stay Alert to Phishing Attacks
• Use Cold Wallets

You can access the Cold Wallet Ledger Flex Setup Guide here.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Fake OKX Wallet Extension Detected in Firefox appeared first on Coin Engineer.

Integration Details and User Benefits

On the OKX Wallet’s official X – formerly Twitter – post, the wallet gladly announced the newest integration. The wallet platform noted that wallet users can now restake their SOL tokens on Solayer with the help of the services that OKX Wallet offers.

Restaking is an essential process within blockchain systems, mainly for the likes of Solana. It entails actions such as locking the staked coins with validators, which enhances the blockchain’s efficiency and security. Thanks to this integration, the users of the OKX Wallet can take part in this important process thus becoming the custodians of the Solana network security.

Broadening the Ecosystem

The integration with Solayer proves the desire of OKX Wallet’s platform to develop its ecosystem and create the useful offers for users in the sphere of blockchain. In this way, through funding and promoting qualitative projects such as Solayer, OKX Wallet guarantees the availability of innovative services and tools to its consumers in the sphere of cryptocurrencies.

Thus, with the smooth transition to SOL restaking on Solayer, both newbies and experienced crypto users can effectively employ it and strengthen OKX Wallet’s recall to provide various and convenient solutions for staking cryptocurrencies.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post OKX Wallet Integrates with Solana’s Solayer for Enhanced User Experience appeared first on Coin Engineer.

What is Plume?

Plume is an EVM-compatible public blockchain designed to integrate real-world assets (RWAs) into the blockchain. The platform incorporates traditional assets such as private credit, ETFs, and commodities into decentralized finance (DeFi) tools, making processes like staking, trading, lending, and borrowing these assets as simple as with cryptocurrencies.

How Does Plume Work?.

To integrate RWAs into the blockchain, Plume uses the following components:

• Plume Chain: An EVM-compatible blockchain that provides the infrastructure for tokenizing RWAs and integrating them into DeFi.

• Arc: A tool that facilitates the tokenization of different asset classes and their transfer onto the blockchain.

• pUSD: A native stablecoin within the Plume ecosystem, used in RWA-related transactions.

• Plume Passport: A wallet solution that enables users to access and manage RWAs.

• Nexus: A data bus system that simplifies the management and integration of on-chain data.

Through these components, Plume enables the tokenization, management, and integration of RWAs with DeFi protocols, allowing users to interact with them just like crypto assets.

How to Get pUSD?

1. First, click on the link to access the webpage where you can acquire pUSD.

2. Connect your wallet.

3. Enter the amount of pUSD you want to purchase and confirm the transaction.

4. Once completed, the coin you swapped will be replaced with pUSD in your wallet.

5. You now have pUSD ready to explore a variety of DeFi use cases backed by Real World Assets.

What is Plume’s Purpose?

Plume’s primary goal is to integrate traditional financial assets into the blockchain, making them more accessible, transparent, and user-friendly. By tokenizing assets such as private credit, ETFs, and commodities, the platform allows users to stake, trade, lend, and borrow these assets seamlessly. This way, users can interact with traditional assets in the same way they do with cryptocurrencies.

Who Founded Plume?

Plume Network was founded by the following co-founders:

• Chris Yin – CEO

• Eugene Shen – CTO

• Teddy Pornprinya – Co-Founder

This team brings together expertise in both traditional finance and blockchain technology to realize Plume’s vision.

Who Are Plume’s Investors?

Plume Network has secured funding from a range of prominent investors:

• Seed Round: In May 2024, the project raised $10 million in a seed round led by Haun Ventures, with participation from Galaxy and Superscrypt.

• Series A: In December 2024, Plume raised $20 million in a Series A round from investors including Brevan Howard Digital, Lightspeed Faction, Haun Ventures, Galaxy Ventures, Hashkey, Laser Digital (Nomura Group), 280 Capital, Superscrypt, A Capital, SV Angel, and Reciprocal Ventures.

In total, Plume Network has raised $30 million in funding.

$PLUME Tokenomics

• Total Supply: 10 billion $PLUME

• Circulating Supply: 2 billion $PLUME (20% of total supply)

• Maximum Supply: 10 billion $PLUME

Token Allocation

• Community & Ecosystem: 59%

• Early Investors: 21%

• Core Contributors: 20%

$PLUME Token Use Cases

• Gas Fees: $PLUME tokens are used to pay for transactions on the Plume platform.

• Governance: Holders can participate in network governance and influence decisions such as protocol upgrades.

• Staking & Rewards: Users can stake $PLUME tokens to earn rewards.

• Ecosystem Liquidity: $PLUME serves as a liquidity asset and is used in various ecosystem operations.

Plume Network Roadmap

Plume Network’s roadmap focuses on strengthening technical infrastructure, expanding the ecosystem, and enhancing user experience. Each stage represents strategic steps toward achieving Plume’s vision of integrating real-world assets into the blockchain.

Phase 1: Foundation & Infrastructure (Q1 2025)

• Mainnet Launch & Initial dApp Support: The Plume mainnet went live, enabling the platform’s core functionalities along with support for the first decentralized applications (dApps).

• Cross-Chain Interoperability: Integration with multiple blockchain networks to allow seamless asset transfers across chains.

• Governance Mechanisms for Community Participation: Introduction of governance features that allow users to take part in platform decision-making.

Phase 2: Ecosystem Expansion (Q2–Q3 2025)

• Integration with Additional Blockchains: Expanding interoperability with more networks.

• Developer Grants: Funding initiatives to incentivize developers in building new dApps.

• Strategic Partnerships: Forming collaborations with key industry players to drive adoption and ecosystem growth.

Phase 3: Advanced Features & Scalability (Q4 2025)

• Layer-2 Solutions: Implementing L2 solutions to enhance scalability.

• Enhanced Developer Toolkits & SDK Updates: Providing improved resources and updated SDKs to support developers more effectively.

The post Plume Network: Democratizing RWA on the Blockchain appeared first on Coin Engineer.

Plume OKX Wallet

Exciting news, we have now integrated with @okxweb3 which will provide OKX Wallet users access to real-world assets on Plume Network all through the OKX Wallet web extension.

Check out the details below https://t.co/rcUBLGqcV8 pic.twitter.com/jnljGX7aV8

— Plume Network ETH Denver (@plumenetwork) February 26, 2024

The advantages offered by Plume Network include:

1. RWA Focused: Plume Network simplifies the complex distribution processes of RWA projects and offers investors the opportunity to invest in various RWAs. Also, it enhances RWA composition through DeFi applications and connects with buyers to increase liquidity.
2. Developer Friendly: Plume offers a comprehensive technology stack to help asset issuers launch RWA projects and assist investors in effectively allocating capital. It integrates with both assets and compliance providers.
3. One-Stop Solution: Plume reduces the operational burdens of RWA projects and provides investors with a secure and easy investment environment. This encourages innovation and increases collaboration between asset issuers and investors.

This partnership will provide access to RWAs for everyone interested in joining the Web3 financial revolution. OKX Wallet, through this partnership, offers its users the ability to invest in RWAs.

You can take advantage of the opportunities by registering with the OKX and OKX TR exchanges using the Coin Engineer’s discounted registration link: OKX and OKX TR.

The post OKX Wallet and Plume Network Partnership! appeared first on Coin Engineer.

Animoca Brands Partners With 3 Wallets To Increase Network in Mocaverse

Animoca, a major player in the Web3 space, has partnered with three prominent crypto wallets – OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet – to bolster its Mocaverse membership network project.

Mocaverse, introduced in December 2022, serves as a membership NFT collection tailored for Animoca Brands’ investors and collaborators. Recently, it unveiled Moca ID, a decentralized identifier enabling users to authenticate their identity across various Mocaverse network products.

This collaboration enables users of OKX, Crypto.com, and Halo wallets to seamlessly claim their Moca IDs within the app and gain access to the Mocaverse ecosystem. Furthermore, Moca ID holders can earn loyalty points within the Mocaverse network by actively engaging with partner experiences.

Animoca Brands plans to kickstart marketing initiatives with these partners in Q1 2024, with further updates anticipated soon. These partnerships follow closely on the heels of Animoca Brands’ collaboration with HashKey Exchange, aimed at fostering Web3 adoption, particularly within the digital entertainment sector.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Founded in 2017, OKX is a Seychelles-registered cryptocurrency exchange that adopts blockchain technology to build the next generation financial ecosystem.

OKX exchange offers users a very easy interface to buy and sell digital assets, trade and store their investments. In this way, users can both make profits through buy and sell transactions and keep their investments on hold for a long time.

There are many transactions you can perform with OKX Exchange. Here are some of them: 

• You can trade hundreds of tokens and trading pairs on the spot, margin and derivatives markets.
• You can manage your DeFi portfolio by connecting your Web3 wallet to organize all your decentralized assets in one place.
• You can create, buy or sell various NFTs in the NFT market.
• You can explore the best decentralized apps including DeFi and blockchain gaming DApps.
• You can use our mobile app or browser extensions to connect to DeFi with the Web3 wallet.
• You can earn crypto in our mining pools, borrow crypto collateralized loans and explore other ways to increase your crypto with OKX Earn.
• Connect to the world-renowned TradingView Platform to trade crypto with highly detailed charts.

OKX Central Exchange (CEX)

The OKX centralized exchange is a platform that allows fiat deposits and trading of digital assets on a centralized platform.

On the CEX platform, all fiat or cryptocurrencies are carefully monitored and kept safe. CEX takes the necessary measures to ensure the safety of your assets and funds in the same way that your bank accounts are kept safe. The OKX centralized exchange allows traders to trade more than 350 digital currencies such as Bitcoin and Ethereum.

After registering and creating an account on CEX, traders can buy cryptocurrencies directly with fiat currency without paying any fees. In addition to spot trading, traders can also access contracts to buy or sell a specific asset in the future for a predetermined price.

With a similar structure to other cryptocurrency exchanges such as Binance and Crypto.com, OKX CEX allows traders to hold their assets on the platform and trade cryptocurrencies.

OKX Decentralized Exchange (DEX)

He realized that unlike the centralized exchange, OKX DEX does not hold assets on the platform and traders have full control over the assets they store in their cryptocurrency wallets. OKX DEX allows traders to trade cryptocurrencies without the need for an OKX account. Trading takes place between cryptocurrencies instead of fiat currencies.

Users can connect to OKX DEX using a cryptocurrency wallet such as MetaMask or OKX’s own wallet. OKX DEX is important for traders in Turkey as it is accessible and gives traders the option to start trading cryptocurrencies on OKX CEX (Centralized Exchange) or OKX DEX (Decentralized Exchange) depending on their wishes.

What are the advantages of OKX Exchange?

• The platform offers many different methods for both deposits and withdrawals.
• It also offers its users an economical option with trading commissions below the market average.
• A fully functional mobile app is also available and accepts different currencies and payment methods.
• In terms of security, the platform offers its users the highest level of service.
• It also offers price comparisons through the fastest and best channels, giving its users an excellent experience.

Thanks to these features, the platform provides a high level of security and satisfaction to its customers.

OKX Exchange Trading Fees

As the platform offers trading in multiple cryptocurrencies and a variety of trading options, the fees charged vary depending on the type of investment. There are essentially three fees for trading cryptocurrencies with OKX.

Spot Trading Fees – Fees charged for real-time trading of digital assets.

Futures Fees – Fees charged for trading on the future price movements of digital assets.

Option Fees – Fees charged when options are traded. Buying an option gives you the right to buy the digital asset at a certain price in the future, but not necessarily on that date.

Interface and Ease of Use

OKX is one of the largest cryptocurrency platforms in the world, attracting more than 20 million active users by offering an easy-to-use and intuitive trading platform. You can become a member of OKX in a short time and start trading on this centralized exchange by depositing funds by performing KYC transactions.

The platform also offers various facilities to support beginner traders. Thanks to the leaderboard in the search bar, you can see the best portfolios on the platform.

To stay informed about the best cryptos to trade, you can follow other users’ accounts and view their investment returns.

If you want to learn more about the crypto world, you should definitely visit the “OKX Academy” platform. You can improve yourself with the articles in this section. You can also find emerging trends, analysis and news from the crypto world.

Exchange Trading Instruments

Staking

As one of the best crypto staking platforms, OKX offers high returns with flexible and locked staking options.

With the OKX Staking tool, you can generate passive income to support the operations of a cryptocurrency chain by locking your cryptocurrencies in your wallet for a certain period of time without spending or transferring them.

Crypto Trading Bot

OKX is one of the leading names in cryptocurrency ecosystems around the world and offers a comprehensive range of products and services. Aside from trading pairs, offering many different services such as DeFi offers and passive monetization opportunities, OKX also offers a customizable trading robot, allowing you to take advantage of different automated and manual trading strategies.

OKX’s trading robot helps you take advantage of market fluctuations by automating your trading. Using the robot, you can react quickly to rapid price movements in the market and take instant profits. You can also use the robot’s automated trading strategies to automate trades that you might otherwise do manually.

Its trading robot allows users to implement different strategies. Thanks to the customizability of the robot, users can choose a specific strategy or create their own. These strategies can be adjusted according to the user’s risk tolerance and investment goals.

Its trading robot also helps users to analyze the market. By analyzing market data, the robot provides users with trading advice. This allows users to make more informed and accurate decisions.

Copy Trading Transactions

OKX is excited to introduce our new Copy Trading tool as part of its Social Trading, which will bring you a whole new trading experience. With OKX’s Copy Trading Platform, you can profit by sharing your best trading strategies or copy the trades of professional traders from around the world with over 600 trading pairs so you can learn how to trade from them.

Join the OKX Exchange Futures group to get detailed information about Exchange Futures and to follow the developments.

OKX Exchange Registration

In order to trade securely on the OKX exchange and take advantage of many opportunities, you must have a KYC approved OKX exchange account defined in your name. If you do not already have an OKX account, you can register with our discounted registration link and start taking advantage of many opportunities.

You may be interested in : What is KYC in the Crypto Market? Why is it Important?

After reaching the registration homepage with our discounted registration link, enter your email address to create an account by email or click on the login by phone link to create an account by phone and then enter your phone number. Create your password with at least 6 characters, including at least 1 lowercase letter, 1 uppercase letter and 1 number. Click on the activated Sign Up button.

After clicking the Sign Up button, your membership will be active after you enter the verification code sent to your e-mail address or phone number. Afterwards, you need to perform KYC verification to perform your transactions without limits.

After logging in to your account by going to the OKX login page, hover over the user icon on the top right and click on the KYC Verification link in the submenu that opens. On the page that opens, select your nationality in the Nationality section, enter your full name and surname in the Name section and your ID number in the Document Identification Number section and click the Submit Information button.

KYC verification will be completed shortly.

OKX App

You can also trade on OKX via the app, which you can download from the Google Play Store and App Store. In other words, you can do spot trading and futures trading through the OKX app. The app has more than 250 thousand votes in the Google Play Store.

OKX Wallet

OKX Wallet is a multi-currency application integrated into the app that allows you to store all your crypto assets in one place.

Using the wallet, you can easily store and manage all your crypto assets, including your NFTs, in one place. With the Onchain feature, you can securely join DeFi projects on other blockchains, connect to dApps and trade on there.

In Which Countries is OKX Legal?

The exchange, one of the largest global cryptocurrency exchanges, is available in more than 100 countries. Some of the countries where OKX is available.

• Australia
• Canada
• Turkey
• Japan
• United Arab Emirates
• United Kingdom
• France
• Philippines
• Portugal

What is OKD? Where to Buy?

OKB is a global utility token of the cryptocurrency exchange. It aims to build an the ecosystem that supports the development of blockchain technology and the digital asset sector by connecting potential digital asset projects with its users and professional investors.

May Catch Your Attention: What is OKB Coin?

You can buy OKB Coin on OKX exchange. You can use the relevant link to easily buy cryptocurrency with TL on OKX exchange.

Current Coinmarketcap data about Okb coin:

You can access the event worth 1.000.000 TL organized by OKX Exchange for Turks via the link.

OKX exchange registration link with 20% discount

For more detailed information about the Exchange, you can watch our content video “Using OKX Exchange from Scratch” on our Paramuhendisi Youtube Channel.

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