OKX officially launches its in-exchange DEX.
TL;DR
OKX has launched an in-exchange DEX allowing users to trade Solana, Base, and X Layer tokens with USDT/USDC directly in their accounts. It features no seed phrases, subsidized gas costs, and rewards for participation, aiming for a hybrid, seamless on-chain future.
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On November 14th, according to official news, OKX officially launched its in-exchange DEX. Users can directly buy and sell on-chain tokens of Solana, Base, and X Layer using USDT or USDC in their trading accounts within the OKX exchange. It is understood that the OKX in-exchange DEX is a decentralized self-custodied wallet, and users do not need to remember seed phrase or private keys. When trading on the in-exchange DEX, users do not need to perform complex operations such as cross-chain transactions or withdrawals, and OKX subsidizes users' gas costs. Simultaneously, users can participate in OKX activities, promote OKX DEX trading, and create high-quality content to win cash rewards.
OKX CEO Star further stated that centralized liquidity and decentralized execution can now be completed through a single entry point. With the official launch of the DEX trading platform integrated into the OKX App, hundreds of millions of users can exchange on-chain tokens such as Solana, Base, and X Layer without leaving the exchange, and it currently supports 0 Gas. This represents the future direction of exchanges: hybridization, seamlessness, and full on-chain integration.