OKX launches OKX Money- Unlocking new era of Digital Dollar Savings, everyday spending

OKX, a starring planetary cryptocurrency speech and onchain exertion institution serving implicit 150 cardinal customers worldwide, has announced the motorboat of OKX Money.

The app debuted globally connected October 6 during OKX Now, the company’s flagship merchandise event, with Nigeria, Kenya and South Africa among its archetypal markets.

It allows users to securely save, transfer, and walk integer dollars. Users whitethorn gain yields connected qualifying balances, execute planetary transactions without incurring overseas speech fees, and get cashback rewards connected eligible expenditures.

OKX Money provides a streamlined onboarding process: upon depositing funds via immoderate of the much than 50 supported section currencies, the superior is automatically converted into US dollar-backed stablecoins.

Eligible clients tin automatically make up to a 10% APY connected qualified USDG holdings, transact straight done the application, and gain up to 10% cashback connected qualifying purchases. Currently, OKX Money is also  disposable crossed markets successful Latin America, Africa, South Asia and the Middle East.

In immoderate regions, currency fluctuations, constricted entree to banking services and overseas speech fees tin marque it hard to support savings and walk globally. By utilizing stablecoins for payments, customers tin determination wealth astatine the velocity of the net portion avoiding conversion costs that tin adhd 2% to ...