SINGAPORE, Feb. 18, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for February 18, 2024.
OKX Wallet is now integrated with Bitcoin Name Service System (BNSx) protocol. This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.
BNSx is a decentralized naming protocol built on top of the Bitcoin and Lightning networks. It enables users to map easy-to-remember domain names like alice.bnsx to Bitcoin addresses, making sending and receiving BTC simpler and less prone to errors. BNSx leverages RGB smart contracts and the Lightning Network to provide fast, cheap, private transactions with registered names.
By integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses. Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet. Users can also send BTC to other .bnsx names with the recipient's domain mapped to their BTC address.
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 80 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 300+ other DEXs and approximately 15 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, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
