The cryptocurrency landscape continues to evolve rapidly, and OKX remains at the forefront of innovation, security, and user experience. From new asset listings and advanced trading tools to critical security guidance and Web3 integrations, OKX consistently delivers value to its global user base. This comprehensive update covers recent platform developments throughout October 2024, focusing on key upgrades, product launches, and essential safety practices—all designed to empower traders and investors.
Whether you're a seasoned trader or exploring decentralized finance (DeFi) for the first time, staying informed about platform capabilities and potential risks is crucial. Below, we break down the latest announcements into clear categories for better understanding.
🚀 New Asset Listings and Trading Enhancements
OKX continues expanding its suite of tradable assets and financial instruments, offering users greater flexibility and access to emerging projects.
Pendle (PENDLE) and Eigen (EIGEN) Now Available for Spot Trading
Pendle, a leading protocol for yield tokenization, has been added to OKX’s spot trading markets. This enables users to gain direct exposure to PENDLE tokens and participate in yield-based strategies. Similarly, Eigen—a project associated with EigenLayer’s restaking ecosystem—has also launched on spot markets, with both spot trading and futures contracts now live.
👉 Discover how to start trading emerging crypto assets today.
Introduction of PayPal USD (PYUSD) Spot Pairs
OKX now supports PayPal USD (PYUSD) spot trading pairs. As a regulated U.S. dollar-pegged stablecoin backed by PayPal, PYUSD enhances liquidity options and provides a trusted bridge between traditional finance and digital asset ecosystems.
USDC Trading Expansion
Multiple new USDC-based spot pairs have been introduced across different dates in October 2024, improving market depth and enabling smoother fiat-to-crypto transitions. These additions support enhanced trading efficiency and reduce slippage.
HMSTR/USDC Pair Launch
The HMSTR/USDC trading pair has been listed, catering to growing interest in meme-inspired digital assets while maintaining stability through pairing with a major stablecoin.
X (formerly Twitter) and GRASS Pre-Market Futures
OKX has launched pre-market futures for X (X Empire) and GRASS, allowing early speculation and price discovery ahead of official token launches. These instruments provide institutional-grade tools for forward-looking traders.
🔧 Advanced Trading Tools & Features
To improve user experience and execution efficiency, OKX has rolled out several technical upgrades.
K-Line Direct Order Placement (Futures)
Traders can now place orders directly on the K-line chart within the futures interface. This feature supports stop-loss and take-profit settings, streamlining trade execution and reducing latency during volatile market conditions.
Coin-Margined Dual-Currency Earnings
OKX has introduced a coin-margined dual-currency earnings product for ETH/BTC pairs. Users can earn yield while holding their preferred cryptocurrency, without needing to convert to USDT. This avoids forced exits due to stablecoin volatility and allows seamless conversion between BTC and ETH at zero fees.
Grid Trading & Dual-Currency Strategies for ETH/BTC
For those looking to capitalize on price fluctuations, OKX promotes grid trading strategies alongside dual-currency earning products. These tools help users automate buying low and selling high, optimizing returns during sideways or volatile markets.
💼 Web3 Wallet & Decentralized Finance (DeFi) Advancements
OKX is deepening its integration with the decentralized ecosystem through wallet innovations and DeFi campaigns.
OKX Mini Web3 Wallet on Telegram
The OKX Mini Web3 Wallet is now accessible via Telegram through @OKX_WALLET_BOT, supporting over 100 blockchains for asset management and decentralized exchange (DEX) trading. Upcoming support for TonConnect will further expand interoperability with DApps on The Open Network.
Solana Rent Reclamation Tool
OKX Web3 Wallet users can now reclaim unused SOL rent deposits through a built-in toolkit. This improves capital efficiency by recovering dormant funds locked in inactive token accounts.
SEI Network Cryptopedia Campaign
OKX launched a major engagement campaign featuring Sei Network, offering over 300,000 USDT worth of SEI tokens and ecosystem rewards. Participants complete social media tasks to earn gas credits and gain early access to DeFi opportunities.
SEI DeFi Season 2: Earn Up to 2.7M SEI
Building on the momentum, OKX supports SEI DeFi Season 2, where users can stake iSEI or lend USDC/iSEI on partner platforms like YeiFinance to share in a 2.7 million SEI reward pool.
🔐 Security Best Practices and Fraud Prevention
As crypto adoption rises, so do security threats. OKX emphasizes proactive measures to protect users.
Beware of Impersonation Scams
Fraudsters often pose as OKX support staff via Telegram or email. Always verify identities through official channels:
- Official announcements: t.me/OKXAnnouncements_CN
- Avoid clicking unsolicited links or sharing private keys.
Secure Use of Telegram Bots
Follow these guidelines:
- Only use bots from verified sources.
- Review requested permissions carefully.
- Enable two-factor authentication (2FA).
- Disable auto-download of media/files.
- Regularly audit active sessions.
Phishing Prevention in Web3
Never share your seed phrase or private keys. Double-check URLs before connecting wallets. Use audited wallets like OKX Wallet and avoid suspicious DApp links sent via DMs.
Dispute Resolution via Order Appeal
If you encounter issues during peer-to-peer transactions, use the "Appeal" function in the order details page. OKX moderators will intervene to resolve conflicts fairly.
📊 Transparency and Platform Trust
OKX reinforces its commitment to transparency through regular reporting.
CEX Safety Monthly Report Highlights
- 23rd Proof of Reserves published
- Risk provision fund exceeds $1.853 billion
- Over 559 mistaken deposits recovered (worth >627,100 USDT)
- More than 11,340 users opted into contract cooling-off periods
These metrics demonstrate OKX’s institutional-grade risk management and dedication to user protection.
❓ Frequently Asked Questions (FAQ)
Q: How do I access the Solana rent reclamation tool?
A: Go to your OKX Web3 Wallet > Toolkit > Solana Token Account to recover unused SOL deposits from inactive accounts.
Q: What is pre-market futures trading?
A: It allows trading of tokens before their official launch, enabling early price discovery for assets like X and GRASS.
Q: Is the OKX Mini Wallet safe to use on Telegram?
A: Yes, but always verify the bot’s username (@OKX_WALLET_BOT) and never share sensitive information.
Q: How can I participate in the SEI DeFi campaign?
A: Visit the OKX Web3 portal, connect your wallet, and complete designated tasks on Silo or YeiFinance to qualify for rewards.
Q: Can I trade PYUSD without KYC?
A: Trading availability may depend on your region and account verification level. Check local regulations within the app.
Q: Where can I report a suspected scam?
A: Immediately contact OKX support through the official app or website—never via third-party messaging platforms.
👉 Stay ahead with real-time market data and secure trading tools on OKX.
The pace of innovation in digital assets shows no signs of slowing. With robust security protocols, cutting-edge trading features, and deep Web3 integration, OKX equips users to navigate this dynamic space confidently. Whether you're earning yield, exploring NFT drops like Balance_Fun, or analyzing DEX volume growth recognized by DefiLlama, every tool you need is within reach.
👉 Unlock advanced trading strategies and explore new crypto opportunities now.