What's OKX Web3 wallet?

Published on Sep 5, 2023Updated on Feb 18, 20253 min read91,107

OKX Wallet is a decentralized multi-chain wallet that enables you to access and explore the Web3 world. With OKX, you have access to over 1,000 DApp protocols and features such as multi-chain and cross-chain DEX, yield farming, NFT marketplace, and DApp discovery. Using OKX Web3 wallet, you can easily access Ethereum, Arbitrum, OKC, BSC, Aptos and other networks. This eliminates the need to create multiple wallets for different public chains and simplifies multi-chain asset management. A wallet is all you need for your Web3 experience.

Decentralization means that you will be in full control of your assets and responsible for securing your wallet's private keys and passwords. You will need:

  • Back up your seed phrase or private key, as it's the only way to access your assets.

  • Create a strong password for your wallet and store it in a safe place. Decentralized wallet doesn't save your wallet password and can't retrieve it if it's lost

  • Stay cautious when responding to unfamiliar requests for approval, as they may be attempts to scam or phish you.

  • Be careful when clicking on unknown links and downloading new software.

Note: OKX Wallet Passed Security Key Audit by Slowmist. OKX Web3 wallet doesn't save your seed phrase, private key, or password and never sends your seed phrase or private key to any external server.

What's the benefits of using OKX Wallet?

  • Take full ownership of the assets

  • Withdraw crypto without approval process compared to trading platforms

  • Generate a multi-chain wallet using a set of seed phrases to manage assets on 60+ networks including Ethereum, OKTC, BSC, Arbitrum, zkSync, Aptos etc, and also support multi-seed phrase import and derivation of addresses.

  • Available on iOS, Android and web browsers.

How do I back up my wallet?

  • Cloud back up: if you choose to back up with Cloud, your wallet's seed phrase will be securely stored in iCloud, Google Drive, or Huawei Cloud.

    To back up your wallet using these services, you must set a password to protect your seed phrase. This password will be required when restoring your wallet.

    Each Apple ID, Google account, or Huawei ID is linked to a single backup password. If you back up another wallet, you'll need to verify the previously set password.

    how to back up-app-1

Select your preferred back up method accordingly
Learn more about how you can back up your wallet with third-party cloud here.

  • Manually back up: write it down on paper, and store the copies in secure physical locations.

    Always securely back up your wallet's seed phrase or private key—once lost, it cannot be recovered. Additionally, keep your seed phrase safe, as anyone who gains access to it will have full control over your wallet.

    Learn more on how you can manually back up your wallet here.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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