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New this week: Tools to help you DYOR and Ordinals World Tour

onchain-weekly-2

Onchain Weekly #2

Proactive Warnings, Liquidity Monitoring & Limit Orders

Welcome back to Onchain Weekly!

This is the second edition of a new series that invites you behind-the-scenes with the OKX Wallet team. It's a sneak peek into what we're building and why we're building it. Here, you'll see first-hand why Wallet is the most secure and compatible wallet to manage, swap, and explore everything onchain.

Here's what's new this week

New tools to stay safe when swapping tokens

Worried about honeypots, hidden taxes, or rugs? If so, take a closer look at the tools and indicators we've built to help you assess whether a token or contract is malicious, high risk, or open to modifications. Select any token from the 'Trade' page, to access the 'Assessment' and security notices. Look out for more improvements to this feature over the next few weeks.

proactive-risk-assessment
Look out for honeypot, contract modification and tax risks, before committing to a swap

More context on market movements

Markets move fast, especially with liquidity flowing through multiple routes and platforms. We've made it easier for you to stay on top of market movements with new charting and transaction monitoring capabilities. Select the token you're researching and scroll down on 'Charts' for more.

liquidity-monitoring
Review historical liquidity changes and transaction history across DEXs

Protect yourself from unfavorable prices

Okay, so technically speaking, this one isn't brand new this week, but maybe you missed it. Limit Order is an awesome tool to help you avoid buying or selling tokens at unfavorable prices. Simply go to 'Swap' for the token you want to trade and navigate to 'Limit Order.'

limit-order
Understanding Limit Orders can give you more control over the price you buy or sell.

We're taking ordinals on a world tour

The Ordinals World Tour brings together pioneers, builders, artists, and creators from the Bitcoin ecosystem for a global meetup series spanning Asia, Europe, and the U.S. We're teaming up with Ordzaar and other community partners to host the series, coming soon to a city near you. Destinations and schedule to be revealed shortly, keep an eye on X (Twitter) for news.

ordinals-world-tour

Thanks for reading, and until next week.

The OKX Wallet team - Onchain, any chain.

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.
© 2024 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2024 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2024 OKX.” No derivative works or other uses of this article are permitted.
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