One Web3 Entry Is Enough! Four Steps to Mastering OKEx Web3 Wallet

Ritu77

Experiencing the 'DeFi Summer' in 2020, followed by the 'NFT Summer' and 'GameFi Wave' in 2021, the decentralized world built on blockchain has rapidly risen, leading to significant wealth creation.

However, under different blockchain networks, user assets are scattered, making it difficult to view and manage. Meanwhile, the surge in NFT popularity has raised Gas fees, blocking out many users. Is there an aggregated entry point that allows users to enter the decentralized world with low barriers while efficiently managing their assets?

The answer is yes. Web3 wallets are designed to provide comprehensive and powerful one-stop services for users within the decentralized ecosystem, deeply engaging in the construction of the decentralized ecosystem.

Specifically, the Web3 wallet includes three parts: asset dashboard, NFT marketplace, and discovery channel. The asset dashboard offers management functions for multi-chains, multi-wallets, and multi-assets, allowing users to track asset portfolios from different DeFi protocols on multiple public chains in one interface. The NFT marketplace provides one-stop services for NFT assets, allowing users to participate in NFT transactions on the primary and secondary markets, while also incorporating various innovative features and flexible gameplay. The discovery page provides information on DeFi sectors such as DApps and blockchain games. So, how can users experience and participate?

Here's a detailed guide on how to use the OKEx Web3 wallet:

I. How to Use the OKEx Web3 Wallet
Before using the OKEx Web3 wallet, you need to create or connect a Web3 wallet. The Web3 wallet is a browser-based digital asset management tool that allows users to participate directly in DeFi and NFT projects by authorizing the wallet. The OKEx Web3 wallet supports functions such as viewing assets, transferring and receiving funds, connecting and authorizing DApps, and adding or switching networks.

As the infrastructure of the DeFi ecosystem, the OKEx Web3 wallet adheres to decentralization, allowing users to control their private keys and assets. It supports various blockchain networks such as OKC, Ethereum, Polygon, Fantom, BSC, HECO, and will support quick transfers between exchanges and wallets in the future, integrating better with the OKC ecosystem.

So, how do you create and connect a Web3 wallet? You can follow these steps:

II. How to Trade in the Web3 Wallet
The trading functionality in the Web3 wallet aims to provide users with a one-stop multi-chain aggregated trading service. Through smart routing algorithms, it automatically calculates the optimal trading path and trade volume splitting to help users achieve the best execution prices.

In simple terms, the trading page of the Web3 wallet is a DEX (decentralized exchange) aggregator. Unlike centralized exchanges (CEX), DEX does not store user funds and personal data on centralized servers. Instead, it conducts the custody, trade matching, and trade clearing processes entirely on-chain through the underlying public chain's smart contracts. By providing liquidity through automatic algorithmic trading for specific markets, traders interact directly with smart contracts. Moreover, the Web3 wallet's 'Trade' product is also a DEX aggregator, automatically calculating the optimal trading path and trade volume splitting. It aims to help users automatically calculate all possibilities, providing users with the best exchange rates, lower gas fees, and smaller slippage.

Niti998

This wallet is worth exploring.

Samiksha

Wallets are generally chosen based on trustworthiness.

Kahn332

It's quite good and one of the few wallets available for use.

Jatin255

It's essential to choose a wallet with strength for transactions.