What's OKX Web3 wallet?

Published on 5 Sept 2023Updated on 28 Jan 20264 min read100,405

OKX Web3 Wallet is a non-custodial, decentralized, multi-chain wallet designed as a one-stop gateway to the Web3 ecosystem. It integrates a cross-chain DEX aggregator, on-chain investment tools for DeFi (Web3 Earn), and a multi-chain asset aggregation platform supporting Crypto, Ordinals, and NFTs, along with built-in DApp discovery.

With OKX Web3 Wallet, users can easily access 1,000+ DApp protocols across multiple networks, including Ethereum, Arbitrum, OKC, BSC, Aptos, and more, all from a single wallet. There is no need to create or manage multiple wallets for different blockchains.

As a truly all-in-one Web3 wallet, OKX Web3 Wallet simplifies multi-chain asset management and provides seamless access to decentralized trading, DeFi opportunities, NFTs, and emerging Web3 use cases, making it a complete entry point to the Web3 world.

What to know when using a Web3 wallet

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:

  • Using the wallet doesn't require identity verification, review, or account login. After creating or importing a wallet, you can start using it immediately without verifying a phone number, email address, or identity information.

  • The wallet password isn't the same as the seed phrase or private key. Its primary purpose is to protect your transaction security and sensitive information. When performing actions such as transferring assets or viewing your recovery phrase and other critical information, you will be required to enter the wallet password for verification.

What's the benefits of using OKX Wallet?

  • Take full ownership of the assets

  • Trade a wider range of on-chain assets, including meme coins, and discover high-quality opportunities directly on-chain.

  • Withdraw crypto without approval process compared to trading platforms

  • Generate a multi-chain wallet using a set of seed phrases to manage assets on 100+ networks including Ethereum, Solana, 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.

    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.