Flash News: OKX Adds Cardano's ADA Token to On-Chain Earn Product

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Apr 25, 2024, 07:00 ET

NASSAU, the Bahamas, April 25, 2024 /PRNewswire/ -- OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for April 25, 2024.

OKX Adds Cardano's ADA Token to On-Chain Earn Product

OKX is excited to announce the addition of Cardano's ADA token to its On-Chain Earn product. This new offering will be available for subscriptions beginning at 11:00 AM (UTC) today.

The inclusion of ADA to On-chain Earn allows users to experience on-chain rewards with no subscription limits and simplified operational steps, leading to a more seamless user experience and real on-chain annualized earnings.

Eligible users who wish to stake ADA on On-Chain Earn can follow these instructions:

On web browsers: Visit the navigation bar and select Grow > Earn > On-chain Earn. Search for ADA and choose subscribe.
On the OKX app: Select Grow > Earn > On-chain Earn. Search for ADA and click on subscribe.

This addition demonstrates OKX's commitment to partnering with verified third-party projects to ensure the security of users' assets. It also expands OKX's diverse range of services, offering users more opportunities to optimize their assets' potential.

ADA is the native token of the Cardano network. Cardano operates on a unique proof-of-stake consensus protocol that validates transactions without high energy costs. The Cardano network also runs decentralized applications, or dApps, services not controlled by any single party but instead operate on a blockchain.

For more information, please visit the Support Center.

For further information, please contact:
[email protected]

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1 and Olympian Scotty James OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

SOURCE OKX