OKX Adds Cardano's ADA to On-Chain Earn Platform

OKX, a renowned crypto exchange and Web3 technology firm, has introduced Cardano's ADA token to its On-Chain Earn product on April 25, 2024. This addition allows users to engage in on-chain rewards without subscription limitations and simplified processes, enhancing the user experience and providing genuine on-chain annualized earnings. OKX's partnership with verified projects such as Cardano underscores its commitment to user asset security while expanding its service offerings.

OKX Announces Addition of Cardano's ADA Token to On-Chain Earn Product

Nassau, The Bahamas - April 25, 2024 - OKX, a leading crypto exchange by trading volume and a prominent Web3 technology company, has announced the addition of Cardano's ADA token to its On-Chain Earn product. This new offering will be available for subscriptions commencing at 11:00 AM (UTC) on April 25, 2024.

The integration of ADA into On-Chain Earn empowers users to participate in on-chain rewards without subscription limits or intricate operational procedures. This streamlined process enhances the user experience and facilitates real on-chain annualized earnings.

Eligible users seeking to stake ADA on On-Chain Earn may follow these guidelines:

• On web browsers: Navigate to the navigation bar, select "Grow" > "Earn" > "On-chain Earn." Locate ADA and click "Subscribe."
• On the OKX app: Select "Grow" > "Earn" > "On-chain Earn." Find ADA and tap "Subscribe."

This addition underscores OKX's commitment to collaborating with reputable third-party projects, ensuring the security of users' assets. It also broadens OKX's comprehensive range of services, presenting users with expanded opportunities to maximize the potential of their assets.

ADA serves as the native token of the Cardano network, which operates on a unique proof-of-stake consensus protocol. This protocol validates transactions without incurring significant energy costs. Additionally, the Cardano network enables the execution of decentralized applications (dApps), independent services operating on a blockchain infrastructure rather than being controlled by a centralized entity.

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About OKX

OKX is a prominent global crypto exchange and an innovative Web3 enterprise, trusted by over 50 million users worldwide. Renowned for being one of the most expeditious and dependable crypto apps globally, OKX is the top partner of English Premier League champions Manchester City FC, McLaren Formula 1, and Olympian Scotty James. OKX endeavors to amplify the fan experience through novel engagement opportunities. Furthermore, OKX holds the distinction of being the top partner of the Tribeca Festival, aligning with an initiative to welcome more creators into the Web3 realm.

The OKX Wallet represents the platform's latest offering, empowering individuals to venture into the NFT and metaverse domains while trading GameFi and DeFi tokens. OKX maintains an unwavering commitment to transparency and security, publishing its Proof of Reserves on a monthly basis.

For more information on OKX, download the app or visit: okx.com