OKX Wallet Brings Solana’s Blinks to Ethereum

Last updated:

Editor

Veronika Rinecker

Editor

Veronika Rinecker

About Author

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been…

Last updated:

Why Trust Cryptonews

With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews

OKX Solana Blinks

Centralized crypto exchange OKX has expanded its OKX Wallet to include Solana’s blockchain links, or Blinks, making it accessible across all Ethereum Virtual Machine (EVM)-compatible chains.

According to the exchange’s August 15 press release, OKX Wallet users can now effortlessly initiate fee-less blockchain transactions, such as staking and swapping tokens, directly from their social media feeds. By sharing unique OKX Wallet URLs (Blinks) on platforms like X and Discord, users can execute transactions with a simple click, eliminating the need to switch between apps.

This feature also allows for seamless non-fungible tokens (NFT) purchases, for example, directly from a social media post.

Blinks, a collaborative effort between the Solana Foundation and Dialect, a protocol and developer stack, streamline user interactions with smart contracts. This tool allows users to seamlessly engage with decentralized applications (DApps) directly on platforms like X, bypassing the complexities of blockchain interfaces. By integrating Blinks and partnering with Dialect, OKX is also eliminating transaction fees, making blockchain technology and decentralized finance (DeFi) more accessible to the public.

“With the addition of multi-chain Blinks, users can now perform even more on-chain actions directly embedded in their usual sites and platforms,” said Jason Lau, OKX chief innovation officer. “We’re also working with partners across both the Solana and EVM ecosystems to ensure their applications are supported.”

Building upon the recent integration of 100 protocols, including recently added Toncoin (TON), OKX Wallet is set to expand further through upcoming partnerships focused on enhancing Blinks. However, no specific details about these collaborations were mentioned.

OKX’s initiative echoes a similar move by Farcaster, which launched “Frames” in January 2024. This feature enables embedding interactive elements like NFT minting, gaming, and checkout directly into social media posts, enhancing user experience.

OKX Expands Reach: EEA Subdomain and European Hub

This new OKX Wallet’s support of Blinks comes amidst a period of broader growth for OKX. In July, the company launched a dedicated subdomain, my.okx.com, specifically catering to users in the European Economic Area (EEA). The new subdomain will offer the same range of products and services previously available on the global platform while ensuring it adheres to all relevant EEA regulations.

Further expanding its European footprint, OKX selected Malta as its hub for compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This strategic decision positions OKX to offer its services to over 450 million potential customers within the EU. By establishing a presence in Malta, OKX aims to provide a regulated platform for crypto trading and investing while facilitating seamless euro and local currency transactions.

You May Also Like