OKX Web3 Wallet Ultimate Guide: Lao Liek teaches you how to play with multi-chain assets with one click, a must-have artifact for harvesting wool!

If you want to play Web3, the first step is to find a reliable wallet. Don't worry about all the bells and whistles, OKX Web3 Wallet will arrange it for you directly - it supports more than 80 chains, has built-in DEX aggregator and DeFi tools, and a set of mnemonic words can manage all assets, which is extremely worry-free!

Today I will use vernacular to take you through the core functions and usage of this wallet, so that you can avoid detours in the currency circle.

What is OKX Web3 wallet?

Simply put, OKX Web3 wallet is a non-custodial, decentralized multi-chain wallet. Translated into adult language: You have the final say on your currency, the platform cannot touch your private key, and the security of your assets is firmly in your own hands.

It supports more than 80 networks such as Bitcoin, Ethereum, OKC, Solana, BSC, and Polygon. The best part is that you can generate wallet addresses for all chains with just one set of mnemonic words, without having to go through it again for each chain. Moreover, it can automatically identify the network, so there is no need to manually switch between wallets, and novices can easily get started.

The wallet also has built-in DEX transaction aggregator, DeFi currency earning tool, NFT trading platform, and directly connects with more than 1,000 DApp protocols. To say it is a "one-stop Web3 entrance" is not bragging.

Several advantages of OKX Ouyi Web3 wallet:

• Assets are completely under your control, the platform does not interfere
• The withdrawal speed is very fast, no need to wait for the platform to grind
• One set of mnemonics can handle all the chains, making management super worry-free
• Supports iOS, Android and browser plug-ins, covering all platforms

How to use OKX wallet?

Download and install

The OKX wallet is built into the OKX exchange and there is no separate wallet APP. If you are already using OKX exchange, just open it directly, which is very convenient.

**If you haven’t registered with OKX yet, listen to my advice: Register quickly through our official secure link! Not only can you get the highest authority Web3 wallet, but you can also enjoy a permanent 20% discount on transaction fees. This is a waste of money! **

**Securely register on OKX and get a permanent 20% fee discount: **

• Registration link: https://www.lywebuuz.com/join/LULALA
• Invitation code: LULALA

Note: The currency circle is deep, safety first! Be sure to download the App through this official link or official app store, stay away from download sites from unknown sources, and don’t let your assets go to waste.

Register and log in

Open the Ouyi App. When registering, you need to bind your mobile phone number (remember to select the correct area code, don’t make a mistake) and email address. Follow the step-by-step instructions and you'll be done in just a few minutes.

Create or import wallet

1. After opening the Ouyi APP and logging in, switch to [Web3 Wallet] at the top of the homepage and click [Create Wallet].
2. Select the verification method: you can set a wallet password, or use fingerprint/Face ID, whichever is more convenient.
3. After confirmation, the wallet will be created successfully. Simple, right?
4. If you have a wallet before, select [Import existing wallet], import it with a mnemonic phrase or private key, and restore it to the original state immediately.

Back up the mnemonic phrase (this step is the most important, don’t be lazy!)

After creating the wallet, the next step is to back up the mnemonic phrase. OKX Wallet provides iCloud backup and manual backup. **I strongly recommend that you manually copy it and save it - this is the only life-saving straw to restore the wallet. If you lose it, it will be all over. **

About mnemonics: The mnemonic is a string of English words (usually 12). Whoever has the mnemonic will own this wallet. Never take screenshots or send them to anyone. It is best to write them by hand on paper and lock it in a safe.

After verifying the mnemonic phrase according to the page process, your OKX Web3 wallet will be officially online!

Wallet account management

View and backup mnemonic words or private keys

Open the wallet and click ▼ > Wallet Management > Backup Wallet. You can choose to back up your mnemonic phrase or private key.

• If you back up the mnemonic words, a set of mnemonic words corresponds to a wallet (including derived wallets generated based on it). In other words, with this set of words, you can manage assets on more than 70 public chains, once and for all.
• If you are backing up your private key, please note that different public chains may correspond to different private keys, don't get confused.

Create new account

Click ▼ > + Add Account to easily create a new account. For example, these accounts under wallet A share a set of mnemonic phrases, usually called "derivative wallets", and are managed in an orderly manner.

Both wallets and accounts support renaming, just click ▼ > Wallet Management > Edit Wallet, and personalize the settings as you like.

Note: *Deleting created accounts is currently not supported. If you really want to delete it, you have to remove the entire wallet from the device and then re-import it using the mnemonic phrase, which is a little more troublesome.

• Wallets imported with private keys do not support adding accounts, so please keep this in mind.

Reset wallet

OKX Web3 wallet is a decentralized wallet. The platform does not store your password or private key, so don't expect them to help you retrieve your password. If you forget your password, you can only reset the wallet password by re-importing the mnemonic phrase or private key. There is no other way.

Operation path: Open the Web3 wallet, click [Account]-[Wallet Management]; click [Import Wallet]-[Mnemonic Phrase] or [Private Key], and just operate as required.

How to recharge, transfer and manage currencies in the wallet?

Recharge

There are three ways to recharge OKX wallet, there is always one suitable for you:

Method 1: Copy the wallet address and transfer directly Click the copy address icon, select the wallet address corresponding to the network, and transfer to this address.

Method 2: Scan the QR code to deposit coins Click "Receive", search for the currency to be recharged, select the corresponding network, and enter the details page to obtain the payment address. Copy the address or scan the QR code directly, enter the address in other exchanges or wallets or scan the QR code to recharge, which is convenient and fast.

Method 3: Quickly recharge from OKX exchange account You can quickly recharge directly from your OKX exchange account to your OKX wallet. However, this method requires handling fees, and the fees are different for different currencies and different chains. Click "Receive", then click "Quickly Withdraw Coins from Exchange Account" to start the operation.

Transfer

Select the wallet and account to which you want to transfer, such as Wallet D-Account 01. Take USDT as an example, click Send, enter the receiving address and quantity, the default network cost is average, click Next and confirm, simple and clear.

Currency Management

Scroll to the bottom of the wallet homepage, find and click [Currency Management], you can search, add, and remove currencies with flexible operations.

• Enter the currency name or contract address in the search box to add it.
• Or click ➕ on the right side of the currency to add, click ➖ to remove, whatever you want.

In addition, OKX Web3 wallet also supports adding custom currencies. Open [Currency Management], click "Custom Currency", select the corresponding network and protocol, fill in the currency identifier to complete the addition, and playing with niche currencies is not a dream.

How to check currency prices and use DEX?

OKX Ouyi DEX is a one-stop, multi-chain, cross-chain aggregation trading platform. X Routing automatically calculates the optimal transaction path, compares the prices of different liquidity pools and splits orders, giving you lower slippage, fewer network fees and the best transaction price, saving you worry and money.

Currently, OKX Ouyi DEX supports more than 10 chain transactions, aggregates more than 100 mainstream DEXs, and more than 100,000 currencies, and supports mainstream cross-chain bridges such as cBridge, MultiChain, and SWFT. Really implement a DEX to trade any chain and any asset, is it fun?

View currency quotes

In the Ouyi OKX APP, switch to the Web3 wallet, click Transaction > Market, and you can pay attention to the transaction prices, increases and decreases, and transaction volume of different types of currencies such as popular lists, Layer 2, and DeFi. Click on a certain currency to trade directly, and it is effortless to track the market in real time.

Enter the payment and receipt currencies, such as ETH and USDC. Click > to expand at the bottom to see the price trend of ETH/USDC. If you click on currency information (such as ETH), you will enter the details page of the currency, where you can learn about real-time market conditions, transactions, fund pools and currency overview, and the data is clear at a glance.

Flash swap and cross-chain

Click Transaction to enter the instant swap & cross-chain page. OKX Ouyi DEX currently supports single-chain exchange on 16 chains and cross-chain exchange on 9 chains, with wide coverage.

• Flash exchange: Refers to currency conversion on the same public chain, that is, the payment and receiving currencies are on the same network. For example, exchange ETH and USDT on Ethereum. Enter the amount you want to exchange, click Exchange, confirm in the wallet and wait for the transaction to be uploaded to the chain. It is fast.
• Cross-chain exchange: Refers to asset conversion between different public chains, that is, the payment and receiving currencies are on different networks. For example, exchange ETH on Ethereum and USDC on zkSync Era. Enter the amount you want to exchange, click cross-chain exchange, confirm in the wallet, and wait for the transaction to be uploaded to the chain. The cross-chain operation is easily completed.

In addition, OKX Ouyi DEX has launched a gas exchange function, which can quickly exchange mainstream assets such as USDT, USDC, DAI, WETH, etc. into gas fees, solving the embarrassment of no gas fees or insufficient gas fees in transactions.

For example, if you have USDT but no OKT on OKTC and want to exchange the USDT on the OKTC chain for OKT, select USDT_OKTC and OKT_OKTC at the payment and reception desk respectively, click Exchange > Replenish OKT > Exchange Gas, check the information and click Replenish OKT, enter the password to complete the Gas exchange, and you no longer have to worry about Gas.

How to use OKX Wallet to participate in DeFi?

OKX Ouyi Wallet provides a discovery entrance and aggregates a large number of DApp interfaces. You can filter various Dapps in the search box or the four rankings of DeFi, chain games, NFT markets, and tools, and jump to them with one click. When using a Dapp, just connect the wallet, it is simple and straightforward. You can also add commonly used Dapp points ♡ to your collection for easy search at any time, doubling the efficiency.

The OKX wallet DeFi module is currently connected to more than 30 public chains such as Ethereum, BTC, SUI, BNB Chain, Arbitrum, Optimism, Avalanche, Polygon, and Tron. It supports multiple protocols such as Compound, Aave, and UniswapV3, provides investment strategy tools, and gradually covers the vast majority of Web3 applications. There is no need to run around to play DeFi.

After opening the OKX Ouyi Web3 wallet and logging in, click the [DeFi] button in the bottom bar to directly enter the DeFi product page. The top section will automatically recommend popular projects and display APY and other details to help you quickly discover opportunities.

The DeFi product classification currently includes 7 modules: stablecoins, popular currencies, protocols, reward pools, V3 pools, liquid staking coins and points. You can enter the corresponding modules with one click and the classification is clear.

You can select the investment product you are interested in and view the product information details page, including historical return performance and other information. Even if you don’t have the corresponding underlying assets, you can use the one-click currency exchange function of DeFi products to exchange the coins in your wallet for the required assets and invest them. This completes the one-click investment operation, and even beginners can easily get started.

After investing, you can check the performance of the corresponding investment products in your holdings, manage the investment products, and track returns in real time.

In addition, if you hold BRC-20 assets, you can also participate in the pledge of BRC-20 assets, obtain pledge income, and let the assets sit and make money.

Conclusion

With the support of more than 80 chains, built-in DEX and DeFi tools, and the convenience of managing multi-chain assets with a set of mnemonics, OKX Ouyi Web3 Wallet has become the first choice for many experienced leeks to enter the Web3 world. Whether it is asset management, on-chain transactions or participating in DeFi, this wallet can provide a one-stop experience, saving time and effort.

**If you want to experience this powerful Web3 wallet and enjoy the top services of OKX exchange at the same time, don’t forget to register through our exclusive link to get a permanent 20% handling fee discount! If you don't cut the wool, you're really sorry for yourself. **

Register OKX now and start your Web3 journey:

• Secure registration link: https://www.lywebuuz.com/join/LULALA
• Exclusive invitation code: LULALA

Remind us again: The currency circle is deep, and choosing one of the world's top licensed exchanges like OKX is the first step to ensure the safety of your assets. Stay away from any "pheasant" platforms that advertise high returns, protect your principal, and play steadily to have the last laugh.

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