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CoinGape 2025-02-14 09:08:38

OKX Wallet announces partnership with Sui Network, allows access to Sui’s dApps

OKX Wallet announces partnership with Sui Network, allows access to Sui’s dApps

OKX Wallet, the non-custodial crypto wallet provided by one of the largest cryptocurrency exchanges in the world, announced on 12 Feb its strategic partnership with Sui Network, the layer-1 Blockchain. The integration will allow users to access Sui’s Decentralized applications directly from the OKX Wallet. OKX Wallet also mentioned in its X post that the partnership is aimed at bringing the masses onchain by providing seamless access and security for Sui assets. OKX’s integration with Sui Network also comes as its latest attempt at driving mass onchain adoption after it earlier tannounced that exSatNework and Bera Chain has also integrated OLX Wallet and vice-versa. Sui responded to the announcement by informing users to access exclusive rewards and join an invite-only Telegram group for builders besides being now able to manage all of their Sui assets via OKX Wallet. How users will benefit The partnership will allow OKX Wallet users to access and interact with Sui’a decentralized applications (dApps) such as DEX, NFT markets, and DeFi. The robust security features leveraged by OKX Wallet will provide a secure environment for Sui’s assets. The seamless multi-chain interaction will bring more flexibility for the users without a need to switch wallets or interfaces. Furthermore, users will also be able to make cross-chain transactions native swaps between assets from different networks. Sui, the Growing Blockchain The DeFi ecosystem is thriving on Sui, as developers are able to take advantage of the network’s high throughput and low-latency processing to build more advanced decentralized financial applications. Since Sui utilizes the Move programming language – designed for safety and flexibility – it makes it easy to develop complex dApps with secure and efficient smart contracts. Sui’s efficient transaction capabilities enable faster processing of trades, lending/borrowing, staking, and other DeFi activities. This latest integration may further provide boost to the network as Sui is quickly becoming a dominant blockchain in the Web3 space, with a growing ecosystem of decentralized applications (dApps), NFTs, and DeFi protocols. The post OKX Wallet announces partnership with Sui Network, allows access to Sui’s dApps appeared first on CoinGape .

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