OKX expands the Web3 ecosystem with Beefy and Synthetix integrations and introduces Dip Sniper and Peak Sniper trading tools

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VICTORIA, Seychelles, Feb. 24, 2023 (GLOBE NEWSWIRE) — OKX, the world’s leading cryptocurrency platform, released updates for the week of February 20, 2023.

OKX Web3 Wallet integrates with Beefy and Synthetix protocolsOKX has further expanded its Web3 ecosystem by integrating the Beefy Yield and Synthetix DeFi protocols with the OKX Web3 wallet. The OKX Wallet web extension is fully integrated with the Beefy and Synthetix platforms, giving users a better and easier way to manage their assets on these platforms.

Beefy is a decentralized multichain yield optimization platform that allows users to earn compound interest on their crypto. Through a series of investment strategies secured and enforced by smart contracts, Beefy automatically maximizes rewards from various liquidity pools, automated market making projects, and other yield farming opportunities in the DeFi ecosystem.

Synthetix is ​​an Ethereum-based synthetic asset issuance protocol. Analogous to derivatives in legacy finance, synthetic assets are financial instruments that track and provide returns on another asset without you having to own that asset.

OKX introduces Dip Sniper and Peak Sniper trading toolsOKX has also launched its Dip Sniper and Peak Sniper trading tools, which allow users to buy assets at discounted rates and sell them at a premium.

Dip Sniper can be found under Trading Bots in the OKX app and allows users to fill part of their buy order at a lower price, even if the asset actually doesn’t reach that price. Conversely, Peak Sniper allows them to fill part of their sell order at the desired price even if the asset does not reach that price.

Find out more about Dip and Peak Sniper on OKX Twitter.

For more information please contact:[email protected]

About OKX

OKX is one of the world’s leading technology companies, building the future of Web3. Known as the fastest and most reliable crypto trading platform for investors and professional traders around the world, OKX crypto exchange is the second largest in the world by trading volume.

Among OKX’s leading self-custody solutions is the Web3-compatible OKX Wallet, which gives users greater control over their wealth while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX works with a range of the world’s best brands and athletes including: English Premier League champions Manchester City FC, McLaren Formula 1, Tribeca Festival, golfer Ian Poulter, Olympian Scotty James and F1 driver Daniel Ricciardo.

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

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

Source: OKX

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