OKX Launches Self-Custody OKX Pay with Zero Fees, Partners with Mastercard

OKX has launched OKX Pay, a new self-custody crypto payment application designed to bridge the gap between cryptocurrency and everyday payments. The platform offers zero fees, instant stablecoin transfers, including USDT, and automatic daily rewards, aiming to provide a seamless and secure payment experience. OKX Pay supports features similar to traditional payment apps, including direct payments to contacts, sending and receiving red packets, and group chat functionality. Future integrations with payment service providers like Mastercard and Stripe are planned, potentially allowing users to make purchases directly with cryptocurrency. The application also offers a 5% annual yield on balances. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant