OKX Wallet Announcement on Ethereum’s Merge Update-OKX Tutorial

Dear OKX users:

According to the announcement of Ethereum Foundation, the merge of Ethereum is expected to occur on September 15, 2022 (UTC). At that time, the Ethereum proof of work (PoW) chain will be abolished, and the execution layer will be merged into the Ethereum network with proof of stake (PoS) consensus mechanism to complete the merge.

OKX Wallet will support the forked tokens that may arise from the Ethereum’s merge. To get the forked ETHW tokens, you can deposit the Ethereum tokens to OKX Wallet in advance. If the fork succeeds, your existing Ethereum tokens will remain and switch to ETH PoS after the Merge upgrade. The forked ETHW tokens will be added to your wallet automatically with the equivalent Ethereum tokens amount before the fork, including the native token of ETHW, other tokens, NFTs, etc.

OKX Wallet will provide services as follows:

OKX Wallet will support viewing and managing all assets on the ETHW chain:

Assets include: ETHW native token, tokens following ETHW’s protocol, NFTs, and credential tokens of various DeFi protocols.

Supported features: sending and receiving tokens and NFTs, token management.

Expected time: September 15, 2022 (UTC), within 12 hours after the completion of the fork. Once the ETHW network has been examined and its performance tested, the display for ETHW chain assets will be available.

Support asset trading on ETHW chain

Supported features: support single-chain swap on the ETHW chain.

Expected time: September 16, 2022 (UTC), within 24 hours after the completion of the fork. Once the ETHW network has been examined and its performance tested, the transaction for ETHW chain assets will be available.

Support NFT display on ETHW chain

Supported features: displaying NFTs on the ETHW chain. Please note that OKX does not yet support transactions of NFTs on the ETHW chain.

OKX Wallet will continue to provide you with better products and services!

OKX

September 5, 2022 (UTC)

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Step 1: Log in to your OKX account
Before you can start buying or selling cryptocurrency on OKX, you must first log in to your OKX account. If you do not yet have an account, click Sign up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKX account, click Buy Crypto in the upper left-hand corner of the screen to get started.
Step 3: Select your purchasing method
The next step is to choose how you would like to buy or sell . There are two primary options on OKX: Express and P2P trade.