As a team at Oxlabs, we are constantly laying foundation and improving OX Wallet to become a more effective and lucrative tool for every crypto lover. Our aim is to make it easy for users to keep all their virtual items in one place while also availing a host of related blockchain services, besides the enhanced new features to further enhance your crypto experience. Today, we’re thrilled to announce an exciting upcoming update to OX Wallet: the new enhancement that the DApps Explorer will be incorporated into it.
What’s New in OX Wallet Update.?
The incorporation of the new innovation known as the DApps Explorer contributes significantly to the development of OX Wallet. With this feature, users will be able to get connected with a huge array of DApps in multiple areas of blockchain services. You may be an experienced Crypto user or a beginner – the DApps Explorer will take you directly and conveniently to blockchain-based services that you may have used before.
Gaining Blockchain Services in your Hand
The DApps Explorer for OX wallets will introduce into the wallet numerous services based on blockchain systems. These services allow the user to get connected with decentralized finance (DeFi) platforms, to handle his/her assets better and even to invest in entertainment forms and other emerging forms of investment.
Here’s a look at some of the exciting features you can expect:
Mini Games: Mini-games are already available in the world of blockchain games and soon you will be able to try many of them right in your OX Wallet. These games, being built on blockchain, let users have fun in the crypto sphere and can earn money at the same time.
Lending and Borrowing: The old way of having to search for lending platforms where they can put their assets out for lending or borrow against them will be replaced by the DApps Explorer. This characteristic creates new ways of generating income by wanting or having access to liquidity without having to trade the investment.
Margin Trading: In addition, for those users who are more familiar with the terminal, it will bring out margin trading option and more. Through leverage this service enables users to trade in the market and this poses greater opportunities for the users risksinclusive. Being able to trade with margin directly from the wallet is convenient in helping traders who wish to capitalize on given market movements.
The Blockchain Upgrade
During this update, there are plans to enhance the blockchain that underlies OX Wallet so as to enable realization of these features. The upgrade has not been easy but our team has done all within its power to allow every user a better experience from it. This is because the new upgrade of the blockchain platform offers greater security, enhanced proficiency in the number of transactions and swifter fulfilment of DApp myriad operations.
Using the current most advanced blockchain solutions, the OX Wallet service will guarantee users an easy, fast, and secure connection without compromising the quality of services provided irrespective of the type of service involved. Irrespective of your reason whether it is staking crypto, lending, or margin trading, your digital assets will always be safe in a stable place.
Why is Staking Cryptos Important?
Another part of the blockchain process that will be further promoted within the context of the OX Wallet update is crypto staking. Staking is a way to freeze the funds on the network and participate in consensus algorithms for their further reward. As the new features appear on OX Wallet staking will be less complicated and more convenient, telling that it is a great opportunity for the users to boost their experience in managing their cryptos.
Crypto staking will not only be specified for the users of the wallet, but rather be incorporated with the lending and borrowing features. In other words, investing in staking in the wallet can always provide extra passive income which can be used in lending, trading on the margin or reinvestment of other services in the blockchain.
User-Friendliness at Its Core
Despite changes made to the app, one can say that simple and comfortable design has always been one of the features of OX Wallet. The integration of the DApps Explorer to the in-depth exploration of decentralized applications will give users an easy to use interface which is clean and simple. No matter if you’re playing games, trading or lending, you will be helped with the interface which provides easy instructions.
Also, the wallet will remain focused on the aspect of security as one of the core benefits of having a wallet with cryptocurrencies associated with it. Previously, with the addition of lending and margin trading features it becomes crucial to make sure that the user’s assets are secure. To enhance the privacy of the keys, transactions and your digital coins, OX Wallet employs the best security measures that are obtainable out there.
A Vision for the Future
They are integrating DApps and the block chain upgrade with OX Wallet and this is just the start of what we want to do. At Okcoin, our goal is to provide our users with a home where they get more than just the ability to interact with decentralized applications, but a set of services which will open the door to a new paradigm even in the crypto industry. In future developments, OX Wallet will grow as everything related to blockchain, catering for all the needs of new and experienced users in this emerging market.
Please expect more information in the future as we continue to develop these new features that we intend to introduce to you. Meanwhile, if you have not done so, get OX Wallet on Android now and dive into decentralized finance tomorrow!
For more on this, see the website www.oxchanger.com