SAO PAULO, July 24, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company and crypto exchange, today announced the launch of Jumpstart on its localized platform for Brazilian users. Jumpstart provides a trusted, secure gateway for Brazilian crypto enthusiasts to access new token rewards and participate in carefully selected blockchain projects.
Jumpstart offers Brazilian users the opportunity to participate through a process called mining. With this model, users can stake popular cryptocurrencies such as BTC, ETH, USDT and others to earn new token rewards from new projects. During the mining period, these staked assets remain securely held on the OKX platform, with users retaining full ownership and the ability to withdraw once the mining period concludes.
OKX Brazil General Manager Guilherme Sacamone said: "Jumpstart’s innovative approach benefits everyone involved – users can diversify their portfolios, projects gain exposure to a wider audience and OKX continues to foster innovation in Brazil's crypto ecosystem. It's a testament to our commitment to providing accessible, cutting-edge crypto services to the Brazilian market."
Key features of Jumpstart include:
- Curated Projects: Finding new and promising crypto projects can be challenging for regular users. With Jumpstart, OKX specialists analyze projects, providing users with curated information about potential opportunities
- Staking Existing Assets: Users can participate in staking popular tokens they already hold (BTC, ETH, USDT), qualifying them to receive additional tokens through the Jumpstart program
- Seamless Trading: Trade effortlessly via the exchange once the mining period ends.
To participate in Jumpstart events, users need an OKX account with completed identity verification and must hold a specified amount of required cryptocurrency for staking. OKX will announce new Jumpstart projects regularly, with advance notifications to allow users to prepare for participation.
The addition of Jumpstart further enhances the comprehensive suite of services available to Brazilian users, including the OKX crypto exchange, Web3 wallet and Brazilian Real on-ramp capabilities. This reinforces OKX's position as a leading crypto platform in the country, serving over 50 million clients worldwide. OKX recently released its 20th consecutive Proof of Reserves report, demonstrating USD22.4 Billion in primary assets backing customer funds, underlining its commitment to transparency and security.
Learn more at https://www.okx.com/landingpage/brazil-jumpstart-airdrop
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world's most powerful, secure and interoperable crypto wallet which gives users access to over 100 blockchains while enabling them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet without the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange aggregator of 490+ other DEXs and 20+ bridges, with 500,000+ tokens and more than 30+ blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and staking on 100+ protocols across more than 20 chains.
- OKX Explorer: A leading blockchain search engine and Web3 analytics platform providing extensive coverage of over 44 public chains, as well as comprehensive on-chain data and developer tools.
OKX partners with a number of the world's top brands and athletes, including Manchester City FC, McLaren Racing and The Tribeca Festival.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com/pt-br
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circumstances.
