OKX Web3 Wallet: The Complete Guide – Earn with DeFi and NFT!
Following the "DeFi Summer" of 2020 and the "NFT Summer" of 2021, as well as the "GameFi wave," the decentralized world built on blockchain rose rapidly, with remarkable wealth-creation effects.
However, across different blockchain networks, user assets are scattered and difficult to view and manage. Meanwhile, the explosive growth of NFT drove up Gas fees , keeping most users out. Is there really an aggregated entry point that not only allows users to enter the decentralized world with low barriers but also efficiently manage their own assets?
The answer is yes. Web3 wallets aim to provide users within the decentralized ecosystem with a complete and powerful one-stop service, enabling deep participation in the construction of the decentralized ecosystem.
Specifically, Web3 wallets consist of three parts: the Assets dashboard, NFT Marketplace, and Discover feed. The Assets dashboard provides multi-chain, multi-wallet , and multi-asset management, allowing users to track asset portfolios across different public chains and DeFi protocols on a single interface. The NFT Marketplace offers one-stop NFT asset services, allowing users to participate in NFT trading across primary and secondary markets, while providing various innovative features and flexible play modes. The Discover feed provides relevant information on DeFi sections such as DApps and chain games. So, how can users experience and participate?
Below, we present a detailed OKX Web3 Wallet participation tutorial:
I. How to Use the Web3 Wallet
Before participating in the Web3 wallet, you first need to connect a Web3 wallet. Web3 wallets are browser-based digital asset management tools that allow users to directly authorize through the wallet to participate in DeFi and NFT projects on the market. OKX Web3 Wallet supports viewing assets, transferring and receiving funds, connecting to and authorizing DApps, and adding or switching networks.
As a foundational infrastructure of the DeFi ecosystem, OKX Web3 Wallet upholds the goal of decentralization, with users themselves managing private keys and assets. It supports OKTC, Ethereum, Polygon, Fantom, BSC, HECO, and many other blockchain networks. In the future, it will support instant transfers between exchanges and wallets, integrating more seamlessly into the OKTC ecosystem.
So, how do you create and connect a Web3 wallet? You can follow these steps:
1. Download and Creation
1) Create a wallet in the App
Log in to the OKX App, select 【Web3 Wallet】 at the top of the homepage, click 【Create Wallet】, enter and confirm your password in the 【Set Password】 popup, and the wallet will be created successfully.
On the wallet homepage, back up the wallet's recovery phrase and verify it, and you are ready to use it.
2) Connect Wallet on Web
- Install the wallet browser extension
Log in to the OKX official website using Google Chrome, click the top 【Web3 Wallet】 tab, click 【Connect Wallet】 – select 【OKX Web3 Wallet】, and click 【Download Extension】.
Download the 【OKX Web3 Wallet】 extension, click 【Create Wallet】 in the extension popup, and complete the 【Create Password】;
Also back up your recovery phrase as prompted, click 【Backup Now】, 【I Have Backed Up】, and verify your recovery phrase.
After completion, the wallet homepage with assets will be displayed. Return to the official website homepage, click 【Web3 Wallet】, and in the wallet connection popup, click 【OKX Web3 Wallet】 to open the 【Connect Account】 page, click 【Connect】, and you can connect to the created wallet and enter the Web3 world.
- Scan QR code to connect on App
Additionally, if you have already created a Web3 wallet on the App, click 【OKX App】 in 【Scan to Connect】, and in the OKX App, click the scan icon in the top left of Web3 Wallet to scan the 【OKX App QR code】 popup in Google Chrome, confirm the connection, and you can enter the Web3 wallet homepage on the web.
2. How to Transfer Assets to the Web3 Wallet?
Click 【Receive】, select the token to deposit, and a receiving address will be displayed. Copy the address and paste it into the withdrawal interface of other platforms or wallets, and you can successfully deposit digital assets into the Web3 wallet.
II. How to Navigate the NFT Marketplace
(1) How to Buy NFTs on the Trading Market?
The NFT Marketplace under OKX Web3 Wallet is a one-stop trading platform dedicated to the NFT sector. Currently, it supports NFT assets on Ethereum, OKTC, BSC, Polygon, and Avalanche. You can browse current NFT works on the market and participate in trading .
1. Log in to the OKX official website, click the top navigation bar 【Web3 Wallet】——【NFT Marketplace】——【Market】, where you can select NFT collections to browse NFTs within them, or use the search function to find specific NFTs.
2. Two scenarios may occur during purchase:
(1) If the NFT page shows 【Place Bid】.
Click 【Place Bid】, connect your wallet, then enter the price you are willing to pay for this NFT and the expiration time.
- If the seller accepts your trade within your selected expiration time, you will successfully purchase this NFT;
- If the expiration time you selected ends and the seller has not accepted your trade, your bid order will be automatically cancelled.
(2) If the NFT page shows 【Buy】, you can purchase directly at the displayed price.
- If you feel the displayed price is too high and want to buy at a lower price, you can select 【Place Bid】 to negotiate with the seller. Similarly, enter the number of NFTs you want to purchase, the unit price, and select the expiration time, then click 【Place Bid】.
- If the seller accepts your trade within your selected expiration time, you will successfully purchase this NFT;
- If the expiration time you selected ends and the seller has not accepted your trade, your bid order will be automatically cancelled.
- If another buyer purchases this NFT at the listed price during your selected expiration time, your bid order will also be automatically cancelled.
3. After placing a bid, you can click 【Orders】——【Bid List】——【My Bids】 to view all your bids. If you no longer wish to make a purchase, you can click the 【Cancel】 button next to the corresponding NFT to cancel your order.
4. Successfully purchased NFTs can be viewed under 【My Transactions】.
Note:
1. Since ETH is an ERC-20 token that cannot interact with contracts, you need to use WETH for trading.
2. The on-chain transaction fee incurred during trading varies each time, and the specific fee depends on the current network's Gas price.
(2) How to Create Your Own NFT?
1. Log in to the OKX official website, click the top navigation bar 【Web3 Wallet】——【NFT Marketplace】——【Hot】——【Create NFT】.
2. Select the file type, upload your NFT work, and name and describe your work. You can set the royalty percentage you will receive from each trade. Once set, click 【Create】.
3. Uploading an NFT work requires paying a fee (the specific fee depends on the current network's Gas price). Click 【Confirm】 to pay. After payment is complete, the NFT is created. You can click 【Assets Dashboard】——【NFT】 to view your NFT work.
(3) How to Sell NFTs You Hold?
1. Log in to the OKX official website, click the top navigation bar 【Web3 Wallet】——【Assets Dashboard】——【NFT】, and select and click the NFT you want to sell. (If you do not have an NFT to sell, please create your own NFT)
2. On the NFT detail page, click 【Sell】. If this is your first time listing an NFT, you need to initialize your account and complete authorization first, and you only need to pay a one-time Gas fee for this initial use.
5. In the popup, you can set the price and quantity of the item, and confirm to list it. Successfully listed NFTs can be viewed in the Orders center under 【My Listings】.
6. If you want to modify the price and quantity information of the listed NFT, click 【Edit】 on the NFT detail page, modify the relevant information in the popup, and confirm.
Note: The price you modify cannot be higher than the current listing price (if you want to sell at a higher price, you need to 【Cancel Listing】 first and then re-list the item)
(4) How to Participate in Primary Issuance NFT Sales?
The primary issuance market showcases NFT products first released by current artists, creators, celebrities, and other notable figures. You can browse and purchase them.
1. Log in to the OKX official website, click the top navigation bar 【Web3 Wallet】——【NFT Marketplace】——【Issuance/IGO】.
2. Select the NFT collection on sale and click 【View More】. You can view detailed information on each NFT in the collection, including the chain it belongs to, NFT contract address, total supply, and more. Click 【Buy Now】 to purchase, then complete the payment on the Web3 wallet extension.
3. NFTs successfully purchased can be viewed under 【Assets Dashboard】——【NFT】.
III. Explore More Decentralized Applications
Through the Web3 wallet, you can participate in DApps on various public chains. Below, we use DeFi projects on OKTC as an example.
1. Connect Wallet and Participate in Projects
Go to the OKX official website, select 【Web3 Wallet】 in the upper left corner of the page, click 【Discover】, and scroll down to see the list of available projects. You can select 【DeFi】 and the 【OKTC】 public chain to discover quality projects. You can also directly enter the project name or URL in the top search box to participate in a project.
2. View DeFi Mining Returns
Through the Web3 wallet's Assets dashboard, you can track all your asset portfolios across different protocols on multiple public chains, including tokens, DeFi mining returns, NFT collections, and more. Everything at a glance—no more constantly switching between multiple applications.
IV. How to Trade in the Web3 Wallet
The trading function under Web3 wallet aims to provide users with one-stop multi-chain aggregated trading services. Through intelligent routing algorithms, it automatically calculates the optimal trading path and trade size splits to help users achieve the best execution prices.
In simple terms, the Web3 wallet's trading page is a DEX (a blockchain-based decentralized exchange). Unlike centralized exchanges (CEX), a DEX does not store user funds and personal data on centralized servers. Instead, it uses smart contracts on the underlying public chain to custody user assets, and the trade matching and settlement processes are entirely conducted on-chain. Market makers provide liquidity through automated algorithmic trading, and traders interact directly with smart contracts. At the same time, the Web3 wallet's 【Trading】 product is also a DEX aggregator. It can automatically calculate the optimal trading path and trade size splits, aiming to help users automatically calculate all possibilities to maximize better exchange rates, lower Gas fees, and smaller slippage.
1,How to Use the Web3 Wallet Trading **?**
Here we use the App as an example:
(1) Go to the 【Web3 Wallet】-【Trading】 page.
(2) Select token to trigger price inquiry
Under the 「Payment」 and 「Receive」 sections, you can select the token you want to trade from the dropdown list and enter the amount, which will trigger a price inquiry and allow you to view trading details.
Or after selecting the 「Payment」 token, you can click the 「Max」 button in the upper right corner to instantly enter the maximum tradable token amount to initiate a price inquiry. (Note: When 「Payment」 token is OKT, the system will automatically reserve some OKTC from your balance as Gas fees to ensure smooth trading.) In the token selection dropdown, you can enter the token name or contract address in the search box above to search for tokens.
(3) You can also separately set the miner fee, slippage limit, and intelligent routing.
Additionally, for tokens that have not been authorized or have insufficient authorization limits, you must first click the 「Authorize」 button to submit an authorization request. After confirming and completing the authorization in the wallet, you can proceed with the next trade.
(4) After the price inquiry is complete and authorization is done, you can click the 「Swap」 button to initiate the trade, then confirm the trade information in the secondary popup, click the 「Confirm Swap」 button, and confirm in the wallet to complete the trade. Also, if the trade price changes during this process, you must click the 「Accept」 button in the secondary popup to accept the new quote, then click 「Confirm Swap」 and confirm in the wallet to complete the trade.
Disclaimer
This article may contain product-related content that does not apply to your region. This article is only dedicated to providing general information and is not responsible for any factual errors or omissions. This article represents the author's personal views only and does not represent the views of OKX. This article is not intended to provide any advice, including but not limited to: (i) investment advice or investment recommendations; (ii) offers or solicitations to buy, sell, or hold digital assets; or (iii) financial, accounting, legal, or tax advice. Holdings in digital assets (including stablecoins) involve high risk and may fluctuate significantly or even become worthless. You should carefully consider whether trading or holding digital assets is appropriate for you based on your financial situation. For questions about your specific circumstances, please consult your legal/tax/investment professionals. The information in this article (including market data and statistical information, if any) is for general reference only. Although we have taken all reasonable precautions in preparing this data and these charts, we assume no responsibility for any factual errors or omissions expressed herein. © 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less may be used, provided that such use is non-commercial in nature. Any reproduction or distribution of the full article must prominently state: "This article is copyrighted © 2025 OKX, used with permission." Permitted excerpts must cite the article title and include attribution, for example, "Article title, [author name (if applicable)], © 2025 OKX". Portions of this content may have been generated or assisted by artificial intelligence (AI) tools. Derivative works and other uses of this article are not permitted.
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