Crypto Exchange Okx brings its latest yield product, OnChain Aen, to Singapore. It offers city-state certified investors a streamlined way to acquire and earn digital assets through regulated platforms.
This comes amid a sudden crackdown on unlicensed crypto exchanges in Singapore. Companies serving clients overseas have forced shutdowns or relocations. However, the digital asset market has recently touched on new highs, and signs of blinking bull run continued after a minor outage.
Certified investors are considering increasing the value of their digital assets, but found no time to track charts, manage multiple wallets, or search for opportunities across the blockchain. On-chain acquisition allows users to directly manage their entire staking portfolio with OKX SG.
Service bundles are a permanent staking opportunity for major tokens. These include Ethereum (Eth), Solana (Sol), Cardano (ADA), Polkadot (DOT), SUI, and more. It aims to reduce the need for multiple wallets and complex technical procedures. Many crypto users have not been able to capitalize recent ether runs to more than $4,700. This new feature will help certified investors not to overlook the next one.
Based on Cryptoplitan’s Ethereum analysis, ETH has skyrocketed by around 60% over the past 90 days. Meanwhile, the fresh slump has allowed the retail and institutional divisions to be added more. Eth’s self-aware competitor, Solana, is also looking for the ground it holds before it takes off.
okx sg press low Fee Apy
According to OKX, its offering comes with the lowest service fees in the industry, all built into a competitive APY structure. Unlike some providers who charge as much as 35% or charge hidden layers. He added that the platform works without an artificial cap and allows staking at a low minimum of 0.001 ETH.
The onboarding process is simple as investors can verify their status via SingPass and complete a quick risk assessment before they begin. OKX emphasized that security is at the heart of the new feature. On-chain acquisition run on agency-grade infrastructure, backed by ISO/IEC 27001:2022 and CSA Star Level 1 certification. As an authorized exchange, OKX SG says its services are fully compliant with Singapore’s regulatory requirements.
The crackdown on cryptocurrency in Singapore appears to have made it difficult for Hodler to invest in the industry, as previously reported by Cryptopolitan. OKX SG is celebrating its first anniversary as a license exchange with launch. Over the past year, the exchange has expanded its SGD payment rails, making deposits and withdrawals faster. The platform has grown token offerings to over 90 assets associated with local investors. We have introduced features such as repeat purchases and trading bots, and identity verification via SingPass.
