OKX Launches OKX Pay for Seamless Crypto Transactions, a new platform integrated into the updated OKX app. This service enables instant, fee-free crypto transfers using stablecoins. This article explores OKX Pay’s crypto transfer features, its staking rewards system, and OKX’s collaboration with Mastercard.
OKX Pay’s Crypto Transfer Features
OKX Launches OKX Pay for Seamless Crypto Transactions on May 14, 2025, as announced by the exchange. The platform, embedded in the updated OKX app, allows users to send USDT and USDC via phone numbers with zero fees. OKX plans to add more stablecoins later. Transfers have no limits on amounts sent or received, subject to regulatory and risk compliance. Funds can be sent to individuals or groups, with private key management split between users and OKX for easier recovery if passwords are lost.
Staking Rewards and Accessibility
OKX Pay automatically uses funds for staking, offering a 5% annual yield (APY) on USDT and USDC deposits up to $10,000, without locking assets—users can withdraw anytime. Initially, OKX Pay is available in select countries, with a global rollout planned in the coming months. This staking rewards system adds passive income potential for users while maintaining flexibility.
OKX and Mastercard Collaboration
OKX is also partnering with Mastercard on an upcoming “OKX card,” per CoinDesk. This card will link crypto trading and Web3 activities to everyday spending, further bridging traditional finance and crypto. OKX Launches OKX Pay for Seamless Crypto Transactions, marking a step toward broader crypto adoption in daily financial activities.
