Flash News: OKX Lists Arbitrum and OKX Wallet Launches a 100,000 USDT Arbitrum Extravaganza Campaign

• OKX to list Arbitrum (ARB) for Spot and Perpetual Trading
  
• Users who Try Arbitrum Network with OKX Wallet will be eligible for a share of airdrops, rebates and giveaways worth 100,000 USDT

VICTORIA, Seychelles, March 20, 2023 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued updates for the week of March 20, 2023.

OKX lists Arbitrum (ARB) for Spot and Perpetual Trading
OKX is pleased to announce the listing of Arbitrum (ARB) on our spot and perpetual trading markets.

Arbitrum is a technology suite designed to scale Ethereum. This Layer 2 blockchain uses rollups to combine multiple transactions into one, lowering on-chain transaction costs and boosting scalability. This allows Arbitrum to achieve up to 40,000 transactions per second at a significantly lower gas cost compared to the Ethereum blockchain, which only allows about 20-40 transactions per second.

ARB deposits open at 04:00 am UTC on Mar. 22

OKX Offers Three Arbitrum Benefit Opportunities
OKX is excited to announce that its users will be able to claim three Arbitrum rewards including an airdrop, gas discounts and giveaways for making trades on the Arbitrum network, during the Arbitrum Extravaganza Campaign starting on March 23rd.

To participate in the 100,000 USDT Arbitrum airdrop pool, OKX Wallet users will have to claim the airdrop and complete at least one interaction on the Arbitrum network using the address that claimed it within 72 hours.

In addition, OKX will grant 100% gas fees for cross-chain transfers (one transaction per address per day, with a maximum subsidy of 20 USDT per transaction), and gas fees will be fully refunded for the first three transactions made each day using OKX Wallet on the Arbitrum network until March 29 at 02:00PM UTC.

Last, OKX will perform three draws to select 100 winners who will receive $50 worth of USDT each for using OKX Wallet to trade on the Arbitrum network. The prize for each campaign will be distributed to the user's Arbitrum address within 14 days after the campaign ends.

Please visit this page to learn more about the Arbitrum Extravaganza Campaign.

For further information, please contact:
[email protected]

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com