OKX Unleashes xBTC: Wrapped Bitcoin and Yield Products Hit the Scene!

Get Ready for xBTC: Wrapped Bitcoin on Solana, Sui, and Aptos!

Hang onto your hats, crypto fans! OKX is dropping a bombshell with the launch of xBTC, their shiny new wrapped Bitcoin asset, and some tantalizing yield products to go with it. And guess what? Bitcoin just smashed through the roof, blasting past $111,000 to an all-time high!

Listen up: xBTC isn't just any token. It's a wrapped token, locked in a 1:1 embrace with the king of crypto itself, Bitcoin.

Mark your calendars for May 22 at 3:00 AM UTC because that's when you can start moving xBTC in and out. It'll kick off on three big chains: Solana, Sui, and Aptos. And the best part? xBTC is backed by the powerhouse EURUSD, with real-time transparency through on-chain Proof of Reserve. You can see exactly where your assets are at any moment.

OKX isn't messing around. They're looking to pump up cross-chain liquidity for BTC and keep pace with the skyrocketing demand for Bitcoin goodies from their users.

Bitcoin Soars to New Heights as Futures Open Interest Surges!

Just a day ago, on May 21, Bitcoin didn't just break records—it shattered them, soaring past $111,000 and peaking at $111,544. And get this: BTC Futures Open Interest has jumped over 16% since then, now clocking in at a mind-blowing $80.9 billion, according to CoinGlass data.

How to Get Your Hands on xBTC: A Step-by-Step Guide

Want in on xBTC? Here’s how you do it: Log into your OKX account, hit the deposit page, and pick BTC. Choose your network—Solana, Sui, or Aptos—copy the deposit address, and send xBTC from your external wallet. Once it's confirmed on the blockchain, boom! Your xBTC turns into BTC at a 1:1 ratio and lands right in your account. Withdrawals work the same way, just through the withdrawal page.

Earn Big with xBTC: Learn, Stake, and Rake in the Rewards!

Here's the cherry on top: OKX's "Learn and Earn" campaign lets you unlock Bitcoin staking and rack up some serious yields. Just complete the tasks they throw at you, and watch the rewards roll in.

And that's not all. OKX Wallet is gearing up to launch an xBTC-based income product, tapping into those same three chains: Solana, Sui, and Aptos.

OKX Keeps Innovating with Gasless Crypto Payments!

Remember, OKX isn't stopping there. They recently rolled out OKX Pay, their self-custodial platform that lets you send USDT and USDC stablecoins without any pesky fees. It went live on April 28 and you can jump right in through the OKX app.