OKX Introduces ‘CCTP Cryptopedia Campaign’ with $50k Reward

OKX DEX and Circle Launch 'CCTP Cryptopedia Campaign' with 50,000 USDC prize pool

OKX, a leading Web3 technology company, and Circle Internet Financial (Circle), a global fintech firm and USDC issuer, today announced a new 'CCTP Cryptopedia Campaign,' which allows users who swap USDC across different blockchains on the OKX DEX agg

regator to be eligible for a share of a 50,000 USDC reward pool.

The 'CCTP Cryptopedia Campaign' coincides with the September 7, 2023, introduction of OKX DEX's new USDC cross-chain bridge.  Using Circle's Cross-Chain Transfer Protocol (CCTP), a permissionless on-chain utility that allows USDC to flow natively across different blockchains, the bridge enables seamless and secure USDC swaps across Ethereum, Avalanche, OP Mainnet and the Arbitrum with plans to expand support for more blockchains in the future. OKX DEX is one of the first decentralized exchange aggregators to provide cutting-edge cross-chain USDC swaps using Circle's CCTP across these four blockchains.

Participants in the 'CCTP Cryptopedia Campaign' will be eligible to win a portion of the 50,000 USDC prize pool by conducting cross-chain swaps of 10 USDC or more via the OKX DEX between January 16, 2024 at 4:00 AM UTC and February 4, 2024 at 3:59 PM UTC. To participate in the 'CCTP Cryptopedia Campaign,' users may go to OKX Wallet's Discover tab within the OKX app, choose Cryptopedia, OKX's learn-to-earn crypto education platform, and complete the 'quest' of conducting a cross-chain USDC exchange with 'Circle' as the trading method. Users should then press 'Verify' after finishing the quest to confirm their involvement in the campaign.

OKX Chief Innovation Officer Jason Lau stated, "Cross-chain stablecoin swaps are one of the most common transactions for Web3 ecosystem users." Users currently rely on OKX DEX for its robust token-to-token and cross-chain trading capabilities. We hope that this promotion will inspire more consumers to enjoy smooth USDC exchanges acs many blockchains on OKX DEX. We are looking forward to watching the reaction and increasing support for USDC swaps on other chains."

OKX also contains the OKX wallet which is the world's most powerful, secure, and adaptable cryptocurrency wallet, granting customers access to over 80 blockchains while enabling them to keep control of their cash. The wallet incorporates MPC technology, which enables users to easily recover access to their wallet independently, eliminating the need for traditional, 'written down' seed words. Furthermore, OKX Wallet's account abstraction-powered Smart Account allows users to pay for transactions across several blockchains using USDC or USDT, and engage with many contracts in a single transaction.