Alisa Davidson
Printed: June 15, 2026 at 4:17 am Up to date: June 15, 2026 at 4:17 am
Edited and fact-checked:
June 15, 2026 at 4:17 am
In Temporary
OKX Australia launches OKX Pay, enabling prompt transfers and stablecoin funds with USDG rewards of 4% to 10% for VIP customers.
OKX Australia has launched OKX Pay, a funds pockets built-in into the present OKX software that allows customers to ship and obtain funds immediately whereas incomes rewards on eligible USDG holdings. The service permits peer-to-peer transfers with out requiring conventional banking particulars comparable to account numbers or BSB codes.
Embedded straight throughout the OKX app, the brand new characteristic offers entry to funds, digital asset holdings, and buying and selling providers by way of a single platform. Customers can transact utilizing USDG, USDT, USDC, and Australian dollar-denominated stablecoins AUDM and AUDF. Reward charges on USDG start at 4% for normal customers, topic to a stability cap of $10,000, and enhance to as a lot as 10% for patrons holding VIP 3 standing or increased. Current digital asset holdings on OKX might already qualify some customers for VIP advantages, relying on eligibility necessities.
The launch eliminates the necessity for a separate funds software or onboarding course of, permitting clients to maneuver between funds and buying and selling features throughout the similar ecosystem. Customers who qualify for VIP standing can also acquire entry to enhanced rewards and cashback constructions linked to the platform.
“Cash ought to transfer as rapidly because the web. Stablecoins have the potential to modernise how Australians spend and switch worth, however till now the expertise has been fragmented,” stated OKX Australia CEO Kate Cooper in a written assertion. “With OKX Pay, clients can maintain Australian greenback and US greenback stablecoins, earn rewards on eligible balances, and ship cash immediately, all from a single app. We’re making the advantages of stablecoins sensible, accessible and rewarding for on a regular basis Australians,” she added.
OKX Expands Funds Ecosystem With Upcoming Card Launch
The corporate has additionally opened a waitlist for the upcoming OKX Card, which is predicted to launch in Australia within the coming weeks. The digital Mastercard, appropriate with Apple Pay and Google Pay, is designed to increase OKX Pay performance to on a regular basis purchases. Cashback rewards will begin at 2% for normal customers and rise to five% for VIP 3 members and above on eligible transactions, with month-to-month limits various in accordance with membership tier.
In line with the corporate, the cardboard is meant to permit current OKX clients to make use of digital asset balances for every day spending whereas remaining throughout the similar platform and retaining entry to related rewards packages.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of crypto, AI, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa, a devoted journalist on the MPost, makes a speciality of crypto, AI, investments, and the expansive realm of Web3. With a eager eye for rising tendencies and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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