The move provides a streamlined and compliant pathway for sophisticated investors to earn yields on major digital assets, reinforcing the exchange's commitment to the strictly regulated Singaporean market.
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| Photo by appshunter.io on Unsplash |
SINGAPORE – Global
cryptocurrency exchange OKX has officially launched its On-chain Earn
product in Singapore, offering Accredited Investors a regulated and
simplified way to participate in staking for leading digital assets like
Ethereum, Solana, and Cardano.
The new service is designed to remove technical
barriers for investors, allowing them to manage staking activities directly on
the OKX SG platform without the need for multiple wallets or complex
procedures. The exchange emphasized that the product is built on a foundation
of robust security, regulatory compliance, and a competitive fee
structure.
For Ethereum staking, OKX SG has set a low
entry threshold of just 0.001 ETH, aiming to make it accessible to a broader
range of qualified investors. The company stated that its fees are among the
lowest in the industry and are transparently included in the advertised Annual
Percentage Yield (APY), with no artificial caps or hidden charges. The
platform's infrastructure is certified under ISO/IEC 27001:2022 and CSA
STAR Level 1 standards, ensuring institutional-grade security.
“We designed On-chain Earn to let Accredited
Investors manage staking portfolios securely and with full compliance,” an
OKX spokesperson said. The exchange highlighted its competitive edge over
providers that reportedly charge up to 35% in hidden fees.
Beyond Ethereum, the service includes staking
options for other major tokens such as Solana (SOL), Cardano (ADA), Polkadot
(DOT), and SUI. To further streamline the user experience for local clients,
the platform integrates with Singapore’s national identity system via Singpass
for verification and utilizes its existing SGD rails for fast and
efficient deposits and withdrawals.
The launch marks the first anniversary of OKX
SG operating as a licensed exchange in the city-state. The move is seen
as a strategic expansion in a market that has recently tightened its regulatory
grip, forcing several unlicensed exchanges to cease operations. By building out
its compliant product suite, OKX is positioning itself as a trusted platform
for investors seeking secure exposure to the growing digital asset
economy.
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