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We've Launched 'Meme Mode' for Instant, Self-Custodial Memecoin Swaps

  • Users can now instantly swap Solana-based memecoins by selecting preset amounts - such as 0.5, 1, 2 or 5 SOL - saving time and simplifying the trading process

  • The launch of 'Meme Mode' comes amid significant growth in the Solana memecoin market, which now has a total market cap exceeding $9 billion

Today, we're happy to announce the launch of 'Meme Mode,' a new feature on our OKX Wallet. This feature enables users to buy and sell Solana-based memecoins more intuitively and quickly by selecting preset amounts of SOL when swapping memecoins via third-party DEXs on our OKX Wallet.

The launch of 'Meme Mode' comes amid significant growth in the Solana memecoin market, which now has a total market cap exceeding $9 billion - highlighting the potential impact of the new feature on the Solana memecoin trading experience. Previously, users had to manually input the amount of tokens they wanted to swap. With the new feature, users can now swap memecoins by selecting preset amounts - such as 0.5, 1, 2 or 5 SOL - saving time and simplifying the trading process.

This announcement comes after several recent enhancements to our OKX Wallet; earlier this year, we became the first major industry player to fully integrate Uniswap Labs' trading APIs into our offerings. This integration included the launch of the 'Snap' trading mode feature on our OKX Wallet, aggregating Uniswap’s industry-leading liquidity to enable gas-free swaps. Additionally, as an aggregator of nearly 500 other DEXs and approximately 20 bridges, our OKX Wallet offers traders the following benefits:

  • Discover tokens on any chain: Find the newest tokens from Solana, Ethereum, Base and nearly 100 other chains

  • Full self-custody: Users maintain full control of their assets, unlike many trading bots that use a custodial centralized exchange

  • Zero fees: Trade with zero fees, unlike most trading bots that charge 1%

  • Use limit orders: Take profits at favorable prices using limit orders

  • Monitor liquidity: Track market movements, asset flows and transactions easily

  • Single-click bridging: Bridge across multiple chains (e.g. SOL > ETH, ETH > BASE_ETH, SOL > BTC) with just one click

  • Access from anywhere: Trade 200,000+ tokens via web, browser extension and mobile

Memecoins are digital currencies that draw inspiration from trending internet memes or jokes, and often adopt the names and symbols of these memes. For example, Dogwifhat (WIF) is a Solana-based memecoin that features a Shiba Inu wearing a pink knitted hat.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.
© 2024 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2024 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2024 OKX.” No derivative works or other uses of this article are permitted.
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