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OKX’s New Agentic Wallet Allows Users to Automate Crypto Trades

OKX’s CEO explained that the Agentic Wallet does not replace the OKX Wallet. Rather, it serves as a separate non-custodial wallet for AI utilities.

OKX

Crypto exchange OKX has launched a new kind of wallet called the Agentic Wallet. With the newly introduced wallet, users can automate crypto trades to be executed when certain conditions are met using AI-driven tools across approximately 20 blockchains.

The OKX Agentic Wallet runs on an operating system dubbed the Onchain OS. 

Users can connect their AI agents to the Agentic Wallet via the Command Line Interface (CLI). With this infrastructure in place, these AI agents can read, act, find the best quotes, and execute trades on-chain on behalf of users.

OKX Debuts Agentic Wallet

OKX’s CEO, Star Xu, clarified that the Agentic Wallet is not a replacement for the exchange’s existing non-custodial wallet, OKX Wallet. Instead, it is “an operational layer designed for AI execution.”

This means users can continue using their OKX Wallet, especially for long-term crypto storage. However, if they wish to access the AI-based toolkits with over 70 features offered by the Agentic Wallet, they would create a new self-custodial wallet using email and OTP authentication. The private keys for these AI-focused wallets are running in a Trusted Execution Environment, ensuring users’ assets are safe.

The announcement added that transactions through OKX’s native blockchain, the X Layer, will be gas-free. Since the new wallet is designed for AI agents and humans, it provides native support for the x402 protocol, a service that enables users and AI to execute transactions seamlessly.

Crypto and AI Converge

Over the past few years, crypto firms and projects have actively explored integrating artificial intelligence into their blockchain-based businesses.

Some projects being built at this intersection that have made headlines include Virtuals Protocol, MyShell, and Griffain.

On the other hand, some companies, like Northern Data, Cango, and Core Scientific, have abruptly halted their crypto operations to explore the AI sector.

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Mishael Nwani

Mishael Nwani is an avid crypto enthusiast with over four years of experience in the industry. Since 2022, he has covered topics across cryptocurrencies, NFTs, artificial intelligence, cybersecurity, and financial markets.