Pay is a smart wallet that supports password-free and facial recognition payments. It enables you to quickly send and receive USDC and USDT on X Layer, Tron, and other major Ethereum-compatible networks. Transactions via X Layer incur no additional fees. To enhance security, Pay utilizes advanced technologies like passkeys, multi-signature authentication, and ZK Email recovery, ensuring you maintain full control over your funds.
Additionally, you can transfer assets between your Pay account and exchange accounts, or send and receive digital assets directly to other on-chain wallet addresses.
Pay also incorporates social features, allowing you to transfer money during chats with friends or create group red envelopes. While you can send and receive digital assets directly to other wallet addresses, standard Gas fees apply for these on-chain operations.
Prerequisites for Activating Pay
Before activating Pay, make sure you meet the following requirements:
- Have a successfully registered personal account on the OKX platform.
- Complete identity verification on the platform.
- Set up a passkey (Android devices must have access to Google services).
- Ensure your verified identity is not from a restricted region.
- Update your app to the latest version (iOS 16+ or Android 7+ recommended).
Step-by-Step Activation Guide
Follow these clear steps to activate your Pay account seamlessly.
Access the Pay Interface
Open the OKX app. At the top of the screen, tap [Exchange] and switch to the [Pay] tab. Then, click the [Try Now] button to proceed.
Complete the Activation Process
Once on the Pay homepage, locate and select the [Activate Pay] button. Follow the on-screen instructions to complete the necessary security verification steps. After successful verification, your Pay account will be activated and ready for use.
Frequently Asked Questions
What is a Pay account used for?
A Pay account is a smart contract wallet designed for fast, secure digital asset transactions. It supports social features like chat payments and group red envelopes, and allows for seamless transfers between exchange accounts and other blockchain wallets.
Why do I need to create a separate passkey for Pay?
Pay operates as a smart contract wallet, requiring its own unique passkey for signing transactions. This is a separate security system from your main exchange account passkey, designed specifically to authorize actions within the Pay ecosystem for enhanced safety.
Is it safe to use a third-party app to manage my Pay passkey?
Using third-party passkey managers is not recommended. They often lack sophisticated risk controls, which can lead to accidental deletion, difficult recovery, or passkey overwriting. For the highest level of security, particularly on iOS, it is strongly advised to use the native system password manager for creating and storing your passkeys.
Can I send assets to any blockchain wallet from my Pay account?
Yes, you can send digital assets directly to any on-chain wallet address. However, please note that such transactions will require paying the standard network Gas fee, unlike fee-free transfers using X Layer within the Pay ecosystem.
What should I do if I can't find the activation button?
If the activation option isn't visible, first confirm that your app is updated to the latest version. Then, ensure you have completed all prerequisites, including full identity verification and passkey creation for your main account. If issues persist, explore more strategies for troubleshooting within the official support channels.
Are there any fees for receiving assets into my Pay account?
Receiving assets from other Pay users or from within supported networks like X Layer typically has no fees. However, receiving assets from external blockchain addresses may involve network fees borne by the sender.