OKX is excited to announce a groundbreaking feature for Web3 newcomers and experienced users alike: Gas-Free Transfers in the OKX Web3 Wallet. This innovation eliminates one of the most common pain points in decentralized transactions โ insufficient gas fees blocking transfers.
How Gas-Free Transfers Work
Launched on April 17, 2023, this feature allows users to:
- Send one gas-free transfer per device daily during the promotional period
- Automatically waive gas fees for transactions with "Slow" or "Average" gas tiers
- Experience seamless transfers without holding native tokens for gas fees
Key Details:
- Unused daily gas-free transfers don't accumulate
- Daily quota resets at 00:00 HKT
- Requires app version 6.10.0 or newer
๐ Experience gas-free Web3 transactions today
Supported Networks and Limits
Currently available on these major blockchains:
| Blockchain | Maximum Gas Waiver |
|---|---|
| Ethereum | $3 equivalent |
| OKTC | $1 equivalent |
| TRON | $0.5 equivalent |
| BNB Chain | $1 equivalent |
| Polygon | $0.5 equivalent |
| Optimism | $0.3 equivalent |
| Arbitrum One | $0.3 equivalent |
| Avalanche C | $0.5 equivalent |
| Fantom | $0.3 equivalent |
Note: Transactions exceeding these limits require full gas payment.
How to Use Gas-Free Transfers
- Open OKX App (v6.10.0+)
Navigate to:
- "Free Transfer" button in promotions section
OR - Home โ Send โ Select token
- "Free Transfer" button in promotions section
- Choose "Slow" or "Average" gas tier for automatic waiver
Current Limitations:
- NFT transfers not supported
- Smart contract interactions excluded
- Token approvals not eligible
Promotional Period
This special offer runs until May 16, 2023 at 12:00 HKT. OKX reserves the right to pause daily subsidies if gas costs exceed planned limits, without affecting subsequent days' allocations.
Why This Matters
Gas fees have been a significant barrier to Web3 adoption. By removing this friction point, OKX demonstrates its commitment to:
- Simplifying Web3 onboarding
- Reducing transaction costs
- Enhancing user experience
๐ Upgrade now to start saving on gas fees
Frequently Asked Questions
Q: How many free transfers do I get?
A: One gas-free transfer per device daily during the promotion.
Q: Which transactions qualify?
A: Only token transfers using "Slow" or "Average" gas tiers on supported networks.
Q: What happens if my transfer exceeds the gas limit?
A: You'll need to pay the full network fee for that transaction.
Q: Can I use this for NFT transfers?
A: No, the feature currently only supports fungible token transfers.
Q: Will unused daily transfers roll over?
A: No, unused gas-free transfers expire daily at 00:00 HKT.
Q: When does the promotion end?
A: The offer concludes on May 16, 2023 at 12:00 HKT, unless extended by OKX.
OKX continues to innovate in Web3 wallet services, delivering exceptional products designed for both crypto veterans and newcomers exploring decentralized finance.