SYDNEY, 15 June 2026: OKX Australia has today launched OKX Pay, a payments wallet built into the OKX app that earns Australians up to 10% rewards on USDG. Peer-to-peer transfers are instant and there are no bank account numbers or BSB codes required.
OKX Pay is embedded directly inside the existing OKX app. From activation, customers can send and receive money peer-to-peer instantly, earn rewards on USDG held on OKX, and transact across USDG, USDT, USDC, and Australian dollar stablecoins AUDM and AUDF.
Rewards on USDG starts at 4% for regular customers, capped at $10,000, and scales to 10% for VIP 3+ members. Customers already holding digital assets with OKX may find their existing positions already qualify for VIP status. Full eligibility criteria are available HERE.
Because OKX Pay lives inside the existing OKX app, there is no new platform to download, no separate onboarding, and no switching between apps to move between trading and payments. For customers already holding digital assets with OKX, their existing positions may already qualify for VIP status, along with the VIP reward and cashback structures.
OKX Australia CEO Kate Cooper said:
"Money should move as quickly as the internet. Stablecoins have the potential to modernise how Australians spend and transfer value, but until now the experience has been fragmented. With OKX Pay, customers can hold Australian dollar and US dollar stablecoins, earn rewards on eligible balances, and send money instantly, all from a single app. We're making the benefits of stablecoins practical, accessible and rewarding for everyday Australians."
OKX Card Waitlist Open
OKX Card launches in Australia in the coming weeks, extending OKX Pay to everyday spend. A virtual Mastercard® available on Apple Pay and Google Pay, it delivers cashback starting at 2% for regular customers and up to 5% for VIP 3+ members on eligible purchases, with monthly caps scaling by VIP level.
For customers already holding digital assets with OKX, the card turns an existing wallet into an everyday spending instrument without switching platforms or losing rewards. Join the waitlist HERE
DECA 2026
OKX Australia is Primary Partner for DECA 2026, running 15–17 June at the Sheraton Grand Sydney Hyde Park. Conference delegates can activate OKX Pay and join the Card Waitlist at the OKX Activation Zone in the conference foyer across all three days.
Kate Cooper delivers the Day 2 opening plenary keynote, followed by a fireside chat with Jamie Coutts, Chief Crypto Analyst at Real Vision and founder of Helios Analytics.
About us:
About OKX Australia
Headquartered in Sydney, OKX Australia is part of one of the world’s largest and most trusted fintech companies, trusted by more than 120 million people globally. To learn more, download the OKX app or visit okx.com.
OKX Australia Pty Ltd (ABN 22 636 269 040) is registered as a Digital Currency Exchange with AUSTRAC. Derivatives are offered by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035). OKX Australia Pty Ltd is a Corporate Authorised Representative (CAR No. 1318306) of Openmarkets Australia Limited (AFSL No. 246705) and is authorised to provide general financial product advice in relation to superannuation only.
Regulatory framwork
OKX Pay is available to eligible Australian customers. The OKX Pay Wallet is issued by Bano Pty Ltd (ABN 93 643 260 431, AFSL 536984) and distributed by OKX Australia Pty Ltd as a corporate authorised representative of Bano Pty Ltd (CAR No. 1318306). Digital currency exchange services are provided by OKX Australia Pty Ltd (ABN 22 636 269 040), registered with AUSTRAC.
IMPORTANT INFORMATION
Information about digital currency exchange services is provided by OKX Australia Pty Ltd (ABN 22 636 269 040). Crypto derivatives are issued by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035). OKX Pay Wallet and OKX Card are issued by Bano Pty Ltd (ABN 93 643 260 431, AFSL 536984), with OKX Australia Pty Ltd acting as distributor and authorised representative of Bano Pty Ltd in relation to those products. OKX Australia Pty Ltd is also a Corporate Authorised Representative of Openmarkets Australia Limited (AFSL 246705) and is authorised to provide general financial product advice in relation to superannuation only. Other products and services may be provided by other OKX entities, as set out in the Terms of Service.
This information is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for your circumstances and seek professional advice before making any decision. Digital assets are volatile and carry a high level of risk; you may lose some or all of your investment. Crypto derivatives are highly speculative and carry significant risk; you could lose all of the collateral deposited in your trading account.
Before making any decision, you should read the Terms of Service and applicable disclosure documents. For retail crypto derivatives, read the PDS, FSG and TMD available here. For OKX Pay Wallet and OKX Card, read the applicable PDS, FSG, TMD, Card Terms, and Cashback Reward Program Terms available here.
AUDM is issued by Catena Digital Pty Ltd (AFSL 566313). Before acquiring AUDM, please read the relevant Financial Services Guide and Product Disclosure Statement to understand the features, risks and costs:
https://docs.macropod.com/legal/combined-financial-services-guide.pdf
A Target Market Determination is available from the issuer.
AUDF is issued by Forte Securities Australia Pty Ltd (AFSL 492490). Before acquiring AUDF, please read the relevant Product Disclosure Statement to understand the features, risks and costs:
https://www.forteaud.com/s/AUDF_PDS.pdf
A Target Market Determination is available from the issuer.
Distributed by OKX Australia Pty Ltd (ABN 22 636 269 040). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether this information is appropriate for you before acting on it. The value of stablecoins may fluctuate and redemption is subject to the issuer's terms and conditions.
Contact details:
Marcha van den Heuvel — [email protected]
Hayley Debernardi — [email protected]
Danielle Marra — [email protected]