Hold on to your hat, Brazil! OKX is bringing stablecoin magic to your everyday life with OKX Pay and OKX Card!
So, here’s the deal: OKX just dropped the ultimate combo in São Paulo-OKX Pay and OKX Card. What does this mean for you? Well, in simple terms, you can now turn your Brazilian reais into fancy USD-denominated stablecoins faster than you can say “pix” (which, let’s be honest, you probably say a lot). Oh, and that international Mastercard debit card? It’s got your back-spending your stablecoin balance on literally anything, anywhere in the world. 🌎
OKX Pay doesn’t just stop at making your life easier. You can earn up to 10% APY. Yes, really. That’s an annual percentage yield (look, we’re fancy) on your stablecoins with daily accruals and weekly payouts. And no, it’s not a scam, you’ll actually see the rewards roll in. Also, to get you started, Brazil’s CNH digital ID is involved for a super speedy KYC process. No more waiting around for your identity to be verified. ✨
Oh, and here’s the kicker: the OKX Card lets you say “goodbye” to Brazil’s 3.5% IOF tax on international purchases. That’s right, you can use it to avoid the usual tax drama, and potentially save $39 on a $1,000 remittance. Not too shabby, huh? (But, you know, always check your local rules and regulations because we’re not responsible for every little detail.) 😅
According to OKX Brazil’s CEO, Guilherme Sacamone, this launch is all about giving Brazilians “seamless, cost-efficient access to the global economy.” Well, that’s one way to say “we’re making you rich and we’re not even sorry about it.”
🧭 FAQs
• When and where was OKX Pay and OKX Card launched? It launched in São Paulo on 6 November 2025. Yes, that’s this November, so don’t miss it! 🕺
• What yields and payout cadence does OKX Pay offer in Brazil? Up to 10% APY-calculated daily, paid weekly, and no lock-ups. You’re welcome. 💸
• How does the OKX Card avoid Brazil’s IOF tax for users? The OKX Card uses stablecoins for transactions, so no nasty IOF tax when you’re swiping. 🇧🇷💳
• Which local rails and ID systems does OKX use for onboarding in Brazil? PIX and Brazil’s CNH digital identity system are part of the onboarding magic. 🪄
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2025-11-07 11:18