Blockchain technology continues to evolve, and with it, the tools that allow users to interact securely with decentralized networks. One such tool is TP Wallet, a popular non-custodial wallet supporting multiple blockchain ecosystems—including OKExChain. This guide walks you through the complete process of creating and importing an OKExChain wallet using TP Wallet, while also covering essential background knowledge about the network and its native token, OKT.
Whether you're new to blockchain or expanding your multi-chain portfolio, understanding how to safely manage your digital assets is crucial. Let’s dive into the essentials.
What Is OKExChain?
OKExChain—now commonly referred to in the ecosystem as OEC—is a high-performance public blockchain launched by OKX (formerly OKEx). The mainnet went live on December 29, leveraging core components from the Cosmos ecosystem, including the Tendermint consensus mechanism and Cosmos SDK. This architecture enables faster transaction processing compared to older networks like Ethereum 1.0.
With a throughput (TPS) capacity reaching into the thousands, OKExChain significantly outperforms legacy chains in both speed and cost-efficiency. Transaction fees (gas) are minimal, making it ideal for decentralized applications (dApps), DeFi protocols, and frequent traders.
👉 Discover how fast blockchain transactions can be with OKExChain integration.
This performance advantage makes OKExChain a compelling choice for developers and users seeking scalability without sacrificing decentralization.
Understanding the Native Token: OKT
Every blockchain needs a native utility token to power operations, and OKExChain’s is OKT. It's important not to confuse OKT with OKB, which serves as the primary utility token within the broader OKX exchange ecosystem.
While OKB supports functions like trading fee discounts and platform governance, OKT is specifically designed for use on the OKExChain network. Its primary roles include:
- Paying for transaction fees (gas)
- Participating in on-chain governance
- Staking for network security and earning rewards
Key Features of OKT:
- Initial supply: 10 million OKT
- Block reward: Starts at 1 OKT per block
- Emission model: Halving every three years
- Theoretical max supply: Approximately 72.2 million OKT
This deflationary emission schedule helps maintain long-term value stability, incentivizing early participation while ensuring sustainable growth over time.
How to Download TP Wallet
Before managing any assets on OKExChain, you’ll need a compatible wallet. TP Wallet is one of the most trusted non-custodial wallets supporting OEC.
To get started:
- Visit the official TP Wallet website and download the app for your device.
- For iOS users: You can install via App Store (with a non-Chinese Apple ID) or through TestFlight.
- Android users can download directly from the website or trusted app stores.
Once installed, open the app to begin setting up your wallet.
⚠️ Always ensure you’re downloading from the official source to avoid phishing or malware risks.
Step-by-Step: Creating an OKExChain Wallet
Follow these steps carefully to create a new OKExChain wallet within TP Wallet:
Step 1: Start the Setup
- Open TP Wallet.
- If you're a new user, select "I don't have a wallet".
- From the list of supported blockchains, tap OKExChain.
Step 2: Set Up Your Wallet
- Choose a custom wallet name (e.g., “My OEC Wallet”).
- Create a strong password to protect local access.
- Tap "Create Wallet" to proceed.
You’ll then be directed to a critical step: backup your recovery phrase (mnemonic phrase).
Step 3: Back Up Your Recovery Phrase
- A 12-word recovery phrase will appear on-screen.
- Write it down manually—never take a screenshot or store it digitally.
- Confirm that you’ve saved it securely by re-entering the words in order.
This phrase is your only way to recover your wallet if you lose access. Since TP Wallet is non-custodial, no third party—including support teams—can restore your funds if this is lost.
Step 4: Finalize Creation
After confirming your backup, tap "Confirm". Your OKExChain wallet is now active!
You can view your wallet address, start receiving tokens, or explore built-in dApps.
Optional: Export Private Key or Keystore
To back up additional recovery options:
- Tap the blue info icon in the top-right corner.
- Select Export.
- Choose to export your Mnemonic Phrase, Private Key, or Keystore File.
Store these securely offline—preferably in a hardware vault or encrypted physical medium.
How to Import an Existing OKExChain Wallet
Already have an OKExChain wallet? Here's how to import it into TP Wallet:
For First-Time Users:
- Open TP Wallet.
- Select "I already have a wallet" during setup.
- Choose OKExChain as the chain.
- Enter your 12-word recovery phrase, private key, or upload a Keystore file.
For Existing TP Wallet Users:
- Open the app and tap the "+" icon in the top-left corner.
- Select "Add Wallet".
- Pick OKExChain from the list.
- Import using your preferred method: mnemonic, private key, or Keystore.
Once imported, your balance and transaction history will sync automatically from the blockchain.
👉 Learn how cross-chain wallets simplify multi-network asset management.
Why Use TP Wallet for OKExChain?
TP Wallet offers several advantages for OKExChain users:
- Multi-chain support: Manage assets across Ethereum, BSC, Polygon, OKExChain, and more.
- Built-in DApp browser: Access DeFi platforms, NFT markets, and games directly.
- User-friendly interface: Clean design suitable for beginners and pros alike.
- Security-first approach: Full control over private keys with no third-party access.
Additionally, TP Wallet frequently updates its features to align with emerging blockchain trends—making it a reliable long-term solution.
Frequently Asked Questions (FAQ)
Q1: Is OKExChain the same as OKB Chain?
No. While often confused, OKExChain (OEC) and OKB Chain refer to the same network. "OKB Chain" is sometimes used due to branding overlap with the OKB token, but technically, the chain’s native token is OKT, not OKB.
Q2: Can I recover my wallet without the recovery phrase?
Unfortunately, no. As a non-custodial wallet, TP Wallet gives you full control—but also full responsibility. If you lose your recovery phrase and password, there is no way to retrieve your funds.
Q3: Is TP Wallet safe?
Yes, when used correctly. Since it’s decentralized and open-source, your keys never leave your device. However, always avoid sharing your recovery phrase or installing apps from untrusted sources.
Q4: How do I receive OKT tokens?
Tap your wallet address in TP Wallet and share it with the sender. You can copy the address or show the QR code for easy scanning.
Q5: Can I stake OKT in TP Wallet?
Currently, direct staking functionality may vary depending on app version and region. However, you can delegate or participate in staking through integrated dApps accessible via TP Wallet’s browser.
Q6: What should I do if I suspect a scam?
Immediately stop interaction. Double-check URLs, avoid unknown links, and never enter your recovery phrase anywhere outside the official app. Report suspicious activity through TP Wallet’s official channels.
Final Tips for Secure Wallet Management
- Always back up your recovery phrase on paper or a hardware device.
- Never share your private key or mnemonic with anyone.
- Enable biometric login (fingerprint/Face ID) for added protection.
- Regularly update TP Wallet to benefit from security patches and new features.
Blockchain empowers financial independence—but only if used responsibly.
👉 See how top traders manage multi-chain portfolios securely today.
By following this guide, you now have everything needed to confidently create, import, and manage an OKExChain wallet using TP Wallet. Stay informed, stay secure, and make the most of what decentralized finance has to offer in 2025 and beyond.