OKX Wallet Now Support on Full Approval History

Dear OKX users,

In the past, wallet authorization management was limited to authorizations that occurred automatically after the wallet was created. Smart contract authorizations that have occurred in history can not be overwritten.

In order to allow users to view and manage authorization records more comprehensively, and prevent risks in time. OKX wallet officially launched full historical authorization analysis on October 13, 2023 (HKT). You can click the "Authorization" tab on the OKX wallet homepage to view and manage your full wallet authorization records.

The feature is currently available on Ethereum, OKTC, BNB Chain, Polygon, Avalanche C, Fantom, Optimism, Arbitrum One, Gnosis, zkSync Era, and more chains coming soon.

Please note:
Due to the openness of on-chain contract deployment, fraudulent phishing contracts occur from time to time. Hackers use authorization operations to maliciously charge high gas fees. When initiating or canceling authorization, please confirm whether the estimated gas cost on the page is abnormal. Please operate with caution to avoid unnecessary loss of funds.

What is wallet authorization?
Wallet authorization refers to authorizing the smart contract to access the assets in the user's wallet. For example, authorize Uniswap 1000 USDT to conduct transactions. Authorization can be for some or all assets. The authorization mechanism helps enhance the security and operational flexibility of assets on the chain, but smart contracts can also transfer user assets without the need for user signatures.

Why do my authorization records increase after the update?
In the past, wallet authorization management was limited to authorizations that occurred automatically after the wallet was created. Smart contract authorizations that have occurred in history can not be overwritten. Therefore, some authorization records may be added after this update.

We strive to continuously enhance our products and services to meet your needs. Thank you for choosing OKX Web3 Wallet. We look forward to bringing you more innovations!

OKX
OKX Oct. 16, 2023 (UTC)