PANews reported on June 5 that according to official news, OKX officially launched the xBTC Learn and Earn event at 16:00 (UTC+8) on June 5, 2025. Users who participate in the event will have the opportunity to gain a deeper understanding of the application scenarios of xBTC in the APT ecosystem and obtain APT rewards by staking BTC. Users can participate through the OKX App exploration section. The total prize pool of the event is 13,158 APT tokens. The number of rewards is limited and first come first served.
It is reported that xBTC is a packaged Bitcoin issued by OKX, which strictly follows the 1:1 reserve mechanism. Users can withdraw BTC from the exchange to the target chain and obtain xBTC of equal value; they can also recharge xBTC back to the exchange through the target chain and exchange it for BTC.
