Whitelist integration has begun that allows Cross held at Korbit to be transferred directly to the CROSSx wallet. With Cross stored on the exchange able to move to a Cross ecosystem wallet without a separate intermediate address or bridge process, users can immediately use ecosystem services such as staking and decentralised exchange (DEX) functions after the tokens arrive in the wallet.

On May 22, the industry said the CROSSx wallet was registered as a whitelist wallet at Korbit. Korbit users can register the CROSSx wallet receiving address in Korbit's withdrawal address management menu and, after completing identity verification, withdraw Cross to that address. It also said a whitelisted address can reduce additional review procedures even for withdrawals of 1 million won or more.

The aim of the integration is to reduce the steps needed to move assets held on an exchange into the Cross ecosystem. Previously, additional procedures were required to use Cross held on domestic exchanges such as Korbit within the Cross ecosystem. With Korbit and CROSSx wallet connected through a whitelist, users can transfer exchange-held assets directly to an ecosystem-compatible wallet.

Once Cross arrives in the CROSSx wallet, it is linked to services based on the Cross game chain. Uses include Cross Mainnet 2.0 staking and DEX trading and swaps of Cross game tokens. Staking involves participating in network security and receiving rewards, and an annual 169 percent APR was presented as of that day. On the DEX, Cross can be exchanged for game tokens within the ecosystem.

Korbit is also running an event totalling 133,200 Cross to mark the whitelist integration. The event runs from May 22 to June 11. Requirements include completing know-your-customer (KYC) checks for a Korbit account, linking a Shinhan Bank account and consenting to receive marketing messages.

The event consists of three parts: a CROSSx wallet quiz (33,000 Cross, 1,000 people), weekly Cross trading rankings (67,700 Cross, top 20 people each week) and CROSSx wallet withdrawals (32,500 Cross, 500 people).

The measure, from the perspective of the Cross ecosystem, has the character of broadening a point of contact that links assets that remained on exchanges to the use of wallet-based services. As the process of moving Cross bought and held on an exchange to a wallet becomes simpler, the barriers to entering ecosystem services such as staking and DEX trading also fall. Korbit's parallel event is also interpreted as intended to encourage users to register wallets, make withdrawals and participate in trading.