A smart contract wallet with Account Abstraction (AA) is a wallet where assets are exclusively controlled by smart contracts, offering advanced features like batch transactions, gas delegation, key recovery, and more. Discover the unique capabilities of AA-enabled smart accounts.
Initially, the OKX wallet will support AA smart account creation across seven blockchains: Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche, and OKTC.
Why Use a Smart Account with AA?
- Enhanced Security: Enable multi-factor authentication and account recovery.
- Simplified Processes: Complex actions like DEX token swaps become single-step operations.
- Flexible Gas Payments: Pay gas fees with any token (including stablecoins) or via third-party sponsorship.
- Advanced Customization: Programmable accounts with user-configurable features while maintaining OKX wallet-level security.
How to Create/Import a Smart Account with AA
AA smart accounts are linked to a base wallet for on-chain control and recovery. To create/import one:
- Set up a standard OKX wallet (seed phrase, keyless, or hardware).
- Navigate to Add Account > Smart Account to deploy your AA contract.
Creating an AA Smart Account
- After wallet setup, select Add Account > Smart Account.
- Follow prompts to deploy your AA contract.
Note:
- Only one AA smart account per non-custodial or private key wallet.
- Seed phrase wallets allow one AA account per derived address.
Importing an AA Smart Account
- Import the linked base wallet.
- For seed phrase wallets, manually add the account index if balances exist beyond the first address.
FAQs
1. What’s the difference between EOAs and AA smart accounts?
EOAs (e.g., seed phrase wallets) grant direct private key control. AA accounts are programmable smart contracts enabling batch tx, gas delegation, etc.
2. Can I create an AA account without a base wallet?
No. A standard OKX wallet is required.
3. Can I delete my AA smart account?
Yes. Manage accounts via wallet settings.
4. What precautions should I take with AA accounts?
- Higher gas fees during network congestion.
- Some DApps may lack AA support (check compatibility).
- Always pair with a backup EOA wallet.
👉 Learn about AA gas optimization
5. Why are gas fees higher for AA accounts?
- Initial contract deployment costs.
- Complex interactions require more computation.
6. Which DApps currently don’t support AA?
Check OKX’s updated list of incompatible DApps.
The Future of AA Smart Accounts
OKX plans to roll out:
- Social recovery tools.
- Mini-program frameworks for gasless interactions.
- Multi-signature functionality.
- Advanced on-chain strategies like copy-trading.
AA smart accounts represent the next evolution in wallet technology, blending security with unparalleled flexibility.