OKX Simple Earn Flexible is a value-added service that allows users to deposit their crypto assets to earn market-based interest on an hourly basis, and withdraw their assets at any time The entire process is secured by our reliable risk management system so that users can earn profits while their assets are protected. For the avoidance of doubt, Simple Earn is not a principal-protected product.
Use of assets
Checklist
- Use of assets
- Subscription and redemption
- Subscription
- Lenders can subscribe at any time. Following subscription, their crypto will be locked in Simple Earn to act as a lending supply. Crypto will be lent to platform borrowers if a bid is successful.
- Redemption
- Lenders can redeem their crypto at any time. The crypto to be redeemed will not participate in the next round of lending or generate returns for users for the current hour.
Notes
Crypto assets from Simple Earn users will be loaned to borrowers on our platform (which may include borrowers under our loan programmes or margin traders). Our Simple Earn service currently only supports a limited list of crypto.
Subscription and redemption
Subscription
Lenders can subscribe at any time. Following subscription, their crypto will be locked in Simple Earn to act as a lending supply. Crypto will be lent to platform borrowers if a bid is successful.
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
