Cryptocurrency exchange OKX has launched its Simple Earn Fixed product, now available to all users. This feature supports major cryptocurrencies including USDT, USDC, BTC, and ETH, providing a streamlined way to earn passive income through fixed-term lending.
How Simple Earn Fixed Works
Simple Earn Fixed is a lending product designed to offer predictable returns:
- Users earn interest at a fixed rate over a fixed period.
- Interest accrues hourly once a lending order matches borrowing demand.
- Total interest is paid upon completion of the term.
Getting Started with Simple Earn Fixed
- Open the OKX app and navigate to the Grow section.
- Select Simple Earn and choose the fixed-term product.
- Enter your lending amount and preferred APR.
- Once matched, your funds are locked for the selected term.
👉 Start earning with Simple Earn Fixed today
Key Benefits of Simple Earn Fixed
- Consistent Returns: Lock in stable earnings for better financial planning.
- Passive Income: No active management required—earn while you hold.
- Market Protection: Shield against volatility with fixed-rate returns.
OKX's Expanding Ecosystem
OKX continues to innovate beyond Simple Earn Fixed:
- Trading Options: Spot, derivatives, margin trading, and futures.
- Earn Products: Savings, staking, DeFi, and ETH 2.0 integration.
- Global Growth: Recently launched in the Netherlands and partnered with Blast Ecosystem for the OKX Web3 Blast Super Season.
OKX by the Numbers
- 4th largest crypto exchange globally by trading volume ($2B+ daily).
- Supports 200+ cryptocurrencies and advanced trading tools.
FAQs About OKX Simple Earn Fixed
1. What cryptocurrencies can I lend with Simple Earn Fixed?
Supported assets include USDT, USDC, BTC, and ETH.
2. How is interest calculated?
Interest accrues hourly at your fixed APR and is paid at the end of the term.
3. Can I withdraw my funds before the term ends?
No. Funds are locked until the fixed period concludes.
4. Is Simple Earn Fixed available worldwide?
Yes, except in jurisdictions where OKX services are restricted.
5. How does OKX ensure security?
OKX uses cold storage and multi-signature wallets to protect user assets.
6. Are there fees for using Simple Earn Fixed?
OKX charges no fees for creating or managing lending orders.
👉 Explore OKX’s full suite of crypto products
Why Choose OKX?
- Trusted Platform: Regulated and audited for transparency.
- Diverse Offerings: From beginner-friendly tools to advanced trading.
- User-Centric: Continuous upgrades based on community feedback.
Disclaimer: Cryptocurrency investments carry risks. Always conduct independent research and invest responsibly.