OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX has introduced the launch of its new Easy Earn Mounted product, obtainable to all customers beginning Could 30, 2024. The product at present helps main cryptocurrencies together with USDT, USDC, BTC, and ETH, in accordance with OKX.

About Easy Earn Mounted

Easy Earn Mounted is a lending product that enables customers to earn curiosity at a set fee over a set time period. As soon as a consumer’s lending order is matched with a borrowing demand, curiosity accrues hourly. The whole curiosity is paid out on the finish of the time period, offering a predictable earnings stream for crypto holders.

How you can Use Easy Earn Mounted

To create a Easy Earn Mounted order, customers can comply with these steps:

  • Navigate to the ‘Develop’ part and choose ‘Easy Earn’.
  • Discover a Easy Earn product with a set time period, akin to 30 days.
  • Enter the specified lending quantity and most well-liked annual share fee (APR), then proceed to proceed.
  • Non-compulsory: Allow auto-renewal to robotically renew and queue for a brand new time period when the present time period ends.
  • As soon as matched with a borrowing demand, the order will likely be locked for the fastened time period.

Market Context

The introduction of Easy Earn Mounted comes at a time when the demand for dependable crypto funding merchandise is rising. With unstable markets, merchandise providing steady returns are more and more engaging to each new and seasoned traders. By supporting main stablecoins and widespread cryptocurrencies, OKX goals to cater to a broad consumer base searching for reliable earnings from their digital property.

OKX continues to broaden its choices to satisfy the evolving wants of the crypto group. The Easy Earn Mounted product is one other step in offering customers with diversified and dependable monetary instruments.

For extra info, go to the official OKX help web page.

Picture supply: Shutterstock

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