We are excited to announce a significant upgrade and reorganization of the OKX Earn products, effective from April 14, 2023, at 20:00 (UTC+8). These changes are designed to provide a better user experience and a more diverse range of investment options.
Overview of "OKX Simple Earn"
The former "Savings" and "Locked Savings" services have been merged and upgraded into a new product category called "OKX Simple Earn." The "Savings" product has been renamed "Flexible Simple Earn," while the "Locked Savings" product is now "Fixed Simple Earn."
- If you have previously subscribed to a "Savings" product, you can now view and manage your holdings via the new path: Assets > Finance Account > Earn > Flexible Simple Earn.
- If you have subscribed to a "Locked Savings" product, you can access it through: Assets > Finance Account > Earn > Fixed Simple Earn.
Please note the following important changes:
- All flexible locked savings products have been upgraded to a 3-day fixed-term product. All rules now follow those of Fixed Simple Earn.
- Upon maturity, your subscribed "Locked Savings" product will be automatically redeemed. Depending on whether you have enabled the "Auto-Subscribe" feature, your assets will either be used to subscribe to a new fixed-term Simple Earn product or automatically transferred to your funding account.
Introduction to "OKX On-Chain Earn"
The OKX Earn section has combined existing DeFi products and ETH2.0-related services into a new category called "OKX On-Chain Earn." This allows you to participate in high-quality on-chain projects with a very low barrier to entry.
New "OKX Structured Products" Category
Products such as "Shark Fin," "Dual Investment," and "Lite Dual Investment" have been grouped under the new "OKX Structured Products" category. This offers a one-stop platform for structured financial products provided by OKX Finance.
If you hold other types of earn products such as promotional, new-user high-yield, slot auction, or fixed-term earn orders, you can find them under the "Others" category.
How to Access the New Earn Sections
- Web: Navigation bar > Finance > Earn
- App: Homepage > Finance > Earn
👉 Explore the upgraded Earn features today
We believe these upgrades will significantly improve your experience on OKX. Thank you for your continued support.
Frequently Asked Questions
What is OKX Simple Earn?
OKX Simple Earn is a combination of the former Savings and Locked Savings products. It offers both flexible and fixed-term options, allowing users to earn yields on their digital assets with varying liquidity terms.
What happens to my existing Locked Savings subscriptions?
Existing Locked Savings flexible products have been converted into 3-day fixed-term products under Fixed Simple Earn. They will auto-redeem upon maturity, and depending on your auto-subscribe settings, the assets will either be reinvested or returned to your funding account.
What are OKX Structured Products?
OKX Structured Products include innovative yield strategies such as Shark Fin and Dual Investment. These products are designed to offer potentially higher returns based on market conditions, all within a unified platform.
How can I access the new Earn sections?
You can find all Earn products under the Finance tab on both the OKX website and mobile app. The products are clearly categorized into Simple Earn, On-Chain Earn, Structured Products, and Others.
Is there a minimum amount to use OKX Earn?
Most products have low entry thresholds, making them accessible to a broad range of users. Specific requirements may vary per product, so it's best to check each product's details page.
Are these products available globally?
Product availability may depend on regional regulations. Please refer to the OKX official announcement or help center for the most accurate and location-specific information.