Simple Earn Fixed offers a stable method to earn consistent returns on your USDT holdings. This guide explains its functionality, benefits, and step-by-step subscription process.
What Is Simple Earn Fixed?
Simple Earn Fixed allows you to lend idle digital assets for a predetermined period at a fixed annual percentage rate (APR). Your funds are matched with borrowers through a peer-to-peer (P2P) system, and you earn daily interest once the loan is funded. This approach provides predictable returns while minimizing the need for active management.
How Does Simple Earn Fixed Work?
When you deposit funds into Simple Earn Fixed, the platform allocates them to meet borrower demand based on the displayed loan APR. Interest starts accruing as soon as your loan order is matched and funded. If any unmatched portion of a loan order is canceled, or if market APR changes significantly, the matched amount is considered funded, and your term begins.
Your loan order may be split into multiple sub-orders depending on market conditions. This flexible system ensures efficient use of your assets while delivering transparent and predictable returns.
Key Benefits of Simple Earn Fixed
- Fixed Term, Fixed APR: Lend unused assets for a specific duration at a locked interest rate. Enjoy steady returns over a set period, making financial planning more effective.
- Stable Interest Earnings: Leverage the platform’s advanced P2P matching system to earn passive income with minimal effort. The system efficiently aligns loan requests, helping you grow your portfolio effortlessly.
- Robust Risk Management: Your assets are protected by stringent risk-control measures, industry-leading security protocols, and cutting-edge infrastructure. This comprehensive approach safeguards your investments in a volatile market.
Step-by-Step Guide to Subscribing
Follow these steps to subscribe to Simple Earn Fixed:
- Open your OKX app and navigate to Explore > Simple Earn.
- Select Fixed to view available fixed-term products (e.g., 14 days). Note that not all currencies support fixed-term options.
- Enter the amount you wish to deposit and select Continue to complete the subscription.
- Once your order is submitted, it will be matched with a loan request. Interest accrual begins immediately after the matched loan order is funded. If any unmatched portion is canceled or market APR shifts significantly, the matched portion is considered funded, and your term starts.
- To manage your subscriptions, go to Assets > Earn. Here, you can add more funds to existing subscriptions or redeem assets that haven’t started earning interest.
👉 Explore fixed-term earning opportunities
Frequently Asked Questions
When does interest start accruing on my Simple Earn Fixed order?
Interest begins as soon as your matched loan order is funded. If any unmatched portion is canceled or market conditions change, the matched amount is treated as funded, and your term starts immediately.
Can I redeem my funds early?
You can only redeem funds that are still pending and haven’t started accruing interest. Once interest accumulation begins, early redemption or cancellation is not permitted.
What are the potential risks?
Your order is locked until the term ends. In rare cases, your order may terminate early. If this happens, you’ll receive 100% of the remaining accrued interest as compensation, unless termination occurs within 12 hours of the expected maturity date.
Loans may also be extended for up to 14 days if the borrower delays repayment. During this time, you’ll earn hourly compensatory interest, visible in your compensation history. Total interest is distributed to your funding account once the borrower repays.
Your principal is subject to crypto investment risks, including market volatility, exchange risk, borrower liquidation, and inability to redeem funds during the term. Since this product lacks capital protection, you could lose part or all of your principal if borrowers default and their collateral is insufficient. OKX’s strict risk controls, top-tier security, and advanced infrastructure help mitigate these risks.
When will my principal be returned?
Your principal and earned interest are returned to your funding account after the borrower repays the loan.
Simple Earn Fixed is an accessible tool for earning passive income with predictable returns. By understanding its features and risks, you can make informed decisions to grow your digital assets. For further details, 👉 check real-time earning options.