Flash Information – OKX supplies enterprise updates for week ending

VICTORIA, Seychelles, Aug. 13, 2022 (GLOBE NEWSWIRE) — The week ending August 12, 2022 has seen OKX provide new APY bonuses for Financial savings customers, introduce high-APY rewards for FTM and FLOW staking, delist a handful of perpetual swaps, add USDC spot pairs, introduce USDC Flash Offers for customers in Turkey and introduce its Sensible Achieve providing on OKX Earn.

New APY bonus presents obtainable for Financial savings customers
A brand new APY bonus shall be obtainable for a collection of Financial savings Product from August sixteenth, 2022.
The bonus is as follows:

Crypto Bonus restrict APY
USDT 2,000 10 %
BTC 0.01 5 %
ETH 0.2 5 %

Taking USDT for example, the primary 2,000 USDT subscribed by the person can take pleasure in a set APY of 10% whether or not their property are lent efficiently or not.

Win as much as 22% APY with FTM and FLOW Staking

OKX launched FTM and FLOW staking on Aug 12, 2022.

FTM and FLOW Staking rewards:

Crypto Product Time period Complete Subscription Restrict Particular person Restrict APY
FTM Staking 15 Days 4,550,000 FTM 5,000 FTM 20 %
FLOW Staking 15 Days 550,000 FLOW 1,000 FLOW 22 %

OKX delists perpetual swaps for LON/EFI/BTM/WNCG

With a purpose to enhance market liquidity and enhance the general person expertise, OKX has delisted a number of low-liquidity perpetual swaps. The main points are as follows

Perpetual swaps Delisting date
LONUSDT August 16, 2022
EFIUSDT August 17, 2022
BTMUSDT August 18, 2022
WNCGUSDT August 19, 2022

OKX launches USDC Flash Offers unique to Turkey

OKX Earn launched Flash Offers unique to Turkey on USD Coin (USDC) on August tenth, 2022.

Staking crypto: USD Coin (USDC)

Crypto Time period Complete Subscription Restrict Particular person Restrict APY
USD Coin (USDC) 7 days 3,000,000 USDC 2,000 USDC 15 %

OKX launches USDC buying and selling pairs

OKX is happy to announce the itemizing of: ETC/USDC、NMR/USDC、AZY/USDC、YFII/USDC、HBAR/USDC、TORN/USDC、STX/USDC、TRB/USDC、NYM/USDC on our spot buying and selling markets.

OKX Earn launches Sensible Achieve

OKX Earn formally launched its Sensible Achieve product on August 4th, 2022.

Sensible Achieve presents fixed-term funding options with auto profit-taking options. Customers can make investments BTC or ETH to acquire steady returns between 3% to twenty% APY with Sensible Achieve. If the spot worth of the invested crypto reaches “profit-taking” worth on the maturity date, Sensible Achieve will safe your revenue by changing your principal and pursuits into USDT mechanically.

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