OKX has introduced the launch of its new Easy Earn Fastened product, accessible to all customers beginning Could 30, 2024. The product at the moment helps main cryptocurrencies together with USDT, USDC, BTC, and ETH, in accordance with OKX.
About Easy Earn Fastened
Easy Earn Fastened is a lending product that permits customers to earn curiosity at a hard and fast price over a hard and fast time period. As soon as a person’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.
The way to Use Easy Earn Fastened
To create a Easy Earn Fastened order, customers can observe these steps:
Navigate to the ‘Develop’ part and choose ‘Easy Earn’. Discover a Easy Earn product with a hard and fast time period, similar to 30 days. Enter the specified lending quantity and most well-liked annual share price (APR), then proceed to proceed. Elective: Allow auto-renewal to routinely 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 probably be locked for the fastened time period.
Market Context
The introduction of Easy Earn Fastened 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 enticing to each new and seasoned buyers. By supporting main stablecoins and well-liked cryptocurrencies, OKX goals to cater to a broad person base searching for reliable earnings from their digital property.
OKX continues to broaden its choices to fulfill the evolving wants of the crypto group. The Easy Earn Fastened product is one other step in offering customers with diversified and dependable monetary instruments.
For extra data, go to the official OKX help web page.
Picture supply: Shutterstock
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