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 gives obtainable for Financial savings customers
A brand new APY bonus might be obtainable for a choice 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 | Whole 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 the intention to enhance market liquidity and enhance the general person expertise, OKX has delisted a number of low-liquidity perpetual swaps. The small print 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 | Whole 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 gives fixed-term funding options with auto profit-taking options. Customers can make investments BTC or ETH to acquire secure returns between 3% to twenty% APY with Sensible Achieve. If the spot value of the invested crypto reaches “profit-taking” value on the maturity date, Sensible Achieve will safe your revenue by changing your principal and pursuits into USDT routinely.
For additional data, please contact:
Media@okx.com
