Dear valued customers,
In celebration of the launch of new spot margin listings, we are excited to announce a 10x savings rate promotion for selected assets, namely OKB, ONT, VSYS, and ZIL.
Promotion period: 08:00 Feb 26 – 08:00 Mar 12, 2020 (UTC)
How It Works
1. Snapshot time：The snapshot of users’ all assets amount (master and sub accounts calculated in combine) took place at 16:00 Feb 25, 2020 (UTC). Additional holdings after this snapshot are entitled to the 10x saving rate during the promotion period.
2. During the promotion period, on top of the normal savings interest rate, the designated assets transferred to Savings Account after the first snapshot will enjoy extra 10x rate. The extra income is calculated daily and the total will be distributed to users’ OKX Funding Account after the promotion ends.
Note: additional holdings = total holdings of a designated asset during the promotion period – holdings of the asset at the first snapshot
For example, user A holds a total of 1,000 OKB in all accounts at first snapshot time. He then buys or deposits 500 OKB during the promotion period, and transfers 1,500 OKB into Savings Account. In this case, while user A’s total of 1,500 OKB can receive the normal savings interest income, the additional 500 OKB will also enjoy a 10x special rate.
Assuming OKB’s annualized yield for Savings is x%, User A’s yield during the promotion period = 500 * (10 * x%) / 365
3. The maximum amount of fund entitled to the special rate each asset per person is 5,000 USDT-equivalent digital assets.Users can hold multiple designated assets at the same time. The total reward pool of the promotion is 50,000 USDT equivalent of digital assets.
How to Join
Users must sign up for the promotion using the following link, otherwise you will not be entitled to the special rate and bonus.
New Signup Bonus
New signup users during the promotion period who holds a daily minimum of 100 USDT or equivalent any assets for 5 consecutive days will get an extra random bonus of 3-10 USDT.
This new signup bonus is mutually exclusive from other new signup promotions on OKX. if you fulfill all the requirements of all promotions, you will be rewarded with the bonus whichever is the largest.
1. you can access Savings service by going in Assets > My Assets > Other accounts or use the OKX App.
2. The bonus will be distributed to users’ Funding Account within 15 working days after the promotion ends.
3. OKX reserves the right of final decision in case of any dispute and to disqualify accounts and confiscate the prize for cheating behaviors.
Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
Thank you for your continued support and we assure you of our best services at all times.
Feb 27, 2020 (UTC)