The Beginner Tutorial of OKX Loan – Help center

What is OKX Loan

At OKX, we believe in "borrow to earn, borrow to spend". We offer users easy access to a variety of crypto products by staking their existing assets. With Loan, you can increase cash flow, invest in stablecoins, and subscribe for new crypto products without exposing your portfolio to price volatility.

Flexible Loan

Flexible Loan has no fixed term or pre-set interest rate. It supports over 120 types of crypto assets as collaterals. Plus, there is no penalty for early repayment! Funded by the liquidity pool of Earn, Flexible Loan offers market-based interest rate that is updated on a hourly basis.

Borrow to Earn-How it works

Here are a few ways that you can tap into the value-added services offered by OKX Loan:

Loan x Jumpstart

Jumpstart is a platform for OKX users to explore promising crypto projects. It allows users to obtain new crypto simply by staking OKB.

For those of you wary of price fluctuation, consider subscribing for new products with the OKB borrowed from Loan. This low-risk option allows you to participate in the ICOs while holding onto your existing assets.

Loan x Earn

Earn offers access to a variety of crypto investment products, including Savings, Staking, Loan, and DeFi third-party services. For risk-averse users, we recommend purchasing Earn products with crypto borrowed from Loan.

To take OpenDAO as an example: assuming that the current APY for SOS is 70%, if you borrow 10,000 SOS from Flexible Loan with an interest rate of 5%, you will be able to receive 6,500 SOS by the end of the loan term (10,000*70% - 10,000*5% = 6,500). This way, Loan x Earn allows you to sit back and enjoy high returns without fretting about price volatility.

Loan x Stablecoin

If you are interested in investing in stablecoins, consider borrowing USDT and exchanging it for the stablecoin of your choice. To take TUSD as an example—assuming that the current 15-day staking APY for TUSD is 7% and that the average loan rate is 2%, you can earn up to 5% APY with Loan x Stablecoin without risking your own assets.

Click here to explore OKX Stablecoin products.

Borrow to buy

If you are in urgent need of liquidity but do not wish to sell off your crypto, consider borrowing USDT from Loan and exchanging it for fiat currencies.

Cross-platform arbitrage

Assuming that OKX has a loan rate of 5% while another platform offers a 10% APY, feel free to borrow crypto from us to invest on other platforms.

Borrow to trade

If you think that a crypto is going to surge or plummet, consider borrowing USDT from Loan to go long or short on the said crypto in the trading market. As you hit your desired price, simply pay off the loan and keep the profits.