Crypto exchange company OKEx, announced today the launch of ‘EARN’ — a new consolidated dashboard with all of the company’s passive income offers in a single interface. OKEx administers staking and various savings services.
Below is an overview of the accounts that are included in the new ‘EARN’ interface.
Savings
Savings enables users to share OKEx’s income from margin loans. A portion of the interest collected from margin traders is allocated for Savings, income is accrued every day from the second day after deposit.
OKEx currently supports a total of 32 assets in Savings. This includes: BTC, LTC, ETH, ETC, BCH, USDT, BSV, DASH, EOS, NEO, QTUM, TRX, XRP, ADA, ALGO, ATOM, BTM, BTT, ELF, HC, IOST, IOTA, LINK, OKB, OMG, ONT, VSYS, XLM, XMR, XTZ, ZEC, and ZIL.
Staking
The OKEx Mining Pool provides users with multi-currency, multi-type mining services alongside staking.
Users are able to easily subscribe to staking services on supported coins. Before subscribing, users can view details regarding estimated yield.
Going forward, the staking service will now settle yields in the natively staked asset. Example: EOS staking orders will be settled in EOS. IOST staking orders in IOST, etc.
Term-Deposit
A new Term Deposit service allows users to further generate extra income in a fixed-term. User deposits accrue passive income; ranging from one to three months. Term Deposits feature different returns corresponding to the staked assets.