EEA Simple Earn User Agreement

Published on Dec 9, 2025

Published on 9 December 2025

1. Overview

1.1 The Simple Earn Service (the “Simple Earn Service” or “Service”) is provided to you (“you” or “Customer”) by OKX Europe Limited, which operates under the OKX brand, for Users who are residents within the European Economic Area(“OKX”, “we”, “us”), As a licensed Crypto-Asset Service Provider, we shall provide the Service under the regulatory framework of the European Union Markets in Crypto-Assets Regulation (MiCA), where applicable. In addition to the MiCA-regulated Services, we may offer or facilitate access to products or services that fall outside the scope of MiCA regulation, such as the Service. The Service is offered as a value-added service to OKX users so that they may earn Returns by depositing their Crypto Assets on the OKX Platform for a flexible term.

1.2 This Simple Earn User Agreement (this "Agreement" or these “Terms”) governs your use of this Service and related services entered into by and between you (the “User” or “you”) and OKX. In order to use the Service, you should carefully read and abide by this Agreement.

1.3 These Terms shall supplement our Terms of Service-EEA. In the event of any conflict or inconsistency between any term or provision set forth in this Agreement and the Terms of Service-EEA, such conflict or inconsistency shall be resolved by giving precedence to this Agreement. All provisions, including definitions, of the Terms of Service-EEA not modified by this Agreement shall remain in full force and effect. Terms not defined here are defined in the Terms of Service-EEA.

1.4 By using this Service, you confirm you have read, understood, and accepted these Terms, the Terms of Service-EEA, Conflicts of Interest Disclosure, any relevant terms and conditions, service terms, user agreements, transaction and operation rules, policies, announcements and other rules (as amended and restated from time to time) published by OKX from time to time in connection with this Service.

1.5 If you have any questions regarding the use of the Service, please contact our Support Center.

2. General

2.1 The Service allows OKX users to deposit their Crypto Assets on the OKX Platform for a flexible term, so that they may earn Returns. The Simple Earn Service is not a principal-protected product and users risk principal loss (in whole or in part).

2.2 Definitions relating to the Service include:

  • MiCA: The European Union Regulation (EU) 2023/1114 on Markets in Crypto-Assets.

  • Principal: Amount of Crypto Assets in the User’s account which are deposited using the Service.

  • Redeem / Redemption: The closing of a position (in whole or in part) in the Service.

  • Return(s): The yield and/or return that a User may receive by depositing its Crypto Assets in the Service, provided such Crypto Assets are successfully matched with borrowing demand.

  • Subscribe / Subscription: The opening of a position in the Service, which results in a deposit of Crypto Assets in the Service. Such opening can be carried out either by the User manually opening a position on the Simple Earn product page on the OKX Platform, or by opting-in to Auto-Earn (as described in Section 4.4(g), below).

  • T hour: The time when an order from a User is matched, used to calculate the hourly Return, in a normal trading day based on UTC+8 time zone.

The Service does not fall under the scope of MiCA regulation, and therefore, the protections afforded by MiCA, including client asset safeguarding rules, do not apply to assets held within or in connection with the Service. In light of the Service made available, we shall continue to act fairly, professionally, and in your best interests. However, you acknowledge that the protections afforded by MiCA, may not apply in their entirety to the Services.

3. Eligibility to Use the Service

3.1 You agree that OKX may hold your Crypto Assets for the duration of the Service in order to fulfill its obligations under the Service.

3.2 You also understand and confirm that:

  • You confirm that you are not relying on us for business, financial, legal, or investment advice, and that you have the experience and risk tolerance to use the Service, and have the experience and knowledge to invest in non-guaranteed cryptocurrency products.

  • You have agreed to abide by the Terms of Service-EEA, and are eligible and permitted to use the Services specified therein;

  • If you use the Service, this Agreement is binding on you;

  • You have the experience and risk tolerance required to use the Service, and have the experience and knowledge necessary to invest in non-guaranteed digital asset products;

  • You have the ability to perform operations on the Internet;

  • This Agreement and your use of the Service does not conflict with the laws of your country or region, and you agree to comply with the laws of your country or region;

  • You are the legal and beneficial owner of all the Crypto Assets in your OKX account and that the sources of your Crypto Assets and fiat currency are not from illegal activities.

3.3 You further agree that:

  • You will not use the Service in connection with any Prohibited Businesses (as defined in the Terms of Service-EEA), including without limitation illegal purposes such as money laundering, terrorist financing, or fraud, or any other activities or any businesses prohibited by the law;

  • You will not use the Service in connection with any forms of price manipulation, insider dealing, market manipulation, market distortion or any other malicious wrongdoings to the market.

3.4 You understand and accept the risks that may arise to you and the related losses you may suffer from using the Service, as set out in the Terms of Service-EEA. Those risks and losses include but are not limited to:

  • Any loss you may suffer from the risks associated with the inability to sell or convert Crypto Assets deposited into the Service into a preferred alternative asset immediately or where conversion is possible but at a loss. You are willing to bear the risks and potential financial losses caused by depositing Crypto Assets into the Service;

  • Historical Returns are not indicative of future Returns. The expected Returns displayed on the OKX Platform are theoretical estimates of Returns. They are not actual or guaranteed Returns promised by OKX. OKX does not guarantee or promise any Returns. Actual Returns may vary from the estimated or expected Returns. Returns shall be calculated and distributed by OKX in its sole discretion. OKX may deduct cost, fees, and expenses related to the operation of the Service from your actual Returns, to determine the final amount payable to you;

  • Price fluctuations of Crypto Assets and their derivatives, if applicable, may cause significant or total loss in a short period of time;

  • The nature of Crypto Assets means that technological difficulties experienced by OKX may prevent a User's access to, or use of, its Crypto Assets;

  • Market risks may occur, which may result in losses of your Crypto Assets;

  • OKX may have to add, remove, or change its terms or policies, including the terms of this Agreement, from time to time, while you are using the Service. Any such actions may benefit or harm users like you.

4. Use of the Services

4.1 Through the OKX Platform, you can Subscribe to and Redeem positions in the Service.

4.2 When you Subscribe to the Service, your Crypto Assets are deposited to the Service. When your Crypto Assets are deposited to the Service, you cannot access, trade, sell, convert, or otherwise use them.

4.3 When Subscribing to the Service, you may Redeem your order, thereby withdrawing your Crypto Assets from the Service, at any time, subject to the terms of this Agreement.

4.4 Simple Earn Flexible Term

a. At the time of Subscription by way of a manual order on the OKX Platform, you are required to select: (i) a Crypto Asset type; (ii) a Crypto Asset quantity; and (iii) a minimum expected rate of Return (in the form of an annualized percentage rate, or “APR”) that you wish to yield from the Crypto Assets deposited into the Service;

b. Once your Subscription is successful, OKX will attempt to match your order (and the Crypto Assets referred to in such order) with borrowing demand. Borrowing demand comes from other services provided by OKX to its users. In situations where liquidity in the Simple Earn Service has been reduced or there is insufficient liquidity in the Simple Earn Service to match borrowing demand or market circumstances require, OKX may temporarily match borrowing demand with funds other than those derived from users’ Subscriptions, such as funds provided by Affiliates;

c. If your order is successfully matched (in whole or in part) with borrowing demand, you will start to accrue Returns from the Crypto Assets that are matched. Not all Crypto Assets within an order may be matched. It may be the case that no or only a part of the Crypto Assets referred to in an order are matched. Any Crypto Assets that are not matched will not earn Returns. Your Crypto Assets may all be matched to borrowing demand from the same or multiple borrowing orders, or not matched at all;

d. Any Crypto Assets that are matched will earn Returns at the rate specified in your order or at a market rate, if it is higher. If the market rate is lower than the rate specified in your order, your order will not be matched.

When the lending pool is almost fully utilized or if market circumstances require, OKX may, at its discretion, adjust the market APR to a higher level ("Adjusted Market APR") in order to encourage more lenders to participate. During this period your specified minimum lending APR will remain unchanged. Accordingly:

  • If the Adjusted Market APR becomes higher than your specified minimum lending APR, OKX will attempt to match your order to borrowing demand. However, there is no guarantee of a successful match.

  • If your specified minimum lending APR remains higher than the Adjusted Market APR, your Crypto Assets will remain unmatched.

Any unmatched Crypto Assets will not generate any Returns.

e. Returns accrue and are distributed to your account hourly on the basis of a clock-hour. No Returns are generated for parts of an hour. If your order is matched during a T hour, the hourly Return shall accrue commencing from the start of the next clock hour (T+1 hour) and will be distributed after the T+1 hour. For example, a user whose order is matched at 9.30AM will only commence accuring returns from 10.00AM onwards, and the Return will be credited after 11.00AM.

f. Flexible Term Subscriptions can be Redeemed at any time. Any orders Redeemed will not earn Returns for the part of the hour in which they are Redeemed. If market circumstances require, your Redemption will be delayed or restricted, at OKX’s sole and unfettered discretion. This includes situations where there is insufficient liquidity on the OKX Platform or in the Simple Earn Service, or imposition of any Redemption limit by OKX, or there has been an unexpected reduction in such liquidity. In the event that Redemptions are delayed or restricted, they will be dealt with on a first-in first-out basis, such that earlier Redemptions will be satisfied in preference to later Redemptions, subject to OKX’s discretion to re-order Redemptions based on size or other market circumstances. You acknowledge and undertake the risk that any such delays in Redemption may result in a partial or total loss in the value of your Crypto Assets.

Revised APR calculation method

g. For certain supported Crypto Assets, in order to promote a more consistent effective return rate for users, OKX has the discretion to implement a revised APR calculation mechanism from time to time without notice as described below. You can find further details in the tooltip windows on the subscription page on the Platform for the specific currency from time to time. As at the time of these terms, the revised APR calculation is active for supported stablecoins, including but not limited to USDC.

(1) instead of only matched orders obtaining Returns, if your order is eligible to be successfully matched (in whole or in part) with borrowing demand, you will start to accrue Returns from the Crypto Assets. Orders which are ineligible to be matched shall not generate Returns. Your order is only eligible to be matched if your specified minimum expected APR is the same or lower than the rollover rate paid by borrowers, which may vary from time to time. Users shall be rewarded with Returns for making available eligible orders.

(2) As the proceeds collected from the borrowers are allocated to all eligible orders (regardless of whether the order is matched or not), the actual Return earned by you (reflected as "lending APR" on the Platform) may be less than your minimum expected specified APR, in the event where eligible lending supply exceeds borrowing demand.

(3) Due to platform limitations, the minimum APR users can receive is 0.01%. Therefore, in extreme market circumstances where revised APR calculation method is implemented and the rollover fees paid by the borrowers are insufficient to provide a Return of 0.01% APR or higher to the full pool of eligible orders, OKX shall have the discretion to limit the number of eligible orders who obtain such Return in accordance with our own queuing mechanisms.

Save as varied or supplemented by this subsection (g), the terms of this Section 4.4 shall continue to apply to all Simple Earn Flexible orders regardless of the APR calculation mechanism.

4.5 OKX may charge users of the Service a fee for use of the Service. As at the time of these terms, the fee is equivalent to 15% of the Returns generated for you by your use of the Service. The fees will be deducted from the Returns before the Returns are allocated to you.

The amount of such fee may be modified by OKX from time to time, and changes will be published on the OKX Platform.

4.6 OKX reserves the right to introduce, impose, adjust or remove any Subscription and Redemption limits in its sole discretion, while you are using the Service. Master accounts and sub-accounts may share any limits.

5. Suspension / Cancellation / Termination

5.1 OKX may suspend, cancel or terminate the Service, or your use of the Service at any time at its sole discretion. The Terms of Service-EEA set out the circumstances in which OKX may suspend, cancel or terminate the Service. Without prejudice to the generality of the foregoing, those circumstances may include situations where:

  • you do not provide additional information to verify your identity or source of funds as requested by OKX;

  • OKX is required to do so by court order, to comply with any Applicable Laws and Regulations;

  • OKX is required to do so to comply with any direction or instruction from a government body or agency;

  • OKX reasonably determines that any information you have provided to OKX is wrong, untruthful, outdated or incomplete; or

  • you do not provide additional information that we request to our reasonable satisfaction or in a timely manner.

6. Liabilities

6.1 The Terms of Service-EEA set out situations in which you may incur losses or liabilities and OKX assumes no liability. Without prejudice to those terms, those situations include:

  • Inability to use the Service or make commands or perform trading operations due to failure, delay, interruption, lack of system response, delayed system response, lack or reduction of liquidity in the Service, or other abnormal circumstances;

  • Service suspension for maintenance;

  • Failure to transmit data;

  • Force majeure events or accidents, such as typhoon, earthquake, tsunami, flooding, plague, power outage, war, turmoil, government actions, terrorist attacks, pandemic, epidemic, or other such acts;

  • Service interruption or delay due to hacking, computer virus, technical adjustment or failure, website upgrade, banking issues, temporary closure due to government regulations or other such matters;

  • Losses due to technical problems that cannot be predicted or solved by existing technical forces;

  • Losses due to third parties;

  • Losses due to changes in any Applicable Laws and Regulations, or government, regulatory or law enforcement orders.

You agree and accept that the above or any other reasons may lead to abnormal transactions, abnormal market and price fluctuations, market interruptions and other possible abnormal circumstances.

6.2 OKX reserves the right and sole discretion to refuse to execute or cancel your commands.

6.3 You agree and accept that OKX shall not be liable for any losses caused by the risks described in this Agreement or the Terms of Service-EEA (including but not limited to any direct or indirect losses, actual losses or possible loss of profits).

7. Technology disclaimers

7.1 OKX may, from time to time, suspend access to your OKX accounts, the OKX Platform, the Service and/or any other OKX services, for both scheduled and emergency maintenance. OKX will make reasonable efforts to ensure that transactions on the OKX Platform are processed in a timely manner, but OKX makes no representations or warranties regarding the amount of time needed to complete any such maintenance.

7.2 Although OKX makes reasonable efforts to update the information on the OKX Platform, OKX makes no representations, warranties, or guarantees, whether express or implied, that the content on the OKX Platform, including information in relation to the Services and any other OKX Services, is accurate, complete, or up to date.

7.3 You are responsible for obtaining the data network access necessary to use the Services or any other OKX Services. You are responsible for acquiring and updating compatible hardware or devices necessary to use the Service, any OKX Services, the OKX Platform, and any updates thereto. OKX does not guarantee that any of the OKX Services, or any portion thereof, will function on any particular hardware or devices. OKX Services may be subject to malfunctions and delays inherent in the use of the internet and electronic communications.

7.4 Despite our efforts to ensure the security of your data and transactions, the risk of unauthorized access, hacking, data loss, or other breaches cannot be completely eliminated. You acknowledge that you bear the risk of any unauthorized access to your account information and any loss of Crypto Assets resulting from such security breaches.

7.5 The field of Crypto Assets is rapidly evolving, and changes in technology may require adjustments to the Services or how you interact with the OKX Platform. OKX reserves the right to modify the technology used, the features provided, or the Service requirements based on technological advancements or regulatory changes without prior notice.

8. Mandatory Measures

8.1 You agree and accept that OKX strictly prohibits unfair trading practices. OKX reserves the right to exercise control over your account, restrict, suspend or shut down your account in its sole discretion if you engage in any of the following conduct:

  • Market manipulation, price manipulation, insider dealing, market distortion, or any other malicious wrongdoing or behaviour;

  • Participation in any activities that OKX regards as harmful to the market;

  • Violation of any Applicable Laws and Regulation.

8.2 In order to eliminate any adverse effects on the overall market, OKX reserves the right and sole discretion to suspend or terminate your account, use of the Service, or refuse to execute or cancel your commands. OKX shall not be liable for any losses (including but not limited to any direct or indirect losses, actual losses or losses of possible profits) incurred in connection with the above measures.

9. Indemnification

9.1 You shall take every possible measure to protect OKX from any damages arising out of your use of the Service or other actions related to your OKX account.

9.2 You hereby acknolwedge and agree to indemnify, hold harmless and promptly defend OKX and OKX’s affiliates and associates (including our and their respective agents (if any) and the shareholders, directors, officers and employees of OKX and OKX’s affiliates and associates) (each an “Indemnified Party”) from and against any and all losses arising from or in connection with any claims, losses, liabilities, damages, judgments, penalties, fines, costs and expenses of whatever kind (including professional fees and reasonable attorney’s fees) which may be suffered or incurred by any of the Indemnified Party arising out of or related to your use of the Service or other circumstances set out in the Terms of Service-EEA.

10. Miscellaneous

10.1 No business, legal, financial, or tax advice

(a) You acknowledge and agree that in any transactions or other decisions or activities through which you use any OKX Services, OKX does not have a fiduciary relationship or fiduciary duty with you. No communication or information provided by OKX to you, notwithstanding whether included in these Terms or any other document or statement, shall be deemed, considered or interpreted as investment advice, business advice, legal advice, financial advice, tax advice, trading advice or any other type of advice. You shall determine whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial condition and risk tolerance, and you shall be solely responsible for any and all losses or liabilities.

(b)You confirm that you fully understand the nature, risks and potential losses related to the Service. Before making a decision to use the Service, you should exercise independent judgment and carefully consider using the Service based on your own investment experience and capability, financial situation, investment objectives, investment period, willingness and ability to bear investment risks, the extent of your understanding of the nature and risks of this product, and other relevant circumstances. The as described in these Terms do not include all the risks and all the market conditions of the user's transactions related to this Service. If you have any questions or concerns, please seek advice from an independent financial advisor and/or legal counsel.

(c) You should consult your own business, legal, financial or tax advisers regarding especially, inter alia, the individual chances, opportunities, risks, obligations or further costs arising from using this Service. OKX does not recommend you to buy, sell, transfer or hold any crypto-assets. Before making a decision to buy, sell, transfer or hold any crypto-assets, you shall conduct due diligence and consult your financial advisor before making any investment decision. OKX shall not be responsible for your decision to buy, sell, transfer or hold crypto-assets, or to subscribe for this Service, based on the information provided by OKX.

10.2 The contents of this Agreement also include OKX's various system specifications, guidance notes, product documents, or other relevant documents that OKX may issue from time to time. Upon release, such content becomes an integral part of this Agreement, and you should also abide by it. In the event of any conflict between the above content and this Agreement, this Agreement shall prevail.

10.3 OKX reserves the right to unilaterally modify this Agreement or any terms applicable to the use of the Service in its sole discretion. Such modification could happen at any time without prior notice, including while you are using the Service. If any changes are made, the revised contents shall be posted on OKX's website promptly. Please check the latest information posted therein to inform yourself of any changes. Your continued use of or access to the Service following the posting of any changes constitutes acceptance of those changes. If you do not accept the revised content, you should stop using the Services.

10.4 You should carefully read this Agreement, and any document referred to in Sections 10.2 and 10.3 of this Agreement that constitute the contents of this Agreement, in conjunction with the Terms of Service-EEA. In the event of any discrepancy between the English version of this Agreement and any translated version, the English version of this Agreement shall prevail.

10.5 If any provisions of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired in any way. However, if any provision of this Agreement shall be invalid, illegal or unenforceable under any such applicable law in any jurisdiction, it shall, as to such jurisdiction, be deemed modified to conform to the minimum requirements of such law, or if for any reason it is not deemed so modified, it shall be invalid, illegal or unenforceable only to the extent of such invalidity, illegality or limitation on enforceability without affecting the remaining provisions of this Agreement, or the validity, legality or enforceability of such provision in any other jurisdiction.

10.6 The failure or delay of OKX’s enforcement of any right or provision of this Agreement will not be deemed a waiver of such right or provision.

10.7 The applicable applicable law and jurisdiction, and dispute resolution provisions in the Terms of Services-EEA applies to disputes between you and OKX or its affiliate.

10.8 You shall not transfer, novate or assign this Agreement, and the rights and obligations hereunder, in whole or in part, without the prior written consent of OKX. OKX has the right to transfer, novate or assign any rights or obligations under this Agreement by serving written notice on you, which takes effect upon the delivery of such notice.

10.9 The headings of all the terms of this Agreement are for convenience only and have no actual meaning and cannot be used as a basis for interpretation of the meaning of this Agreement.

10.10 OKX shall have the sole and final discretion to interpret this Agreement.