How do I turn on fast redemption?

Fast redemption is a feature that allows users to redeem BETH and OKSOL from on-chain staking instantly, bypassing the standard redemption processing period.

This functionality is particularly useful when you need immediate access to your funds, whether to take advantage of a trading opportunity or to address other financial needs.

Why should I use fast redemption?

• Instant liquidity: quickly redeem your assets without waiting for the standard redemption period.

• Avoid market volatility: secure your funds immediately, reducing exposure to sudden price fluctuations.

• No lock-up period: unlike some redemption processes that have waiting times, fast redemption allows you to access your funds instantly.

• Flexible asset management: easily switch between investments or reallocate funds as needed without delay.

• Convenience: a user-friendly process that simplifies asset withdrawals for a seamless experience.

How can I use fast redemption?

Enabling fast redemption is simple and can be done in just a few steps. Below is how you can turn on fast redemption and withdraw your funds instantly:

1. Log in to your OKX account

2. Navigate to Assets

3. Select the asset you wish to redeem

4. Choose the fast redemption option by selecting Redeem

5. Confirm the redemption details

6. Complete the process by selecting Continue

Your funds should be available in your funding wallet immediately.

Note:

• Fast redemption is available only for selected staking products.

• Some products may have limits on the amount that can be instantly redeemed.

• There may be slight differences in redemption availability between our web and app versions.

• Standard redemption remains an option if fast redemption is not supported.

By following these steps, you can efficiently access your funds whenever needed. If you encounter any issues, reach out to our customer support for assistance.

Learn more about other trading-related topics here.