Dear valued customers,
We are going to launch the private beta release of Savings (Web client only) at 4am, Nov 26 (CET). We designed this new product with the special intention of providing our users a tool to make daily profits even in the current market. In addition to enjoying daily rewards, Users can transfer assets to and from the Savings instantly without any minimum limit. For more details of Savings, you can read our guide here.
At the same time, we will change the margin trading rules. Details are as follows:
- Interest will be accrued hourly instead of daily to lower users’ cost;
- The daily interest rate will be updated every hour according to the demand and supply in real time;
- The interest rate for borrower will be updated once every 24 hours;
- Interest must be repaid every 7 days – no limit on loan period.
For more information, please refer to our “OKX Margin Trading Rules ” (effective at 4am Nov 26, 2018, CET)
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.
Regards,
OKX
Nov 24, 2018
