OKX Announces Changes to Discount Rate Rules for Flexible Loan Users
15 August 2024 - 12:13PM
OKX, a global cryptocurrency exchange and leading Web3 technology
company, has issued updates for August 15, 2024.
OKX Announces Changes to Discount Rate
Rules for Flexible Loan Users
OKX is set to adjust discount rates for all
Flexible Loan users to enhance platform safety and improve risk
measurement precision.
The new discount rules will be implemented from
8:00 am UTC on August 22, 2024, to 8:00 am UTC on September
22, 2024. Post-adjustment, discount tiers will be based on
specific crypto amounts, with each cryptocurrency assigned its own
tiers.
For detailed information on the specific
adjustments, click here.
To learn more, visit OKX's Support Center.
For further information, please
contact: Media@okx.com
About OKX OKX is a leading
global crypto exchange and innovative Web3 company. Trusted by more
than 50 million global users, OKX offers a secure and trustworthy
platform that provides responsible crypto traders with innovative
tools to access the world of crypto.
As a global brand and top partner of Manchester
City FC and McLaren Racing, OKX uses Web3 technology to redefine
how fans connect with their favorite teams. Recent examples include
its Unseen City Shirts and Race Rewind digital collectible
campaigns, which offer fans real-world benefits like exclusive
match-day and trackside experiences. As the Presenting Partner of
Tribeca Festival, OKX also empowers artists and creators through
Web3.
In line with its "on-chain, any chain" philosophy,
OKX contributes to the growth of the Web3 ecosystem via its secure,
interoperable and self-custody enabled OKX Wallet. OKX Wallet is a
user-friendly gateway to the on-chain world, connecting to over 100
blockchains, 10,000 dApps, 170+ DeFi protocols, 300,000 tokens and
nearly 500 decentralized exchanges (DEXs).
OKX is committed to transparency and security, and
publishes its Proof of Reserves monthly to build trust. It is also
dedicated to expanding its educational resources through OKX Learn,
making digital assets accessible and understandable for a broader
audience.
To learn more about OKX, download our app or
visit: okx.com
Disclaimer This announcement
is provided for informational purposes only. It is not intended to
provide any investment, tax, or legal advice, nor should it be
considered an offer to purchase, sell, hold or offer any services
relating to digital assets. Digital assets, including stablecoins,
involve a high degree of risk, can fluctuate greatly, and can even
become worthless.