OKX launches Pay Boost to combine DeFi yield and cashback benefits on crypto card

OKX launches Pay Boost to combine DeFi yield and cashback benefits on crypto card
OKX unveils Pay Boost for crypto card

OKX has introduced the Pay Boost feature for its crypto card, allowing users to earn up to 3.5% APY on eligible USDG stablecoin balances prior to spending, in addition to existing cashback and fee-free benefits.

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OKX has introduced a feature called Pay Boost for its crypto card users in Europe. This function enables holders of eligible USDG stablecoin balances within the OKX payment ecosystem to earn up to 3.5% annual yield, generated via DeFi mechanisms, prior to spending those funds. In addition to earning yield, users can also receive 2%–10% cashback on purchases, with zero added or foreign exchange fees during card transactions. The feature aims to allow funds to remain productive before being spent, integrating earning and spending within a single app.

How to participate

To start earning up to 3.5% APY with OKX's Pay Boost feature, users must hold USDG in their OKX Pay balance and activate Pay Boost within the OKX app. Maintain an eligible USDG balance to accumulate yield, then use the OKX Card for everyday purchases to receive additional cashback and benefit from zero extra fees. For more details and to get started, visit the official sign-up link.

OKX is an international cryptocurrency exchange established in 2017, offering users access to over 100 cryptocurrencies and various investment programs. The platform provides features such as a multilingual interface, a mobile app, educational materials, and both hot and cold wallets for security. For more details, see the broker profile on Traders Union.

For more context, our earlier news highlighted OKX's launch of its xStocks rewards program, which enables users to earn increased xPoints by participating in on-chain activities. Read more details in the previous OKX update on Traders Union.

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