OKX updates USDG rewards with user choice of payout in BTC or stablecoin

OKX updates USDG rewards with user choice of payout in BTC or stablecoin
OKX adds BTC option for USDG rewards

OKX has announced that participants in its USDG rewards program can now choose to receive weekly APY payouts in either USDG or BTC, with rates of up to 4.1% for VIP users and up to 3.5% for regular users.

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OKX has updated its USDG rewards program to allow users to select whether their weekly APY payouts are received in USDG stablecoin or in BTC. The program offers up to 4.1% APY for VIP users and up to 3.5% APY for regular users, with no lockups, fees, or subscription requirements, and funds remain fully accessible at all times. Rewards are compounded daily and distributed weekly, with the new option giving users flexibility between stablecoin and cryptocurrency exposure. Eligibility for the higher VIP rate requires either $100,000 in trading volume over 30 days or $100,000 in assets held on OKX.

How to participate

To join the OKX USDG rewards program, create an OKX account and complete the identity verification process. Acquire USDG by purchasing or converting other stablecoins at a 1:1 rate with no fees. Then, simply hold USDG in your OKX account to begin earning weekly compounding APY rewards. You can select to receive your rewards in either USDG or BTC. For more details and registration, visit the official sign-up link.

OKX is an international cryptocurrency exchange established in 2017, offering access to over 100 digital assets including BTC, ETH, and XRP. The platform provides several investment programs, a proprietary educational academy, multilingual support in 20 languages, and both hot and cold storage wallets for security. More details about OKX’s features and services can be found in the broker profile on Traders Union.

For context, an earlier news article highlighted that OKX led Europe with the lowest observed fees for fiat-to-crypto and crypto-to-fiat transactions under MiCA regulations. You can read more details in the previous OKX update on Traders Union.

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