What is OKEx Savings?
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OKEx Savings is a feature offered by the OKEx cryptocurrency exchange that allows users to earn interest on their cryptocurrencies. The feature is designed to provide users with an easy and secure way to earn interest on their cryptocurrency holdings. OKEx Savings allows users to earn up to 10% annualized interest on their holdings of supported cryptocurrencies.
How Does OKEx Savings Work?
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OKEx Savings works by allowing users to deposit their cryptocurrency holdings into their OKEx account. Once the deposits are made, the cryptocurrency is then held in a secure, segregated wallet that is managed by OKEx. The user's cryptocurrency holdings will then be used to generate interest which is paid out to the user on a regular basis. The user is also able to make withdrawals of their holdings at any time.
What Cryptocurrencies Can I Earn Interest On With OKEx Savings?
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OKEx Savings currently supports a variety of different cryptocurrencies including
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC),
EOS, Tron (TRX), and many more. The list of supported cryptocurrencies is constantly growing and is updated regularly.
How Do I Use OKEx Savings To Earn Interest On My Cryptocurrencies?
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Using OKEx Savings to earn interest on your cryptocurrencies is a simple process. First, you will need to create an OKEx account if you do not already have one. Once you have created an account, you can then deposit your cryptocurrency holdings into your OKEx account. Once the deposits are made, you will then be able to start earning interest on your holdings. The interest is paid out on a regular basis and can be withdrawn at any time.