DOT now on Earn, new STX Stacking cycle coming soon — OKCoin platform update

OKCoin platform update

DOT now on Earn, new STX Stacking cycle coming soon — OKCoin platform update

Welcome to the OKCoin platform update — a summary of product updates, new listings and statuses you may have missed.

These days we’re bullish on DOT, the native asset of Polkadot, aka “the blockchain of blockchains.” So, as of March 31, you can lock DOT on OKCoin and earn up to 12% APY. Also — if you buy $10 worth of DOT, you can get $10 in DOT as a bonus. Last but not least, you can enter a pool for a chance to win $1,000 in DOT when you purchase over $50 worth of DOT. Check out our support page for more details.

In other platform news — all wallets and trading systems are fully operational. Check out the status updates below for more details.

Overall Platform Status:

  • We temporarily increased the minimum ACH buy order from $25 to $100. This is a temporary change to test our ACH transaction activity and we will announce the new minimums in the coming days. 
  • If you participated in our “100 HODL” promotion, which ended yesterday, don’t worry: as long as you entered before the end of the promotional campaign, you will be eligible to receive the referral bonus.
  • All trading systems are fully functional. 

Earn Status

OKCoin Earn is DeFi made simple. You can deposit crypto in top DeFi protocols via Earn and start earning yield, minus the hassle and network fees.

  • DOT is our latest addition to the Earn product. You can now deposit (it’s also called “staking”) DOT on Earn and earn up to 12% APY. Flexible terms, no fees: learn how to make a passive income out of it here.
  • The current Stacks (STX) cycle is still ongoing, allowing OKCoin customers to earn up to 25% APY in Bitcoin. If you’re already on the STX train, congrats! But if not, get ready: we’re just 3 days away from deposits closing for the next stacking cycle — deposit STX now.
  • Beginning April 5, we will no longer offer earnings via the Curve protocol. USDT and DAI previously deposited into Curve on Earn will be automatically redeemed and transferred into your Funding Account.

Current Promotions

  • OKCoin AMA rewards — Sign up for ongoing OKCoin AMA events via Eventbrite for a chance to win up to $50 in crypto. More details here
  • DOT rewards — If you buy $10 worth of DOT, you can get $10 in DOT back. You can also enter a pool for a chance to win $1,000 in DOT when you purchase over $50 worth of DOT. Learn more here.
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