If interest isn't paid, it's automatically rolled over and added to your outstanding loan principal each hour. You only pay for what you use, for as long as you borrow.

On the app Explore > Loan > Borrow Now > Enter the loan amount and select the collateral > Continue Check and confirm the Flexible Loan User Agreement, Risk Terms and Conditions > Confirm Note: after completion, you can view the order details in Loan management.On the web Grow > Loan > Borrow now > Enter the loan amount and select the collateral > Review loan Check and confirm the Flexible Loan User Agreement, Risk Terms and Conditions > ConfirmHow can you borrow to earn?

After fulfilling the requirements, you can activate Pay by following these steps: How do I activate my Pay?4. How do I make a payment on Pay? Here’s a simple guide for you to make a payment on OKX app: Load the Pay mode at the top right corner of the OKX app Select the Pay option > Pay any contact Enter the amount you'd like to pay Select the recipient by their name, phone number or email address Review the transaction details and select Pay5.

You’ll receive these earnings when you deposit xBETH, which will be converted back to BETH. Aside from withdrawal, you can use your BETH in the following ways: Spot trade BETH/USDT and BETH/ETH. Use BETH as collateral for loans and trading. Use BETH as campaign entry to earn airdrop rewards.8. Can I use BETH as collateral? Yes, you can use BETH as collateral for Margin and Loan products while continuing to earn staking rewards.9. How long does standard redemption take?

OKX may then sell your collateral and assets to pay down your loan liability. This may result in losses to you. As such, overdue loans should be repaid as soon as possible.7. Rollover A rollover functionality will be enabled 7 days (168 hours) before maturity of the current term.

Simple Earn checks borrowing demand every hour and sorts lending bids by the minimum lending APR from the lowest to the highest until the total loan demand is satisfied. The applicable interest rates paid by the borrowers will be set by OKX with reference to the highest accepted minimum lending APR and other market conditions. Simple Earn matches loans based on the following rules: If your minimum lending APR is lower than the market APR, your funds will be loaned at the market APR.

After confirming the above, try backing up your wallet again. Visit OKX wallet FAQ or contact our OKX Assistant for further assistance.

If you converted non-Pay assets to Pay assets, you'll notice a decrease in your Convertible category and an increase in your Pay ready category. The changes will be reflected in a couple of minutes, ensuring your balances are updated in real-time. Learn more about other parts of Pay here.

After updating, try using your Pay Passkey again.

There is a quick onboarding process within Pay, you can set it up by generating a passkey on your device — it's quick and secure. If you want to learn more about Pay, visit here.

Learn more on how you can spot scams here.What should I do during or after a scam? When users encounter scams in the cryptocurrency industry, they should consider taking the following steps: Stop sending any further payments: don't let the scammer convince you to send more to "recover" your losses — this is a common tactic. Secure your OKX account: if you shared your OKX login credentials or clicked a suspicious link, change your password and 2FA settings right away.

The platform will use your ETH and BTC to place Immediate or Cancel (IOC) to convert them to USDT first, then use the USDT to buy back 400 SOL. Then, use ~100 SOL worth of BTC to complete the repayment. The remaining BTC (~200 SOL) stays in your account. Review and confirm: after selecting your collateral, confirm the repayment. Make sure to check your updated loan amount, Loan to Value (LTV), and ensure your LTV remains within a safe range.

If your order as a taker buyer was canceled due to a payment timeout, reordering is straightforward. Here's how you can reorder quickly and securely, ensuring a smooth trading experience on our platform. For Taker buyer: select the Need Help? option on the order details page Proceed to select Need Help For Maker buyer: the new reorder flow isn't available. You can submit a dispute via the Raise a...

Recurring Transactions (if offered) By enabling a recurring purchase in Apple Pay you authorise us to debit your Card until you cancel. Cancel anytime in the app under Settings → Recurring Buys. No Warranty Apple Pay is provided “as is” without warranties of any kind.

No Warranty Google Pay and the tokenised Card are provided “as is” and without warranties.