OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of OKX Crypto Rewards for customers across the European Economic Area (EEA), offering a secure, flexible way to earn yield on idle crypto assets such as USDC, BTC, SOL, and ETH, including an average historical annualised yield of around 3.5% on USDC. The launch comes as recent regulatory changes reshaped the European crypto landscape. OKX Crypto Rewards provides liquidity for Spot Margin trading on OKX, enabling active traders to access the assets they need to open and manage positions.

Customers’ idle assets are matched with vetted borrowers, and traders pay to borrow this liquidity in real time. This demand-driven market mechanism is what generates yield for Crypto Reward participants.

“Our European customers have made it clear: they want a compliant solution that doesn’t force them to sacrifice flexibility,” said Erald Ghoos, CEO of OKX Europe. “Crypto Rewards brings yield to European customers through a transparent lending model, while keeping assets liquid and accessible 24/7.”

Key features include hourly yield accrual, with rewards accumulating every hour based on real-time market demand. No lock-ups, full liquidity, as assets can be redeemed instantly, with no fixed terms or waiting periods. A transparent, regulated structure is supported by collateral requirements and risk controls for borrowers, and the program supports assets such as USDC, BTC, and ETH.

For customers transitioning from platforms that have reduced yield offerings in Europe, Crypto Rewards provides a familiar yet more flexible alternative. For newer crypto holders, it offers a straightforward way to put idle assets to work without navigating complex DeFi protocols or committing to long-term lock-ups.

OKX Crypto Rewards is now available to eligible European customers via the OKX platform. Customers can activate Crypto Rewards with just a few clicks and begin earning hourly rewards immediately, while maintaining full control over their assets. Historical figures are indicative only and may vary based on market conditions.

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