OKX, a leading MiCA licensed cryptocurrency exchange and global onchain technology company, today announced the launch of OKX Simple Earn for customers across Europe, 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 have reshaped the European crypto landscape. Several major platforms have withdrawn or restricted stablecoin reward products for European users, leaving many customers holding idle assets with limited options to put them to work. OKX Simple Earn is built specifically to address this gap.
OKX Simple Earn 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 Simple Earn 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. “Simple Earn brings yield to European customers through a transparent lending model, while keeping assets liquid and accessible 24/7.”
Key Features of OKX Simple Earn
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Hourly Yield Accrual
Rewards accumulate every hour based on real-time market demand, ensuring users are continuously compensated while their assets are active.
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No Lock-Ups, Full Liquidity
Assets can be redeemed instantly, with no fixed terms or waiting periods, allowing users to trade or withdraw whenever needed.
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Transparent, Regulated Environment
Yield is generated through a clear supply-and-demand lending mechanism, supported by strict collateral requirements and risk controls for borrowers.
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Multiple Supported Assets
Customers can participate with popular assets including USDC, BTC, and ETH.
For customers transitioning from platforms that have reduced yield offerings in Europe, Simple Earn 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 Simple Earn is now available to eligible European customers via the OKX platform. Customers can activate Simple Earn 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.