For example, if a customer borrows crypto at 22:55, no interest is recorded at that time. At 23:00, the customer's interest is calculated based on the interest-bearing liability, and the interest is deducted at 23:00. If the customer repays the borrowed cryptos at 22:57, that borrowing will not incur any interest.3.

For example: If you borrow assets at 22:55, interest isn’t charged immediately. At 23:00, the system checks your outstanding liabilities and calculates interest accordingly. If you repay the borrowed assets at 22:57 (before the next hourly settlement), no interest will be charged for that borrowing. Interest is automatically deducted from your account at each settlement time.

(Sat) ETC/USDT Bought: April 6, 2023 Sold: April 22, 2023 +500 USDT 50 USDT April 23 (Sun) BTC/USDT Bought: April 6, 2023 Sold: April 23, 2023 +100 USDT 10 USDT New settlement period starts April 24 (Mon) ETH/USDT Bought: April 24, 2023 Sold: April 24, 2023 +300 USDT 30 USDT April 25 (Tue) BTC/USDT Bought: April 24, 2023 Sold: April 25, 2023 -1,000 USDT 0 Settlement period (April 17 - 23) Net PnL in settlement period: 200 - 50 + 300 - 500 + 500 + 100 = 550 USDT Total withholding amount: 20 + 30

Our DeFi lets you manage all your DeFi investments right from the OKX Wallet and serves as a powerful gateway to 22 chains and 3000 investments with 100 protocols like Aave, Curve, Compound, and Yearn, and Arbitrum. With DeFi, earn yield on your assets by either staking tokens or providing liquidity to DeFi protocols.

For example, to trade $500 worth of ETH for DAI, the order is routed across four pools: UniswapV2(50%) Kyber (22%) Sushiswap (18%) 0x (10%)Best routing Smart order routing algorithms scan for all possible execution opportunities. For example, if you want to trade sUSD for ETH, a direct sUSD > ETH swap might not be the best option. In this case, it requires an sUSD > USDT/DAI swap and then a USDT/DAI > ETH swap to get the best rates.

(Sat) ETC/USDT Bought: April 6, 2023 Sold: April 22, 2023 +500 USDT 50 USDT April 23 (Sun) BTC/USDT Bought: April 6, 2023 Sold: April 23, 2023 +100 USDT 10 USDT New settlement period starts April 24 (Mon) ETH/USDT Bought: April 24, 2023 Sold: April 24, 2023 +300 USDT 30 USDT April 25 (Tue) BTC/USDT Bought: April 24, 2023 Sold: April 25, 2023 -1,000 USDT 0 Settlement period (April 17 - 23) Net PnL in settlement period: 200 - 50 + 300 - 500 + 500 + 100 = 550 USDT Total withholding amount: 20 + 30

Australia Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service).

OKX provides Proof of Reserves for up to 22 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as Tether (USDT) and USD Coin (USDC).Why are the assets in my account inconsistent with the snapshot? For example, when you have open margin trading positions in your account, the value of these positions can fluctuate based on market conditions.