Dear OKX OKEx Users,
Following our recent announcement regarding the "OKX OKEx Notice on Reopening Withdrawal Functionality and Related Matters," we will reopen withdrawals before November 27, 2020 (HKT). To apologize for any inconvenience caused during the withdrawal suspension period and to express gratitude for our loyal users' trust, we're launching a comprehensive series of appreciation activities.
Key Compensation Initiatives
Active User Reward Fund:
- 20% of total contract fees from 7 weeks will be distributed as encouragement funds
- Based on asset holdings and trading activity (OKB holdings receive double weighting)
High-Value User Rebates:
- Users with >10,000 USDT in assets on November 24, 2020 (HKT) snapshot
- Receive between 100-1,000 USDT in fee rebate cards
Weekly Contract Fee Rewards:
- Ongoing Friday distributions with OKB holders receiving double weighting
Fiat Loss Compensation:
- Users experiencing fiat losses during suspension period
- Eligible for up to 1,300 USDT in combined cash/rebates
Detailed Compensation Plan
Happy Friday Encouragement Program
Activity Period:
Starting December 4, 2020 (HKT), recurring weekly
Eligibility:
- All users with ≥100 USDT daily average assets OR ≥100 USDT daily trading volume
- KYC level ≥2
Distribution Rules:
- 20% of weekly contract fees distributed in BTC
- Based on asset value (OKB weighted 2x) and trading volume
- Caps: 10,000 USDT for assets, 30,000 USDT for trading volume
👉 Learn more about OKX's compensation programs
Peer Customer Fee Rebate Program
Snapshot Criteria:
November 24, 2020 (HKT) asset balance >10,000 USDT
Rebate Structure:
| Asset Range (USDT) | Rebate Amount (USDT) |
|---|---|
| 10,000-100,000 | 100 |
| 100,000-200,000 | 200 |
| 200,000-300,000 | 400 |
| 300,000+ | 1,000 |
Note: Assets calculated across master/sub-accounts
Fiat Loss User Compensation Plan
Qualifying Period:
October 21 - November 23, 2020 (HKT)
Requirements:
- Experienced fiat losses with no incoming transfers
- Must deposit within 7 days of withdrawal reopening
Compensation Formula: Min((New deposits × Loss ratio), Total fiat loss)
- First 300 USDT paid in cash
- Remaining up to 1,000 USDT in rebate cards
Frequently Asked Questions
Q: When will Happy Friday distributions begin?
A: The first distribution occurs December 4, 2020 (HKT), covering the initial 7-week suspension period.
Q: How are OKB assets weighted differently?
A: OKB holdings receive double value in both asset calculations and trading volume assessments.
Q: What happens if I qualify for multiple programs?
A: All eligible users may participate in all programs they qualify for simultaneously.
Q: Are rebate cards transferable?
A: No, all rebates and compensation are non-transferable and tied to the qualifying account.
👉 Discover OKX's full range of user benefits
Final Notes
All compensation programs represent OKX OKEx's commitment to user satisfaction. The platform will continue optimizing services while developing new user benefits. We sincerely appreciate your continued trust and support.
OKX OKEx Team
November 24, 2020 (HKT)