OKX Simple Earn (Savings) — XRP

General information for everyone, not personal advice. We are never paid by the products we grade and take no commission on deposits. A risk grade is not a credit rating or a recommendation.

• -25 The exchange holds the keys (OKX (the exchange)). If it fails or freezes withdrawals, you wait in line with its other customers.

The facts

Rate

1.00% a year (the exchange's published flexible rate (it can change at any time))

Size

$30.7B (the exchange's total on-chain reserves (DefiLlama), not this product)

Lockup

None (flexible).

Getting your money out

Redeem any time, usually within minutes, back to your exchange balance.

Who holds the keys

An exchange: OKX (the exchange)

Chain

Exchange account

Bridge

None

Age

Since Jan 1, 2017

Audits

Not applicable

Availability

OKX.com is not available to US residents (OKX US is a separate service).

Data source

OKX public rate endpoint · read Oct 16, 17:55 UTC

• The exchange lends your coins to its margin traders or uses them elsewhere; how is not published per product.

Product site: www.okx.com (no referral code; we earn nothing if you use it)

Email me if this grade changes