USDG Convert Fees Change Announcement
OKX would like to inform you that the 1:1 pricing between USDC and USDG for offshore clients will be discontinued.
Following this change, USDC <> USDG conversions will be subject to a 0.03% (3 bps) markup.
This change will take effect next Wednesday.
Thank you for your understanding and continued support.
How to get USDG
You can obtain USDG by accessing Convert. Each user has a daily low-slippage swap limit of 2 million of the following cryptocurrencies:
Crypto | Daily cap (buy and sell included) |
USDT | $2,000,000 |
USDC | $2,000,000 |
Note: Actual losses are subject to the product page.
How to access your rewards
Transfer USDG into your OKX account and maintain a balance of at least 1 USDG in your funding or trading account. Rewards will start accruing from the day after your deposit.
Go to Asset under Earn. Select USDG to view your rewards.
Go to Earn under Explore. Select USDG to view your rewards.
FAQ
When and how are rewards distributed?
Rewards are distributed every Wednesday directly to your funding account.
How are rewards calculated?
OKX takes the lowest hourly snapshot balance of each day as your eligible balance for that day's rewards.
Your weekly reward = (Sum of daily lowest hourly snapshot balances) × (Current APR / 365) × (Number of days you held USDG that week).
Example:
If you purchase USDG on day 1 and your previous balance was 0, then your lowest hourly snapshot balance for that day is 0.
If you hold USDG for only 3 days in a given week, you will receive rewards for those 3 days on the following Wednesday.
Disclaimer
This Rewards program is not (i) investment advice or an investment recommendation; (ii) an offer or solicitation, buy or sell crypto/digital assets; or (iii) financial, accounting, legal or tax advice. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. Crypto/digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, can lose value. Historical returns are not indicative of future returns and past performance is not indicative of future results. OKX is not responsible for any potential losses. Not all products offered in all regions and this activity may be limited or not offered in some markets. Please consult your legal/tax/investment professional for questions about your specific circumstances.
OKX Team
February 20, 2025