How do I use On-chain Earn?

Published on Aug 18, 2023Updated on Nov 29, 20243 min read44

What's On-chain Earn?

OKX On-chain Earn offers you two ways to earn rewards: Proof-of-Stake (PoS) staking and DeFi protocols. PoS staking involves holding and staking cryptocurrency tokens to secure the network and receive rewards in the form of newly minted tokens or transaction fees. DeFi protocols enable you to earn rewards by providing liquidity, participating in yield farming, and borrowing or lending cryptocurrency. This guide explores different methods, including mining, staking, liquidity mining, and lending, to help users earn passive income with cryptocurrencies.

How can I do ETH staking?

On the app

  1. Open the OKX app, go to Grow, and select Earn and On-chain Earn

    CT-app-onchain earn landing

    Opening On-chain Earn page

  2. Find the ETH banner and select Find out more to access the ETH staking page

    CT-app-onchain earn-ETH banner

    Select Find out more on the On-chain Earn page

  3. Select Stake now to begin ETH staking

    CT-app-onchain earn-ETH entrance

    Select Stake now to begin ETH staking

  4. Insert your amount in the Amount field. If you've got an insufficient amount, you can select Top up to deposit a sufficient token amount before continuing.

  5. Read through the schedule summary and select the checkbox to agree with the user agreement

  6. Select Subscribe to complete the request

    CT-app-onchain earn-ETH subscribe

    Insert the subscription details to complete your order

On the web

  1. Log in to your account at okx.com and go to Grow > Earn > On-chain Earn > ETH Staking

  2. Select Stake now to begin ETH staking

    CT-web-onchain earn-ETH landing

    Select Stake now to begin ETH staking

  3. Insert your amount in the ETH amount field. If you've got an insufficient amount, you can buy or deposit a sufficient ETH token amount before continuing.

  4. Select the checkbox to agree with the user agreement and Continue to complete the request

    CT-web-onchain earn-ETH subscribe

    Insert the subscription details to complete your order

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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