OKX DeFi will suspend services for Compound products

 Latest Announcements    |      2022-09-01

All asset withdrawals will be suspended from 19:00 pm UTC on August 30, 2022 due to Compound protocol upgrades (Proposal 119).

The upgrade will last for approximately 7 days and we will notify you once the upgrade is completed.

 

We will continue to keep your assets safe and secure during this period:

  1. OKX DeFi Compound products will suspend subscriptions, redemptions, and rewards distribution during this Compound protocol upgrade. Assets involved include USDT, USDC, TUSD, and COMP.

  1. Requests to redeem after 03:00 am UTC on August 30, 2022 will be processed after the upgrade in the order that requests were received.

  1. You will be able to redeem assets and receive rewards for Compound products once the upgrade is completed. We will send out a notification separately.

  1. Our team at OKX will conduct a strict evaluation once the upgrade is completed. We will send out a separate notification once Compound products are ready to go online and welcome subscriptions again.

 

We apologize for any inconvenience this may cause you.

 

OKX

September 1st, 2022 (UTC)

 

 

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A step-by-step guide to purchasing and selling crypto on OKX,


Step 1: Log in to your OKX account
Before you can start buying or selling cryptocurrency on OKX, you must first log in to your OKX account. If you do not yet have an account, click Sign up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKX account, click Buy Crypto in the upper left-hand corner of the screen to get started.
Step 3: Select your purchasing method
The next step is to choose how you would like to buy or sell . There are two primary options on OKX: Express and P2P trade.



Finally, simply confirm your transaction details.


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