--- title: 'OKX Simple Earn Tutorial for Beginners' source: 'https://youtube.com/watch?v=UqhTXDC43jw' video_id: 'UqhTXDC43jw' date: 2026-08-05 duration_sec: 360 --- # OKX Simple Earn Tutorial for Beginners > Source: [OKX Simple Earn Tutorial for Beginners](https://youtube.com/watch?v=UqhTXDC43jw) ## Summary This video is a beginner-friendly tutorial on how to use OKX's Simple Earn feature to lend out crypto assets and earn interest. The presenter explains the difference between flexible and fixed lending terms, demonstrates how to set up a flexible lending position on the app, and discusses factors like APR, historical rates, and bonus rules. ### Key Points - **Introduction to Simple Earn** [00:01] — Simple Earn is a feature on OKX where you lend out assets, typically USDT or USDC, to borrowers in various markets (margin, futures, etc.) and earn interest in return. - **Flexible vs Fixed Terms** [00:40] — Flexible lending allows you to deposit and withdraw anytime, with a variable interest rate. Fixed lending locks your funds for a set period (e.g., 90 days for USDT) and offers a fixed interest rate. - **How Interest Rates Work** [01:37] — Your funds are pooled with other lenders, and borrowers borrow from that pool. The interest rate is determined by supply and demand, so it can fluctuate. - **Understanding APR** [02:03] — APR (Annual Percentage Rate) is shown on a yearly basis. For example, a 1.36% APR means you'd earn 1.36% over a year. The displayed rate is the 'past hour APR' and can change. - **Checking Historical APR** [02:49] — To make informed decisions, check the historical APR chart. It shows how rates have varied over time, helping you gauge current demand and potential returns. - **Setting Up a Lending Order** [03:17] — Choose the amount to lend, set a minimum APR (e.g., 1%) to stop lending if rates drop below that, and review bonus rules (e.g., first $500 gets 10% for 180 days). - **Subscribing and Managing** [04:37] — After agreeing to terms, you subscribe and your funds are lent out. You can track your balance and interest earned in the 'Earn' section, and redeem anytime if flexible. ### Conclusion Simple Earn is a straightforward way to earn passive income on your idle crypto, but it's important to understand the difference between flexible and fixed terms and to monitor APR fluctuations. Always review historical rates and bonus offers to maximize returns. ## Transcript simple earn on OKX. I'll show you on the app. If you want to know how to use the down in the description below. In the application, we go down to the bottom the screen, you should see simple earn. So, we'll click this. So, what exactly is simple earn? Simple earn is where you're lending out some of the assets that you have, and you're doing that on OKX. Now, on the other side of that, those assets and pay you a small interest rate. So, OKX has many different markets, right? You can trade on margin, you can trade in the futures market and everything else. And so, some of those markets, people will require to borrow some assets for a period of time, and you can lend to them. So, that's exactly it. And for the most part, you'll be lending either USDT or USDC, just US dollar stable coins. So, you'll lend that out, and then people will borrow. Now, there's two ways we can do this. The first is flexible. That means that we can put our money in, and we can take it out whenever we want. So, we can lend it for a minute or 3 weeks or whatever else. And it's flexible in that just press redeem and it comes back to you. The other option is fixed, which fixes the term. For example, on USDT, you can see the term is 90 days. It's actually sold out. But if you want a fixed term, you can lend for 90 days. You can't redeem before that. Um and if you lend for 90 days, you will get a fixed interest rate as well. So, fixed term, fixed interest rate. Now, with flexible, that is flexible term, flexible interest rate. Meaning, when you lend out the USDT, the interest rate might go up, it might go down. Um you out if you want, whenever you want, if the interest rate gets too low. If it's What actually happens with simple earn is that you are lending your money into a big pool of assets. So, there's lots of people that have dollars, they're are borrowers on the other side that are going to borrow from that pool, and then and and demand dictates what the interest rate is. So, let's go ahead and then some money in. I'll show you USDT. So, up at the top we're going to use the flexible terms, so I'll click this. And then up at the top it says past hour And then up at the top it says past hour APR. So, APRs or APYs are given over a yearly basis. So, what this means is if you had your money in flexible earn for 1 year, you would earn 1.36% over that year. So, the interest rate's not can decide whether you want to do that or not. You might be watching this, the interest rate might be 5, 6, 7%, maybe even less than this. Um but that is a past hour APR. So, in the past hour really that the APY is very low, right? 1.36%. However, in 5 hours time, if the APR uh APR will go up as well. What you really need to do is figure out historical APRs. So, on the right-hand side in the middle you can see historical APR. We it changes, right? So, if we go to the 1 year you'll see that a few months back the interest rate was much higher, topping out at about 12%, but it was 7, 5, 9, right? You can see that here. And recently uh the market's, you know, a little bit sideways, so there's not really much loan demand. Uh so, you can high demand period or not and whether you want to loan out. So, what we have is go to the amount and just choose how much that you want to lend. click where that money comes from. It's going to automatically give you how much USDT you have to lend out. Uh and then the min lending APR, this is essentially the the lowest API you want to lend at. Now, I would just put this as maybe the lowest you think it can get to because if you've got the money in there, um then any API like is better than zero, right? But you can put some minimum amount in. I'll just put one. So, that means that if the API in the market goes below one, you'll stop do that, so maybe put like 0.5 or whatever, but I think one is probably about the lowest uh it's going to get to. Uh, so you can do that. So, we're lending APR. And anything above that, we we will be uh lending out our USDT. Now, you can see here the bonus rules that the first $500 that the first $500 uh is getting 10% for 180 days. So, if you want to just fill up that amount, you'll be getting 10% for that time. And runs out and you'll go back to the normal rate. And then after the first uh first 500, it goes down to the normal rate. So, if you want to go ahead, you can see the schedule here. You're going to subscribe now. Return accrual will be And then the return distribution exactly will be the same day as well, right? So, know, what you earn that day and that will come back into your simple earn. Uh, just go ahead and agree to the terms and conditions. We're going to lend now. in lending that USDT now. And we have a balance there. You can go and check your simple earn balances, any interest that you've earned, and you can redeem as the bottom of the app, press assets right here. And then where it says right-hand side it says earn. So, we're going to click that. And it's going to show me all of my earn balances. Down at the bottom, you can see USDT. So, I'm down at the bottom of the app it says manage order. So, I'm going to click that. You can see all of the order details. So, we've got $100 lent out. I think we have to wait an hour before it starts racking up. I haven't actually lent anything right now. Um, but there is a 10% APR bonus that I'm getting anyway if I keep my money in there. You can actually see that the bonus is for can actually see that the bonus is for new users. And uh I've lent out some uh simple earn before, so I've only got 176 days left. From here though, if you want the bottom, go through the same process. If you want to redeem, just press that. let's say that I want to redeem the whole amount. Because this is flexible, confirm, and that money will go back into my trading account. If you don't sign-up bonus link down in the description box below. I'm James from Money Z G. Cheers for watching, and I'll see you in the next one.