Last Updated: June 15, 2023
1. Overview
1.1 The Auto-Earn Service ("Service") is a value-added feature provided by Aux Cayes FinTech Co. Ltd. ("OKX") enabling users to earn interest on idle digital assets deposited on the OKX Platform. By using this Service, you agree to comply with this Auto-Earn User Agreement ("Agreement").
1.2 Your use of the Service constitutes acceptance of all terms herein. Failure to agree prohibits Service access.
1.3 This Agreement supplements the OKX Terms of Service. Conflicting terms prioritize this Agreement.
👉 Key Takeaway: Activating Auto-Earn binds you to these terms. Always review updates.
2. Definitions
2.1 Auto-Earn: A savings product for earning flexible returns on idle digital assets ("Idle Assets" = assets unused for 6+ hours).
2.2 Service Features:
- 24/7 activation, subscription, and redemption.
- Interest accrual on locked assets.
2.3 APY (Annual Percentage Yield): Estimated returns indicator; not a guarantee.
2.4 Service Fee: Charges applicable for transactions (e.g., subscriptions/redemptions).
3. Eligibility
3.1 You confirm:
- OKX holds your digital assets.
- You delegate voting rights to OKX.
- Minimum deposit/redemption limits may apply.
3.2 Requirements:
- Age 18+ with legal capacity.
- Compliance with local laws.
- Legal ownership of deposited assets.
3.3 Prohibited Actions:
- Illegal activities (e.g., money laundering, market manipulation).
👉 FAQ: Can I use Auto-Earn without KYC?
Yes, but KYC unlocks bonus APY.
4. Using the Service
4.1 Commands (e.g., subscribe/redeem) are irreversible.
4.2 Interest Calculation:
- Hourly rates apply upon successful asset matching.
- Redemption: Assets return instantly (varies by currency).
4.3 Limits:
- Deposit/subscription limits per asset type.
- Master/sub-accounts share limits.
4.4 Service Fees: Published on OKX Platform; subject to change.
5. Risks & Liabilities
5.1 No Guaranteed Returns: APY is theoretical; actual yields may differ.
5.2 Force Majeure: OKX isn’t liable for delays/cancellations due to:
- Technical failures.
- Legal/regulatory changes.
- Natural disasters.
👉 Anchor Text: Learn how APY works.
6. Termination
OKX may suspend/cancel access if:
- You violate terms.
- Regulatory requirements demand it.
7. Dispute Resolution
- Mediation: Via HKIAC.
- Arbitration: Binding HKIAC-administered arbitration (seat: Hong Kong).
8. Miscellaneous
8.1 Updates: OKX may modify terms unilaterally; check revisions periodically.
8.2 Governing Law: England & Wales.
8.3 Language: English prevails over translations.
👉 Final Note: Always monitor your Earn Account for real-time updates.