On the app Explore > Loan > Borrow Now > Enter the loan amount and select the collateral > Continue Check and confirm the Flexible Loan User Agreement, Risk Terms and Conditions > Confirm Note: after completion, you can view the order details in Loan management.On the web Grow > Loan > Borrow now > Enter the loan amount and select the collateral > Review loan Check and confirm the Flexible Loan User Agreement, Risk Terms and Conditions > ConfirmHow can you borrow to earn?

After confirming the above, try backing up your wallet again. Visit OKX wallet FAQ or contact our OKX Assistant for further assistance.

What's an OKX Flexible Loan? Cryptocurrency loans, often referred to as crypto-backed loans, involve borrowers using their digital assets as collateral to secure a loan. This concept allows users to access liquidity without the need to sell their cryptocurrencies, providing flexibility and preserving long-term investment strategies. OKX Loan is no different, as it allows users to increase cash flow without selling off their crypto.How do OKX Flexible Loan works?

Learn more on how you can spot scams here.What should I do during or after a scam? When users encounter scams in the cryptocurrency industry, they should consider taking the following steps: Stop sending any further payments: don't let the scammer convince you to send more to "recover" your losses — this is a common tactic. Secure your OKX account: if you shared your OKX login credentials or clicked a suspicious link, change your password and 2FA settings right away.

No Warranty Google Pay and the tokenised Card are provided “as is” and without warranties.

Recurring Transactions (if offered) By enabling a recurring purchase in Apple Pay you authorise us to debit your Card until you cancel. Cancel anytime in the app under Settings → Recurring Buys. No Warranty Apple Pay is provided “as is” without warranties of any kind.

You deposit funds into the platform, which are then loaned out to borrowers. The interest paid by borrowers is passed on to you, the lender. When you lend your idle funds for a fixed period, the platform allocates them to meet borrowing demands according to the annualized lending rate displayed in the product. Interest starts to accrue once the matching borrowing order is funded, and you'll start earning interest daily.

Valid bank statements Tax form, tax statement, or tax return Pay stub that contains a residential address Valid rental agreement (the remaining tenure cannot be less than 2 months) Valid utility bills such as water, electricity, gas, home-attached TV or internet bills, or landline telephone bills. Mobile phone statements are not acceptable.

Note: always back up the QR code during setup in a safe place. You’ll need it if you ever switch devices. You can turn off or change your authenticator app at any time.

If the user does not pay attention to distinguishing it, he/she will click the link to enter the phishing website or download the Trojan horse program. Once the Trojan horse program runs, it can monitor the sensitive information entered by the user and get it.

Always back up your Web3 wallet's private keys and seed phrases before uninstalling or updating the app to keep your assets safe.

If a potential winner fails to sign and return these documents within the required time period, he/she will forfeit the prize.

Don’t rush to make the payment if the remaining time in the payment window is insufficient, as the order may be canceled if you transfer funds after the timeout.What safety practices should I follow during P2P trades? Never engage in any form of communications off-site — always stay on our in-app chat. Don't share personal information like CNIC, bank credentials, or selfies. Don't pay after the order timeout period, as you lose escrow protection.

Do I need to pay network fees for failed transactions in OKX Wallet? Yes. You need to pay a network fee for processing the transaction when you initiated operations, such as sending/transferring crypto on the network. Since there's network resource consumption while processing the transaction, you have to pay for it whether the transaction succeeds or fails. OKX wallet doesn't charge this network fee and is unable to refund it.10.

Your earnings come from the rate that traders pay to use crypto they borrow. Low Risks We protect your assets in Simple Earn with strict risk control; industry-leading security measures and advanced infrastructure.When will I start earning? Once your order is submitted, it will be matched with the borrowing demand on the market. Once your order is matched to borrowing demand, your subscription will start earning interest.