Introduction to Crypto Lending & Borrowing on OKX Platform

Introduction to Crypto Lending & Borrowing on OKX Platform

People often highly regard the old notion of “Money Makes Money” which is currently cruising through the ears of every trader in the crypto ecosystem. With the market moving in a healthy way forward, more and more investors are hopping in with big money and those who can’t afford it are now looking out for crypto borrowing, giving a big room for people to earn passive income by getting into crypto lending as well.

OKX C2C Loan feature at OKX Earn section allows OKX users to either take a loan or lend money to its users and earn a passive income out of it which is far better than conventional banks F.D Rates.

Let’s take a look at how we can apply for a loan on OKX and how we can borrow crypto.

Borrow USDT on OKX With C2C Loan (Desktop Version)

  1. Go to the ‘LOAN’ section or directly visit this page –

2. You then need to specify how much you want to borrow. In this case, we will be choosing to borrow USDT from the drop down menu.


3. We then need to check the duration of loan repayment period and the borrow interest percentage. Simply click on the blue colored ‘Borrow’ button.


4. You will then be asked to enter all the details like how much you would like to borrow, loan duration period, and how much collateral you want to place. Once everything is done, check on the Terms and Agreement and click on “Next Step”.


NOTE – You can take a loan on OKX using BTC, ETH, OKB, LTC, BCH, EOS and BSV as collateral. Also, you can take a maximum of 65% of your collateral amount as loan. The loan term durations are 3 days, 7 days, 15 days, 30 days, 45 days, 90 days and 180 days. In this case, OKX is offering an interest rate of 0.020% per day which is 7.3% annual interest rate (far better than bank loans).

5. You then need to confirm the details once again which shows you the final loan details. If everything seems alright, simply click on the blue colored “Confirm” button.


6. You can then review your loan request by simply going to the “My Loans” section. When the loan is initiated, your loan status will be shown as “Borrowing”.


7. If you want to repay the Principle Amount + Interest rate, you can simply click on three dots under “Action” tab. There itself you will see all the loan details and then you need to click on the blue colored “Repay Now” button.


8. And that’s how you take a loan and repay it on the OKX platform.

Lend USDT on OKX With C2C Loan (Desktop Version)

  1. Go to the OKX Earn section or simply visit –

  2. Then you need to browse through all the tokens and find USDT Token.


3. Simply click on the “Select” button on the USDT token slab and then you will get 4 main options in the drop down menu. Simply select “C2C Loan” by clicking on blue colored “Subscribe” button.


4. You then need to browse through all the C2C Investment schemes and select the right one for you accordingly.


5. Once you select the investment scheme according to your choice, you will be asked to put in your USDT to provide a loan to other peers. It will show you all the details. Simply click on the blue colored “Continue” button.


6. You can also read the ‘Risk Control’ section which consists of three main points: Pledged assets, Loan to value (LTV) and Interest on late payment. If everything seems fine, simply click on the “Continue” button.


NOTE – Collateral value is the value held by the borrower who you are lending to take the loan. Alert level is the value at which the borrower will get a reminder to increase his collateral value. Liquidation level is the value at which your investment will come back to you along with the interest (adjusted according to the number days) since the borrower failed to increase his collateral value. A high LTV means that it’s risky to give a loan to the borrower. “Late Interest Rate” means that it is the penalty that will be applied to the borrower if he pays the loan late.

7. You can then review your lending by checking on the “My Earnings” section and selecting “Loans”.



Lending and borrowing loans on OKX is super easy and super fun. The best part about lending and borrowing is the competitive interest rates at which you can draw or lend funds which far better than the conventional banks interest rates.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involve significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.