Updated. Crypto exchange OKX is currently offering a few different bonuses which may be stackable. Details below.
- New customers: $200 referral bonus Should auto-populate the promo code 79795662. Thanks mine, thanks if you use it!
- New and existing customers: 5% APY on USDG while you hold.
- New and existing customers: Free crypto via X Drops Club. Must maintain a $1,000+ portfolio of crypto (cash, USDC, USDT and USDG stablecoin does not count). BTC, ETH do count. You must also “join” each airdrop before the window closes. More details here and here.
1. $200 New customer bonus details. For new OKX customers:
- Sign up via special referral link. I think they allow either smartphone or browser sign-up, but identity verification may be easier on a smartphone. That’s my referral link, which should auto-populate with the promo code 79795662. Thanks if you use it!
- Complete identity verification (driver’s license and smartphone selfie).
- $200 BTC Bonus if you deposit $200+ of either cash (link bank account via Plaid) or crypto within 30 days, trade that $200 or more of crypto (can purchase stablecoin like USDG), and hold the assets for at least 30 days within a 90-day period. After 90 days, the bonus will be tradable and withdrawable.
- Stablecoins such as USDG, USDT, and USDC qualify for deposit, trading volume, and AUM holding requirements.
You should get confirmation of the bonus shortly after linking a bank account and making the trade. Here’s some app screenshots regarding my bonus, which are pretty clear. I did mine on 10/21/25 and so mine unlocks on 1/19/26.
2. OKX is also paying 5% APY on USDG deposits currently. The deposit bonus works out to a payout of 5% over 90 days, or 20% annualized + 5% APY = 25% total annualized return over 90 days. In other words, if I put in $5,000, in 90 days I’ll expect to take out an extra $250 + ~$62 in interest = $312.
The app does a good job of showing you exactly how many days you have left in the hold period. If you see a date that is 180 days out, that refers to the 180-window. You have to meet the tier for 90 days within a 180-day window.
USDG stablecoin is not FDIC-insured. They claim to be fully backed by US Treasury Bills with monthly audits and regulated by Singapore, but I still plan to withdraw my USDG out into a real bank as soon as the holding period is over.
3. X Drops Club is a recurring rewards program with automatic daily drops that scale with a user’s eligible crypto balance. Must maintain $1,000+ in eligible crypto assets (excluding fiat, USDC, USDT, and USDG).
Please perform your own due diligence on crypto apps. They are not regulated on the same level as bank account or brokerage accounts. I usually don’t like to keep significant funds in there any longer than is required for the bonus to clear; in this case the reward/risk ratio is acceptable to me. Here is the OKX Wikipedia page and they are profiled in the Forbes article “The World’s Most Trustworthy Crypto Exchanges”. (Also see: Kraken and Gemini bonuses.)
Note: OKX does not allow customers to be individuals residing in New York, Texas, American Samoa, Guam, the Northern Mariana Islands, and the US Virgin Islands.
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How do you “opt in” to the 10% deposit match bonus? I can’t find on website
You may have to use the app, I can’t see in on the desktop site either. It’s tracked clearly in the app.
How do you report this on taxes? Does TurboTax address, or do you need to use another service?
So just to be clear… use your code for the 1st bonus but before depositing anything opt in to the “match” bonus, than basically deposit $3000 and buy $200 of USDG and leave it for 90 days then withdraw it all and that is it? Just wanting to be clear as I might do this.
Yes, except you need to buy $3000 of USDG to get the $300 bonus on top of the $200 referral. If you only want the $200 referral, then you only need to deposit $200 and buy $200 of USDG.
I completed this in ~10 minutes and received the $500 bonus ~5 minutes later. Download the app. When you go to sign up there is a spot to enter Jonathan’s referral number.
In regard to the signup bonus and referral bonus, you’ll get those bonuses 30 days after meeting their requirements, not 90 days. 90 days is the window in which you have to maintain balances for 30 days.
I’ve signed up using your code. Hope it works better than Coinbase; they’re flat-out criminals!
It looks like the bonus has dropped to $100. Still probably worth it, though.
Updated the post; New customer referral bonus is now $150 and there is a new 5% deposit match (up to $250 on $5,000) + 5% APY on USDG.
Warning: If you are already doing the 10% match and new customer bonus (and have $3,000) deposited, you have to deposit another $5,000 to max out the 5% bonus and get an additional $250. However, your total balance cannot decrease for 90 days after you deposit the additional $5,000. So you are essentially locking up your $3,000 for another ~45 days to get the 5% bonus.
This pattern of lower returns to lock up additional funds could just be trying to hold on to customers for longer, but it makes me nervous about their solvency.
Why would anyone considered to be financially responsible invest in crypto?
Oh Jonathan… we were going to simplify our lives this year with fewer accounts! ? thanks for the referral
What is “Additional $250 BTC Bonus bonus if you deposit at least $10,000″? is this the same one ” new 5% deposit match (up to $250 on $5,000)”? I am confused.
Each of the four bullet points is a separate bonus. The first one is for new sign-ups through the specific referral link. The rest are available to everyone including existing customers.
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“1. New customers: up to $400 referral bonus Should auto-populate the promo code 79795662. Thanks mine, thanks if you use it!”
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Exactly what does one have to do to get the full $400?
I opened the Terms and Conditions page and it doesn’t tell us anything at all.
( https://www.okx.com/en-us/help/us-new-user-promotion-terms-and-conditions )
I’m reluctant to use your referral code without knowing exactly I will need to do.
The details are in the post section “Up to $400 New customer bonus details”.
I know, the T&C are vague because each referral link can vary in terms of the bonus. I did confirm my specific bonus details directly with OKX, and asked them about how the landing page doesn’t spell it out separately, but couldn’t get them to change it. I understand your reluctance, it only says the up to $400 part, it is possible the details are later in the sign-up process but I can’t see them as I am already an OKX user.