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Income from staking and rewards
Why did I receive a Form 1099-MISC? You will receive a 1099-MISC if you earned $600 or more in staking rewards, bonuses, or airdrops during the 2025 tax year. Note: the IRS threshold for this form increases to $2,000 for the 2026 tax year.Published on Nov 4, 2025Updated on May 29, 2026FAQWhat are Source of Funds (SoF) and Source of Wealth (SoW)?
SoF/SoW Document Type Description Salary Payslip Issued within the last 3 months Bank Statement Shows salary deposits/employment income (past 3 months) Tax Document Shows employment income (past 12 months) Letter of employment Issued within the last 3 months, with employment confirmation and salary details Others Issued within the last 3 months, with employment confirmation and salary/compensation details Business ownership Bank Statement Shows income payments (past 3 months) Tax Document Shows businessPublished on Dec 24, 2024Updated on Jun 5, 2026FAQ900How do I get started with On-chain Earn?
You can check your order details to see how long it'll take for your crypto to land back in your portfolio.Published on Jul 14, 2025Updated on Apr 30, 2026FAQ8Travel Rule FAQ
How do I verify my private wallet under the Travel Rule? You can verify your private wallet address via Cryptographic Signature. You're required to connect your private wallet with OKX and conduct a signing to attest that you own the address.3. Why is my private wallet verification unsuccessful under the Travel Rule? Please ensure that the withdrawing address matches the address you are conducting the signature with.Published on Jul 20, 2023Updated on May 29, 2026FAQ826Flywheel
It will then continue to operate according to the above rules to earn interest and price differential income for you. Advanced Mode Buying and selling coins method: Use the flywheel bot to buy coins within a floating price range determined by the market price, and after a successful purchase, sell coins in the profit-taking direction.Published on Feb 11, 2025Updated on May 29, 2026Product documentationOKX x McLaren: Digital Collectibles FAQs
If you win an experience you will be contacted via email (nftwinners@okx.com).How do I know what rarity my digital collectible is? You can identify the rarity of your digital collectible by checking their rarity icon which will state Classic, Rare, or Ultra-Rare.Where will my digital collectible be stored and how can I access my collection? To claim a Race Rewind digital collectible you will need to create a Web3 wallet on our platform or link a compatible Web3 wallet.Published on Jun 5, 2024Updated on May 29, 2026FAQ6Update on OKX Embedded DEX Service Fee
Overview OKX's built-in DEX will adjust its service fee rate effective May 12, 2026 at 08:00 (UTC+8). Asa result of this fee rate adjustment, the Boost trading volume calculation rules and the invitation rebate calculation rules will be updated accordingly to reflect the revised fee rate. Fee Changes The service fee rate for OKX's built-in DEX will be reduced from 0.85% to 0.5%, effective May 12, 2026 at 08:00 (UTC+8).Published on May 9, 2026Updated on May 29, 2026AnnouncementsWhat are the tax implications for CeDeFi trading?
It's solely users' responsibility to keep track of the cost basis of crypto assets within a self custody wallet and report realized gains / losses on income tax returns.Published on Nov 12, 2025Updated on May 29, 2026FAQHow do I select the correct network for my crypto withdrawals and deposits?
Crypto tokens are only compatible with the blockchain(s) they are built for transacting on. Each chain uses its own cryptography, which means each chain speaks its own "language". For most cryptocurrencies, OKX will automatically select the correct network, but for some, you'll be given the option to choose from a number of different network options. For those assets that prompt you to select a network, you must select the correct network.Published on Aug 22, 2023Updated on May 29, 2026FAQ21,585Smart Arbitrage with staking
Smart Arbitrage with Staking Rewards combines traditional arbitrage strategies with staking income. It allows users to earn additional staking rewards by staking spot assets such as OKSOL or BETH while engaging in spot long and futures short arbitrage. This approach enables more efficient capital utilization and maximizes investment returns.Published on May 7, 2025Updated on May 29, 2026Product documentationWhat's KYC: What to expect and why it matters?
Customer Due Diligence (CDD) Share basic background details such as: Your occupation Your source of income How you plan to use the platform (for example, trading, staking, holding) These details help us tailor services and spot abnormal behavior3.Published on Jun 24, 2025Updated on May 29, 2026FAQ66Smart Arbitrage
This is because, under the designed mechanism of funding rates, many mainstream cryptocurrencies typically maintain a positive funding rate, which means investors can earn funding fee income over the long term by holding positions in these cryptocurrencies.Published on Aug 8, 2024Updated on May 29, 2026Product documentationCommon scam tactics
Scammers often mislead individuals by tempting them with the prospect of substantial gains, attractive incomes, or presenting cryptocurrency at exaggerated prices. This can lead individuals to unknowingly transfer their funds to fake accounts or fraudulent platforms. As a result, these individuals then encounter difficulties when attempting to withdraw funds or receive what was promised. Unfortunately, this can ultimately lead to financial losses for those affected.Published on Sep 28, 2023Updated on May 29, 2026FAQ2,737Trading Signal Bot Alert Message 2.0 Specifications
AlertMsg Specification - signalToken signalToken -- Authentication for Signal The token is a security measure to ensure that the incoming requests are legitimate and authorized. This signalToken will be generated automatically when the user successfully creates a new signal on our platform, and it needs to be copied to TradingView Alert Message. How to locate your signalToken for an already active signal?Published on Aug 30, 2023Updated on May 29, 2026Product documentationHow do I stay safe from phishing SMS using the name OKX?
Below, you'll find a breakdown of how these scams operate, why they’re so effective, and what steps you can take to protect yourself and your crypto.What’s happening? We’ve recently seen a rise in reports from users receiving fraudulent SMS messages with “OKX” as the sender name.Published on May 9, 2025Updated on May 29, 2026FAQ325