Step 1: Go to Earn
Navigate to the Earn page on OKCoin. You’ll see the option to Stack STX at the very top of the screen.
Stacking STX on OKCoin Earn
You’ll see that the estimated yield rate is 25%, which is calculated from previous Stacking cycles. It is not a guarantee and actual results may vary.
Step 2: Deposit or buy STX
Now that you’re on the Earn page, click on the Deposit button for the “Earn BTC” offering at the top of the page to deposit STX into Earn. If you already own STX on OKCoin, you can follow the prompts to deposit your STX on Earn to start Stacking.
If you own STX, but not on OKCoin, you’ll need to deposit it into your OKCoin account to start. To do this, click on Assets in the upper right-hand corner and select Deposit. Select STX as your currency to deposit.
Depositing STX from an external account onto OKCoin
Once you’ve selected STX as your currency, you’ll need to copy the STX wallet address and the provided memo from OKCoin. (IMPORTANT) Both the wallet address and memo are required to complete your deposit successfully into your OKCoin account. The STX wallet address shown is Stack’s standard token address, while the provided memo is unique to your individual account.
(Depositing STX from an external account onto OKCoin)
If you don’t have any STX, just click Deposit → Buy STX from the Earn page to purchase STX on OKCoin, as shown below.
(Deposit or buy STX on OKCoin earn.)
Once you have STX, you can continue the process to deposit your STX on Earn. You’ll see all the Stacking details when you deposit.
You must choose the how many cycles you want to stack STX for. You may either select 1 or 12 cycles. Once your STX is stacked, it is locked until the end of the cycle length that you selected.
(STX Stacking details when you deposit STX on Earn)
Once your assets have been successfully deposited on Earn, you’ll receive a deposit confirmation message on your screen.
(Deposit confirmation on Earn)
Once you’ve deposited STX on OKCoin Earn to start Stacking and earning BTC, you can check the status of your deposit. You’ll see the exact date when your deposited STX will start earning rewards.
When you deposit STX on Earn, your deposit will be pending and will only start earning BTC once the new cycle begins.
Step 3: Sit back and earn BTC
Once the cycle starts, you’ll see your status change to “Earning.” That means your deposited STX is now earning BTC. Rewards will be deposited into your account on a daily basis, according to how the protocol distributes rewards.
Step 4: STX Unlock
Your STX will unlock after either 1 or 12 cycles. When it is unlocked it is automatically added back into your funding account.
If you want to stack your STX again, you will need to wait 1 cycle before you can stack again. These are the rules of the Stacks protocol and not determined by OKCoin.