How does fast redemption work?

Published on 8 May 2025Updated on 30 Dec 20253 min read2

Fast redemption is a feature that allows users to redeem crypto gradually from Onchain Earn products, shortening the standard redemption period.

This feature is useful when you need faster access to your funds, whether to take advantage of a trading opportunity or to address other financial needs.

How does it work?

If your product offers fast redemption, you're eligible to receive a portion of your redemption every day after you submit your redemption request. However, this is subject a daily limit, that’s the lower of:

  • a fixed individual limit, or

  • a variable platform limit.

If there's a high demand for redemption, the platform limit might be used up and you'll have to join a redemption queue. In this case, it may take some time before you start receiving your crypto.

Example

Assuming that you want to redeem 600 ETH and the current standard redemption period is 10 days, this is how your redemption will go with fast redemption:

Phase

Details

Total ETH received so far

Day 1: Redemption submission

You submit a redemption order for 600 ETH.

Due to high demand, you enter the redemption queue.

0 ETH

Day 2 - 4: Redemption queue

While in the redemption queue, you receive no ETH.

During this time, you can still cancel your redemption

0 ETH

Day 5: First partial redemption

You reach the front of the redemption queue.

Due to redemption by other users, the daily limit only has 50 ETH left.

You receive 50 ETH.

50 ETH

Day 6 - 9: Partial redemption

Over the next 4 days, you receive 100 ETH daily.

450 ETH

Day 10: Full redemption

On the last day of the standard redemption period, all outstanding crypto are settled all at once.

You receive 150 ETH, even though it exceeds the daily individual limit.

600 ETH

How can I use fast redemption?

If fast redemption is available for an Onchain Earn product, simply redeem as usual to enjoy the feature. Follow these steps to redeem your Onchain Earn products:

  1. Log in to your OKX account

  2. Visit Assets > Earn

  3. Follow the steps below based on the product type:

    1. For liquid staking crypto:

      • View Your liquid staking tokens option and select BETH/OKSOL

      • Select the Redeem to ETH/SOL button

      • Select ETH/OKSOL redemption as your redemption method

      • Enter the amount you wish to redeem and select Continue

      • Confirm your redemption

    2. For other products:

      • Choose the Onchain Earn order you wish to redeem

      • Select the Redeem button

      • Confirm your redemption

Why should I use fast redemption?

  • Faster liquidity: quickly redeem your funds and shorten the standard redemption period.

  • Avoid market volatility: secure your funds, reducing exposure to sudden price fluctuations.

  • Flexible asset management: easily reallocate funds as needed with minimal delay.

  • Convenience: a user-friendly process that simplifies asset withdrawals for a seamless experience.

Note:

  • Fast redemption is available only for selected Onchain Earn products.

  • Some products may have limits on the amount that can be instantly redeemed.

  • There may be slight differences in redemption availability between our web and app versions.

  • Standard redemption remains an option if fast redemption isn't supported.

By following these steps, you can efficiently access your funds whenever needed. If you encounter any issues, reach out to our OK Assistant for assistance.

Learn more about other trading-related topics here.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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