OKX Europe opens a new 8% USDT deposit bonus of up to €3,500

A new round for European USDT holders

OKX announced a new European deposit promotion on 13 October, offering an 8% bonus of up to €3,500 to eligible customers who move USDT from elsewhere and convert it into USDC. The company advertises that conversion as free. The offer concerns moving an existing holding between platforms and exchanging it for a different asset.

The important distinction is what “bonus” means. OKX’s Deposit Bonus FAQ describes a conditional promotional payment, separate from its Earn products. The percentage is not an annualized yield or guaranteed interest. For an illustrative €1,000 of eligible funding at 8%, the total bonus would be €80, subject to all payout conditions. That is the total allocation, not a payment repeated every time a reward arrives.

Dates, limits and account restrictions

Round two runs from 13 October 2026, 12:00 GMT+2, to 13 November 2026, 23:59 GMT+2. The first payout is scheduled for 21 November 2026, 15:00 GMT+2. At least €10 of external USDT must be deposited on-chain and converted into USDC after enrollment, within that window. Eligible funding is capped at €43,750 equivalent; cash or crypto withdrawals during enrollment reduce it.

New and existing OKX Europe Ltd customers need advanced identity verification, known as KYC, and VIP level 6 or below. Only main accounts qualify. The campaign excludes registrations under Master Channel ID 26852176. Residence must appear on the official list; the UK is absent. Only the last campaign registered receives rewards if someone joins multiple campaigns.

The bonus is paid in USDC over 52 weeks: 26 installments, each representing one twenty-sixth of the total, every two weeks.

Enrollment and each payout are separate checks

The European rewards-session terms describe the enrollment confirmation: after selecting Opt in, the button should change to Deposit now. Simply arriving on a promotional page does not complete this step. The terms defer the particular rate, qualifying methods and dates to the relevant campaign, so a general reference to cash deposits does not expand this USDT offer.

Those terms also explain the maintenance test. Withdrawals, including withdrawals of rewards, reduce the recorded net deposit balance. If that falls below the required amount, the next cycle is not paid unless the shortfall is replenished before its payout date. This is more consequential than assuming a small withdrawal merely produces a proportionately smaller installment.

Establishing a reward allocation and qualifying for its distribution are separate steps. The terms leave related fees and expenses with the recipient. Free conversion does not establish that transferring from another service is costless.

USDT conversion requires a manual step

USDT and USDC are different stablecoins: digital tokens designed to track the US dollar. OKX’s conversion guide describes a one-way route between them: depositing USDT does not automatically change it into USDC. The deposited balance stays in the original asset until the customer completes Convert. This feature also does not reopen USDT trading for European Economic Area customers.

The documented sequence is to choose the same transfer network at both ends, wait for the deposit to be credited, then open Convert with USDT as the source and USDC as the destination. Review the quoted rate and received amount before confirming. The completed conversion cannot be reversed through this feature.

The guide explicitly limits this function to the European Economic Area. Readers elsewhere should not infer access from the campaign’s broader European residence list; availability must be confirmed in their account before transferring. A credited deposit alone is also not proof that a balance is available in Convert. Funds committed to an order or another product may first need to become available.

Read the campaign balance, not just total assets

The Deposit Bonus FAQ directs customers to the specific offer’s progress and payout pages. Existing holdings, internal transfers and a deposit still awaiting credit are not equivalent to qualifying new funding. Sending a transfer before the deadline is insufficient if it reaches the account too late.

For EEA offers starting from August, OKX values deposits in euros when credited and withdrawals when initiated. Each euro-denominated payout is then converted to USDC at the prevailing exchange rate. Consequently, the token amount can vary between installments. The FAQ also states that an installment missed because a shortfall was not repaired before payment cannot later be recovered.

A bonus does not protect the deposited capital

OKX’s European Deposit Bonus User Terms warn that crypto holdings, including stablecoins, can lose value and that EU deposit or investor protection does not apply. The word “deposit” here should therefore not be read as a promise of bank-deposit protection. The company’s licensing status does not remove the risks described in those terms.

The same document allows additional verification and eligibility exclusions. An existing promotional code or account registration is therefore not proof that this separate offer is available. This article does not establish whether Exchange.news’s existing signup channel falls within the campaign’s exclusion. The campaign shown to the customer and its applicable terms remain necessary checks before moving funds.