Exchanges

Text

How many days will the mining income of Dubai OKX be settled

OKX's mining income settlement period in Dubai varies based on eligibility criteria, with daily settlements for eligible pools and weekly settlements for those that don't meet the threshold.

Oct 24, 2024 at 11:58 am

OKX Mining Income Settlement Period in Dubai

OKX, the leading cryptocurrency exchange, offers a range of mining services to its users. These services allow users to generate passive income by contributing their computing power to the validation of transactions on various blockchain networks.

Settlement Period

The settlement period for mining income in Dubai on OKX is as follows:

Daily: Eligible mining pools will receive their settlement within 24 hours of the block being mined.
Weekly: Mining pools that do not meet the daily eligibility criteria will receive their settlement once per week, typically on Mondays.

Eligibility Criteria

To be eligible for daily settlement, mining pools must meet the following criteria:

Hash rate threshold: Varies depending on the cryptocurrency being mined
Block reward threshold: Varies depending on the cryptocurrency being mined
Minimum number of active miners: Varies depending on the cryptocurrency being mined

If a mining pool does not meet the daily eligibility criteria, it will be settled weekly on Mondays.

Settlement Process

OKX uses two methods to settle mining income:

Automatic: Income is automatically deposited into the user's OKX account balance.
Manual: Users can manually withdraw their mining income to their preferred wallet address.

Note:

Settlement times may vary depending on factors such as network congestion and currency fluctuations.
OKX reserves the right to modify the settlement period and eligibility criteria at its discretion.
Users are encouraged to regularly check the OKX platform for any updates or changes.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

XYO

$0.0088

54.58%

Trade Now
MAF

$0.3002

52.05%

Trade Now
CVX

$3.21

47.28%

Trade Now
MOODENG

$0.0...01988

30.69%

Trade Now
KEEP

$0.1590

27.40%

Trade Now
BCA

$8.83

22.38%

Trade Now

Latest Crypto News

Metal Detectorist Finds Rare Roman Coin Minted Nearly 1,700 Years Ago
2024-11-20 00:25:01
Four Promising ICOs Gaining Traction: BlockDAG, Pepe Unchained, Crypto All Stars, and DOGE²
2024-11-20 00:25:01
Rollblock ($RBLK) Shakes Up the Gambling World with Blockchain Promises
2024-11-20 00:25:01
JUNO Outshines Peers With 202% Price Surge, LBR and XTZ Lead as Gaming and DeFi Tokens Gain
2024-11-20 00:25:01
Bitkey Inheritance: Pass on Your Bitcoin Safely and Easily
2024-11-20 00:15:02
After being relegated to the back corner of the APEC group photo, Biden now misses the G20 group photo; what was he doing?
2024-11-20 00:25:01

Related knowledge

how to access coinbase without phone number

Nov 13,2024 at 08:20pm

Unlocking Coinbase Without a Phone Number: A Comprehensive GuideIntroductionCoinbase, one of the leading cryptocurrency exchanges, has implemented mandatory phone number verification as a security measure. However, for various reasons, some users may not have access to a phone number or prefer to use the platform without providing it. This article prese...

how to recover coinbase account without phone number

Nov 13,2024 at 10:24pm

How To Recover Coinbase Account Without Phone NumberCoinbase is one of the most popular cryptocurrency exchanges in the world. It is known for its user-friendly interface and its wide range of supported cryptocurrencies. However, like any other online service, Coinbase accounts can be hacked or compromised. If you have lost access to your Coinbase accou...

how to add money to coinbase without bank account

Nov 15,2024 at 08:44pm

How to Add Money to Coinbase Without a Bank AccountCoinbase is a popular cryptocurrency exchange that allows users to buy, sell, and trade digital assets. While bank transfers are the most common way to fund a Coinbase account, there are several alternative methods available for users who do not have a bank account.This article will provide step-by-step...

does zelle work with coinbase

Nov 16,2024 at 09:25am

Does Zelle Work with Coinbase? A Comprehensive GuideIntroductionZelle and Coinbase are two popular platforms in the financial and cryptocurrency realms, respectively. While Zelle facilitates digital money transfers within the United States, Coinbase serves as a leading cryptocurrency exchange. The question of whether these platforms can seamlessly integ...

can i buy bitcoin with zelle on coinbase

Nov 15,2024 at 03:14pm

Can I Buy Bitcoin with Zelle on Coinbase?In the realm of cryptocurrency exchanges, Coinbase stands as a prominent platform, renowned for its user-friendly interface and comprehensive trading options. As the crypto market continues to evolve, the demand for efficient and secure payment methods has surged. Zelle, a popular peer-to-peer payment platform, h...

can you buy bitcoin with coinbase

Nov 15,2024 at 12:16am

Can You Buy Bitcoin with Coinbase?Yes, Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. In this article, we will provide a comprehensive guide on how to buy Bitcoin with Coinbase.Step 1: Create a Coinbase AccountVisit the Coinbase website and click on the ...