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On August 30, OKX Xu Xingxing replied to the issue of "users questioning the OKX lending mechanism": 1. OKX current mortgage loan is a C2C market between users. OKX only provides a platform to help users with borrowing needs and earning needs match; 2. 100% reserve is a basic original responsibility of OKX. When the borrowing amount exceeds the deposit amount, the automatic currency exchange mechanism of the platform will be triggered due to the requirement of 100% reserve; 3. OKX is of course t...

2024-08-30 13:43:19