Dear Merchant Partners,
In order to benefit exchange users and enable them to purchase USDT at competitive prices via the exchange’s C2C platform, we require merchants to set their USDT selling price to be equal to the OKX reference price without any markup. Additionally, merchants must be online for at least 8 hours daily and respond to users promptly.
To offset potential profit reductions for merchants, we are introducing a subsidy policy to balance merchant earnings. Merchants who post USDT sale ads at the reference price will receive daily subsidies calculated as follows:
1. Daily USDT sales ≤ 10,000 USDT: Subsidy amount (RMB) = Sales volume × 0.1
2. Daily USDT sales > 10,000 USDT: Subsidy amount (RMB) = 1,000 + Sales volume above 10,000 USDT × 0.05
3. Daily subsidy cap: 1,500 RMB
Examples:
•Merchant A sells 9,000 USDT in a day, earning a subsidy of 900 RMB the next day.
•Merchant B sells 15,000 USDT in a day, earning a subsidy of 1,250 RMB the next day.
To prevent fraudulent trades aimed at abusing the subsidy, only genuine and valid transaction volumes will be considered for the subsidy calculation. Fraudulent trading volumes will not be eligible for subsidies.
Thank you for your continued support and cooperation!
Megabit Team
September 7, 2024
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