OKX Offers 8% Cashback on Deposits, But Only for a Limited Time

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As European investors migrate their cryptocurrencies to regulated platforms following the full implementation of MiCA, OKX—which has been capturing a large share of these flows—is rewarding this move with an 8% cashback on all deposits.

Here, the 8% rate is fixed: no tiered thresholds, no 6-figure deposits required to unlock the best rate, etc. The percentage remains the same whether you deposit €100 or €100,000, and the bonus applies to both new and existing users.

What is the OKX "Transfer Season"?

This 8% cashback isn't a standalone event: it is the most prominent feature of the OKX "Transfer Season," a 4-week campaign that stacks €400 in welcome bonuses, the opening of over 80 new markets, and a series of product launches scheduled through August 16.

The timing is no coincidence: since the full application of MiCA, many platforms have had to restrict or suspend their services in Europe, and investors are looking for a compliant exit. OKX, an authorized PSCA and holder of a MiFID license, is positioning itself in this space by rolling out the red carpet to those who transfer their funds.

The 8% cashback is the centerpiece of this campaign, but also the one that ends the soonest: you have until July 31, 2026, to activate it and make your deposit, while the rest of the Transfer Season runs until August 16.

How to receive your 8% cashback?

If this offer interests you, here are the steps to take advantage of it:

• Create an OKX account using the code Cryptoast, then complete your identity verification (KYC);
• Go to the Welcome Rewards Center and activate the "Transfer Season" campaign;
• Then, make a deposit starting from €10. Euro deposits are free via SEPA, iDEAL, or Bancontact;
• Keep your funds on OKX: the bonus is paid out every two weeks for one year.

The OKX Transfer Season campaign runs from July 16 to August 16, 2026, but the 8% cashback component will no longer be available after July 31, 2026. This leaves you only 2 weeks to take advantage of this offer.

After that date, it will no longer be possible to activate the cashback or make an eligible deposit. The other Transfer Season rewards remain accessible until August 16. If you were planning to move your cryptos to a compliant platform, it is better to act now rather than in August.

One important point to keep in mind: the bonus is paid out over a year and is not guaranteed upfront. It continues to be paid as long as the deposit remains in place. If you withdraw your funds before the end of the year, the remaining portion of the bonus is forfeited. This is not a "deposit and withdraw" offer, but a reward for a long-term transfer.

You must join each OKX campaign via the rewards hub

Rules to know about this bonus 👇

• The rate is fixed at 8% and applies to the net deposit of €10 or more;
• Both Euro and cryptocurrency deposits are eligible, allowing you to transfer an existing portfolio without having to sell;
• You must activate the campaign from the rewards hub before making your deposit: without this step, the deposit is not counted;
• Only new net deposits count. If you withdraw €1,000 and then re-deposit it, your net deposit remains at zero and generates no bonus;
• Trading or suffering losses while trading has no impact on the bonus. Only withdrawals from OKX reduce your eligible net deposit;
• The offer is capped at €20,000 and is reserved for users located in the European Economic Area (EEA).

New OKX features accompanying the cashback

A bonus, no matter how large, is only received once. What matters next are the fees you pay for each order and the tools available to you. On this front, OKX offers 0.08% for makers and 0.10% for takers on spot, even lower rates on derivatives, free bank deposit and withdrawal transfers, and over 270 cryptocurrencies available.

The Transfer Season is enriching this offering, and it is not a static promotion: new features and rewards are being released week by week. Here are the new additions to know about 👇

Liquid Staking (BETH, OKSOL) addresses a classic dilemma: trading requires margin, and margin locks up capital that earns nothing. Here, you stake your ETH or SOL and receive BETH or OKSOL in exchange, which continue to accumulate staking rewards. This same balance can then be used as margin on both spot and X-Perps. Your capital works on two fronts instead of one, without having to exit staking to open a position.

The Futures Grid Bot is based on a simple observation: not all markets deserve your constant attention, and not all trades need to be executed manually. You define a price range, and the bot automatically buys on dips and sells on rallies within that range. It works in long, short, or neutral positions, with optional leverage. Its real value lies in removing emotion and screen time from a market that is oscillating without a clear direction.

The PnL Analysis Center (iOS and Android) addresses a problem that arises as soon as you scale up your markets and capital: knowing where the results actually come from. The tool gathers your gains, losses, and the recurring patterns that explain them in one place. It is useful only if you are willing to face your own numbers, as it shows what is profitable just as clearly as what you should stop doing.

The X-Perp Stocks are the most visible novelty of the campaign, with over 80 new markets covering stocks, indices, and commodities. These include the "Magnificent 7" (Nvidia, Tesla, Apple, Microsoft, Amazon, Alphabet, Meta) as well as the SPY and QQQ ETFs, with leverage of up to 10x.

The value here lies primarily in the hours: these regulated derivatives (MiFID II license) are traded 24/7, even when traditional stock markets are closed. This period coincides with earnings season, with Tesla and Alphabet (Google) publishing on July 22 and Microsoft on July 29. You can position yourself before the publication and react as soon as the numbers are out, without waiting for Wall Street to reopen.

USDT to USDC conversion, finally, is aimed at those repatriating funds from a non-compliant platform. OKX Europe allows you to deposit USDT and convert it unidirectionally to USDC, the MiCA-compliant stablecoin, instantly and at a low cost. This settles the stablecoin issue without having to sell into Euros.

And that's not all: OKX is announcing for the coming weeks Simple X-Perps, an interface that aims to make perpetual trading as simple as buying spot Bitcoin, new DCA bots for automating purchases and sales at regular intervals, and an unprecedented spot trading competition in Europe. Another reason not to wait, especially since the 8% cashback component ends on July 31.

Finally, the 8% bonus can be combined with the OKX welcome offer, which offers up to €400 in Bitcoin to be unlocked through a series of missions. On a €10,000 deposit, this brings the total offered by OKX to €1,200.

👉 Read our review of OKX to learn everything about this platform