Lira Boost FAQ
This FAQ covers Lira Earn on OKX TR, including Auto Earn, Manual Earn, earnings, redemptions, fees, and risks.
What is Lira Earn?
What's Lira Earn?
Lira Earn is part of Earn that gives you a way to get overnight earnings in Turkish lira. The earnings come from our partner bank.Lira Earn has two products: Auto Earn and Manual Earn. You can use one or both.
Lira Earn offers may work differently from other Earn offers and vary in APY, earnings schedule, redemption processing time, and source of earnings.You can use Lira Earn only on OKX TR.
How do Auto Earn and Manual Earn work?
What's the difference between Auto Earn and Manual Earn?
Auto Earn gives you overnight earnings on eligible TRY that stays in your trading account, including TRY in open orders, up to 5,000,000 TRY. You don't move any funds, and they stay available to trade or withdraw.
Manual Earn is a separate Earn account. You deposit an amount you choose into it. There's no balance cap, but your deposit is unavailable during bank processing hours.
How do I turn on Auto Earn?
Open Earn and select Lira Earn
Check the estimated APY, earnings schedule, and limit under Auto Earn
Accept the Lira Earn Terms of Service
Turn on Auto Earn
If you turn on Auto Earn before earning starts, you'll earn from the same cycle. If you turn it on after earning starts, you'll earn from the next cycle.
Which TRY earns with Auto Earn?
Auto Earn applies to eligible TRY in your trading account, up to 5,000,000 TRY. This includes TRY resting in open orders.
It doesn't apply to TRY that's frozen, already in Manual Earn, or above the 5,000,000 TRY limit.
Your earnings are based on the lowest eligible balance you hold during the earning cycle. Trading or withdrawing TRY during the cycle may reduce that balance.
Does Auto Earn lock my TRY?
No. TRY in Auto Earn stays in your trading account and is available to trade or withdraw at any time.If you turn off Auto Earn during a cycle, you won't get any earnings for that cycle. Turning it back on won't restore them.
What's Auto Overflow in Auto Earn?
Auto Overflow is an optional setting inside Auto Earn for balances above 5,000,000 TRY. It's off by default.When it's on, the amount above 5,000,000 TRY automatically goes into the earning cycle every working day, so you don't need to deposit it manually.
Your first 5,000,000 TRY keeps earning through Auto Earn and stays available
Only the amount above 5,000,000 TRY is unavailable during bank processing hours
Auto Overflow turns off automatically when you turn off Auto Earn. To use it again, turn it on again
How do I use Manual Earn?
How do I deposit into Manual Earn and redeem TRY?
How do I make a deposit?
Choose how much TRY you want to deposit into Manual Earn
Select Manual Earn and check the details: APY, earnings schedule, redemption rules, and source of earnings
Enter the amount you want to deposit
Confirm your deposit before earning starts on a bank working day
How do I redeem my deposit?
Wait for auto-redemption or redeem up to 5,000,000 TRY manually per cycle
We'll automatically redeem your deposit and earnings on the next working day after your deposit
You can redeem early at any time except during the 90-minute bank processing period after earning starts
If you redeem early, you won't get earnings for that cycle
We'll send your TRY to your portfolio after processing the redemption
What are the deposit rules for Manual Earn?
You can deposit anytime except for bank holidays. To qualify for same-day earnings, deposit before earning starts:
Before 16:30 TRT on a full working day
Before 11:30 TRT on a half-day
What are the redemption rules for Manual Earn?
How does auto-redemption work?
Our partner bank will confirm your earnings by 05:00 TRT on the next working day
Once confirmed by bank, we'll automatically send both your deposit and earnings to your portfolio by 10:00 TRT
We'll also withhold earnings tax from your portfolio after redemption. This is required by local authorities
When can I redeem instantly without earnings?
You can redeem anytime, except for the 90-minute bank processing time right after earning starts: 16:30–18:00 TRT on a full working day, or 11:30–13:00 TRT on a half-day
You won't get any earnings if you redeem before the bank confirms your earnings by 05:00 TRT
Redemptions are limited to 5,000,000 TRY per cycle
I still have Auto-boost. What happens to it?
Auto Earn is replacing Auto-boost. If you haven't turned on Auto Earn yet, Auto-boost keeps working as usual during the migration period.
Once you accept the Lira Earn Terms of Service and turn on Auto Earn, Auto-boost stops applying to your account and can't be turned back on. Any Auto-boost cycle already in progress finishes first, then Auto Earn starts from the next cycle.
Auto-boost will be retired after the migration period. We'll let you know before that happens.
How do earnings, fees, and risks work in Lira Earn?
Where do my Lira Earn earnings come from?
When your Turkish lira goes into an earning cycle, we send it to our partner bank. It holds and manages your funds to generate earnings for you.
What determines how much I earn with Lira Earn?
The annual percentage yield (APY):
Reflects the potential earning rate of an offer based on a one-year deposit
Doesn't guarantee future earnings
May change after you start earning
Your actual earnings may be based on:
Bank rate changes
Tax rate changes
The lowest eligible balance you held during the cycle, for Auto Earn
Length of deposit
Other factors
When do I get my earnings?
Our partner bank confirms earnings by 05:00 TRT on the next working day
We send your earnings to your portfolio by 10:00 TRT
We withhold earnings tax at the same time. This is required by local authorities
Earnings keep accruing over weekends and bank holidays. Confirmation and payout happen on the next working day.
What are the fees for Lira Earn?
We don't charge any fees for Lira Earn.
Note: we'll automatically withhold tax when you receive earnings in your portfolio. This is required by local authorities.
What Lira Earn risks isn't OKX TR responsible for?
OKX TR displays Lira Earn and distributes earnings, but it isn't responsible for losses caused by risks including:
Possible contract vulnerabilities
Hacking incidents
Termination of business, bankruptcy, and abnormal suspension
Cessation of trading of third-party platforms or projects
For full terms, refer to the Daily Yield Program Terms and Conditions.