Updates on the P2P Marketplace: instant crypto release

OKX(OKEx)

INSTANT CRYPTO RELEASE

To continue providing the best P2P trading experience, we're introducing an instant crypto release feature. Buyers will be able to get their crypto released to their OKX Funding account instantly once payment has been confirmed.

We're rolling this out in phases, and users in the Philippines (the registered country in your OKX account must be Philippines) will be the first to enjoy this new feature. Our integration with StarPay (leading e-wallet providers in The Philippines) can also accept payment from all partners using QR PH technology.

StarPay

What is StarPay?
- StarPay is a licensed/regulated Electronic Money Issuer (EMI) based in the Philippines. Users can safely and securely send money to each other's StarPay e-wallet in Philippine Peso. Also to other e-wallets or banks that use QR PH in their system

What are the benefits of using StarPay as a buyer?
- Payments can be made via QRPh_StarPay. Payment made to the seller via StarPay will result in your crypto being released to your OKX Funding account instantly after payment success.
- This makes it safer for you to transact with the seller. As an added security feature, StarPay remembers your payment and will automatically reject any duplicate payment you might accidentally make.

How to pay using QRPh_StarPay as a buyer?
- If you're placing an order via the web browser, ensure you select the QR code at the payment-pending page