Answer
False, it would be losing electrons.
Work Step by Step
Oxidation is the loss of electrons and Reduction is the gain of electrons. Therefore if a substance is oxidized, it is losing electrons.
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.