Dear OKX Users,
To enhance market liquidity and mitigate trading risks, OKX will implement adjustments to the tiered levels and minimum order quantities for the MAJOR/USDT pre-market trading contract on November 19, 2024, between 14:00–18:00 (UTC+8). Below are the detailed changes:
Key Adjustments
1. Tiered Level Rules
The leverage, margin requirements, and position limits per tier will be updated as follows:
| Contract | Tier | Max Positions (Before) | Max Positions (After) | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|---|---|
| MAJOR/USDT | 1 | 1,000 | 20 | 5.00% | 20.00% | 5x |
| 2 | 8,000 | 80 | 15.00% | 25.00% | 4x | |
| 3 | 15,000 | 100 | 19.00% | 33.33% | 3x | |
| 4–12 | 20,000–100,000 | 150–550 | 20.00%–28.00% | 33.33% | 3x |
👉 View full tiered specifications
2. Minimum Order Quantity
Precision and minimum order sizes will be refined for flexibility:
| Trading Type | Contract | Before (Lots) | Before (Coins) | After (Lots) | After (Coins) |
|---|---|---|---|---|---|
| Pre-Market Contract | MAJOR/USDT | 1 | 100 | 0.01 | 1 |
Note: Existing orders, transfers, and leverage adjustments will remain unaffected.
Risk Advisory
Due to recent market volatility, the adjusted tier rules may increase maintenance margin requirements. To avoid forced liquidation:
- Reduce leverage by closing/hedging positions.
- Add margin to lower risk exposure.
FAQ
Q1: Will my open orders be canceled during the adjustment?
A: No. All active orders will remain valid.
Q2: How do I check my new margin requirements post-adjustment?
A: Navigate to the "Positions" tab in your OKX account for real-time updates.
Q3: Why is OKX modifying these parameters?
A: To align with market conditions and improve trading stability for users.
OKX remains committed to delivering superior products and services. For further inquiries, visit our Help Center.
OKX Team
November 18, 2024