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Time-weighted Average Price (TWAP)
What is the Time-weighted Average Price? Time-weighted average price (TWAP) strategy splits your order and places smaller orders at regular time intervals. It is a strategy that will attempt to execute an order which trades in slices of order quantity at regular intervals of time as specified by users. The purpose of TWAP is to minimize the market impact on basket orders. This bot triggers the order based on the predefined time intervals.Published on 17 Jun 2022Updated on 1 Apr 2025Product documentationOKX to list Big Time (BIGTIME) for spot trading
Asset name: Big Time Ticker: BIGTIME Total supply: 5,000,000,000 Contract:0x64Bc2cA1Be492bE7185FAA2c8835d9b824c8a194 Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only.Published on 10 Oct 2023Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for contracts
You can withdraw your profit at any time, without waiting for settlement at a fixed time every day. Users can experience the real-time settlement function of DOTUSD perpetual swaps and futures through the API, web or mobile app.Published on 29 Dec 2020Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for contracts
You can withdraw your profit at any time, without waiting for settlement at a fixed time every day. Users can experience the real-time settlement function of ADAUSD perpetual contract through OKX’s API, web or mobile versions.Published on 28 Dec 2020Updated on 17 Nov 2025AnnouncementsChanges in Perpetual Swap Settlement Time and Price Limit
After reviewing the experience in the simulation trading competition, we decided to make the following changes on the settlement time and price limit in order to better protect the interest of our traders: Settlement Time: The settlement time will be changed from 10:00 (CET, UTC +1, the same below) daily to 03:00 and 15:00 daily. The time for funding, societal loss execution, and insurance fund injection will also be changed to 03:00 and 15:00 daily.Published on 14 Dec 2018Updated on 17 Nov 2025AnnouncementsAugust Challenge: learn & earn for first-time P2P traders in Türkiye!
We're thrilled to introduce our August Challenge exclusively for first-time P2P users in Türkiye. This is your opportunity to delve into the world of P2P trading and stand a chance to share from a 1,300 USDT prize pool. The challenge begins on August 14, 2023, 12:00 (UTC+3) and ends on August 21, 2023, 12:00 (UTC+3). Who's eligible?Published on 12 Aug 2023Updated on 17 Nov 2025AnnouncementsLaunch of real-time settlement for USDT-margined perpetual swaps and futures
You can withdraw your profits at any time, without needing to wait for settlement at a fixed time. You’ll be able to experience the real-time settlement of USDT-margined perpetual swaps and futures through our API on desktop or mobile. Outlined below are changes that will be applied to the real-time settlement contract page on desktop and mobile: 1.Published on 18 Jan 2021Updated on 17 Nov 2025AnnouncementsLimited-Time Offer: 50% Deposit Discount for IDR Merchants Upgrading to Diamond
We are pleased to announce a limited-time 50% deposit discount for IDR Lite and Super Merchants upgrading to Diamond Merchant status. During the promotion period, the deposit requirement will be reduced to 500 USDT. Promotion Period December 24, 2025, 12:00 UTC+7 – January 1, 2026, 23:59 UTC+7 Starting January 1, 2026, the Diamond Merchant deposit requirement will return to the standard 1,000 USDT.Published on 24 Dec 2025Updated on 24 Dec 2025AnnouncementsWhere do I find limits, fees and processing time details for cash deposit?
Maximum Deposit: The maximum number of deposits you can make for a defined period.What is the deposit processing time? Processing time is the estimated time it takes for your deposit to complete and for the funds to appear in your OKX account. While we offer many cash deposit methods that are instant, some bank transfers can take up to 5 business days depending on the transfer type and your bank. When selecting a deposit method, you'll always see the processing time.Published on 23 May 2025Updated on 12 Feb 2026FAQ28Launch of Futures Contract Daily Settlement and Adjustments of Perpetual Swap Settlement and Funding Time
Thank you for your continued support and we assure you our best services at all times. Regards, OKX Aug 21, 2019Published on 21 Aug 2019Updated on 17 Nov 2025AnnouncementsHow do I make full use of OKX's time-saving NFT trading tools?
In the fast-paced world of cryptocurrency trading, time is of the essence. To empower you with greater control over their trades, we offer a suite of advanced features designed to streamline the trading experience. Let's delve into the time-saving tools that set OKX apart in crypto space. Order book mode: enhancing precision OKX introduces an Order Book Mode allows you to dive deep into market dynamics.Published on 5 Jan 2024Updated on 12 Sept 2025FAQ10Launch of real-time settlement functionality for LTCUSD, ETCUSD and other coin-margined perpetual swaps and futures
Users can then withdraw their profits at any time, without waiting for settlement at a fixed time every day. Users can experience the real-time settlement function of LTCUSD, ETCUSD and other supported coin-margined perpetual swaps and futures through API, web or app interfaces. Outlined below are changes that will be seen on the real-time settlement contract page on the website and app: 1.Published on 13 Jan 2021Updated on 17 Nov 2025AnnouncementsThe official launch of the real-time settlement function for ALGOUSD, ATOMUSD and other Coin-margined Perpetual Swaps
You can withdraw your profit at any time, without waiting for settlement at a fixed time every day. Users can experience the real-time settlement function of ALGOUSD, ATOMUSD and other coin-margined perpetual swaps through API, web or APP. There are the following changes on the real-time settlement contract page of the website and app: 1.Published on 12 Jan 2021Updated on 17 Nov 2025AnnouncementsOKX will support the Pepper (PEPPER) airdrop for Chiliz (CHZ) holders in certain jurisdictions
PEPPER airdrop rules on OKX Four airdrop snapshot times First snapshot time: 12:00 am UTC on October 10, 2024. Second snapshot time: 12:00 am UTC on October 17, 2024. Third snapshot time: 12:00 am UTC on October 24, 2024. Fourth snapshot time: 12:00 am UTC on October 31, 2024. Rules Only OKX trading, funding, and Earn accounts with a CHZ balance of 100 or more are eligible for each airdrop. This minimum applies separately to each account.Published on 12 Oct 2024Updated on 17 Nov 2025AnnouncementsOKX has completed distributing Pepper (PEPPER) airdrop
We have completed the distribution of Pepper (PEPPER) token airdrops to users who were holding CHZ at the stipulated snapshot time. Allocated tokens have been deposited to your funding account automatically.Airdrop rules Snapshot time: First snapshot time: 12:00 am UTC on October 10, 2024 Second snapshot time: 12:00 am UTC on October 17, 2024 Third snapshot time: 12:00 am UTC on October 24, 2024 Note: The Chiliz team has announced that the planned fourth airdrop snapshot had been cancelled.Published on 5 Nov 2024Updated on 17 Nov 2025Announcements