This restriction applies only to the affected assets and doesn't impact your ability to use other platform features, including trading and financial services. Any funds exceeding the order amount can also be withdrawn and sold via P2P without restriction.Why does OKX apply T+N security protection for buying crypto? The T+N mechanism is designed to prevent losses caused by the inflow of high-risk funds, protecting both buyers and sellers.

When executing large orders on exchanges, traders risk impacting the market and causing price slippage. Alternatively, via private negotiations, they can predetermine a settlement price by requesting-for-quote from a market maker.What is an RFQ? A request for quote, or RFQ, is an electronic notification sent to market makers expressing their intention to trade a specific instrument or strategy.

How does this impact my existing verified addresses? All existing verified addresses in our withdrawal address book will be placed on a 30-day verification period now. Please review these addresses and if you wish to verify them permanently, try one of the following two methods: Wait until the 30-day verification expires and verify the addresses again permanently. Delete the addresses and add them again as permanently verified addresses. How does this impact my existing verified addresses?

Thus, these components will have more impact on index prices, which means index prices will be more stable and closer to fair market prices. If you don't have any strategies based on index price, no action is required. If you have such strategies, the actions needed are subject to the specific strategies.

If an extreme market conditions occurs and a single crypto position incurs significant losses, it will not affect any other crypto in your account or impact other positions.

Guaranteed, instant off-order book execution: Place trades of any size without impacting the order book. Use 20+ predefined strategies including future spreads, options, straddles, and more. Avoid price slippage risk when executing multiple-leg strategies. Streamlined workflows: Two-click trading eliminates the operational burden across the entire workflow. End-to-end automated execution from order, to price discovery, settlement, and clearing, makes for an efficient experience.

Higher risk of liquidation and margin loss await if a higher leverage is set Historical data shows that the main risks of high leverage are as follows: Extreme fluctuations: A high leverage amplifies the impact of market fluctuations, which can result in much higher losses. Risk of liquidation: When the market goes in an unfavorable direction, high-leverage trades are much more likely to liquidate, which will lead to loss of margin.

Price impact: the depth of the orderbook may not be sufficient to absorb a large trade at the desired price, which can cause price slippage (when the executed price differs from the expected price).What does the OKX Liquid Marketplace offer for me? Our on-demand liquidity network, Liquid Marketplace, offers a powerful solution to these problems. It allows traders to access deep liquidity through an execution layer that automates trades and settlements instantly and off the order book.

For example, if you make a transaction at 7:00 am UTC July 4, 2024, the verification period will be extended to 7:00 am UTC August 3, 2024.How does this impact my existing verified addresses? All existing verified addresses in our withdrawal address book will be placed on a 30-day verification period now.

Market conditions: stay informed about market trends and conditions, as these can impact the effectiveness of your TP/SL settings.How do I place a TP/SL with a Limit Order on OKX? When placing a Limit Order on our platform, you can simultaneously set Take Profit (TP) and Stop Loss (SL) orders to manage your trades effectively. Follow these steps to set up TP/SL with a Limit Order: Enter Order Details Order price: specify the price at which you want to execute the trade.

Slippage protection Significant differences in the entry price between you and lead traders can have a big impact on your profit and loss. To prevent this, if there's more than a 0.5% disparity between the lead trader’s and your entry price, our slippage protection mechanism will cancel the copy trade. Smart sync position ratio too high Smart sync copy trading aims to ensure a copy trader’s position asset allocation is proportional to the lead trader they’re copying.

Note: To avoid any impact on your login, we recommend updating the app to the latest version. Please ensure you securely back up your wallet seed phrase and private key.Facial recognition verification For your account security, when logging in from a new device, facial recognition verification is required using the ID linked to your account. Please follow the instructions on your phone to blink, nod, or shake your head. Make sure your full face is visible during the verification.

By implementing the Travel Rule, we aim to enhance transparency and traceability in virtual asset transactions, similar to the obligations of traditional financial institutions.The impact of Travel Rule on users The implementation of Travel Rule measures at OKX will be gradual and primarily affect users in regulated regions.

It won’t impact other positions or assets in your trading account.

Slippage protection: Significant differences in the buy price between copy traders and lead traders can have a big impact on a copy trader's PnL. To prevent this, if there is more than a 0.5% disparity between the lead trader's and copy trader's buy price, our slippage protection mechanism will cancel the copy trade. For example, if a trader buys BTC at a price of 20,000 USDT, we'll make sure that the copy trader's buy price is less than 20,000 × (1+0.5%) = 20,100 USDT.