When closing a long position, if the order price is lower than 25% of the index price, the order cannot be placed. When closing a short position, if the order price is higher than 25% of the index price, the order cannot be placed. 2. Updated of “Market-close-all” Feature: Before the update: After selecting "Market-close-all", our system will automatically cancel all pending close orders of the contracts, then liquidate the holding position(s) at market price.

X-Perps trading uses multiple price references. Understanding the difference is important because different functions may rely on different prices.What's last price? The last price is the price of the most recent executed trade in the market. It's useful for: seeing recent trade activity charting and short-term market behaviourWhat's index price? The index price is a reference price derived from external spot market sources.

Dear OKX users, OKX Wallet has launched the Gas Station feature. If you don't have native tokens to make a transaction, you can simply swap USDT, USDC, DAI, WETH, and other mainstream tokens for native tokens at our Gas Station to pay the gas fees for token transfers. At present, Gas Station supports transactions on 8 networks such as Ethereum, OKC, BSC, Polygon, Fantom, Avalanche, Arbitrum, Optimistic, etc. TRON, Solana, Cronos, and other blockchains are to be supported soon.

spot, which only includes spot buy and sell Cost price = (Average cost price before last buy × Amount + Price of last buy × Amount) / Net buying amount PnL = (Last price – Cost price) × Net buying amount PnL Ratio = (Last price – Cost price) / Cost price

Today's free gas transfer may be suspended if the amount of gas subsidies reach the predetermined limit, but it will not affect the quota of the next day. During the suspension, users need to pay the full gas fee for the current transfer. We hope you enjoy this free gas transfer in OKX Wallet. OKX Wallet will continue to provide you with excellent products and services! OKX team. April 18th, 2023

Dear OKX users: OKX is proud to announce the following new token listing this week: QTUM, Hcash(HSR),NEO,GAS. Stay tuned for our Giveaway event! Details: First Wave: QTUM Supports deposit on Wednesday, November 8th, 2017 (HKT 18:00); Supports Spot trading on Thursday, November 9th, 2017 (HKT 14:00). Second Wave: HSR Supports deposit on Thursday, November 9th, 2017 (HKT 14:00); Supports Spot trading on Friday, November 10th, 2017 (HKT 14:00).

Gas fees. Unlike on CEXs, users need to pay gas fees on DEXs.4. What's an AMM? An Automated Market Maker (AMM) is a decentralized exchange protocol that relies on algorithmic trading to provide liquidity to specific markets. Liquidity Providers (LP) provide liquidity to the trading market; the price function is used to set the price for each trade, while traders interact directly with smart contracts to complete crypto transactions.How does an Automated Market Maker (AMM) work?

Congratulations – you now have enough OKT to pay gas fees for 20,000 transactions! If you have questions about this promotion, please refer to the full announcement, available here. You can also reach out to the official OKX Telegram channel or contact OKX support. OKX September 16, 2022 (UTC)

Dear OKX users, OKX Wallet's Swap for gas feature now supports cross-chain gas swaps. When you want to make a token transfer/token swap/NFT trade/token investment but don't have native tokens to pay the network fee, you'll see the "Fill up gas token" button, where you can simply choose USDT, USDC, DAI, or any other mainstream tokens on any network to swap for native tokens using the Swap for gas feature to continue with your on-chain transaction.

Dear valued customers, The mainnet upgrade of NEOSCAN (NEO, GAS) is complete. The depositing and withdrawal services of NEO, GAS has resumed at 06:00 Sep 22, 2020 (UTC). We apologize for any inconvenience this may cause. Thank you for your continued support and we assure you of our best services at all times. Regards, OKX Sep 22, 2020 (UTC) Click Here to Download OKX App >>> Click Here for OKX Twitter >>> Click Here to Join OKX Official Community >>>

Dear valued customers, Due to the mainnet upgrade of NEOSCAN (NEO, GAS) , the depositing and withdrawal services of NEO, GAS will be suspended from 3:30 Sep 18, 2020 (UTC) until the upgrade is complete. Thank you for your continued support and we assure you of our best services at all times. Regards, OKX Sep 18, 2020 (UTC) Click Here to Download OKX App >>> Click Here for OKX Twitter >>> Click Here to Join OKX Official Community >>>

Details as follows: 1.Glossary a.Forced-liquidation Price: When the market price reaches the forced-liquidation price and a user’s margin is lower than the required level, force-liquidation will be triggered. b.Bankruptcy Price: The price at which a user loses all margin c.Entrusted Price of Liquidated Position: The price at which a liquidated position is put into the market by our forced-liquidation engine after forced-liquidation d.Trading Price of Liquidated Position: The actual transaction price

Following a sharp rise in its price beginning in early November 2024, the token experienced an initial sudden and substantial price decline of more than 80% across the market at approximately 2:28:32am (UTC+8) on April 14, 2025 ("Market Event"). We observed that substantial trading volume spikes and price decline initially happened across various centralised exchanges outside of OKX, before spreading to the overall market.

Future changes to the cost price resulting from spot trading will also be based on the edited cost price. For example: If your trading account holds 1 BTC with a cost price of 60,000, and you transfer another 1 BTC from your funding account, your trading account will now hold a total of 2 BTC. If you then edit the cost price to 61,000, the cost price of the 2 BTC in your trading account will be updated to 61,000.

A price difference loss refers to a loss caused by the difference between the mark price at 9:07:26am UTC (48.36 USDT) and the resulting liquidation prices during the period. For example: If 10 OKB was liquidated at a liquidation price of 40.0 USDT, OKX will compensate difference of (48.36 - 40.0) * 10 = 83.6 USDT. Compensation will also include the associated liquidation penalty and trading fees (as determined by OKX), and exclude any bankruptcy losses already covered by the insurance fund.