Dear OKX Users,
To enhance market liquidity and improve your trading experience, OKX will adjust the minimum price precision for selected spot/margin trading pairs during 14:00โ14:30 (UTC+8) on March 31, 2023. Below are the key details:
๐ Adjustment Scope
(Synchronized updates will apply to margin trading if applicable.)
| Trading Pair | Previous Precision | New Precision | Adjustment Window |
|---|---|---|---|
| CTC/USDT | 0.001 | 0.0001 | 14:00โ14:02 |
| TAKI/USDT | 0.00001 | 0.000001 | 14:03โ14:05 |
| ALGO/BTC | 0.0000001 | 0.00000001 | 14:06โ14:08 |
| INT/BTC | 0.000000001 | 0.0000000001 | 14:09โ14:11 |
(Full list available in the original announcement.)
โ ๏ธ Risk Notice
During the 2-minute adjustment window:
- Targeted pairs will pause trading (no orders, cancellations, or transfers).
- Other pairs remain unaffected.
๐ Learn how to mitigate risks before the adjustment.
๐ Order Handling Rules
1. Precision Decrease (e.g., 0.0001 โ 0.01)
- Limit Orders: Orders exceeding new precision will be canceled.
Example: 130.2442 (canceled) vs. 130.24 (kept). Strategy Orders:
- Grid/Martingale strategies terminate if canceled.
- Other strategies (e.g., TWAP, Stop-Loss) auto-repost post-adjustment.
2. Precision Increase (e.g., 0.01 โ 0.0001)
- All active orders remain unchanged.
(API users follow identical rules.)
๐ Position & History Display
- Precision Decrease: Web/mobile displays adjusted precision; API retains original precision.
- Precision Increase: Original precision maintained.
โ FAQs
Q: Will my open orders be affected?
A: Only orders violating new precision rules will cancel.
Q: Can I trade during the adjustment?
A: Targeted pairs pause for 2 minutes; others operate normally.
Q: How does this impact API users?
A: System auto-adjusts submitted orders to new precision.
๐ Explore advanced trading tools to optimize your strategy.
We apologize for any inconvenience and appreciate your trust. OKX remains committed to delivering exceptional products and services.
OKX Team
March 28, 2023 (UTC+8)
### โ
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