OKX will update potential borrow and actual borrow calculation rules

Dipublikasikan Pada 30 Des 2024Baca 2 mnt

To provide better trading services, OKX will update the calculation rules for potential borrowing and actual borrowing in multi-currency margin mode and portfolio margin mode. This rule change will gradually affect users starting from 8:00 am UTC on January 20, 2025. The new rules will be fully applied to all users by 8:00 am UTC on February 19, 2025.

To provide you with a preview and better understanding, these new product changes will be available on demo trading gradually between 8:00 am UTC on January 2, 2025, and 8:00 am UTC on January 8, 2025.

Risk notice: These changes will result in the adjustment of your margin. Please closely monitor your margin level and take precautionary measures, including reducing your positions and topping up the margin against potential liquidation risk in your account. OKX is not responsible for any and all losses arising from this adjustment.

For more updated details on the calculation rules, refer to the relevant sections of the following product documents:
Multi-currency margin mode: cross margin trading (Potential Borrow Optimisation)
Portfolio margin mode: cross-margin trading (risk unit merge)

Thank you for your continued support, and we hope these updates will improve your overall trading experience.

OKX team

December 30, 2024