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New min/max amount for creating an ad on the P2P marketplace

Gepubliceerd op 6 jul 20232 min. leestijd

To continue meeting the diverse trading needs of all our P2P users, we’ll be updating the minimum and maximum amounts for your ads, for all trading pairs, in all markets, on July 6, 2023, 17:30 (UTC+8). This applies to everyone, regardless of identity verification level or Advertiser status.

  1. Lite Advertisers who have completed either basic verification (level 1), advanced verification (level 2), or video verification (level 3):
  • The minimum amount by default, for public and private ads, will be equivalent to 100 USD for all trading pairs in all markets. Exceptions apply for Indian Rupee (INR), Pakistani Rupee (PKR), and Nigerian Naira (NGN) — the minimum amount by default, for public and private ads, will be equivalent to 50 USD.
  • The maximum amount for public and private ads will be equivalent to 1,000 USD (for basic verification level 1), and 10,000 USD (for advanced verification level 2) for all trading pairs, in all markets.
  1. For Super Advertisers:
  • The minimum amount by default, for public and private ads, will be equivalent to 100 USD for all trading pairs in all markets.
  • The maximum amount for public and private ads will be equivalent to 100,000 USD for all trading pairs, in all markets.
  1. For Diamond Merchants:
  • The minimum amount by default, for public and private ads, will be equivalent to 100 USD for all trading pairs in all markets.
  • The maximum amount for public and private ads will be equivalent to 150,000 USD for all trading pairs, in all markets.
Identity verification / Advertiser status Min and max amounts in USD (applies to both public and private buy/sell ads)
Basic verification (level 1) 100 - 1,000
Advanced verification (level 2) 100 - 10,000
Video verification (level 3) 100 - 10,000
Super 100 - 100,000
Diamond 100 - 150,000

Reminder:
Users who aren't able to meet the minimum amount can purchase or sell their crypto as a taker instead. "Taker" is a user who buys or sells crypto by placing an order through existing advertisements on OKX P2P.

The changes will affect new ads posted after July 6, 2023, 17:30 (UTC+8).
Existing ongoing ads won't be affected.
Users must have completed basic verification (level 1) to trade via OKX P2P.

Thank you for your continued support.

OKX team,
July 05, 2023