Dear OKX Users,
To enhance market liquidity and optimize your trading experience, OKX will adjust the minimum price precision for selected Spot/Margin and Perpetual Contract trading pairs on December 14, 2023 (14:00–16:00 UTC+8).
Key Adjustments
| Product | Trading Pair | Previous Precision | New Precision |
|---|---|---|---|
| Perpetual | OP/USDT | 0.001 | 0.0001 |
| Spot | OP/USDT | 0.001 | 0.0001 |
| Spot | OP/USDC | 0.001 | 0.0001 |
| Spot | WGRT/USDT | 0.00001 | 0.000001 |
⚠️ Risk Notice
- Trading Pause: Pairs with precision increased (e.g., 0.001 → 0.0001) will pause trading for 2 minutes during adjustment. Orders, cancellations, margin top-ups, and transfers will be temporarily disabled.
- No Impact: Pairs with precision decreased (e.g., 0.0001 → 0.01) remain tradable.
Order Handling Rules
1. Precision Increased (e.g., 0.001 → 0.0001)
- Limit Orders: Active orders retain original precision.
- API Users: System auto-adjusts submitted orders to new precision.
2. Precision Decreased (e.g., 0.0001 → 0.01)
Limit/Strategy Orders: Orders exceeding new precision are canceled.
- Grid/Martingale Strategies: Terminated if orders canceled.
- Other Strategies (e.g., TWAP, Stop-Loss): Resume post-adjustment.
Position & History Display
- Web/Mobile: Historical orders/positions show adjusted precision ("buy orders truncated, sell orders rounded").
- API Users: Original precision preserved.
👉 Learn more about trading strategies
FAQ
Q1: Will my active orders be affected?
A1: Only orders exceeding new precision (if decreased) are canceled.
Q2: Can I trade during the adjustment?
A2: Trading pauses for 2 minutes if precision increases; no pause for decreases.
Q3: How are API orders handled?
A3: The system auto-adjusts them to match new precision.
We apologize for any inconvenience and appreciate your trust as we strive to deliver superior services.
OKX Team
December 12, 2023