Dear OKEx users,
To mitigate risks of liquidation and分摊 during potential market volatility surrounding the BCH fork, OKEx will adjust the tiered margin rules for BCH perpetual and delivery contracts.
Key Adjustments (Effective November 5, 2020)
1. BCHUSDT Perpetual Contract Tiers
| Tier | Min Contracts | Max Contracts | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|---|
| 1 | 0 | 400 | 3.00% | 4.00% | 25x |
| 2 | 401 | 4,000 | 3.50% | 4.50% | 22.22x |
| ... | ... | ... | +0.5% per tier | +0.5% per tier | - |
👉 Learn about margin requirements
2. BCHUSD Perpetual Contract Tiers
| Tier | Min Contracts | Max Contracts | Maintenance Margin | Initial Margin | Max Leverage |
|---|---|---|---|---|---|
| 1 | 0 | 1,000 | 3.00% | 4.00% | 25x |
| 2 | 1,001 | 10,000 | 3.50% | 4.50% | 22.22x |
| ... | ... | ... | +0.5% per tier | +0.5% per tier | - |
3. Delivery Contracts
Similar adjustments apply to:
- BCHUSDT delivery contracts
- BCHUSD delivery contracts
Risk Management Recommendations
- Monitor positions: Maintenance margin requirements may increase
- Reduce exposure: Consider partial closing or adding margin
- Avoid high leverage: Recalculate position safety with new tiers
👉 Best practices for crypto derivatives trading
FAQ Section
Q: Why adjust margin tiers before the fork?
A: To protect traders from extreme volatility and potential cascading liquidations.
Q: How long will these adjustments last?
A: Until market conditions stabilize post-fork.
Q: What happens if my position enters a higher tier?
A: You'll need to meet the new maintenance margin requirement or face liquidation.
Q: Where can I check my updated margin requirements?
A: In the "Positions" section of your OKEx account.
This proactive measure demonstrates OKEx's commitment to maintaining a fair and stable trading environment during high-risk market events.