OKX Announces Discontinuation of One-Click Borrowing and Manual Transfer Isolated Margin & Contract Trading Modes

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To enhance service quality, OKX will cease support for the following trading features on May 29, 2024, at 4:00 PM (UTC+8):

Action Required for Users

If you hold any orders or positions under these modes, promptly cancel orders and close positions to prevent potential losses due to service discontinuation. Once all related orders/positions are cleared, the system will automatically switch your isolated trading mode to Position Transfer.

Key Notes:


FAQs

1. What happens to my active orders after the update?

All orders under discontinued modes must be manually canceled before the deadline. Post-deadline, unsettled orders may result in forced liquidation.

2. How do I verify my current isolated trading mode?

Check your account settings or refer to the API documentation for mode confirmation queries.

3. Will Position Transfer mode offer the same functionalities?

Yes, Position Transfer maintains full trading capabilities with optimized fund allocation.


๐Ÿ‘‰ Explore OKX's advanced trading tools for seamless transitions.

OKX remains committed to delivering superior products and services. For further assistance, contact our 24/7 support team.

OKX Team
April 12, 2024


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