Major changes in minimum trade amounts at OKX exchange
OKX, a leading cryptocurrency exchange, has announced significant adjustments to the minimum trade amounts for several spot trading pairs. These changes will take effect on June 14, 2024, with the goal of improving market liquidity and enhancing the overall trading experience for users.
Details of the adjustments
The specific changes are scheduled to occur between 02:30 pm and 03:30 pm UTC on June 14, 2024. These adjustments will impact both spot and margin markets for trading pairs available in both categories. Some of the notable changes include:
- Type: Spot
- Trading Pair: BTC/EUR
- Minimum Trade Amount (Before): 0.00001
- Minimum Trade Amount (After): 0.0001
- Type: Spot
- Trading Pair: ETH/EUR
- Minimum Trade Amount (Before): 0.0001
- Minimum Trade Amount (After): 0.001
Impact on trading bot orders
These adjustments will also have repercussions on existing trading bot orders. Any orders with amounts below the new minimum trade amounts will be automatically canceled, and corresponding bots will be halted once the open orders are canceled. It is crucial for traders using bots to review and adjust their settings accordingly to avoid any disruptions.
Be aware of the risks
With these changes, OKX has also issued a risk warning, highlighting that the information shared is for educational purposes only and may not be entirely accurate or complete. Users are strongly advised to conduct their research and assess their risk tolerance before engaging in trading digital assets, which are known for their high volatility and potential for significant losses.
For more information, users are encouraged to visit the official OKX website or reach out to the support center via the OKX Telegram group or support center.
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