To enhance market liquidity and mitigate risks, OKX will implement adjustments to position tiers for margins between 6:00 am โ 10:00 am UTC on November 25, 2024. This update aims to optimize trading conditions while ensuring risk management protocols align with market dynamics.
Key Adjustments Overview
The table below outlines the specific changes to margin tiers across select trading pairs:
| Trading Pair | Tier | Max. Borrow (Base) | Max. Borrow (Quote) | Maint. Margin | Min. Init. Margin | Max. Leverage |
|---|---|---|---|---|---|---|
| AGLD/USDT | 1 | 1,000 AGLD | 1,800 USDT | 3.00% | 10.00% | 10.00x |
| 2 | 1,800 AGLD | 3,200 USDT | 5.00% | 11.00% | 9.09x | |
| CRO/USDT | 1 | 10,000 CRO | 2,000 USDT | 3.00% | 10.00% | 10.00x |
| 2 | 18,000 CRO | 3,200 USDT | 5.00% | 11.00% | 9.09x | |
| BCH/USDC | 1 | 4 BCH | 1,800 USDC | 3.00% | 10.00% | 10.00x |
| 2 | 7 BCH | 3,000 USDC | 5.00% | 11.00% | 9.09x |
Scope of Adjustments
- Isolated/Cross Margin (Single-Currency): Adjusted per the table above.
- Cross Margin (Multi-Currency/Portfolio Mode): Aligns with USDT-pair base currency rules.
๐ Explore OKX Margin Trading for real-time updates post-adjustment.
Discount Rate Tier Adjustments
Discount rate tiers will mirror updates to USDT-pair base currencies. Example for AGLD/USDT:
| Tier | Max. Collateral (AGLD) | Discount Rate |
|---|---|---|
| 1 | 1,000 | 0.90 |
| 2 | 1,800 | 0.88 |
| 3 | 2,800 | 0.87 |
Maintenance margin differences between tiers determine discount rate changes (e.g., +2% margin = โ0.02 discount rate).
Risk Management Advisory
- Monitor Margins Closely: Tier adjustments may increase maintenance requirements. Proactively manage positions to avoid forced liquidations.
- Leverage Caution: Consider reducing exposure by adding collateral or closing positions pre-adjustment.
Disclaimer: This content is educational and not financial advice. Digital assets are volatile; assess risks independently. OKX disclaims liability for trading losses.
FAQ Section
Q1: How do I check my new margin requirements post-adjustment?
A1: Log into OKX and navigate to the "Margin Tier" section under your trading pair.
Q2: Will isolated margin positions auto-adjust to new tiers?
A2: Yes, existing positions will automatically conform to updated tiers.
Q3: Can I still use high leverage after adjustments?
A3: Maximum leverage varies by tier. Review updated limits in the table above.
๐ OKX Support Center for further queries.