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New COVER token distribution complete and COVER trading to resume on Jan. 12 at 12:00 pm UTC
OKX will resume trading for COVER/USDT and COVER/ETH today at 12:00 pm UTC. The time for deposits and withdrawals will be announced soon. For more details and information, please refer to the following: Announcement on OKX’s solution to the COVER incident Regards, OKX Jan. 12, 2021 Click Here to Download OKX App >>> Click Here for OKX Twitter >>> Click Here to Join OKX Official Community >>>Published on 12 Jan 2021Updated on 17 Nov 2025AnnouncementsOKX Wallet to Launch Cryptopedia Season 12
What Can You Gain from Participating in Cryptopedia Season 12? Cryptopedia Season 12 spans 20 days, with a daily prize pool of 2,500 USDC. Each day, 80 users who complete and verify the interactive quest will be selected based on the block hash prize giveaway rules to share 2,500 USDC. The task will refresh and repeat each day at 3:59 PM (UTC) and users can engage and complete the task and verification on a daily basis.Published on 15 Jan 2024Updated on 17 Nov 2025AnnouncementsComparing futures mode and multi-currency margin mode
To learn more, refer to the product documents for futures mode and multi-currency mode. This document is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital asset holdings, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.Published on 14 May 2025Updated on 2 Dec 2025Product documentationSetting collateral cryptocurrencies in multi-currency account mode
Open spot sell amount + Assets frozen in isolated margin mode orders frozenBal in details array Available equity The amount of assets that can still be used for spot sell orders in the cross-margin account, as well as isolated margin orders in multi-currency margin mode.Published on 6 Mar 2025Updated on 13 Jan 2026Product documentationBorrowing and repaying in multi-currency and portfolio margin account modes
In multi-currency cross margin mode, your customized collateral cryptocurrencies are converted into their USD-equivalent value as margin for orders and positions. In portfolio margin cross-margin mode, your assets in different cryptocurrencies are converted into their USD-equivalent value as margin for orders and positions. You can turn on or off the auto-borrow function in both multi-currency and portfolio margin modes.Published on 4 Apr 2025Updated on 30 Jan 2026Product documentationMulti-currency margin mode vs. Portfolio margin mode
Simulating positions in multi-currency margin mode Navigate to Trade > Settings icon > Account mode > Multi-currency margin mode For details on the equity, MMR, and margin level in multi-currency margin mode, refer to Multi-currency margin mode: cross-margin trading.Published on 13 Apr 2023Updated on 9 Jul 2025Product documentationOKX to update the collateral cryptocurrency setting in multi-currency margin mode
To further enhance your trading, OKX will upgrade the collateral cryptocurrency setting in multi-currency margin mode. This upgrade allows you to trade cryptocurrencies removed as collateral in isolated margin mode.Published on 22 Apr 2025Updated on 17 Nov 2025AnnouncementsOKX to merge Single and Multi-collateral loans in Flexible Loan revamp
In an effort to simplify the loan process, all future loan orders, both single and multi-collateral, will be aggregated and managed continuously under one Flexible Loan order, starting from July 13(UTC). This means the previous Single-collateral Loan interface will be offline. However, users will still be able to pay off any legacy Single-collateral Loan orders as normal on the Loan home page. Sincerely, OKX Team July 12, 2023 UTCPublished on 12 Jul 2023Updated on 17 Nov 2025AnnouncementsIntroduction to the isolated mode of Futures mode/Multi-currency/Portfolio margin
When users conduct transactions in multi-currency isolated margin mode, the overall adjusted equity in their accounts should be greater than or equal to the hold equity of the corresponding pending orders, and the available balance of this currency should be greater than or equal to the amount of the same currency required by the order. Isolated margin mode 1. In isolated margin mode, the margin pair users traded will be displayed in the form of margin positions, as shown below.Published on 16 Dec 2020Updated on 17 Nov 2025Product documentationOKX to launch feature for setting collateral cryptocurrencies in multi-currency margin mode
To further enhance your trading experience and improve the flexibility of capital and risk management, OKX will launch a feature for you to set your chosen cryptocurrencies as collateral in multi-currency margin mode. This feature allows you to select cryptocurrencies for cross-margin risk sharing in your account, providing greater flexibility in optimizing your trading strategies.Published on 6 Mar 2025Updated on 17 Nov 2025AnnouncementsOKX to change discount rate rules in multi-currency and portfolio margin modes
To ensure platform safety and improve precision in risk measurement and trading rules implementation, OKX will adjust the discount rates for all traders in multi-currency margin mode and portfolio margin mode. The adjustment will take place from 8:00 am UTC on August 22, 2024 to 8:00 am UTC on September 22, 2024. After the adjustment, the discount tiers will be based on crypto amounts, with each crypto assigned to its own tiers.Published on 25 Jul 2024Updated on 17 Nov 2025AnnouncementsOKX has discontinued isolated margin positions in multi-currency and portfolio margin modes
This sub-acccount will be in futures mode, offering you an isolated margin trading experience similar to that in multi-currency margin mode and portfolio margin mode. To continue trading with isolated margin, you can use future mode. For more details, refer to this product document. OKX team Oct 10, 2025Published on 10 Oct 2025Updated on 13 Oct 2025AnnouncementsOKX to discontinue support for isolated margin positions in multi-currency margin mode and portfolio margin mode
For API users If you use isolated margin in multi-currency margin mode or portfolio margin mode, you’ll receive error code 50072, indicating that support has been discontinued. Thank you for your continued support. We appreciate your trust in us and assure you of our best services at all times. OKX team 15 July, 2025Published on 15 Jul 2025Updated on 18 Jul 2025AnnouncementsOKX to adjust discount rates for several assets
OKX team January 12, 2024Published on 12 Jan 2024Updated on 17 Nov 2025AnnouncementsOKX to postpone adjusting discount rates for BETH
The new adjustment time will be 6:00-8:00 am UTC on February 12, 2024.Published on 8 Feb 2024Updated on 17 Nov 2025Announcements