Dear OKX users,
To enhance market liquidity and improve your trading experience, OKX will adjust the minimum price precision and trading currency quantity precision for selected spot/margin and perpetual contract trading pairs on June 30, 2023 (14:00 - 16:00 UTC+8).
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Key Adjustments
1. Trading Currency Quantity Precision Updates
- Pairs with reduced precision will experience a 2-minute trading pause
| Trading Pair | Previous Precision | New Precision | Adjustment Time |
|---|---|---|---|
| XPR/USDT (Spot) | 0.000001 | 0.00001 | 14:00 - 14:02 |
| XEM/BTC (Spot) | 0.001 | 0.01 | 14:03 - 14:05 |
| HBAR/BTC (Spot) | 0.0001 | 0.001 | 14:06 - 14:08 |
2. Minimum Price Precision Updates
Perpetual Contract Adjustments:
| Trading Pair | Previous Precision | New Precision |
|---|---|---|
| AXS/USDT | 0.01 | 0.001 |
| BICO/USDT | 0.001 | 0.0001 |
| GRT/USDT | 0.0001 | 0.00001 |
Spot Trading Adjustments:
| Trading Pair | Previous Precision | New Precision |
|---|---|---|
| AXS/USDT | 0.01 | 0.001 |
| ENS/USDT | 0.01 | 0.001 |
| NEAR/USDT | 0.001 | 0.0001 |
Risk Notice
During the adjustment period:
- Pairs with reduced precision will pause trading for 2 minutes
- Users cannot place/cancel orders or transfer funds during the pause
- Other trading pairs remain unaffected
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Order Handling Rules
For Reduced Precision Adjustments (e.g., 0.0001 → 0.01)
Limit Orders:
- Orders exceeding new precision will be canceled
- Orders within new precision remain active
Strategy Orders:
- Grid/Martingale strategies will terminate if orders cancel
- Other strategies (TWAP, Iceberg) will resume with new precision
For Increased Precision Adjustments (e.g., 0.01 → 0.0001)
- All existing orders remain unchanged
Position Display Rules
- Reduced precision: Web/mobile displays adjust; API maintains original precision
- Increased precision: All platforms maintain original display
FAQ
Q: Will my open orders be affected?
A: Only orders exceeding new precision thresholds will cancel. Most active orders remain unchanged.
Q: How long will trading be paused?
A: Exactly 2 minutes per affected pair during the specified adjustment window.
Q: Can I place orders during the adjustment?
A: No trading activity is permitted during the 2-minute pause for precision-reduced pairs.
Q: How does this affect API users?
A: API orders with old precision will automatically truncate to new standards.
We appreciate your understanding as we implement these improvements to serve you better. OKX remains committed to delivering exceptional trading products and services.