Dear OKX Users,
To enhance market liquidity and optimize your trading experience, OKX will adjust the minimum price precision and trading quantity precision for selected spot/margin trading pairs on March 9, 2023 (14:00 - 14:30 UTC+8). Below are the details:
1. Trading Quantity Precision Adjustments
(Sync applies if margin trading is available for the pair)
| Trading Line | Pair | Previous Precision | Adjusted Precision | Adjustment Window |
|---|---|---|---|---|
| Spot | FIL/ETH | 0.00000001 | 0.0001 | 14:00 - 14:02 UTC+8 |
| Spot | YEE/USDT | 0.000001 | 0.0001 | 14:06 - 14:08 UTC+8 |
2. Minimum Price Precision Adjustments
(Sync applies if margin trading is available for the pair)
| Trading Line | Pair | Previous Precision | Adjusted Precision | Adjustment Window |
|---|---|---|---|---|
| Spot | FIL/ETH | 0.0001 | 0.000001 | 14:03 - 14:05 UTC+8 |
| Spot | YEE/USDT | 0.000001 | 0.0000001 | 14:09 - 14:11 UTC+8 |
| Spot | FIL/BTC | 0.000001 | 0.0000001 | 14:12 - 14:14 UTC+8 |
| Spot | EC/USDT | 0.00001 | 0.000001 | 14:15 - 14:17 UTC+8 |
| Spot | FODL/USDT | 0.0001 | 0.00001 | 14:18 - 14:20 UTC+8 |
| Spot | LING/USDT | 0.0000001 | 0.000001 | 14:21 - 14:23 UTC+8 |
⚠️ Risk Notice
During adjustments, affected pairs will pause trading for 2 minutes. Users cannot place/cancel orders, transfer funds, or adjust margins for these pairs. Other pairs remain unaffected.
👉 Review risk management strategies here to minimize impact.
Key Rules for Order & Position Handling
I. Trading Quantity Precision Adjustments
A) Order Processing Rules
Precision Reduced (e.g., 0.0001 → 0.01):
- Limit Orders: Orders exceeding new precision will be canceled.
Strategy Orders:
- Grid/Martingale strategies terminate if orders cancel.
- Other strategies (e.g., TWAP, Stop-Loss) auto-adjust post-update.
Precision Increased (e.g., 0.01 → 0.0001):
- All active orders remain unchanged.
Note for API Users: System truncates orders to new precision; web/mobile users must comply with updated rules.
B) Position & History Display
- Precision Reduced: Web/mobile displays adjust; API retains original precision.
- Precision Increased: Original precision preserved.
II. Minimum Price Precision Adjustments
A) Order Processing Rules
Precision Reduced (e.g., 0.0001 → 0.01):
- Limit Orders: Price exceeding new precision cancels order.
- Strategy Orders: Grid/Martingale strategies terminate; others auto-adjust.
Precision Increased (e.g., 0.01 → 0.0001):
- No order cancellations.
API Note: Price truncation applies; web/mobile enforces new precision.
B) Position & History Display
- Precision Reduced: Web/mobile adjusts prices ("buy orders rounded down, sell orders rounded up"); API unchanged.
- Precision Increased: Original precision displayed.
FAQs
❓ Will my open orders be affected during the adjustment?
Yes. Orders violating new precision rules will cancel. 👉 Manage orders proactively.
❓ How does this impact margin trading?
Adjustments sync automatically for pairs with margin trading enabled.
❓ Can I trade during the 2-minute pause?
No. Affected pairs are temporarily disabled; other pairs operate normally.
❓ Are API users subject to the same rules?
Yes, but API allows truncated orders; web/mobile interfaces enforce strict compliance.
We apologize for any inconvenience and appreciate your understanding. OKX remains committed to delivering superior trading tools and services.
OKX Team
March 3, 2023 (UTC+8)
👉 Explore OKX’s latest features
### Key SEO Elements:
- **Keywords**: OKX, trading precision, spot trading, margin trading, order management, API trading
- **Structure**: Hierarchical headings, Markdown tables, bulleted lists
- **Anchor Texts**: 3 contextual links to OKX with actionable CTAs
- **Compliance**: No ads/sensitive content; concise risk notices